TINFOS AS

Organization

CEO: ØF
Øyvind Frydenberg1968
Chairman of the board: HH
Halvor Halvorsøn Holta1958
Years since formation: 30 years; since Mar 12, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 40

Ownership

Number of shares and share classes: 385,970; 1 share class
Total number of shareholders: 50; 4 companies, 46 persons
Belongs to group of

Financials

Total operating income 2024: 208,181,020; NOK
Annual total result 2024: 16,564,404; NOK
Total equity 2024: 456,701,451; NOK

Last update: Sep 9, 2025

Management

Management / administration

Name	Role	Shares
ØF Øyvind Frydenberg 1968	Managing Director/CEO	-

Board

Name	Role	Shares
HH Halvor Halvorsøn Holta 1958	Chairman	55.19 % indirectly
KØ Kristin Øgaard 1962	Board Member	-
TS Tor Søve Syverud 1967	Board Member	-
RA Ragnhild Apeland Katteland 1968	Board Member	-
TL Tore Lunde 1955	Board Member	-
AK Anne Kathrine Fløttre Holta 1961	Board Member	-
AB Annette Beate Wacknitz Malm Justad 1958	Alternate Member	-
HH Haavard Halvorsøn Fløttre Holta 1992 Resigned	Alternate Member	1.7 % indirectly

Others

Name	Role	Shares
B BDO AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
HH Halvor Halvorsøn Holta 1958	Chairman	55.19 % indirectly
HH Haavard Halvorsøn Fløttre Holta 1992	Alternate Member	1.7 % indirectly
AC Astri C Fløttre Holta 1995	-	1.7 % indirectly
IA Inger Anine Fløttre Holta 1998	-	1.7 % indirectly

Last update: May 6, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
M MONIAL AS	Ordinary shares	229,006	59.33 %
N1 Norway 1 Bv Aceh	Ordinary shares	139,824	36.23 %
A AUBERT INVEST AS	Ordinary shares	7,984	2.07 %
H HAI INVEST AS	Ordinary shares	3,685	0.95 %
MV Michael Viig 1967	Ordinary shares	1,300	0.34 %
AA Annette Aubert 1963	Ordinary shares	900	0.23 %
GE George Emil Aubert 1960	Ordinary shares	900	0.23 %
S SONJA OG EMIL AUBERTS LEGAT STI	Ordinary shares	600	0.16 %
AK Anne Kjeldsberg Pihl 1940	Ordinary shares	300	0.08 %
OB Ole Bjørn Holta Skahjem 1951	Ordinary shares	207	0.05 %
JM Janet Mary Arndt 1942	Ordinary shares	200	0.05 %
BH Bjørn Helgesen 1965	Ordinary shares	107	0.03 %
PA Pernille Andrea Aubert Gilje 1996	Ordinary shares	100	0.03 %
RJ Rikke Johanne Aubert 1996	Ordinary shares	100	0.03 %
RK Ruth Karin Holta 1943	Ordinary shares	100	0.03 %
RS Rebekka Sofie Aubert-Limi 1992	Ordinary shares	100	0.03 %
DE Didrik Emil Aubert 1992	Ordinary shares	100	0.03 %
KF Karin Faremo 1956	Ordinary shares	50	< 0.01 %
CS Christian Sibbern 1955	Ordinary shares	50	< 0.01 %
LM Liv Mette Vatne Tveiten 1961	Ordinary shares	48	< 0.01 %
ER Eivind Riise 1958	Ordinary shares	34	< 0.01 %
NR Nicolai Riise 1963	Ordinary shares	33	< 0.01 %
MR Monica Riise 1960	Ordinary shares	33	< 0.01 %
BE Bjørn Erik Skahjem 1983	Ordinary shares	25	< 0.01 %
KS Karianne Skahjem 1987	Ordinary shares	25	< 0.01 %
VO Vigdis Ormevik 1966	Ordinary shares	16	< 0.01 %
SR Sissel Ragnhild Vatne Engravslia 1953	Ordinary shares	11	< 0.01 %
TA Torgeir Aas 1957	Ordinary shares	10	< 0.01 %
ØO Øyvind Odden 1956	Ordinary shares	8	< 0.01 %
BB Bjarne Berge 1957	Ordinary shares	8	< 0.01 %
TS Tor Søve Syverud 1967	Ordinary shares	8	< 0.01 %
LO Liv Olaug Hovde 1978	Ordinary shares	6	< 0.01 %
JR Jan Roar Grimsrud 1967	Ordinary shares	1	< 0.01 %
FL Frank Lien 1956	Ordinary shares	1	< 0.01 %
EN Espen Naustvoll Wikan 1986	Ordinary shares	1	< 0.01 %
NT Nils Thomas Lysbakken 1949	Ordinary shares	1	< 0.01 %
OI Olav Ingolfsrud 1967	Ordinary shares	1	< 0.01 %
BJ Borgar Johnsen 1970	Ordinary shares	1	< 0.01 %
AI Anne Ingun Sagafoss 1955	Ordinary shares	1	< 0.01 %
BS Bente Stykket 1966	Ordinary shares	1	< 0.01 %
MJ Mats Jansson Nilsen 1987	Ordinary shares	1	< 0.01 %
RK Rune Kristian Mork 1976	Ordinary shares	1	< 0.01 %
AS Arne Slaaen 1952	Ordinary shares	1	< 0.01 %
AI Arild Inge Selbo 1955	Ordinary shares	1	< 0.01 %
TS Tor Sagafoss 1950	Ordinary shares	1	< 0.01 %
JT John Torgeir Haukvik 1952	Ordinary shares	1	< 0.01 %
KM Kjell Magne Haugen 1960	Ordinary shares	1	< 0.01 %
TS Truls Skeie 1961	Ordinary shares	1	< 0.01 %
JK Jarle Kolstad 1969	Ordinary shares	1	< 0.01 %
AD Asgeir Drugli 1968	Ordinary shares	1	< 0.01 %

