Organization
- CEO
- TG
Tormund Grimstad1966
- Chairman of the board
- TG
Tormund Grimstad1966
- Years since formation
- 13 years
- since Apr 24, 2012
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 2,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 2,619,369
- NOK
- Annual total result 2024
- -344,644
- NOK
- Total equity 2024
- 4,780,274
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TG 1966 | Managing Director/CEO | 77 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
TG 1966 | Chairman | 77 % indirectly |
MR | Board Member | - |
| Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TG 1966 | Managing Director/CEO, Chairman | 77 % indirectly |
GA | - | 18.6 % indirectly |
Last update: Feb 5, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 2,000 | 100 % |
Shares owned by the NORDNES EIENDOM AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| A-shares | 100 | 12.08 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 139,657,315Operating profit 2024: NOK 19,293,193Employees: 13
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 2,619,369 | 2,454,161 | 2,310,110 | 2,179,560 |
Annual Total Result | -344,644 | -144,156 | 135,914 | 447,143 |
Total assets | 24,659,492 | 24,849,060 | 25,254,244 | 17,408,917 |
Total liabilities | 19,879,218 | 20,045,606 | 20,306,634 | 12,375,149 |
Total equity | 4,780,274 | 4,803,454 | 4,947,610 | 5,033,768 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 2,619,369 | 2,454,161 | 2,310,110 | 2,179,560 |
Total operating costs | 1,444,143 | 1,132,004 | 1,107,456 | 1,106,205 |
Operating result | 1,175,226 | 1,322,157 | 1,202,654 | 1,073,355 |
Financial income/costs | -1,617,077 | -1,506,972 | -1,028,404 | -500,096 |
Profit before tax | -441,851 | -184,815 | 174,249 | 573,260 |
Total tax & extraordinary income/cost | -97,207 | -40,659 | 38,335 | 126,117 |
Annual Total Result | -344,644 | -144,156 | 135,914 | 447,143 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 22,226,021 | 20,853,810 | 19,917,667 | 16,291,847 |
Total current assets | 2,433,471 | 3,995,250 | 5,336,577 | 1,117,070 |
Total assets | 24,659,492 | 24,849,060 | 25,254,244 | 17,408,917 |
Short term debt | 1,765,692 | 1,182,332 | 694,742 | 2,051,763 |
Long term debt | 18,113,526 | 18,863,275 | 19,611,892 | 10,323,386 |
Total liabilities | 19,879,218 | 20,045,606 | 20,306,634 | 12,375,149 |
Contributed capital | 4,121,465 | 3,800,000 | 3,800,000 | 3,800,000 |
Retained earnings | 658,809 | 1,003,454 | 1,147,610 | 1,233,768 |
Total equity | 4,780,274 | 4,803,454 | 4,947,610 | 5,033,768 |
Total equity and liabilities | 24,659,492 | 24,849,060 | 25,254,244 | 17,408,917 |
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