REELWELL AS
Next generation drilling technology | Reelwell AS
Reelwell AS is dedicated to the development of pioneering technology, challenging traditional industry methods, including the Reelwell Drilling Method (RDM) and the wired drillpipe, DualLink.
Keywords
engineering servicespowerenergytransportwatersewagedrainageindustrymanufacturingtelecommunicationsbroadcastingpolicy analysisregulationsexpert opinionswitness statementsmechanical engineeringautomotive engineeringchemical engineeringtechnical consulting
Organization
- Chairman of the board
- JP
- Years since formation
- 20 years
- since Oct 11, 2004
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 24
Ownership
- Number of shares and share classes
- 488,793
- 2 share classes
- Total number of shareholders
- 21
- 9 companies, 12 persons
- Belongs to group of
Financials
- Total operating income 2023
- 33,314,567
- NOK
- Annual total result 2023
- -49,834,671
- NOK
- Total equity 2023
- -10,751,187
- NOK
Last update: Nov 21, 2024
Management
Board
| Name | Role | Shares |
|---|---|---|
EC | Contact Person | - |
JP | Chairman | - |
JL | Board Member | - |
SS 1968 | Board Member | - |
| Board Member | - | |
HC 1967 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
OM | - | 17.79 % directly |
HA | - | 4.24 % indirectly |
HS 1963 | - | 2.64 % indirectly |
MO | - | 1.86 % indirectly |
EA 1973 | - | 1.65 % indirectly |
TH 1974 | - | 1.35 % indirectly |
Last update: Jun 24, 2024
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| A-shares | 185,290 | 37.91 % | |
OM | A-shares | 86,978 | 17.79 % |
| Class B shares | 50,787 | 10.39 % | |
| Class B shares | 40,887 | 8.36 % | |
| A-shares | 34,955 | 7.15 % | |
| A-shares | 28,820 | 5.9 % | |
| A-shares | 20,724 | 4.24 % | |
| A-shares | 12,896 | 2.64 % | |
| A-shares | 9,200 | 1.88 % | |
| A-shares | 3,215 | 0.66 % | |
SB 1966 | A-shares | 2,260 | 0.46 % |
| A-shares | 2,063 | 0.42 % | |
| A-shares | 2,032 | 0.42 % | |
| Class B shares | 2,000 | 0.41 % | |
| A-shares | 2,000 | 0.41 % | |
| Class B shares | 1,923 | 0.39 % | |
| A-shares | 1,431 | 0.29 % | |
| Class B shares | 482 | 0.1 % | |
| A-shares | 400 | 0.08 % | |
| A-shares | 250 | 0.05 % | |
| Class B shares | 200 | 0.04 % |
Shares owned by the REELWELL AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 3,000 | 100 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 33,314,567Operating profit 2023: NOK -50,461,474Employees: 24
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 33,314,567 | 43,728,077 | 22,121,021 |
Annual Total Result | -49,834,671 | -27,107,654 | -13,130,829 |
Total assets | 25,330,844 | 56,621,603 | 43,340,769 |
Total liabilities | 36,082,031 | 47,357,015 | 36,790,739 |
Total equity | -10,751,187 | 9,264,588 | 6,550,031 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 33,314,567 | 43,728,077 | 22,121,021 |
Total operating costs | 83,776,041 | 71,799,802 | 35,560,368 |
Operating result | -50,461,474 | -28,071,725 | -13,439,346 |
Financial income/costs | 626,804 | 964,071 | 308,518 |
Profit before tax | -49,834,671 | -27,107,654 | -13,130,829 |
Total tax & extraordinary income/cost | 0 | 0 | 0 |
Annual Total Result | -49,834,671 | -27,107,654 | -13,130,829 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 10,362,911 | 3,554,387 | 3,669,279 |
Total current assets | 14,967,932 | 53,067,216 | 39,671,490 |
Total assets | 25,330,844 | 56,621,603 | 43,340,769 |
Short term debt | 36,082,031 | 47,357,015 | 34,907,865 |
Long term debt | 0 | 0 | 1,882,873 |
Total liabilities | 36,082,031 | 47,357,015 | 36,790,739 |
Contributed capital | 39,083,484 | 9,264,588 | 19,680,859 |
Retained earnings | -49,834,671 | 0 | -13,130,829 |
Total equity | -10,751,187 | 9,264,588 | 6,550,031 |
Total equity and liabilities | 25,330,844 | 56,621,603 | 43,340,769 |
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
M
Main industrial area
Professional, scientific and technical activities
71
Activity
Architectural and engineering activities; technical testing and analysis
71.1
Main industrial group
Architectural and engineering activities and related technical consultancy
71.12
Industrial group
Engineering activities and related technical consultancy
71.129
Industrial group
Other technical consultancy