TELENOR TOWERS AS

Operating

Eie, leie og forvalte fast eiendom og tele- og mediainfrastruktur, og alt som står i forbindelse dermed, herunder tegning av aksjer og andeler i andre selskaper av lignende art.

Organization

CEO: TØ
Torbjørn Ødegård Teigen1958
Chairman of the board: JH
Jannicke Hilland1967
Years since formation: 5 years; since Apr 29, 2021
Type: Limited company
VAT registered: Yes
Number of employees: 7

Ownership

Number of shares and share classes: 1,000; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2025: 19,770,000; NOK
Annual total result 2025: 681,162,000; NOK
Total equity 2025: 19,619,294,000; NOK

Last update: Jul 9, 2026

Management

Management / administration

Name	Role	Shares
TØ Torbjørn Ødegård Teigen 1958	Managing Director/CEO	-

Board

Name	Role	Shares
JH Jannicke Hilland 1967	Chairman	-
TT Tormod Tørstad 1964	Board Member	-
ST Sten Tore Fagerhaug 1966	Board Member	-
MJ Marie Johanna Salbuvik Iden 1987	Board Member	-
RJ Russell John Campey 1973	Board Member	-
GD Gunnar Dromnes 1960	Alternate Member	-
SV Stein Vidar Hansen 1964	Alternate Member	-
TA Torben Andreas Lyngedal Nilsen 1991	Alternate Member	-
BH Bente Helen Husa 1965	Alternate Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-

Last update: Aug 4, 2025

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
T TELENOR NETWORKS HOLDING AS	Ordinary shares	1,000	100 %

Shares owned by the TELENOR TOWERS AS

Name	Share class	Total number of shares	Share
T TELENOR TOWERS NORWAY AS	Ordinary shares	306,018	100 %

Last update: Jun 2, 2025

Group structure

NÆRINGS- OG FISKERIDEPARTEMENTET
Total operating income -: NOK
Operating profit -: NOK
Employees: 397

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	19,770,000	34,375,000	16,281,000	12,180,000	5,736,000
Annual Total Result	681,162,000	-2,314,000	397,239,000	497,018,000	-1,155,000
Total assets	19,909,843,000	15,776,656,000	16,163,834,000	15,943,004,000	15,731,924,000
Total liabilities	290,549,000	22,465,000	409,807,000	188,372,000	5,090,000
Total equity	19,619,294,000	15,754,190,000	15,754,027,000	15,754,632,000	15,726,834,000

P&L

Year	2025	2024	2023	2022	2021
Total operating income	19,770,000	34,375,000	16,281,000	12,180,000	5,736,000
Total operating costs	29,617,000	40,301,000	24,134,000	18,761,000	7,220,000
Operating result	-9,846,000	-5,926,000	-7,853,000	-6,581,000	-1,484,000
Financial income/costs	688,342,000	2,965,000	404,317,000	502,761,000	3,000
Profit before tax	678,495,000	-2,961,000	396,464,000	496,179,000	-1,480,000
Total tax & extraordinary income/cost	-2,667,000	-647,000	-775,000	-839,000	-325,000
Annual Total Result	681,162,000	-2,314,000	397,239,000	497,018,000	-1,155,000

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	19,601,096,000	15,741,130,000	15,727,862,000	15,728,508,000	15,728,051,000
Total current assets	308,747,000	35,525,000	435,972,000	214,495,000	3,872,000
Total assets	19,909,843,000	15,776,656,000	16,163,834,000	15,943,004,000	15,731,924,000
Short term debt	274,975,000	19,993,000	408,408,000	186,917,000	3,813,000
Long term debt	15,574,000	2,472,000	1,399,000	1,455,000	1,277,000
Total liabilities	290,549,000	22,465,000	409,807,000	188,372,000	5,090,000
Contributed capital	19,171,798,000	15,727,099,000	15,727,099,000	15,727,099,000	15,725,100,000
Retained earnings	447,496,000	27,091,000	26,928,000	27,532,000	1,734,000
Total equity	19,619,294,000	15,754,190,000	15,754,027,000	15,754,632,000	15,726,834,000
Total equity and liabilities	19,909,843,000	15,776,656,000	16,163,834,000	15,943,004,000	15,731,924,000

Classification

21st company classification

BETA

Industrial daughter company

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

1120

Public incorporated enterprises, owned by central government

TELENOR TOWERS AS927 043 459