TOR OVE OLSEN AS
Organization
- CEO
- TO
Tor Ove Olsen1970
- Chairman of the board
- TO
Tor Ove Olsen1970
- Years since formation
- 14 years
- since Jun 10, 2011
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- person
- Belongs to group of
Financials
- Total operating income 2024
- 346,004
- NOK
- Annual total result 2024
- 108,477
- NOK
- Total equity 2024
- 4,232,548
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TO 1970 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
TO 1970 | Chairman | 100 % directly |
| Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TO 1970 | Managing Director/CEO, Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
TO 1970 | Ordinary shares | 100 | 100 % |
Shares owned by the TOR OVE OLSEN AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 20 | 66.67 % | |
| Ordinary shares | 10 | 33.33 % | |
| Ordinary shares | 750 | 2.25 % | |
| Ordinary shares | 30 | 1.2 % | |
| Ordinary shares | 5 | 0.26 % | |
| NO0010931900 | 50,543 | < 0.01 % | |
| NO0011202772 | 2,000 | < 0.01 % | |
| NO0010208051 | 900 | < 0.01 % | |
| NO0010405640 | 2,000 | < 0.01 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 346,004Operating profit 2024: NOK -242,709Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 346,004 | 566,085 | 2,227,099 | 106,679 |
Annual Total Result | 108,477 | 233,215 | 296,635 | -333,382 |
Total assets | 5,325,173 | 5,106,328 | 4,899,488 | 2,488,428 |
Total liabilities | 1,092,625 | 982,256 | 1,008,632 | 201,518 |
Total equity | 4,232,548 | 4,124,072 | 3,890,856 | 2,286,910 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 346,004 | 566,085 | 2,227,099 | 106,679 |
Total operating costs | 588,714 | 411,560 | 1,974,522 | 231,877 |
Operating result | -242,709 | 154,525 | 252,576 | -125,198 |
Financial income/costs | 319,860 | 118,289 | 99,523 | -235,671 |
Profit before tax | 77,151 | 272,815 | 352,100 | -360,868 |
Total tax & extraordinary income/cost | -31,326 | 39,600 | 55,465 | -27,486 |
Annual Total Result | 108,477 | 233,215 | 296,635 | -333,382 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 3,708,097 | 2,317,252 | 1,994,893 | 1,823,732 |
Total current assets | 1,617,077 | 2,789,076 | 2,904,595 | 664,696 |
Total assets | 5,325,173 | 5,106,328 | 4,899,488 | 2,488,428 |
Short term debt | 1,033,816 | 892,122 | 917,467 | 67,373 |
Long term debt | 58,808 | 90,134 | 91,165 | 134,145 |
Total liabilities | 1,092,625 | 982,256 | 1,008,632 | 201,518 |
Contributed capital | 550,000 | 550,000 | 550,000 | 100,000 |
Retained earnings | 3,682,548 | 3,574,072 | 3,340,856 | 2,186,910 |
Total equity | 4,232,548 | 4,124,072 | 3,890,856 | 2,286,910 |
Total equity and liabilities | 5,325,173 | 5,106,328 | 4,899,488 | 2,488,428 |
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