Riskpilot← Back to searchSign inGet full accessWELMAX PIPE WELDING AS
ASActiveOrg 921399650Hegdalbakken 5, 3261 LarvikMachining of metals · NACE 2553Est. 201810 employees
Revenue 2024
NOK 42,4M
+154% vs 2023
EBITDA margin
5.4%
-2% vs 2023
Equity ratio
17.1%
Financial strength
Net profit 2024
NOK 1,6M
-8% vs 2023
| Revenue | NOK 42,4M | +154% |
| EBITDA | NOK 2,3M | -2% |
| Net profit | NOK 1,6M | -8% |
| Total assets | NOK 21,4M | +13% |
| Equity | NOK 3,7M | +80% |
| Employees | 10 | — |
Legal name
WELMAX PIPE WELDING AS
Org number
921399650
Legal form
Aksjeselskap
NACE code
2553 · Machining of metals
Founded
17. september 2018
Share capital
NOK 30 000
Employees
10 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Mekanisk arbeid, rørsveising og import/eksport av varer og tjenester, samt det som naturlig står i forbindelse med dette.
Address
Hegdalbakken 5, 3261 Larvik
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 4 055 | 1 017 | 16 702 | 42 414 |
| Staff expenses | −0 | −0 | −0 | −1 711 | 127 | −4 763 | −11 157 |
| EBITDA | −18 | −43 | −30 | 4 | 359 | 2 338 | 2 296 |
| Depreciation & amort. | −0 | −0 | −0 | −0 | −4 | −48 | −160 |
| EBIT | −18 | −43 | −30 | 3 | 355 | 2 290 | 2 136 |
| Net financials | 0 | −1 | −6 | −15 | −0 | −9 | −43 |
| Profit before tax | −18 | −44 | −36 | −12 | 355 | 2 281 | 2 093 |
| Tax | −0 | −0 | −0 | −0 | 85 | 502 | 463 |
| Net profit | −18 | −44 | −36 | −12 | 270 | 1 779 | 1 631 |
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Total assets | 3 | 4 | 4 | 1 063 | 6 965 | 19 000 | 21 405 |
| Equity | 3 | −40 | −76 | −88 | 247 | 2 026 | 3 657 |
| Long-term debt | 0 | 21 | 49 | 44 | 6 511 | 10 363 | 9 289 |
| Short-term debt | 0 | 24 | 31 | 1 107 | 207 | 6 611 | 8 459 |
| Total debt | 0 | 45 | 80 | 1 151 | 6 718 | 16 974 | 17 748 |
EBITDA margin
5.4%
This company
15.8%
Market median
-66% vs market
20182024
Equity ratio
17.1%
This company
38.2%
Market median
-55% vs market
20182024
Return on equity
44.6%
This company
18.4%
Market median
+142% vs market
20182024
Net profit margin
3.8%
This company
8.1%
Market median
-53% vs market
20182024
Asset turnover
1.98×
This company
1.12×
Market median
+77% vs market
20182024
Debt / equity
4.85×
This company
0.62×
Market median
-682% vs market
20182024
- 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 2018-08-29 – 2018-12-31
No data on file.
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2018 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Welmax As | Company | 70.0% | 70.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Tandberg Invest As
WELMAX PIPE WELDING AS Board members of WELMAX PIPE WELDING AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jørn Harald Tandberg | Chairman | 0 companies |