TVECO AS
Organization
- CEO
- TI
- Chairman of the board
- TI
- Years since formation
- 30 years
- since Mar 12, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 144
- 2 share classes
- Total number of shareholders
- 5
- persons
- Belongs to group of
Financials
- Total operating income 2024
- 15,893,941
- NOK
- Annual total result 2024
- 33,767,046
- NOK
- Total equity 2024
- 848,601,389
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TI | Managing Director/CEO | 10.42 % directly |
Board
| Name | Role | Shares |
|---|---|---|
TI | Chairman | 10.42 % directly |
MT 1978 | Board Member | - |
MT 1979 | Board Member | - |
AT 1982 | Board Member | 29.86 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AT 1982 | Board Member | 29.86 % directly |
TI | Managing Director/CEO, Chairman | 10.42 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
AT 1982 | Class B shares | 42 | 29.17 % |
TI | A-shares | 15 | 10.42 % |
AT 1982 | A-shares | 1 | 0.69 % |
MT 1979 | A-shares | 1 | 0.69 % |
MT 1978 | A-shares | 1 | 0.69 % |
Shares owned by the TVECO AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 1,028 | 100 % | |
| Ordinary shares | 364,000 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 30 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 241 | 100 % | |
| Ordinary shares | 30 | 100 % | |
| Ordinary shares | 3,000 | 100 % | |
| Ordinary shares | 30 | 100 % | |
| Ordinary shares | 30 | 100 % | |
| Ordinary shares | 106,750 | 100 % | |
| Ordinary shares | 30 | 100 % | |
| Ordinary shares | 3,000 | 100 % | |
| Ordinary shares | 1,000 | 100 % | |
| Ordinary shares | 400 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 36,000 | 100 % | |
| Ordinary shares | 1,000 | 100 % | |
| Ordinary shares | 1,000 | 100 % | |
| Ordinary shares | 10 | 100 % | |
| Ordinary shares | 1,500,000 | 100 % | |
| Ordinary shares | 392,373 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 500 | 100 % | |
| Preference shares | 1,000,000 | 90.91 % | |
| Ordinary shares | 100,000 | 50 % | |
| Ordinary shares | 860 | 25 % | |
| Ordinary shares | 1 | 25 % | |
| Ordinary shares | 560,677 | 20.39 % | |
| Ordinary shares | 24,488 | 20 % | |
| Ordinary shares | 600 | 20 % | |
| NO0004913609 | 1,000,000 | 3.38 % | |
| NO0010215338 | 396,000 | 3.25 % | |
| Ordinary shares | 300 | 3 % | |
| NO0011184723 | 292,515 | 2.56 % | |
| Ordinary shares | 5,000 | 1.61 % | |
| Ordinary shares | 110,619 | 1.53 % | |
| Ordinary shares | 15 | 1.19 % | |
| Preference shares | 1,000,000 | 0.85 % | |
| NO0012894650 | 7,636,126 | 0.23 % | |
| NO0010740749 | 30,093 | < 0.01 % | |
| NO0012737768 | 979 | < 0.01 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 15,893,941Operating profit 2024: NOK -4,705,342Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 15,893,941 | 14,453,126 | 13,786,468 | 11,773,414 |
Annual Total Result | 33,767,046 | 16,822,926 | 89,923,500 | 512,808,242 |
Total assets | 1,586,662,416 | 1,323,129,778 | 1,368,736,250 | 1,133,687,787 |
Total liabilities | 738,061,026 | 508,295,435 | 570,776,258 | 406,515,296 |
Total equity | 848,601,389 | 814,834,343 | 797,959,991 | 727,172,492 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 15,893,941 | 14,453,126 | 13,786,468 | 11,773,414 |
Total operating costs | 20,599,283 | 20,954,839 | 19,708,075 | 15,497,585 |
Operating result | -4,705,342 | -6,501,713 | -5,921,607 | -3,724,172 |
Financial income/costs | 41,365,484 | 31,300,137 | 99,924,854 | 520,886,703 |
Profit before tax | 36,660,142 | 24,798,423 | 94,003,247 | 517,162,531 |
Total tax & extraordinary income/cost | 2,893,096 | 7,975,497 | 4,079,747 | 4,354,289 |
Annual Total Result | 33,767,046 | 16,822,926 | 89,923,500 | 512,808,242 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 999,674,002 | 894,660,862 | 863,420,617 | 715,897,213 |
Total current assets | 586,988,414 | 428,468,916 | 505,315,633 | 417,790,574 |
Total assets | 1,586,662,416 | 1,323,129,778 | 1,368,736,250 | 1,133,687,787 |
Short term debt | 256,549,936 | 136,804,757 | 186,958,492 | 55,251,692 |
Long term debt | 481,511,090 | 371,490,678 | 383,817,766 | 351,263,604 |
Total liabilities | 738,061,026 | 508,295,435 | 570,776,258 | 406,515,296 |
Contributed capital | 20,805,256 | 20,805,256 | 20,805,256 | 19,941,256 |
Retained earnings | 827,796,133 | 794,029,087 | 777,154,735 | 707,231,236 |
Total equity | 848,601,389 | 814,834,343 | 797,959,991 | 727,172,492 |
Total equity and liabilities | 1,586,662,416 | 1,323,129,778 | 1,368,736,250 | 1,133,687,787 |
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