TIER AS
Organization
- CEO
- TW
Torgeir Welo1960
- Chairman of the board
- TW
Torgeir Welo1960
- Years since formation
- 18 years
- since Nov 6, 2007
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Annual total result 2024
- -5,285
- NOK
- Total equity 2024
- 1,081,613
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TW 1960 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
TW 1960 | Chairman | 100 % directly |
TA | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TW 1960 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
TW 1960 | Ordinary shares | 1,000 | 100 % |
Shares owned by the TIER AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| NO0010199151 | 5,700 | < 0.01 % | |
| NO0010907744 | 421 | < 0.01 % | |
| NO0010365521 | 210 | < 0.01 % | |
| NO0003078800 | 389 | < 0.01 % | |
| NO0003096208 | 550 | < 0.01 % | |
| NO0013293142 | 200 | < 0.01 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 0 | 142,000 | 291,050 |
Annual Total Result | -5,285 | 288,503 | 119,449 |
Total assets | 1,083,198 | 1,117,659 | 873,656 |
Total liabilities | 1,585 | 30,762 | 75,262 |
Total equity | 1,081,613 | 1,086,897 | 798,395 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 0 | 142,000 | 291,050 |
Total operating costs | 8,503 | -60,973 | 78,160 |
Operating result | -8,503 | 202,973 | 212,890 |
Financial income/costs | 4,803 | 116,292 | -30,967 |
Profit before tax | -3,700 | 319,265 | 181,923 |
Total tax & extraordinary income/cost | 1,585 | 30,762 | 62,474 |
Annual Total Result | -5,285 | 288,503 | 119,449 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 0 | 0 | 0 |
Total current assets | 1,083,198 | 1,117,659 | 873,656 |
Total assets | 1,083,198 | 1,117,659 | 873,656 |
Short term debt | 1,585 | 30,762 | 75,262 |
Long term debt | 0 | 0 | 0 |
Total liabilities | 1,585 | 30,762 | 75,262 |
Contributed capital | 100,000 | 100,000 | 100,000 |
Retained earnings | 981,613 | 986,897 | 698,395 |
Total equity | 1,081,613 | 1,086,897 | 798,395 |
Total equity and liabilities | 1,083,198 | 1,117,659 | 873,656 |
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