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WELLTEC OILFIELD SERVICES (NORWAY) AS
AS
Active
Org 914426235
Lønningsflaten 1, 5258
Blomsterdalen
Support activities for petroleum and natural gas extraction
· NACE 0910
Est. 2014
109 employees
www.welltec.com
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Norway
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Companies
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Support activities for petroleum and natural gas extraction
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WELLTEC OILFIELD SERVICES (NORWAY) AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
0M
237M
474M
712M
949M
453M
2020
580M
2021
792M
2022
825M
2023
686M
2024
EBITDA
NOK millions
0M
15M
30M
45M
60M
17M
2020
38M
2021
52M
2022
49M
2023
32M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
453 451
580 401
792 212
825 479
686 297
Staff expenses
−130 547
−157 084
−171 040
−182 746
−167 203
EBITDA
17 279
38 055
52 201
49 166
32 022
Depreciation & amort.
−1 575
−1 775
−2 114
−2 825
−2 338
EBIT
15 703
36 279
50 087
46 341
29 684
Net financials
7 099
−2 058
1 882
−682
−1 201
Profit before tax
22 802
34 221
51 969
45 659
28 483
Tax
5 131
7 747
11 617
10 189
6 498
Net profit
17 671
26 475
40 352
35 470
21 984
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
93 594
232 530
238 707
195 971
174 611
Equity
6 264
6 739
7 090
7 560
7 544
Long-term debt
0
0
0
0
0
Short-term debt
87 330
225 792
231 617
188 411
167 067
Total debt
87 330
225 792
231 617
188 411
167 067
Financial ratios
5-year trend
EBITDA margin
4.7%
This company
15.8%
Market median
-70% vs market
2020
2024
Equity ratio
4.3%
This company
38.2%
Market median
-89% vs market
2020
2024
Return on equity
291.4%
This company
18.4%
Market median
+1484% vs market
2020
2024
Net profit margin
3.2%
This company
8.1%
Market median
-60% vs market
2020
2024
Asset turnover
3.93×
This company
1.12×
Market median
+251% vs market
2020
2024
Debt / equity
22.14×
This company
0.62×
Market median
-3471% 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
More on WELLTEC OILFIELD SERVICES (NORWAY) AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
