TI-TECH SVEIS AS • 975967263 • Vennesla • Manufacture of fabricated metal products, except machinery and equipment

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Industry and manufacturing

TI-TECH SVEIS AS

Keywords

drillingturningmillingerodingplaningpolishingreamingstraighteningsawinggrindingsharpeningfine polishingweldingsplicing

Organization

CEO: MR
Morten Rosaas1988
Chairman of the board: MR
Morten Rosaas1988
Years since formation: 29 years; since Jan 2, 1996
Type: Limited company
VAT registered: Yes
Number of employees: 16

Ownership

Number of shares and share classes: 315; 1 share class
Total number of shareholders: 5; persons

Financials

Total operating income 2023: 26,709,213; NOK
Annual total result 2023: 1,133,106; NOK
Total equity 2023: 3,002,630; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
MR Morten Rosaas 1988	Managing Director/CEO	23.17 % directly

Board

Name	Role	Shares
MR Morten Rosaas 1988	Chairman	23.17 % directly
FR Frank Rosaas 1964	Board Member	26.03 % directly
HL Hilde Lie 1967	Alternate Member	41.27 % directly

Others

Name	Role	Shares
R REVISJONSFIRMA ELIASSEN AS	Auditor	-
R REKO REGNSKAP & ØKONOMI AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
HL Hilde Lie 1967	Alternate Member	41.27 % directly
FR Frank Rosaas 1964	Board Member	26.03 % directly
MR Morten Rosaas 1988	Managing Director/CEO, Chairman	23.17 % directly
MR Mats Rosaas 1999	-	4.76 % directly
MR Malin Rosaas 1993	-	4.76 % directly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
HL Hilde Lie 1967	Ordinary shares	130	41.27 %
FR Frank Rosaas 1964	Ordinary shares	82	26.03 %
MR Morten Rosaas 1988	Ordinary shares	73	23.17 %
MR Malin Rosaas 1993	Ordinary shares	15	4.76 %
MR Mats Rosaas 1999	Ordinary shares	15	4.76 %

Last update: May 24, 2024

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	26,709,213	24,066,853	21,960,842
Annual Total Result	1,133,106	977,098	737,051
Total assets	8,106,507	7,082,669	7,322,768
Total liabilities	5,103,878	4,230,345	4,553,793
Total equity	3,002,630	2,852,323	2,768,975

P&L

Year	2023	2022	2021
Total operating income	26,709,213	24,066,853	21,960,842
Total operating costs	25,236,676	22,790,581	21,001,223
Operating result	1,472,537	1,276,272	959,620
Financial income/costs	-19,086	-23,582	-14,683
Profit before tax	1,453,451	1,252,690	944,937
Total tax & extraordinary income/cost	320,345	275,592	207,886
Annual Total Result	1,133,106	977,098	737,051

Balance overview

Year	2023	2022	2021
Total fixed assets	1,259,128	923,572	631,589
Total current assets	6,847,379	6,159,097	6,691,179
Total assets	8,106,507	7,082,669	7,322,768
Short term debt	5,102,277	4,222,035	4,551,168
Long term debt	1,601	8,310	2,625
Total liabilities	5,103,878	4,230,345	4,553,793
Contributed capital	315,000	315,000	315,000
Retained earnings	2,687,630	2,537,323	2,453,975
Total equity	3,002,630	2,852,323	2,768,975
Total equity and liabilities	8,106,507	7,082,669	7,322,768

Classification

Category

Industry and manufacturing

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

Standard industrial classification

C

Main industrial area

Manufacturing

25

Activity

Manufacture of fabricated metal products, except machinery and equipment

25.6

Main industrial group

Treatment and coating of metals; machining

25.62

Industrial group

Machining

25.620

Industrial group

Machining