TECO GROUP AS
Organization
- CEO
- SG
- Chairman of the board
- TE
Tore Enger1963
- Years since formation
- 28 years
- since Apr 14, 1997
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 50,000
- 1 share class
- Total number of shareholders
- 5
- companies
- Belongs to group of
Financials
- Total operating income 2023
- 864,435
- NOK
- Annual total result 2023
- -1,118,124
- NOK
- Total equity 2023
- 266,285,184
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
SG | Managing Director/CEO | 8 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
TE 1963 | Chairman | 76 % indirectly |
| Board Member | 11.97 % indirectly | |
SG | Board Member | 8 % indirectly |
TF | Board Member | 2.96 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TE 1963 | Chairman | 76 % indirectly |
| Board Member | 11.97 % indirectly | |
SG | Managing Director/CEO, Board Member | 8 % indirectly |
TF | Board Member | 2.96 % indirectly |
| - | 1.07 % indirectly |
Last update: Oct 30, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 38,000 | 76 % | |
| Ordinary shares | 5,453 | 10.91 % | |
| Ordinary shares | 4,000 | 8 % | |
| Ordinary shares | 1,480 | 2.96 % | |
| Ordinary shares | 1,067 | 2.13 % |
Shares owned by the TECO GROUP AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| NO0010775448 | 90,045,081 | 60.78 % | |
| NO0010834740 | 2,460,000 | 46.6 % | |
| NO0010887516 | 42,000,000 | 25.83 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2023: NOK 0Operating profit 2023: NOK -152,884Employees: 0
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 864,435 | 1,450,714 | -3,075 |
Annual Total Result | -1,118,124 | 316,481,442 | -60,332,720 |
Total assets | 297,990,945 | 660,033,542 | 357,853,106 |
Total liabilities | 31,705,760 | 36,689,850 | 41,126,644 |
Total equity | 266,285,184 | 623,343,692 | 316,726,462 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 864,435 | 1,450,714 | -3,075 |
Total operating costs | 1,213,748 | 4,000,371 | 4,303,986 |
Operating result | -349,313 | -2,549,657 | -4,307,061 |
Financial income/costs | -768,811 | -503,282 | 43,893,887 |
Profit before tax | -1,118,124 | -3,052,939 | 39,586,826 |
Total tax & extraordinary income/cost | 0 | -319,534,381 | 99,919,546 |
Annual Total Result | -1,118,124 | 316,481,442 | -60,332,720 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 268,956,323 | 656,929,621 | 355,966,437 |
Total current assets | 29,034,622 | 3,103,921 | 1,886,669 |
Total assets | 297,990,945 | 660,033,542 | 357,853,106 |
Short term debt | 6,089,625 | 7,343,004 | 8,742,585 |
Long term debt | 25,616,135 | 29,346,845 | 32,384,059 |
Total liabilities | 31,705,760 | 36,689,850 | 41,126,644 |
Contributed capital | 103,399 | 103,399 | 103,399 |
Retained earnings | 266,181,785 | 623,240,293 | 316,623,063 |
Total equity | 266,285,184 | 623,343,692 | 316,726,462 |
Total equity and liabilities | 297,990,944 | 660,033,542 | 357,853,106 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises