Organization
- CEO
- TM
Terje Midttun1972
- Chairman of the board
- TM
Terje Midttun1972
- Years since formation
- 22 years
- since Feb 7, 2002
- 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
- 2
- persons
Financials
- Total operating income 2023
- 7,589,025
- NOK
- Annual total result 2023
- 748,011
- NOK
- Total equity 2023
- 1,134,283
- NOK
Last update: Sep 3, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TM 1972 | Managing Director/CEO | 50 % directly |
Board
| Name | Role | Shares |
|---|---|---|
TM 1972 | Chairman | 50 % directly |
RM 1977 | Alternate Member | 50 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
RM 1977 | Alternate Member | 50 % directly |
TM 1972 | Managing Director/CEO, Chairman | 50 % directly |
Last update: Feb 16, 2024
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
RM 1977 | Ordinary shares | 50 | 50 % |
TM 1972 | Ordinary shares | 50 | 50 % |
Shares owned by the TH MIDTTUN AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 507 | 10.14 % |
Last update: May 24, 2024
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 7,589,025 | 7,214,350 | 7,446,325 |
Annual Total Result | 748,011 | -718,930 | -11,265 |
Total assets | 3,091,630 | 2,202,655 | 2,778,737 |
Total liabilities | 1,957,348 | 1,816,383 | 1,673,535 |
Total equity | 1,134,283 | 386,272 | 1,105,202 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 7,589,025 | 7,214,350 | 7,446,325 |
Total operating costs | 6,623,546 | 7,514,592 | 7,415,026 |
Operating result | 965,479 | -300,242 | 31,299 |
Financial income/costs | -80,579 | -418,688 | -28,078 |
Profit before tax | 884,901 | -718,930 | 3,221 |
Total tax & extraordinary income/cost | 136,890 | 0 | 14,486 |
Annual Total Result | 748,011 | -718,930 | -11,265 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 1,271,977 | 1,204,987 | 1,644,997 |
Total current assets | 1,819,653 | 997,668 | 1,133,741 |
Total assets | 3,091,630 | 2,202,655 | 2,778,737 |
Short term debt | 1,350,848 | 1,022,577 | 1,060,535 |
Long term debt | 606,499 | 793,806 | 613,000 |
Total liabilities | 1,957,348 | 1,816,383 | 1,673,535 |
Contributed capital | 100,000 | 100,000 | 100,000 |
Retained earnings | 1,034,283 | 286,272 | 1,005,202 |
Total equity | 1,134,283 | 386,272 | 1,105,202 |
Total equity and liabilities | 3,091,630 | 2,202,655 | 2,778,737 |
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
G
Main industrial area
Wholesale and retail trade; repair of motor vehicles and motorcycles
47
Activity
Retail trade, except of motor vehicles and motorcycles
47.1
Main industrial group
Retail sale in non-specialised stores
47.11
Industrial group
Retail sale in non-specialised stores with food, beverages or tobacco predominating
47.111
Industrial group
Retail sale in non-specialised stores with food, beverages or tobacco predominating