Riskpilot← Back to searchSign inGet full accessWELL CLEANUP AS
ASActiveOrg 924194871Kanalarmen 10, 4033 StavangerRental and leasing of other machinery, equipment and tangible goods n.e.c. · NACE 7739Est. 20196 employees
Revenue 2025
NOK 86,5M
-44% vs 2024
EBITDA margin
28.7%
-68% vs 2024
Equity ratio
44.0%
Financial strength
Net profit 2025
NOK 5,6M
-88% vs 2024
| Revenue | NOK 86,5M | -44% |
| EBITDA | NOK 24,9M | -68% |
| Net profit | NOK 5,6M | -88% |
| Total assets | NOK 62,2M | -32% |
| Equity | NOK 27,3M | +26% |
| Employees | 6 | — |
Legal name
WELL CLEANUP AS
Org number
924194871
Legal form
Aksjeselskap
NACE code
7739 · Rental and leasing of other machinery, equipment and tangible goods n.e.c.
Founded
16. desember 2019
Share capital
NOK 30 000
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Daglig leder og ett styremedlem i fellesskap.
Company purpose
Tjenester og service for oljeindustrien. Utvikle og levere tekniske systemer og løsninger for optimalisering av olje- og gassproduksjon i norge og i utlandet - herunder deltagelse og/eller investering i andre selskaper, - og alt hva dermed er forbundet.
Address
Kanalarmen 10, 4033 Stavanger
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | 6 481 | 11 721 | 15 002 | 58 608 | 154 746 | 86 541 |
| Staff expenses | −0 | −948 | −2 330 | −3 968 | −5 615 | −6 610 |
| EBITDA | 5 038 | 4 343 | −403 | 28 506 | 78 179 | 24 852 |
| Depreciation & amort. | −549 | −1 141 | −1 220 | −5 864 | −16 623 | −17 198 |
| EBIT | 4 489 | 3 203 | −1 623 | 22 642 | 61 556 | 7 654 |
| Net financials | −0 | −127 | 65 | −2 750 | −2 280 | −381 |
| Profit before tax | 4 489 | 3 076 | −1 558 | 19 892 | 59 276 | 7 273 |
| Tax | 986 | 699 | −341 | 4 380 | 13 064 | 1 673 |
| Net profit | 3 503 | 2 377 | −1 217 | 15 512 | 46 212 | 5 600 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 9 182 | 11 387 | 16 233 | 122 641 | 91 503 | 62 178 |
| Equity | 3 527 | 5 904 | 4 688 | 10 199 | 21 741 | 27 341 |
| Long-term debt | 3 883 | 1 942 | 0 | 23 438 | 9 542 | 472 |
| Short-term debt | 1 772 | 3 541 | 11 546 | 89 004 | 60 221 | 34 365 |
| Total debt | 5 655 | 5 483 | 11 546 | 112 442 | 69 762 | 34 837 |
EBITDA margin
28.7%
This company
15.8%
Market median
+82% vs market
20202025
Equity ratio
44.0%
This company
38.2%
Market median
+15% vs market
20202025
Return on equity
20.5%
This company
18.4%
Market median
+11% vs market
20202025
Net profit margin
6.5%
This company
8.1%
Market median
-20% vs market
20202025
Asset turnover
1.39×
This company
1.12×
Market median
+24% vs market
20202025
Debt / equity
1.27×
This company
0.62×
Market median
-105% vs market
20202025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
RF Chief Executive Officer | Chief Executive Officer | 2023 | — | — |
EH Observer | Observer | 2025 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2022 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2023 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Well Cleanup Holding As | Company | 100.0% | 100.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Riseth Invest As
WELL CLEANUP AS Board members of WELL CLEANUP AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Roar Førland Riseth | Chief Executive Officer | 0 companies |
| Evald Holstad | Observer | 0 companies |
| Thomas Aunvik | Board of Directors | 0 companies |
| Frida Grimsmo Busengdal | Board of Directors | 0 companies |
| Frank Billingstad | Board of Directors | 0 companies |