MAGSEIS FAIRFIELD AS

TGS | Energy Data & Intelligence

TGS provides energy data and insights for the broader energy industry. Across the energy spectrum, through innovation and data-driven solutions, TGS utilizes diverse sources of data, including their own, to create actionable insights.

Keywords

geologicalgeophysicalgeochemicalscientificconsulting serviceslocationmineral depositsoil and gasgroundwater

Organization

CEO: RJ
Robert James Adams1976
Chairman of the board: KJ
Kristian Kuvaas Johansen1971
Years since formation: 15 years; since Oct 13, 2009
Type: Limited company
VAT registered: Yes
Number of employees: 18

Ownership

Number of shares and share classes: 271,706,925; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 36,595,000; NOK
Annual total result 2023: -5,827,000; NOK
Total equity 2023: 125,131,000; NOK

Last update: Oct 31, 2024

Management

Management / administration

Name	Role	Shares
RJ Robert James Adams 1976	Managing Director/CEO	-

Board

Name	Role	Shares
KJ Kristian Kuvaas Johansen 1971	Chairman	-
TH Tone Engelberth Holm-Trudeng 1984	Board Member	-
YF Yves Francois Louis Chiffoleau 1968	Board Member	-
SB Sven Børre Larsen 1976	Board Member	-
KS Katrine Haakenstad Salveson 1988	Board Member	-
TL Tana La Don Pool 1959	Board Member	-
CM Ciaran Moore 1973	Alternate Member	-
KR Kristian Farberg Røislien 1982	Alternate Member	-
KB Knut Barstad 1966	Alternate Member	-
LA Laurie Ann Stewart 1970	Alternate Member	-
JG Janie Garcia 1983	Alternate Member	-
SD Sandrine David 1984	Alternate Member	-

Others

Name	Role	Shares
K KPMG AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
AT Aasulv Tveitereid 1973	-	1.52 % indirectly
HH Henry Haywood Hamilton 1959	-	1.03 % indirectly

Last update: Oct 28, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
T TGS ASA	NO0010663669	271,706,925	100 %

Shares owned by the MAGSEIS FAIRFIELD AS

Name	Share class	Number of shares	Share
M MAGSEIS FF AS	Ordinary shares	300	100 %
M MAGSEIS RENEWABLES AS	Ordinary shares	1,000	100 %
M MAGSEIS OPERATIONS AS	Ordinary shares	100,000	100 %
T TGS ASA	NO0003078800	1,363	< 0.01 %

Last update: May 24, 2024

Group structure

TGS ASA
Total operating income 2023: NOK 160,588,000
Operating profit 2023: NOK 35,562,000
Employees: 45

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	36,595,000	23,063,000	26,916,000
Annual Total Result	-5,827,000	-17,154,000	-47,444,000
Total assets	244,014,000	217,185,000	204,593,000
Total liabilities	118,883,000	84,748,000	55,958,000
Total equity	125,131,000	132,437,000	148,635,000

P&L

Year	2023	2022	2021
Total operating income	36,595,000	23,063,000	26,916,000
Total operating costs	48,022,000	41,559,000	42,561,000
Operating result	-11,427,000	-18,496,000	-15,645,000
Financial income/costs	5,600,000	1,342,000	-31,949,000
Profit before tax	-5,827,000	-17,154,000	-47,594,000
Total tax & extraordinary income/cost	0	0	-150,000
Annual Total Result	-5,827,000	-17,154,000	-47,444,000

Balance overview

Year	2023	2022	2021
Total fixed assets	194,282,000	188,226,000	179,963,000
Total current assets	49,732,000	28,959,000	24,630,000
Total assets	244,014,000	217,185,000	204,593,000
Short term debt	24,894,000	52,400,000	26,211,000
Long term debt	93,989,000	32,348,000	29,747,000
Total liabilities	118,883,000	84,748,000	55,958,000
Contributed capital	125,131,000	128,587,000	152,605,000
Retained earnings	0	3,850,000	-3,970,000
Total equity	125,131,000	132,437,000	148,635,000
Total equity and liabilities	244,014,000	217,185,000	204,593,000

MAGSEIS FAIRFIELD AS994 547 852

MAGSEIS FAIRFIELD AS

Keywords

Links

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the MAGSEIS FAIRFIELD AS

Group structure

Financials

Summary

P&L

Balance overview

Classification