W.PRODUCTS AS • 982176115 • Ulsteinvik • Manufacture of machinery and equipment n.e.c.

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Industry and manufacturing

/ Lifting cranes

/ 28.221 Manufacture of marine lifting and handling equipment

W.PRODUCTS AS

Keywords

productionmarineliftinghandlingequipment

Organization

Chairman of the board: SU
Stig Ulstein1958
Years since formation: 25 years; since Jul 31, 2000
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 60,952; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2024: 300,000; NOK
Annual total result 2024: 141,476; NOK
Total equity 2024: -2,003,611; NOK

Last update: May 8, 2025

Management

Board

Name	Role	Shares
SU Stig Ulstein 1958	Chairman	12.67 % indirectly
HO Håvard Ole Myrene 1952	Board Member	6 % indirectly

Others

Name	Role	Shares
H HASUND AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
SU Stig Ulstein 1958	Chairman	12.67 % indirectly
SK Stig Kolbein Ulstein 1986	-	8.37 % indirectly
IP Ida Pernille Ulstein Jekov 1991	-	8.37 % indirectly
MU Martine Ulstein 1994	-	8.37 % indirectly
HO Håvard Ole Myrene 1952	Board Member	6 % indirectly
MI Magne Idar Ulstein 1954	-	3.17 % indirectly
AO Anne Ose Kristensen 1989	-	3.17 % indirectly
SO Sverre Ose Kristensen 2001	-	3.17 % indirectly
HC Hanna Caroline Ulstein 1993	-	2.37 % indirectly
OM Ole Martin Ulstein 1988	-	2.37 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
B BARO TECHNOLOGY AS	Ordinary shares	60,952	100 %

Last update: May 24, 2024

Group structure

ULMATEC EIENDOM AS
Total operating income 2023: NOK 4,192,196
Operating profit 2023: NOK 3,163,018
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	300,000	300,000	413,458	443,734
Annual Total Result	141,476	223,404	191,609	213,767
Total assets	1,408,038	6,114	677,592	582,116
Total liabilities	3,411,649	3,551,201	4,446,082	4,542,215
Total equity	-2,003,611	-3,545,087	-3,768,491	-3,960,099

P&L

Year	2024	2023	2022	2021
Total operating income	300,000	300,000	413,458	443,734
Total operating costs	118,620	76,596	221,850	230,072
Operating result	181,380	223,404	191,609	213,662
Financial income/costs	0	0	0	105
Profit before tax	181,380	223,404	191,609	213,767
Total tax & extraordinary income/cost	39,904	0	0	0
Annual Total Result	141,476	223,404	191,609	213,767

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	0	0	0	566,667
Total current assets	1,408,038	6,114	677,592	15,450
Total assets	1,408,038	6,114	677,592	582,116
Short term debt	3,411,649	3,551,201	4,446,082	4,542,215
Long term debt	0	0	0	0
Total liabilities	3,411,649	3,551,201	4,446,082	4,542,215
Contributed capital	6,095,200	6,095,200	6,095,200	6,095,200
Retained earnings	-8,098,811	-9,640,287	-9,863,691	-10,055,299
Total equity	-2,003,611	-3,545,087	-3,768,491	-3,960,099
Total equity and liabilities	1,408,038	6,114	677,592	582,116

Classification

Category

Industry and manufacturing

/ Lifting cranes

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

28

Activity

Manufacture of machinery and equipment n.e.c.

28.2

Main industrial group

Manufacture of other general-purpose machinery

28.22

Industrial group

Manufacture of lifting and handling equipment

28.221

Industrial group

Manufacture of marine lifting and handling equipment