Riskpilot← Back to searchSign inGet full accessWELL SYSTEM TECHNOLOGY AS
ASActiveOrg 990544883Maskinveien 9, 4033 StavangerEngineering activities and related technical consultancy · NACE 7112Est. 20060 employees
Revenue 2019
NOK 11,4M
+12% vs 2018
EBITDA margin
12.0%
+9% vs 2018
Equity ratio
60.2%
Financial strength
Net profit 2019
NOK 11K
-100% vs 2018
| Revenue | NOK 11,4M | +12% |
| EBITDA | NOK 1,4M | +9% |
| Net profit | NOK 11K | -100% |
| Total assets | NOK 51,7M | +14% |
| Equity | NOK 31,1M | +32% |
| Employees | 0 | — |
Legal name
WELL SYSTEM TECHNOLOGY AS
Org number
990544883
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
4. desember 2006
Share capital
NOK 575 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2019-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Leverandør av tjenester og produkter innenfor fagområder som har tilknytning til drift og vedlikehold av olje- og gassproduksjonsanlegg til havs, samt delta i selskaper med lignende virksomhet.
Address
Maskinveien 9, 4033 Stavanger
- Event
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| Item | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7 597 | 6 681 | 26 922 | 11 562 | 11 009 | 12 271 | 9 892 | 10 772 | 10 201 | 11 438 |
| Staff expenses | −1 355 | −1 482 | −2 360 | −2 016 | −1 126 | −1 232 | −1 553 | −2 651 | −2 280 | −2 577 |
| EBITDA | 1 008 | 1 086 | 17 473 | 3 009 | 2 652 | 3 437 | 2 119 | 828 | 1 256 | 1 369 |
| Depreciation & amort. | −86 | −95 | −101 | −20 | −6 | −15 | −0 | −0 | −0 | −0 |
| EBIT | 922 | 991 | 17 372 | 2 989 | 2 645 | 3 422 | 2 119 | 828 | 1 256 | 1 369 |
| Net financials | 37 | 19 | −40 | 63 | 345 | 101 | 3 | −38 | 2 096 | 65 |
| Profit before tax | 959 | 1 010 | 17 332 | 3 052 | 2 990 | 3 523 | 2 123 | 790 | 3 352 | 1 434 |
| Tax | 153 | 204 | 4 408 | 873 | 818 | 965 | 539 | 204 | 771 | 1 423 |
| Net profit | 806 | 805 | 12 924 | 2 179 | 2 173 | 2 558 | 1 584 | 586 | 2 581 | 11 |
| Item | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 5 403 | 8 075 | 24 797 | 24 596 | 25 542 | 29 285 | 29 010 | 29 258 | 45 134 | 51 661 |
| Equity | 3 103 | 3 909 | 16 684 | 18 937 | 21 110 | 22 661 | 18 112 | 18 698 | 23 662 | 31 123 |
| Long-term debt | 5 | 3 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 2 295 | 4 164 | 8 112 | 5 659 | 4 432 | 6 625 | 10 898 | 10 560 | 21 472 | 20 538 |
| Total debt | 2 300 | 4 167 | 8 113 | 5 659 | 4 432 | 6 625 | 10 898 | 10 560 | 21 472 | 20 538 |
EBITDA margin
12.0%
This company
15.8%
Market median
-24% vs market
20102019
Equity ratio
60.2%
This company
38.2%
Market median
+58% vs market
20102019
Return on equity
0.0%
This company
18.4%
Market median
-100% vs market
20102019
Net profit margin
0.1%
This company
8.1%
Market median
-99% vs market
20102019
Asset turnover
0.22×
This company
1.12×
Market median
-80% vs market
20102019
Debt / equity
0.66×
This company
0.62×
Market median
+6% vs market
20102019
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2011Filed via Brønnøysundsregistrene · Period 2011-01-01 – 2011-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
OB Chief Executive Officer | Chief Executive Officer | 2006 | — | — |
BL Deputy Member | Deputy Member | 2020 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2020 | — | — | |
| Board of Directors | 2020 | — | — | |
| Chairman | 2020 | — | — |
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of WELL SYSTEM TECHNOLOGY AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Odd Børge Skjærseth | Chief Executive Officer | 0 companies |
| Brit Lea Skjærseth | Deputy Member | 0 companies |
| Arne Torsvoll | Board of Directors | 0 companies |
| Øystein Matre | Board of Directors | 0 companies |
| Håkon Tranberg | Chairman | 0 companies |