TGS ASA

Services

/ Counseling

/ 71.122 Geological surveying

Keywords

geologicalgeophysicalgeochemicalscientificconsulting serviceslocationmineral depositsoil and gasgroundwater

Organization

CEO: KK
Kristian Kuvaas Johansen1971
Chairman of the board: TB
Trond Brandsrud1958
Years since formation: 29 years; since Aug 28, 1996
Type: Public limited company
VAT registered: Yes
Number of employees: 36

Ownership

Number of shares and share classes: 196,400,820; 1 share class
Total number of shareholders: 14869; 1,184 companies, 13,685 persons
Belongs to group of

Financials

Total operating income 2023: 160,588,000; NOK
Annual total result 2023: -2,698,000; NOK
Total equity 2023: 207,091,000; NOK

Last update: May 14, 2025

Management

Management / administration

Name	Role	Shares
KK Kristian Kuvaas Johansen 1971	Managing Director/CEO	-

Board

Name	Role	Shares
SH Svein Harald Øygard 1960	Board Member	-
LA Luis Antonio Gomes Araujo 1959	Board Member	-
BR Bettina Regula Bachmann 1959	Board Member	-
MM Maurice Maher Nessim Abdel Shahid 1957	Board Member	-
ED Emeliana Dallan Rice Oxley Emeliana Dallan Rice Oxley 1963	Board Member	-
AG Anne Grethe Dalane 1960	Board Member	-
TB Trond Brandsrud 1958	Chairman	-

