TIMATUTHE HOLDING AS
Organization
- CEO
- ES
Eric Sandmæl1953
- Chairman of the board
- ES
Eric Sandmæl1953
- Years since formation
- 20 years
- since Sep 5, 2005
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 200,000
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Annual total result 2024
- 624,845
- NOK
- Total equity 2024
- 9,442,512
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
ES 1953 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
ES 1953 | Chairman | 100 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
ES 1953 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Dec 31, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
ES 1953 | Ordinary shares | 200,000 | 100 % |
Shares owned by the TIMATUTHE HOLDING AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 500,000 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 122,327 | 236,381 | 958,107 |
Annual Total Result | 624,845 | -263,798 | -551,201 | 1,074,667 |
Total assets | 12,578,692 | 11,557,973 | 11,544,554 | 12,964,085 |
Total liabilities | 3,136,180 | 2,740,306 | 2,463,089 | 3,331,420 |
Total equity | 9,442,512 | 8,817,667 | 9,081,465 | 9,632,665 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 122,327 | 236,381 | 958,107 |
Total operating costs | 186,045 | 320,106 | 257,629 | 52,079 |
Operating result | -186,045 | -197,779 | -21,248 | 906,028 |
Financial income/costs | 810,890 | -66,019 | -529,952 | 248,260 |
Profit before tax | 624,845 | -263,798 | -551,201 | 1,154,288 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 79,621 |
Annual Total Result | 624,845 | -263,798 | -551,201 | 1,074,667 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 12,576,478 | 11,498,804 | 11,482,716 | 12,880,067 |
Total current assets | 2,214 | 59,169 | 61,838 | 84,018 |
Total assets | 12,578,692 | 11,557,973 | 11,544,554 | 12,964,085 |
Short term debt | 483,363 | 354,174 | 157,127 | 166,209 |
Long term debt | 2,652,817 | 2,386,132 | 2,305,962 | 3,165,211 |
Total liabilities | 3,136,180 | 2,740,306 | 2,463,089 | 3,331,420 |
Contributed capital | 2,322,455 | 2,322,455 | 2,322,455 | 2,322,455 |
Retained earnings | 7,120,057 | 6,495,212 | 6,759,010 | 7,310,210 |
Total equity | 9,442,512 | 8,817,667 | 9,081,465 | 9,632,665 |
Total equity and liabilities | 12,578,692 | 11,557,973 | 11,544,554 | 12,964,085 |
Classification
Type of organization
Limited company