BIZTRAC BETA
Development of building projects

TIMBERBAY AS

Org. no. 918135707 Limited company (AS) Stord Incorporated 2016 Active
Ownership graph ↗
Revenue 2025 NOK 4.1m
Operating profit NOK 3.9m
Equity NOK −2.7m
Incorporated 2016
Share capital NOK 30,000

Signals

1 flags
  • Negativ egenkapital 2025 Bokført egenkapital er negativ (−2,7 mill kr).

TIMBERBAY AS is registered as a limited company in Stord, Vestland with organisation number 918135707. The business is classified under development of building projects (NACE 68.120). The company was incorporated in 2016. Registered share capital is NOK 30,000, divided into 1000 shares. The company's stated purpose is: “Investering i andre selskaper, samt kjøp og salg av aksjer, eiendom og produkter som naturlig hører sammen med dette.”. The most recent filed accounts, for the 2025 financial year, show NOK 4.1m in revenue and NOK 3.9m in operating profit.

Key figures · 2025

Revenue
NOK 4.1m
Operating profit
NOK 3.9m
Equity
NOK −2.7m
Est. value
NOK 30.2m

Financial health · 2025

Liquidity
8.99
Very good
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
-11.0%
Weak
Equity as a share of total capital

Solidity capped at Weak because equity is below NOK 100,000.

Who owns TIMBERBAY AS?

UNITECH OFFSHORE AS
TIMBERBAY AS
NOK 4.1m rev. · NOK 3.9m profit

TIMBERBAY AS has 2 registered shareholders:

All shareholders and roles →

Frequently asked questions about TIMBERBAY AS

Who owns TIMBERBAY AS?

UNITECH OFFSHORE AS is the largest registered owner, with 50.0%.

What is the revenue of TIMBERBAY AS?

TIMBERBAY AS had revenue of NOK 4.1m in 2025.

Who is the general manager of TIMBERBAY AS?

Knut Olav Skaar is registered as general manager of TIMBERBAY AS.

Where is TIMBERBAY AS based?

TIMBERBAY AS has its business address in Stord.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 15.06.2026.

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