Others

Name	Role	Shares
K KPMG AS	Auditor	-

Last update: May 12, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
F FOLKETRYGDFONDET	NO0003078800	15,567,380	7.93 %
BH Brothers Harriman Lux Sca Brown	NO0003078800	11,185,821	5.7 %
PB Paribas Bnp	NO0003078800	6,840,101	3.48 %
P PARETO AKSJE NORGE VERDIPAPIRFOND	NO0003078800	5,664,929	2.88 %
SB Street Bank And Trust Comp State	NO0003078800	5,021,429	2.56 %
IB Interactive Brokers Llc	NO0003078800	4,500,104	2.29 %
CB Chase Bank Na London Jpmorgan	NO0003078800	4,336,549	2.21 %
MS Morgan Stanley & Co. Llc	NO0003078800	4,333,705	2.21 %
CB Chase Bank Na London Jpmorgan	NO0003078800	3,600,408	1.83 %
SS Sanpaolo Spa Intesa	NO0003078800	3,419,057	1.74 %
V VERDIPAPIRFONDET DNB AM NORSKE AKSJER	NO0003078800	3,154,545	1.61 %
TB The Bank Of New York Mellon	NO0003078800	2,999,617	1.53 %
TN The Northern Trust Comp, London Br	NO0003078800	2,789,542	1.42 %
SB Street Bank And Trust Comp State	NO0003078800	2,447,931	1.25 %
V VERDIPAPIRFONDET KLP AKSJENORGE INDEKS	NO0003078800	2,353,233	1.2 %
BS Bank Sanv Euroclear	NO0003078800	2,282,632	1.16 %
V VERDIPAPIRFONDET DNB NORGE	NO0003078800	2,154,821	1.1 %
IS Investor Services Trust Rbc	NO0003078800	2,088,950	1.06 %
CB Clearstream Banking S.a.	NO0003078800	2,027,324	1.03 %
SB Street Bank And Trust Comp State	NO0003078800	2,002,488	1.02 %
NC Na Citibank	NO0003078800	1,944,550	0.99 %
NC Na Citibank	NO0003078800	1,816,200	0.92 %
V VERDIPAPIRFONDET DNB NORGE INDEKS	NO0003078800	1,759,086	0.9 %
SB Street Bank And Trust Comp State	NO0003078800	1,723,773	0.88 %
V VERDIPAPIRFONDET HOLBERG NORGE	NO0003078800	1,700,000	0.87 %
V VERDIPAPIRFOND ODIN NORGE	NO0003078800	1,645,039	0.84 %
TB The Bank Of New York Mellon Sa/Nv	NO0003078800	1,621,874	0.83 %
TB The Bank Of New York Mellon Sa/Nv	NO0003078800	1,439,408	0.73 %
AU Ag Ubs	NO0003078800	1,394,034	0.71 %
HH Henry Haywood Hamilton 1959	NO0003078800	1,352,400	0.69 %
F FORSVARETS PERSONELLSERVICE	NO0003078800	1,287,700	0.66 %
S SKAGEN VEKST VERDIPAPIRFOND	NO0003078800	1,282,683	0.65 %
BP Bank Pictet Cie Europe Ag	NO0003078800	1,282,489	0.65 %
H HOLMEN SPESIALFOND	NO0003078800	1,280,586	0.65 %
V VERDIPAPIRFONDET KLP AKSJENORGE AKTIV	NO0003078800	1,248,015	0.64 %
SI Securities Inc Bofa	NO0003078800	1,195,426	0.61 %
NC Na Citibank	NO0003078800	1,137,149	0.58 %
TB The Bank Of New York Mellon	NO0003078800	1,133,126	0.58 %
V VJ INVEST AS	NO0003078800	1,050,571	0.53 %
BC Bank Caceis	NO0003078800	1,030,383	0.52 %
CB Chase Bank Na London Jpmorgan	NO0003078800	1,025,124	0.52 %
CB Chase Bank Na London Jpmorgan	NO0003078800	1,018,326	0.52 %
A AAT INVEST AS	NO0003078800	1,000,000	0.51 %
BH Brothers Harriman Lux Sca Brown	NO0003078800	985,711	0.5 %
K KOMMUNAL LANDSPENSJONSKASSE GJENSIDIG FORSIKRINGSSELSKAP	NO0003078800	939,416	0.48 %
BP Bank Plc Hsbc	NO0003078800	913,573	0.47 %
EB Enskilda Banken Ab Skandinaviska	NO0003078800	909,559	0.46 %
BC Bank Caceis	NO0003078800	909,278	0.46 %
BS Bank Spain Sa Caceis	NO0003078800	883,766	0.45 %
TN The Northern Trust Comp, London Br	NO0003078800	834,000	0.42 %
NC Na Citibank	NO0003078800	823,691	0.42 %
V VERDIPAPIRFONDET DANSKE INVEST NORSKE AKSJER INSTITUSJON II	NO0003078800	786,500	0.4 %
NC Na Citibank	NO0003078800	772,602	0.39 %
V VERDIPAPIRFONDET SPAREBANK 1 UTBYTTE	NO0003078800	766,553	0.39 %
V VERDIPAPIRFONDET EQUINOR AKSJER NORGE	NO0003078800	761,910	0.39 %
NC Na Citibank	NO0003078800	752,378	0.38 %
TN The Northern Trust Comp, London Br	NO0003078800	727,226	0.37 %
V VERDIPAPIRFONDET ALFRED BERG INDEKS	NO0003078800	722,225	0.37 %
MS Morgan Se Jp	NO0003078800	714,944	0.36 %
V VERDIPAPIRFONDET DNB NORGE SELEKTIV	NO0003078800	686,084	0.35 %
TB The Bank Of New York Mellon	NO0003078800	673,685	0.34 %
V VARNER EQUITIES AS	NO0003078800	659,602	0.34 %
TB The Bank Of New York Mellon	NO0003078800	658,443	0.34 %
V VERDIPAPIRFONDET STOREBRAND NORGE INSTITUSJON	NO0003078800	657,955	0.34 %
M MP PENSJON PK	NO0003078800	657,900	0.33 %
O O.N. Sunde A/S	NO0003078800	650,000	0.33 %
V VERDIPAPIRFONDET SPAREBANK 1 NORGE VERDI	NO0003078800	629,155	0.32 %
CB Chase Bank Na London Jpmorgan	NO0003078800	627,908	0.32 %
TB The Bank Of New York Mellon	NO0003078800	615,074	0.31 %
NC Na Citibank	NO0003078800	614,960	0.31 %
V VERDIPAPIRFONDET STOREBRAND INDEKS - NORGE	NO0003078800	599,494	0.31 %
CB Chase Bank Na London Jpmorgan	NO0003078800	587,279	0.3 %
SB Street Bank And Trust Comp State	NO0003078800	585,552	0.3 %
G GROSS MANAGEMENT AS	NO0003078800	562,147	0.29 %
BA Bank Abp Nordea	NO0003078800	556,342	0.28 %
IH Innland Hsbc Bank Plc Market-Making	NO0003078800	525,425	0.27 %
BC Bank Caceis	NO0003078800	519,482	0.26 %
SA Sis Ag Six	NO0003078800	514,041	0.26 %
BA Bank Asa Dnb	NO0003078800	484,526	0.25 %
BH Brothers Harriman Lux Sca Brown	NO0003078800	482,195	0.25 %
M MELESIO INVEST AS	NO0003078800	467,889	0.24 %
CB Chase Bank Na London Jpmorgan	NO0003078800	461,269	0.23 %
BA Bank Ab Nordnet	NO0003078800	435,711	0.22 %
N NORDNET LIVSFORSIKRING AS	NO0003078800	422,315	0.22 %
PB Paribas Bnp	NO0003078800	416,274	0.21 %
BC Bank Caceis	NO0003078800	406,828	0.21 %
TB The Bank Of New York Mellon	NO0003078800	406,189	0.21 %
PC Pictet Cie Sa Banque	NO0003078800	404,735	0.21 %
A AGIL CAPITAL AS	NO0003078800	400,000	0.2 %
S SPECTATIO FINANS AS	NO0003078800	390,375	0.2 %
F FLATAKER EIENDOM AS	NO0003078800	390,000	0.2 %
NS Nationalbank Schweizerische	NO0003078800	388,752	0.2 %
CB Chase Bank Na London Jpmorgan	NO0003078800	379,945	0.19 %
TB The Bank Of New York Mellon Sa/Nv	NO0003078800	377,406	0.19 %
TN The Northern Trust Comp, London Br	NO0003078800	370,000	0.19 %
TB The Bank Of New York Mellon	NO0003078800	369,226	0.19 %
V VARDE NORGE AS	NO0003078800	360,000	0.18 %
JM J.p. Morgan Securities Llc	NO0003078800	348,408	0.18 %
BA Bank As Danske	NO0003078800	348,151	0.18 %
NC Na Citibank	NO0003078800	329,714	0.17 %

