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T-WELL AS
AS
Active
Org 918072608
Gangflåtveien 3, 4018 Stavanger
Research and experimental development on natural sciences and engineering · NACE 7210
Est. 2016
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 1,9M
+6% vs 2023
EBITDA margin
1.8%
-84% vs 2023
Equity ratio
34.2%
Financial strength
Net profit 2024
NOK 4K
-98% 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 1,9M
+6%
EBITDA
NOK 35K
-84%
Net profit
NOK 4K
-98%
Total assets
NOK 1,1M
+0%
Equity
NOK 393K
+1%
Employees
0
—
Company information
Legal name
T-WELL AS
Org number
918072608
Legal form
Aksjeselskap
NACE code
7210 · Research and experimental development on natural sciences and engineering
Founded
18. november 2016
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Utvikling av brønnutstyr.
Contact
Address
Gangflåtveien 3, 4018 Stavanger
Risika for professionals
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Explore
Companies in Research and experimental development on natural sciences and engineering
Companies in Stavanger
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
0M
2020
1M
2021
2M
2022
2M
2023
2M
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
198
1 293
1 698
1 829
1 948
Staff expenses
−0
−1 124
−1 468
−1 486
−1 774
EBITDA
164
−488
132
229
35
Depreciation & amort.
−0
−0
−25
−30
−35
EBIT
164
−488
108
198
1
Net financials
0
−1
−1
1
1
Profit before tax
164
−488
106
199
1
Tax
29
−0
22
24
−2
Net profit
136
−488
85
175
4
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
183
493
1 213
1 147
1 148
Equity
132
−356
215
390
393
Long-term debt
0
0
0
2
0
Short-term debt
51
849
998
755
755
Total debt
51
849
998
757
755
Financial ratios
5-year trend
EBITDA margin
1.8%
This company
15.8%
Market median
-89% vs market
2020
2024
Equity ratio
34.2%
This company
38.2%
Market median
+10% vs market
2020
2024
Return on equity
0.9%
This company
18.4%
Market median
-95% vs market
2020
2024
Net profit margin
0.2%
This company
8.1%
Market median
-98% vs market
2020
2024
Asset turnover
1.70×
This company
1.12×
Market median
+52% vs market
2020
2024
Debt / equity
1.92×
This company
0.62×
Market median
-210% 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 (1)
RM
Robert Matthew Greene
Chief Executive Officer
Chief Executive Officer
2020
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
KF
Kenneth Fuglestad
Board of Directors
2020
WB
William Brown-Kerr
Chairman
2020
PG
Petter Guttormsen
Board of Directors
2020
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Advantage As
Company
64%
64%
2022
Eia Invest As
Company
16%
16%
2022
Unknown
Individual
10%
10%
2022
Epsilon13 As
Company
10%
10%
2022
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
Eia Invest As
T-WELL AS
(this company)
Board network connections
Board members of T-WELL AS also hold positions in
0
other companies.
Person
Role here
Other companies
Robert Matthew Greene
Chief Executive Officer
0 companies
Kenneth Fuglestad
Board of Directors
0 companies
William Brown-Kerr
Chairman
0 companies
Petter Guttormsen
Board of Directors
0 companies