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A

ARCHER WELLCONNECTION AS947 393 103

Metal
Limited company
Sandnesveien 358 4312 SANDNES, Norge
Industry and manufacturing
/ Metal
/ 33.110 Repair of fabricated metal products

ARCHER WELLCONNECTION AS

Keywords

repairmaintenancemetal productsmetal tanksreservoirscontainerswelding repairship drumssteam generatorscondenserspreheaterssuperheaterssteam collectorsaccumulatorsnuclear reactorscartsradiatorscentral heating systemsfirearmsartilleryguns

Organization

CEO
EW

Eirik Windegaard1975

Chairman of the board
EJ

Espen Joranger1977

Years since formation
30 years
since Feb 19, 1995
Type
Limited company
VAT registered
Yes
Number of employees
63

Ownership

Number of shares and share classes
1,000
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2024
258,362,414
NOK
Annual total result 2024
-13,458,849
NOK
Total equity 2024
-3,189,240
NOK
Last update: Jul 22, 2025

Management

Management / administration

NameRoleShares
EW

Eirik Windegaard

1975

Managing Director/CEO-

Board

NameRoleShares
EJ

Espen Joranger

1977

Chairman-
EW

Eirik Windegaard

1975

Board Member-

Others

NameRoleShares
P
PRICEWATERHOUSECOOPERS AS
Auditor-
S
SPAREBANK 1 SØR-NORGE FORRETNINGSPARTNER AS
Accountant-

Top 10 individual shareholders

NameRoleShares
DO

Dag Oddvar Ramsland

1953

-
2.11 %
indirectly
AM

Arild Myrland

1977

-
1.05 %
indirectly
Last update: Jul 22, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
W
WELLCONNECTION GROUP AS
Ordinary shares
1,000
100 %

Shares owned by the ARCHER WELLCONNECTION AS

NameShare classTotal number of sharesShare
N
NORM MANAGEMENT AS
Ordinary shares
50
33.33 %
Last update: Jun 2, 2025

Group structure

Financials

in NOK

Summary

Year2024202320222021
Total operating income
258,362,414
319,032,264
315,336,204
358,378,687
Annual Total Result
-13,458,849
-29,911,616
-20,014,646
11,622,258
Total assets
82,865,461
210,534,170
181,597,092
180,647,679
Total liabilities
86,054,701
200,264,561
141,415,867
120,451,808
Total equity
-3,189,240
10,269,609
40,181,225
60,195,871

P&L

Year2024202320222021
Total operating income
258,362,414
319,032,264
315,336,204
358,378,687
Total operating costs
209,898,861
345,745,510
338,770,433
342,704,629
Operating result
48,463,552
-26,713,246
-23,434,229
15,674,058
Financial income/costs
-53,791,656
-3,198,370
-2,277,569
-871,937
Profit before tax
-5,328,103
-29,911,616
-25,711,798
14,802,120
Total tax & extraordinary income/cost
8,130,746
0
-5,697,152
3,179,862
Annual Total Result
-13,458,849
-29,911,616
-20,014,646
11,622,258

Balance overview

Year2024202320222021
Total fixed assets
26,152,067
33,900,225
31,301,652
27,175,729
Total current assets
56,713,394
176,633,945
150,295,441
153,471,950
Total assets
82,865,461
210,534,170
181,597,092
180,647,679
Short term debt
69,614,239
190,585,141
137,062,393
116,414,441
Long term debt
16,440,461
9,679,420
4,353,474
4,037,366
Total liabilities
86,054,701
200,264,561
141,415,867
120,451,808
Contributed capital
100,000
100,000
100,000
100,000
Retained earnings
-3,289,240
10,169,609
40,081,225
60,095,871
Total equity
-3,189,240
10,269,609
40,181,225
60,195,871
Total equity and liabilities
82,865,461
210,534,170
181,597,092
180,647,679

Classification

Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
C
Main industrial area
Manufacturing
33
Activity
Repair and installation of machinery and equipment
33.1
Main industrial group
Repair of fabricated metal products, machinery and equipment
33.11
Industrial group
Repair of fabricated metal products
33.110
Industrial group
Repair of fabricated metal products