Shares owned by the TGS ASA

Name	Share class	Total number of shares	Share
T TGS CONTRACTING AS	Ordinary shares	1,000	100 %
T TGS AS	Ordinary shares	30,000	100 %
T TGS NEWCO AS	Ordinary shares	3,000	100 %
T TGS NES AS	Ordinary shares	100,000	100 %
M MAGSEIS FAIRFIELD AS	NO0010663669	271,706,925	100 %
T TGS AP INVESTMENTS AS	Ordinary shares	1,000	100 %
T TGS ASA	NO0003078800	187,774	0.1 %

Last update: Jun 2, 2025

Group structure

TGS ASA
Total operating income 2023: NOK 160,588,000
Operating profit 2023: NOK 35,562,000
Employees: 36

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	160,588,000	260,805,000	142,762,000
Annual Total Result	-2,698,000	29,686,000	-55,479,000
Total assets	1,193,766,000	1,165,398,000	1,003,621,000
Total liabilities	986,675,000	975,734,000	886,777,000
Total equity	207,091,000	189,664,000	116,843,000

P&L

Year	2023	2022	2021
Total operating income	160,588,000	260,805,000	142,762,000
Total operating costs	125,026,000	161,494,000	196,708,000
Operating result	35,562,000	99,311,000	-53,946,000
Financial income/costs	-38,447,000	-64,550,000	-14,891,000
Profit before tax	-2,885,000	34,761,000	-68,837,000
Total tax & extraordinary income/cost	-187,000	5,075,000	-13,358,000
Annual Total Result	-2,698,000	29,686,000	-55,479,000

Balance overview

Year	2023	2022	2021
Total fixed assets	702,514,000	582,375,000	355,049,000
Total current assets	491,252,000	583,023,000	648,572,000
Total assets	1,193,766,000	1,165,398,000	1,003,621,000
Short term debt	930,963,000	918,960,000	830,199,000
Long term debt	55,712,000	56,774,000	56,578,000
Total liabilities	986,675,000	975,734,000	886,777,000
Contributed capital	174,766,000	159,978,000	116,843,000
Retained earnings	32,325,000	29,686,000	0
Total equity	207,091,000	189,664,000	116,843,000
Total equity and liabilities	1,193,766,000	1,165,398,000	1,003,620,000

TGS ASA976 695 372

TGS ASA

Keywords

Links

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Ownership

Company shareholders

Shares owned by the TGS ASA

Group structure

Financials

Summary

P&L

Balance overview

Classification