Torbjørn Kaarud • 1954 • Oslo • 29 roles • 21 shareholdings

Roles

Name	Role	Total operating income	Total equity	Shares
J JETOR AS	Managing Director/CEO	4,350,000	776,731	88.32 % indirectly
F FURUTANGEN HYTTEUTVIKLING AS Closed	Managing Director/CEO	24,970,523	172,684	88.32 % indirectly
M MTM-GRUPPEN AS	Managing Director/CEO	16,344,168	-8,140,723	88.32 % indirectly
S SANDERSTØLEN HYTTEUTVIKLING AS Under liquidation	Managing Director/CEO	21,640,761	117,100	88.32 % indirectly
L LYGNA HYTTEUTVIKLING AS Closed	Managing Director/CEO	24,371,531	248,781	88.32 % indirectly
T TORKAR AS	Managing Director/CEO	-	351,469,978	88.32 % directly
R RAULAND HYTTEUTVIKLING AS	Managing Director/CEO	2,340,000	-10,571,821	58.29 % indirectly
M MIKKAR AS	Managing Director/CEO	-	13,810,508	-
E EMIKAR AS	Managing Director/CEO	-	-	-

Name	Role	Total operating income	Total equity	Shares
J JETOR AS	Chairman	4,350,000	776,731	88.32 % indirectly
F FURUTANGEN HYTTEUTVIKLING AS Closed	Chairman	24,970,523	172,684	88.32 % indirectly
M MTM-GRUPPEN AS	Chairman	16,344,168	-8,140,723	88.32 % indirectly
S SANDERSTØLEN HYTTEUTVIKLING AS Under liquidation	Chairman	21,640,761	117,100	88.32 % indirectly
L LYGNA HYTTEUTVIKLING AS Closed	Chairman	24,371,531	248,781	88.32 % indirectly
S SANDERSTØLEN ØYNADN AS	Chairman	20,608	2,269,035	88.32 % indirectly
T TORKAR AS	Chairman	-	351,469,978	88.32 % directly
R RAULAND HYTTEUTVIKLING AS	Chairman	2,340,000	-10,571,821	58.29 % indirectly
T TBL GRUPPEN AS Closed	Chairman	357,602	246,819,466	45.93 % indirectly
G G MANAGEMENT & PRODUCTIONS AS	Chairman	30,208,281	-	35.33 % indirectly
T TJENNSTUÅSEN UTVIKLING AS	Chairman	2,795,000	1,965,375	29.15 % indirectly
S SANDAR BOLIGUTVIKLING AS	Board Member	47,885,400	7,326,428	14.57 % indirectly
M MOTOGRUPPEN AS	Chairman	-	6,242,539	11.32 % indirectly
L LEKS MOTOR AS	Chairman	49,032,072	683,401	11.32 % indirectly
M MIKKAR AS	Chairman	-	13,810,508	-
J JETOR EIENDOM AS Closed	Chairman	286,000	1,509,615	-
S SAMEIET DVERDALSÅSEN 2	Board Member	-	-	-
E ELIKAR AS	Chairman	-	17,712,832	-
S SANDERSTØLEN VANNVERK AS	Board Member	2,650,697	5,041,805	-
E EMIKAR AS	Chairman	-	-	-

Last update: Mar 20, 2026

Name	Share class	Total operating income	Total equity	Share
E EQUINOR ASA	Ordinære aksjer	67,956,000,000	39,182,000,000	< 0.01 % directly
T TORKAR AS	B-aksjer A-aksjer	0 0	351,469,978 351,469,978	84.43 % directly 88.32 % 3.89 % directly 88.32 %
J JETOR AS		4,350,000	776,731	88.32 % indirectly
F FURUTANGEN HYTTEUTVIKLING AS Closed		24,970,523	172,684	88.32 % indirectly
M MTM-GRUPPEN AS		16,344,168	-8,140,723	88.32 % indirectly
S SANDERSTØLEN HYTTEUTVIKLING AS Under liquidation		21,640,761	117,100	88.32 % indirectly
L LYGNA HYTTEUTVIKLING AS Closed		24,371,531	248,781	88.32 % indirectly
S SANDERSTØLEN ØYNADN AS		20,608	2,269,035	88.32 % indirectly
R RAULAND HYTTEUTVIKLING AS		2,340,000	-10,571,821	58.29 % indirectly
T TBL GRUPPEN AS Closed		357,602	246,819,466	45.93 % indirectly
G G MANAGEMENT & PRODUCTIONS AS		30,208,281	0	35.33 % indirectly
T TJENNSTUÅSEN UTVIKLING AS		2,795,000	1,965,375	29.15 % indirectly
S SANDAR BOLIGUTVIKLING AS		47,885,400	7,326,428	14.57 % indirectly
M MOTOGRUPPEN AS		0	6,242,539	11.32 % indirectly
L LEKS MOTOR AS		49,032,072	683,401	11.32 % indirectly
F FXC AS		100,000	2,136,580	4.25 % indirectly
F FUTUREXCHANGE AS		8,786,001	5,455,521	4.25 % indirectly
F FXC TECH AS		110,000	87,541	4.25 % indirectly
T TELENOR ASA	Ordinære aksjer	77,292,000,000	75,629,000,000	< 0.01 % directly
D DNB BANK ASA	Ordinære aksjer	-	-	< 0.01 % directly

Limited to direct ownership positions of 0.5% or more.

Last update: Oct 30, 2026