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WELLCONNECTION GROUP AS
AS
Active
Org 915433030
Finnestadjordet 10, 4029
Stavanger
Repair and maintenance of fabricated metal products
·
NACE 3311
Est. 2015 · 11 years old
5 employees
Monitor
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Norway
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Companies
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Repair and maintenance of fabricated metal products
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WELLCONNECTION GROUP AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
0M
3M
6M
9M
13M
10M
2020
10M
2021
11M
2022
11M
2023
5M
2024
EBITDA
NOK millions
136M
100M
63M
27M
-10M
-8M
2020
-3M
+63%
2021
109M
+3733%
2022
30M
-72%
2023
89M
+197%
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
9 969
10 430
11 101
10 611
4 622
Staff expenses
−7 856
−8 391
−0
−0
−0
EBITDA
−7 539
−3 383
109 193
30 247
89 096
Depreciation & amort.
−125
−203
−113 242
−36 763
−101 152
EBIT
−7 663
−3 586
−4 049
−6 516
−12 055
Net financials
−3 805
−26 228
−121 311
−38 556
−105 929
Profit before tax
−11 468
−29 814
−125 360
−45 071
−117 985
Tax
703
−0
−0
−0
−0
Net profit
−12 171
−29 814
−125 360
−45 071
−126 530
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
472 865
455 535
376 929
313 724
122 089
Equity
269 646
239 832
144 472
100 175
−26 355
Long-term debt
128 129
100 407
84 874
51 666
20 688
Short-term debt
75 090
115 296
147 584
161 882
127 756
Total debt
203 219
215 703
232 457
213 548
148 444
Financial ratios
5-year trend
EBITDA margin
1927.6%
This company
15.8%
Market median
+12100% vs market
2020
2024
Equity ratio
-21.6%
This company
38.2%
Market median
-157% vs market
2020
2024
Return on equity
-12652996100.0%
This company
18.4%
Market median
-68766283252% vs market
2020
2024
Net profit margin
-2737.4%
This company
8.1%
Market median
-33895% vs market
2020
2024
Asset turnover
0.04×
This company
1.12×
Market median
-96% vs market
2020
2024
Debt / equity
5.63×
This company
0.62×
Market median
-808% 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 WELLCONNECTION GROUP AS
Overview →
Headline figures, risk assessment and company summary
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Management, board and shareholder breakdown
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Corporate hierarchy, parent and subsidiary network
