It is true that you need 5 lines for something that could be said in one (Yorik, FreeCAD, date), but that’s how IFC works… Any 2D profile is also made of 10, 15 lines when it could in theory be only one (a list of points, basically), it’s hard to imagine that could be changed easily. The format is made for modularity (you can easily reuse any of the “pieces” anywhere else) rather than compactness
The idea of being able to synthesize is attractive, though… (something like: IFCOWNERHISTORYCOMPACT('Yorik','FreeCAD',1560119567) maybe?
What about
IFCCLOSED2DPROFILECOMPACT((0,0),(100,0),(100,100),(0,100))
One can dream 