Shares owned by the TINFOS AS

Name	Share class	Total number of shares	Share
L LURE KRAFT AS	Ordinary shares	10,000	100 %
T TINFOS HIDRO AS	Ordinary shares	10,000	100 %
T TINFOS EIENDOM AS	Ordinary shares	1,000	100 %
T TINFOS POWERTECH AS	Ordinary shares	1,000	100 %
T TINFOS HYDROPOWER SOLUTIONS AS	Ordinary shares	10,000	100 %
T TINFOS HYDRO 3 AS	Ordinary shares	10,000	100 %
S STÅRHEIM KRAFT AS	Ordinary shares	3,343,400	100 %
T TINFOS STRØM AS	Ordinary shares	20,000	100 %
T TINFOS HYDRO 2 AS	Ordinary shares	29	100 %
T TINFOS ENTREPRENØR AS	Ordinary shares	31,275	100 %
R RAMSÅE KRAFT AS	Ordinary shares	9,000	90 %
R REKÅA KRAFTVERK AS	Ordinary shares	6,044	51 %

Last update: Jun 2, 2025

Group structure

MONIAL AS
Total operating income 2024: NOK 627,000
Operating profit 2024: NOK 13,811,000
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	208,181,020	290,326,668	379,325,586	220,118,221
Annual Total Result	16,564,404	47,698,599	94,027,597	110,531,667
Total assets	640,191,253	668,237,064	817,785,015	570,227,968
Total liabilities	183,489,801	222,310,467	406,048,067	239,009,667
Total equity	456,701,451	445,926,598	411,736,948	331,218,301

P&L

Year	2024	2023	2022	2021
Total operating income	208,181,020	290,326,668	379,325,586	220,118,221
Total operating costs	131,976,109	136,321,382	105,339,026	131,468,779
Operating result	76,204,911	154,005,286	273,986,560	88,649,443
Financial income/costs	5,316,481	3,148,559	-1,595,405	75,597,715
Profit before tax	81,521,392	157,153,845	272,391,155	164,247,157
Total tax & extraordinary income/cost	64,956,988	109,455,246	178,363,558	53,715,490
Annual Total Result	16,564,404	47,698,599	94,027,597	110,531,667

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	216,767,283	206,410,699	194,740,735	164,217,985
Total current assets	423,423,970	461,826,366	623,044,281	406,009,983
Total assets	640,191,253	668,237,064	817,785,015	570,227,968
Short term debt	34,788,798	73,593,329	258,502,373	91,927,524
Long term debt	148,701,004	149,048,756	146,648,312	146,245,960
Total liabilities	183,489,801	222,310,467	406,048,067	239,009,667
Contributed capital	3,087,760	3,087,760	3,087,760	3,087,760
Retained earnings	453,613,691	442,838,838	408,649,188	328,130,541
Total equity	456,701,451	445,926,598	411,736,948	331,218,301
Total equity and liabilities	640,191,253	668,237,064	817,785,015	570,227,968

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

TINFOS AS916 763 476

TINFOS AS

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the TINFOS AS

Group structure

Financials

Summary

P&L

Balance overview

Classification