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WATTS UP ? AS
AS
Active
Org 896380982
Mellomriksvegen 2986, 7525 Flornes
Production of electricity from renewable sources · NACE 3512
Est. 2011
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 144K
-2% vs 2023
EBITDA margin
-52.6%
-269% vs 2023
Equity ratio
-13.9%
Financial strength
Net profit 2024
NOK -977K
-20973% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 144K
-2%
EBITDA
NOK -76K
-269%
Net profit
NOK -977K
-20973%
Total assets
NOK 4,4M
-13%
Equity
NOK -607K
-264%
Employees
0
—
Company information
Legal name
WATTS UP ? AS
Org number
896380982
Legal form
Aksjeselskap
NACE code
3512 · Production of electricity from renewable sources
Founded
1. januar 2011
Share capital
NOK 3 100 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Kraftproduksjon med minikraftverk.
Contact
Address
Mellomriksvegen 2986, 7525 Flornes
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Companies in Production of electricity from renewable sources
Companies in Stjørdal
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
36
139
167
148
144
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−63
50
56
45
−76
Depreciation & amort.
−51
−51
−51
−51
−51
EBIT
−114
−1
5
−6
−127
Net financials
−83
−88
−23
10
−851
Profit before tax
−197
−89
−18
5
−977
Tax
−0
−0
−0
−0
−0
Net profit
−197
−89
−18
5
−977
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
3 715
4 507
4 772
4 994
4 368
Equity
472
383
365
370
−607
Long-term debt
2 050
0
0
0
0
Short-term debt
1 193
4 124
4 407
4 624
4 976
Total debt
3 243
4 124
4 407
4 624
4 976
Financial ratios
5-year trend
EBITDA margin
-52.6%
This company
15.8%
Market median
-433% vs market
2020
2024
Equity ratio
-13.9%
This company
38.2%
Market median
-136% vs market
2020
2024
Return on equity
-97726500.0%
This company
18.4%
Market median
-531122383% vs market
2020
2024
Net profit margin
-677.4%
This company
8.1%
Market median
-8463% vs market
2020
2024
Asset turnover
0.03×
This company
1.12×
Market median
-97% vs market
2020
2024
Debt / equity
8.19×
This company
0.62×
Market median
-1221% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (3)
GD
Gunnar Daniel Fordal
Deputy Member
Deputy Member
2011
KF
Kristoffer Fordal
Chief Executive Officer
Chief Executive Officer
2011
KK
Kristoffer Kringen Fordal
Chief Executive Officer
Chief Executive Officer
2011
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
No shareholder data available.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of WATTS UP ? AS also hold positions in
0
other companies.
Person
Role here
Other companies
Gunnar Daniel Fordal
Deputy Member
0 companies
Kristoffer Fordal
Chief Executive Officer
0 companies
Kristoffer Kringen Fordal
Chief Executive Officer
0 companies