Riskpilot← Back to searchSign inGet full accessARCHER WELLCONNECTION AS
ASActiveOrg 947393103Sandnesveien 358, 4312 SandnesRepair and maintenance of fabricated metal products · NACE 3311Est. 198861 employees
Revenue 2024
NOK 258,4M
-19% vs 2023
EBITDA margin
21.9%
+419% vs 2023
Equity ratio
-3.8%
Financial strength
Net profit 2024
NOK -13,5M
+55% vs 2023
| Revenue | NOK 258,4M | -19% |
| EBITDA | NOK 56,5M | +419% |
| Net profit | NOK -13,5M | +55% |
| Total assets | NOK 82,9M | -61% |
| Equity | NOK -3,2M | -131% |
| Employees | 61 | — |
Legal name
ARCHER WELLCONNECTION AS
Org number
947393103
Legal form
Aksjeselskap
NACE code
3311 · Repair and maintenance of fabricated metal products
Founded
6. mai 1988
Share capital
NOK 100 000
Employees
61 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets medlemmer hver for seg.
Address
Sandnesveien 358, 4312 Sandnes
Phone
+4751644800
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| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 324 020 | 358 379 | 315 336 | 319 032 | 258 362 |
| Staff expenses | −117 583 | −126 597 | −127 241 | −136 577 | −67 588 |
| EBITDA | 19 143 | 28 044 | −13 502 | −17 709 | 56 501 |
| Depreciation & amort. | −12 314 | −12 370 | −9 932 | −9 005 | −8 038 |
| EBIT | 6 829 | 15 674 | −23 434 | −26 713 | 48 464 |
| Net financials | −2 145 | −872 | −2 278 | −3 198 | −53 792 |
| Profit before tax | 4 684 | 14 802 | −25 712 | −29 912 | −5 328 |
| Tax | 882 | 3 180 | −5 697 | −0 | 8 131 |
| Net profit | 3 801 | 11 622 | −20 015 | −29 912 | −13 459 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 169 125 | 180 648 | 181 597 | 210 534 | 82 865 |
| Equity | 60 721 | 60 196 | 40 181 | 10 270 | −3 189 |
| Long-term debt | 8 763 | 4 037 | 4 353 | 9 679 | 16 440 |
| Short-term debt | 99 641 | 116 414 | 137 062 | 190 585 | 69 614 |
| Total debt | 108 404 | 120 452 | 141 416 | 200 265 | 86 055 |
EBITDA margin
21.9%
This company
15.8%
Market median
+39% vs market
20202024
Equity ratio
-3.8%
This company
38.2%
Market median
-110% vs market
20202024
Return on equity
-1345884900.0%
This company
18.4%
Market median
-7314591948% vs market
20202024
Net profit margin
-5.2%
This company
8.1%
Market median
-164% vs market
20202024
Asset turnover
3.12×
This company
1.12×
Market median
+179% vs market
20202024
Debt / equity
26.98×
This company
0.62×
Market median
-4252% vs market
20202024
- 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 |
|---|---|---|
| Current (1) | ||
EW Chief Executive Officer | Chief Executive Officer | 2025 |
| Former (3) | ||
HH Chief Executive Officer | Chief Executive Officer | 2024 – 2025 |
BA Chief Executive Officer | Chief Executive Officer | 2022 – 2024 |
AM Chief Executive Officer | Chief Executive Officer | 2020 – 2022 |
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
| Chairman | 2025 | |
| Former (3) | ||
| Board of Directors | 2024 – 2025 | |
| Chairman | 2019 – 2021 | |
| Board of Directors | 2021 – 2024 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 |
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Wellconnection Evpe Group Holding AsStoremyra Holding AsWellconnection Group As
ARCHER WELLCONNECTION AS (this company)Board members of ARCHER WELLCONNECTION AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Eirik Windegaard | Chief Executive Officer | 0 companies |
| Halvor Hanevik | Chief Executive Officer | 0 companies |
| Bjørn Angeltveit | Chief Executive Officer | 0 companies |
| Arild Myrland | Chief Executive Officer | 0 companies |
| Atle Olsen | Board of Directors | 0 companies |
| Rune Haddeland | Chairman | 0 companies |
| Espen Joranger | Chairman | 0 companies |
| Tormod Østhus | Board of Directors | 0 companies |