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T

TIME CRITICAL PETROLEUM RESOURCES AS971 193 425

Financial fund
Limited company
2. etasje Haakon VIIs gate 1 0161 OSLO, Norge
Banking and insurance
/ Financial fund

TIME CRITICAL PETROLEUM RESOURCES AS

Keywords

placementsecurities

Organization

Chairman of the board
BG

Berge Gerdt Larsen1952

Years since formation
30 years
since Feb 20, 1995
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

Number of shares and share classes
1,125
2 share classes
Total number of shareholders
2
persons

Financials

Annual total result 2023
800,091
NOK
Total equity 2023
77,965,091
NOK
Last update: Aug 29, 2024

Management

Board

NameRoleShares
BG

Berge Gerdt Larsen

1952

Contact Person, Chairman-
BL

Brede Bjøvad Larsen

1986

Alternate Member-

Others

NameRoleShares
P
PRICEWATERHOUSECOOPERS AS
Auditor-

Top 10 individual shareholders

NameRoleShares
BL

Berge Gerdt Larsen

1952

-
100 %
directly
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classNumber of sharesShare
BL

Berge Gerdt Larsen

1952

A-shares
675
60 %
BL

Berge Gerdt Larsen

1952

Class B shares
450
40 %

Shares owned by the TIME CRITICAL PETROLEUM RESOURCES AS

NameShare classNumber of sharesShare
I
INCREASED OIL RECOVERY AS
Ordinary shares
38,205,537
44.95 %
P
PETROLIA NOCO AS
NO0010844301
5,461,346
3.21 %
D
DWELLOP AS
NO0010822364
250
0.06 %
S
SAGA PURE ASA
NO0010572589
300,000
0.06 %
V
VÅR ENERGI ASA
NO0011202772
7,000
< 0.01 %
D
DEEP VALUE DRILLER AS
NO0010955917
9,800
< 0.01 %
D
DOLPHIN DRILLING AS
NO0012595950
24,208
< 0.01 %
Last update: May 24, 2024

Financials

in NOK

Summary

Year202320222021
Total operating income
0
0
0
Annual Total Result
800,091
-11,504,508
-5,938,739
Total assets
79,994,247
77,165,000
92,751,690
Total liabilities
2,029,156
0
82,807
Total equity
77,965,091
77,165,000
92,668,883

P&L

Year202320222021
Total operating income
0
0
0
Total operating costs
200,494
44,961
187,876
Operating result
-200,494
-44,961
-187,876
Financial income/costs
1,014,906
-11,459,547
-5,668,059
Profit before tax
814,413
-11,504,508
-5,855,934
Total tax & extraordinary income/cost
14,322
0
82,805
Annual Total Result
800,091
-11,504,508
-5,938,739

Balance overview

Year202320222021
Total fixed assets
59,293,308
53,039,703
62,140,665
Total current assets
20,700,938
24,125,296
30,611,025
Total assets
79,994,247
77,165,000
92,751,690
Short term debt
2,029,156
0
82,807
Long term debt
0
0
0
Total liabilities
2,029,156
0
82,807
Contributed capital
9,536,422
9,536,422
9,536,422
Retained earnings
68,428,669
67,628,578
83,132,461
Total equity
77,965,091
77,165,000
92,668,883
Total equity and liabilities
79,994,247
77,165,000
92,751,690

Classification

Category
Type of organization
Limited company
Standard industrial classification
K
Main industrial area
Financial and insurance activities
64
Activity
Financial service activities, except insurance and pension funding
64.3
Main industrial group
Trusts, funds and similar financial entities
64.30
Industrial group
Trusts, funds and similar financial entities
64.308
Industrial group
Captive investment companies