ARES EIENDOM AS
Organization
- CEO
- TT
Tim Tangen1964
- Chairman of the board
- RM
Roar Millehaugen1965
- Years since formation
- 27 years
- since Mar 9, 1998
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 700
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 5,594,917
- NOK
- Annual total result 2024
- 147,456
- NOK
- Total equity 2024
- 1,986,761
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TT 1964 | Managing Director/CEO | 100 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
RM 1965 | Chairman | - |
TT 1964 | Alternate Member | 100 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TT 1964 | Managing Director/CEO, Alternate Member | 100 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 700 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -18,825Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 5,594,917 | 5,055,308 | 4,512,464 | 6,487,297 |
Annual Total Result | 147,456 | 474,800 | 251,610 | 1,363,545 |
Total assets | 22,575,358 | 22,352,309 | 21,811,117 | 24,013,877 |
Total liabilities | 20,588,597 | 20,329,349 | 20,072,935 | 21,740,299 |
Total equity | 1,986,761 | 2,022,960 | 1,738,183 | 2,273,578 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 5,594,917 | 5,055,308 | 4,512,464 | 6,487,297 |
Total operating costs | 3,443,260 | 3,324,437 | 3,465,550 | 4,182,181 |
Operating result | 2,151,657 | 1,730,871 | 1,046,914 | 2,305,116 |
Financial income/costs | -1,253,223 | -1,110,069 | -713,888 | -552,090 |
Profit before tax | 898,435 | 620,802 | 333,026 | 1,753,026 |
Total tax & extraordinary income/cost | 750,979 | 146,002 | 81,416 | 389,481 |
Annual Total Result | 147,456 | 474,800 | 251,610 | 1,363,545 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 20,914,974 | 20,205,181 | 20,996,472 | 22,258,737 |
Total current assets | 1,660,384 | 2,147,128 | 814,646 | 1,755,140 |
Total assets | 22,575,358 | 22,352,309 | 21,811,117 | 24,013,877 |
Short term debt | 1,819,245 | 2,119,605 | 1,916,828 | 3,057,553 |
Long term debt | 18,769,352 | 18,209,744 | 18,156,107 | 18,682,746 |
Total liabilities | 20,588,597 | 20,329,349 | 20,072,935 | 21,740,299 |
Contributed capital | 1,312,928 | 1,312,928 | 1,312,928 | 1,312,928 |
Retained earnings | 673,833 | 710,031 | 425,254 | 960,650 |
Total equity | 1,986,761 | 2,022,960 | 1,738,183 | 2,273,578 |
Total equity and liabilities | 22,575,358 | 22,352,309 | 21,811,117 | 24,013,877 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises