Riskpilot← Back to searchSign inGet full accessWELL INNOVATION AS
ASBankruptOrg 987878037Koppholen 19, 4313 SandnesEngineering activities and related technical consultancy · NACE 7112Est. 200511 employeeswww.wellinnovation.com
Revenue 2022
NOK 2,6M
+444% vs 2021
EBITDA margin
-179.1%
+21% vs 2021
Equity ratio
0.9%
Financial strength
Net profit 2022
NOK -8,4M
-4% vs 2021
| Revenue | NOK 2,6M | +444% |
| EBITDA | NOK -4,6M | +21% |
| Net profit | NOK -8,4M | -4% |
| Total assets | NOK 100,5M | +28% |
| Equity | NOK 920K | -90% |
| Employees | 11 | — |
Legal name
WELL INNOVATION AS
Org number
987878037
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
16. februar 2005
Share capital
NOK 1 300 000
Employees
11 (FTE)
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Utvikling, testing og salg av produkter, samt salg av ingeniørtjenester til virksomheter i olje- og gassindustrien, samt forskning og utvikling innen bore- og brønnteknologi.
Address
Koppholen 19, 4313 Sandnes
Website
www.wellinnovation.com
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 |
|---|---|---|---|---|---|
| Revenue | 28 726 | 3 289 | 8 444 | 475 | 2 587 |
| Staff expenses | −9 664 | −6 076 | −5 248 | −0 | −0 |
| EBITDA | 14 200 | −5 061 | 1 467 | −5 850 | −4 632 |
| Depreciation & amort. | −5 949 | −1 907 | −3 359 | −2 090 | −2 072 |
| EBIT | 8 251 | −6 969 | −1 892 | −7 940 | −6 704 |
| Net financials | −2 229 | −1 553 | −2 253 | −2 449 | −4 048 |
| Profit before tax | 6 022 | −8 522 | −4 145 | −10 390 | −10 752 |
| Tax | 1 883 | −2 130 | −914 | −2 286 | −2 363 |
| Net profit | 4 139 | −6 392 | −3 231 | −8 104 | −8 389 |
| Item | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Total assets | 49 428 | 60 754 | 70 397 | 78 446 | 100 462 |
| Equity | 27 036 | 20 644 | 17 413 | 9 309 | 920 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 22 391 | 40 109 | 52 984 | 69 137 | 99 542 |
| Total debt | 22 391 | 40 109 | 52 984 | 69 137 | 99 542 |
EBITDA margin
-179.1%
This company
15.8%
Market median
-1234% vs market
20182022
Equity ratio
0.9%
This company
38.2%
Market median
-98% vs market
20182022
Return on equity
-911.5%
This company
18.4%
Market median
-5054% vs market
20182022
Net profit margin
-324.3%
This company
8.1%
Market median
-4104% vs market
20182022
Asset turnover
0.03×
This company
1.12×
Market median
-97% vs market
20182022
Debt / equity
108.17×
This company
0.62×
Market median
-17347% vs market
20182022
- 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 2018-01-01 – 2018-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
PB Chief Executive Officer | Chief Executive Officer | 2015 |
| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
| Chairman | 2019 | |
| Board of Directors | 2019 | |
| Board of Directors | 2019 | |
| Board of Directors | 2019 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2022 |
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WELL INNOVATION HOLDING AS
WELL INNOVATION AS Board members of WELL INNOVATION AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Per Bjarte Tanche-Larsen | Chief Executive Officer | 0 companies |
| Sven Petter Omdal | Chairman | 0 companies |
| Frank Ove Akselberg | Board of Directors | 0 companies |
| Frode Vassbø | Board of Directors | 0 companies |
| Joachim Andreas Indseth Modahl | Board of Directors | 0 companies |