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WELLTECH AS
AS
Active
Org 921536607
Stangs Gate 5, 3179 Åsgårdstrand
Construction of utility projects for fluids · NACE 4221
Est. 2018
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 299K
-42% vs 2023
EBITDA margin
71.2%
+964% vs 2023
Equity ratio
14.4%
Financial strength
Net profit 2024
NOK 166K
+429% 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 299K
-42%
EBITDA
NOK 213K
+964%
Net profit
NOK 166K
+429%
Total assets
NOK 938K
+60%
Equity
NOK 135K
+537%
Employees
0
—
Company information
Legal name
WELLTECH AS
Org number
921536607
Legal form
Aksjeselskap
NACE code
4221 · Construction of utility projects for fluids
Founded
10. oktober 2018
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Daglig leder alene.
Company purpose
Brønnboring, peling og handel i denne forbindelse.
Contact
Address
Stangs Gate 5, 3179 Åsgårdstrand
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Explore
Companies in Construction of utility projects for fluids
Companies in Horten
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
1M
2022
1M
2023
0M
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
146
425
1 180
511
299
Staff expenses
−0
−0
−4
−0
−0
EBITDA
−40
107
−29
20
213
Depreciation & amort.
−24
−20
−35
−0
−0
EBIT
−64
87
−64
20
213
Net financials
−1
−4
−2
−70
−47
Profit before tax
−65
83
−65
−50
166
Tax
−23
19
−3
−0
−0
Net profit
−41
64
−62
−50
166
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
341
799
846
587
938
Equity
18
82
20
−31
135
Long-term debt
0
3
0
130
152
Short-term debt
324
714
826
488
651
Total debt
324
717
826
618
803
Financial ratios
5-year trend
EBITDA margin
71.2%
This company
15.8%
Market median
+351% vs market
2020
2024
Equity ratio
14.4%
This company
38.2%
Market median
-62% vs market
2020
2024
Return on equity
122.9%
This company
18.4%
Market median
+568% vs market
2020
2024
Net profit margin
55.5%
This company
8.1%
Market median
+585% vs market
2020
2024
Asset turnover
0.32×
This company
1.12×
Market median
-71% vs market
2020
2024
Debt / equity
5.96×
This company
0.62×
Market median
-861% 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)
HC
Hans Christian Andersen Hannevig
Chief Executive Officer
Chief Executive Officer
2018
Board of directors
Non-executive oversight
No data on file.
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Unknown
Individual
100%
100%
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
No registered parent or subsidiaries
Board network connections
Board members of WELLTECH AS also hold positions in
0
other companies.
Person
Role here
Other companies
Hans Christian Andersen Hannevig
Chief Executive Officer
0 companies