WATTS APP AS
Keywords
installationelectrical installations
Organization
- CEO
- TE
- Chairman of the board
- TH
- Years since formation
- 4 years
- since Mar 11, 2021
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Annual total result 2024
- -17,458
- NOK
- Total equity 2024
- -73,193
- NOK
Last update: Aug 4, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TE | Managing Director/CEO | 50 % directly |
Board
| Name | Role | Shares |
|---|---|---|
TH | Chairman | 50 % directly |
TE | Board Member | 50 % directly |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TE | Managing Director/CEO, Board Member | 50 % directly |
TH | Chairman | 50 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
TH | Ordinary shares | 50 | 50 % |
TE | Ordinary shares | 50 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 14,064 | 7,497 | 255,496 |
Annual Total Result | -17,458 | -36,494 | -26,535 | -22,706 |
Total assets | 68,747 | 99,994 | 88,958 | 79,607 |
Total liabilities | 141,939 | 155,729 | 108,200 | 72,312 |
Total equity | -73,193 | -55,735 | -19,241 | 7,294 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 14,064 | 7,497 | 255,496 |
Total operating costs | 17,458 | 51,652 | 34,825 | 278,200 |
Operating result | -17,458 | -37,588 | -27,328 | -22,704 |
Financial income/costs | 0 | 1,094 | 793 | -2 |
Profit before tax | -17,458 | -36,494 | -26,535 | -22,706 |
Total tax & extraordinary income/cost | 0 | 0 | 0 | 0 |
Annual Total Result | -17,458 | -36,494 | -26,535 | -22,706 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 0 | 0 | 0 | 0 |
Total current assets | 68,747 | 99,994 | 88,958 | 79,607 |
Total assets | 68,747 | 99,994 | 88,958 | 79,607 |
Short term debt | 0 | 13,790 | 13,629 | 13,169 |
Long term debt | 141,939 | 141,939 | 94,571 | 59,143 |
Total liabilities | 141,939 | 155,729 | 108,200 | 72,312 |
Contributed capital | 30,000 | 30,000 | 30,000 | 30,000 |
Retained earnings | -103,193 | -85,735 | -49,241 | -22,706 |
Total equity | -73,193 | -55,735 | -19,241 | 7,294 |
Total equity and liabilities | 68,747 | 99,994 | 88,959 | 79,607 |
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
F
Main industrial area
Construction
43
Activity
Specialised construction activities
43.2
Main industrial group
Electrical, plumbing and other construction installation activities
43.21
Industrial group
Electrical installation
43.210
Industrial group
Electrical installation