Riskpilot← Back to searchSign inGet full accessWELLCONNECTION GROUP AS
ASActiveOrg 915433030Finnestadjordet 10, 4029 StavangerRepair and maintenance of fabricated metal products · NACE 3311Est. 20155 employees
Revenue 2024
NOK 4,6M
-56% vs 2023
EBITDA margin
1927.6%
+195% vs 2023
Equity ratio
-21.6%
Financial strength
Net profit 2024
NOK -126,5M
-181% vs 2023
| Revenue | NOK 4,6M | -56% |
| EBITDA | NOK 89,1M | +195% |
| Net profit | NOK -126,5M | -181% |
| Total assets | NOK 122,1M | -61% |
| Equity | NOK -26,4M | -126% |
| Employees | 5 | — |
Legal name
WELLCONNECTION GROUP AS
Org number
915433030
Legal form
Aksjeselskap
NACE code
3311 · Repair and maintenance of fabricated metal products
Founded
26. mai 2015
Share capital
NOK 158 152 958
Employees
5 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap. Styrets leder alene.
Company purpose
Investering i andre selskaper og tilhørende virksomhet.
Address
Finnestadjordet 10, 4029 Stavanger
Email
post@wellconnection.no
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| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 4 500 | 6 332 | 7 383 | 14 533 | 9 969 | 10 430 | 11 101 | 10 611 | 4 622 |
| Staff expenses | −1 291 | −5 811 | −6 663 | −7 619 | −8 707 | −7 856 | −8 391 | −0 | −0 | −0 |
| EBITDA | −2 409 | −5 647 | −4 723 | −7 442 | −6 315 | −7 539 | −3 383 | 109 193 | 30 247 | 89 096 |
| Depreciation & amort. | −0 | −0 | −2 | −12 | −30 | −125 | −203 | −113 242 | −36 763 | −101 152 |
| EBIT | −2 409 | −5 647 | −4 725 | −7 454 | −6 345 | −7 663 | −3 586 | −4 049 | −6 516 | −12 055 |
| Net financials | 1 999 | −3 763 | −5 912 | −4 064 | −3 962 | −3 805 | −26 228 | −121 311 | −38 556 | −105 929 |
| Profit before tax | −410 | −9 410 | −10 637 | −11 518 | −10 306 | −11 468 | −29 814 | −125 360 | −45 071 | −117 985 |
| Tax | −118 | −2 247 | −2 357 | −2 274 | −2 251 | 703 | −0 | −0 | −0 | −0 |
| Net profit | −292 | −7 163 | −8 280 | −9 244 | −8 055 | −12 171 | −29 814 | −125 360 | −45 071 | −126 530 |
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 220 781 | 264 544 | 270 065 | 278 390 | 378 031 | 472 865 | 455 535 | 376 929 | 313 724 | 122 089 |
| Equity | 128 428 | 134 220 | 137 731 | 128 487 | 154 992 | 269 646 | 239 832 | 144 472 | 100 175 | −26 355 |
| Long-term debt | 58 000 | 93 257 | 84 248 | 72 962 | 105 105 | 128 129 | 100 407 | 84 874 | 51 666 | 20 688 |
| Short-term debt | 34 353 | 37 068 | 48 086 | 76 941 | 117 934 | 75 090 | 115 296 | 147 584 | 161 882 | 127 756 |
| Total debt | 92 353 | 130 325 | 132 333 | 149 903 | 223 039 | 203 219 | 215 703 | 232 457 | 213 548 | 148 444 |
EBITDA margin
1927.6%
This company
15.8%
Market median
+12100% vs market
20152024
Equity ratio
-21.6%
This company
38.2%
Market median
-157% vs market
20152024
Return on equity
-12652996100.0%
This company
18.4%
Market median
-68766283252% vs market
20152024
Net profit margin
-2737.4%
This company
8.1%
Market median
-33895% vs market
20152024
Asset turnover
0.04×
This company
1.12×
Market median
-96% vs market
20152024
Debt / equity
5.63×
This company
0.62×
Market median
-808% vs market
20152024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-05-07 – 2015-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
RH Chief Executive Officer | Chief Executive Officer | 2020 | — | — |
HH Chief Executive Officer | Chief Executive Officer | 2025 | — | — |
LC Chief Executive Officer | Chief Executive Officer | 2026 | — | — |
BA Chief Executive Officer | Chief Executive Officer | 2021 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2024 | — | — | |
| Chairman | 2021 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2021 | — | — | |
| Chairman | 2024 | — | — | |
| Board of Directors | 2024 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2021 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Storemyra Holding As | Company | 71.4% | 71.4% | 2024 |
Ramsland Holding As | Company | 19.3% | 19.3% | 2024 |
| Individual | 15.3% | 15.3% | 2022 | |
Myrland Holding As | Company | 5.0% | 5.0% | 2024 |
Wellconnection Group As | Company | 4.1% | 4.1% | 2022 |
James William Geddie | Company | 1.4% | 1.4% | 2024 |
Sg Holding As | Company | 1.2% | 1.2% | 2024 |
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Wellconnection Evpe Group Holding As
WELLCONNECTION GROUP AS Board members of WELLCONNECTION GROUP AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Rune Haddeland | Chief Executive Officer | 0 companies |
| Halvor Hanevik | Chief Executive Officer | 0 companies |
| Lars Christian Mellerud | Chief Executive Officer | 0 companies |
| Bjørn Angeltveit | Chief Executive Officer | 0 companies |
| James William Geddie | Board of Directors | 0 companies |
| Jens Jørgen Arnesen | Board of Directors | 0 companies |
| Øyvind Mikaelsen | Board of Directors | 0 companies |
| Dag Oddvar Ramsland | Board of Directors | 0 companies |
| Espen Strøm | Chairman | 0 companies |
| Per Kristian Nagell | Board of Directors | 0 companies |
| Åge Nordstrøm Landro | Board of Directors | 0 companies |
| Rune Jensen | Chairman | 0 companies |
| Stian Vemmestad | Board of Directors | 0 companies |
| Jon Arne Ramsland | Board of Directors | 0 companies |
| Per Arne Jensen | Board of Directors | 0 companies |