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
- PM
- Chairman of the board
- SB
- Years since formation
- 16 years
- since Oct 13, 2009
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 16
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 2024
- 38,571,000
- NOK
- Annual total result 2024
- 12,506,000
- NOK
- Total equity 2024
- 137,637,000
- NOK
Last update: Aug 12, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
PM | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
| Board Member | - | |
SB | Chairman | - |
AS 1977 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Last update: Apr 4, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| NO0010663669 | 271,706,925 | 100 % |
Shares owned by the MAGSEIS FAIRFIELD AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 300 | 100 % | |
| Ordinary shares | 1,000 | 100 % | |
| Ordinary shares | 100,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 192,586,000Operating profit 2024: NOK 55,082,000Employees: 45
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 38,571,000 | 36,595,000 | 23,063,000 | 26,916,000 |
Annual Total Result | 12,506,000 | -5,827,000 | -17,154,000 | -47,444,000 |
Total assets | 272,614,000 | 244,014,000 | 217,185,000 | 204,593,000 |
Total liabilities | 134,977,000 | 118,883,000 | 84,748,000 | 55,958,000 |
Total equity | 137,637,000 | 125,131,000 | 132,437,000 | 148,635,000 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 38,571,000 | 36,595,000 | 23,063,000 | 26,916,000 |
Total operating costs | 48,251,000 | 48,022,000 | 41,559,000 | 42,561,000 |
Operating result | -9,680,000 | -11,427,000 | -18,496,000 | -15,645,000 |
Financial income/costs | 12,597,000 | 5,600,000 | 1,342,000 | -31,949,000 |
Profit before tax | 2,917,000 | -5,827,000 | -17,154,000 | -47,594,000 |
Total tax & extraordinary income/cost | -9,589,000 | 0 | 0 | -150,000 |
Annual Total Result | 12,506,000 | -5,827,000 | -17,154,000 | -47,444,000 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 178,939,000 | 194,282,000 | 188,226,000 | 179,963,000 |
Total current assets | 93,675,000 | 49,732,000 | 28,959,000 | 24,630,000 |
Total assets | 272,614,000 | 244,014,000 | 217,185,000 | 204,593,000 |
Short term debt | 58,978,000 | 24,894,000 | 52,400,000 | 26,211,000 |
Long term debt | 75,999,000 | 93,989,000 | 32,348,000 | 29,747,000 |
Total liabilities | 134,977,000 | 118,883,000 | 84,748,000 | 55,958,000 |
Contributed capital | 137,637,000 | 125,131,000 | 128,587,000 | 152,605,000 |
Retained earnings | 0 | 0 | 3,850,000 | -3,970,000 |
Total equity | 137,637,000 | 125,131,000 | 132,437,000 | 148,635,000 |
Total equity and liabilities | 272,614,000 | 244,014,000 | 217,185,000 | 204,593,000 |
Classification
Category
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
M
Main industrial area
Professional, scientific and technical activities
71
Activity
Architectural and engineering activities; technical testing and analysis
71.1
Main industrial group
Architectural and engineering activities and related technical consultancy
71.12
Industrial group
Engineering activities and related technical consultancy
71.122
Industrial group
Geological surveying