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THE WATS COMPANY AS

THE WATS COMPANY AS921 673 310

Limited company
Grønland 1 3045 DRAMMEN, Norge

THE WATS COMPANY AS

Operating
Virinco - pushing the boundaries - Virinco
Virinco helps high-tech customers bring electronic products and services to market faster and cheaper than competitors, with 25+ years of expertise.
Utvikling, produksjon og salg av elektriske informasjonssystemer, herunder konsulentvirksomhet rettet mot IT-bransjen.

Links

Organization

Chairman of the board
Years since formation
8 years
since Nov 6, 2018
Type
Limited company
VAT registered
Yes
Number of employees
24

Ownership

Number of shares and share classes
341,062
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2025
50,932,880
NOK
Annual total result 2025
1,913,690
NOK
Total equity 2025
12,028,551
NOK
Last update: Jun 3, 2026

Management

Management / administration

NameRoleShares
Managing Director/CEO
21.52 %
indirectly

Board

NameRoleShares
Chairman-
Board Member
21.52 %
indirectly

Others

NameRoleShares
S
SIGMA REVISJON DRAMMEN AS
Auditor-
A
AMESTO ACCOUNTHOUSE SØR AS
Accountant-

Top 10 individual shareholders

NameRoleShares
-
24.16 %
indirectly
Managing Director/CEO, Board Member
21.52 %
indirectly
-
16.38 %
indirectly
-
15.41 %
indirectly
-
6.17 %
indirectly
-
5.46 %
indirectly
-
2.81 %
indirectly
-
2.17 %
indirectly
-
1.2 %
indirectly
-
1.1 %
indirectly
Last update: Nov 19, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
V
VIRINCO GROUP AS
Ordinary shares
341,062
100 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2025: NOK 0
    Operating profit 2025: NOK -1,173,088
    Employees: 0

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
50,932,880
42,255,388
33,205,800
24,932,446
23,986,343
Annual Total Result
1,913,690
1,529,873
1,614,472
444,825
2,064,447
Total assets
46,598,732
39,219,582
31,610,016
25,558,303
24,166,298
Total liabilities
34,570,181
27,273,414
20,107,982
14,442,327
13,049,061
Total equity
12,028,551
11,946,168
11,502,034
11,115,976
11,117,237

P&L

Year20252024202320222021
Total operating income
50,932,880
42,255,388
33,205,800
24,932,446
23,986,343
Total operating costs
48,446,708
40,980,151
31,740,681
24,617,618
20,761,168
Operating result
2,486,172
1,275,237
1,465,119
314,828
3,225,175
Financial income/costs
-33,502
557,297
493,687
160,091
-574,218
Profit before tax
2,452,670
1,832,533
1,958,806
474,919
2,650,957
Total tax & extraordinary income/cost
538,980
302,660
344,334
30,094
586,510
Annual Total Result
1,913,690
1,529,873
1,614,472
444,825
2,064,447

Balance overview

Year20252024202320222021
Total fixed assets
354,533
297,408
469,031
421,685
799,651
Total current assets
46,244,199
38,922,174
31,140,985
25,136,618
23,366,647
Total assets
46,598,732
39,219,582
31,610,016
25,558,303
24,166,298
Short term debt
34,570,181
27,273,414
20,107,982
14,442,327
13,049,061
Long term debt
0
0
0
0
0
Total liabilities
34,570,181
27,273,414
20,107,982
14,442,327
13,049,061
Contributed capital
9,440,639
9,440,639
9,440,639
9,440,639
9,440,639
Retained earnings
2,587,912
2,505,529
2,061,395
1,675,336
1,676,597
Total equity
12,028,551
11,946,168
11,502,034
11,115,976
11,117,237
Total equity and liabilities
46,598,732
39,219,582
31,610,016
25,558,303
24,166,298

Classification

21st company classification
BETA
Small company
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises