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O

OREC AS990 507 244

Counseling
Limited company
Laguneveien 7 5239 RÅDAL, Norge

OREC AS

ABOUT US - Orec

Keywords

engineering servicespowerenergytransportwatersewagedrainageindustrymanufacturingtelecommunicationsbroadcastingpolicy analysisregulationsexpert opinionswitness statementsmechanical engineeringautomotive engineeringchemical engineeringtechnical consulting

Links

Organization

Chairman of the board
Years since formation
19 years
since Nov 20, 2006
Type
Limited company
VAT registered
Yes
Number of employees
7

Ownership

Number of shares and share classes
3,780
1 share class
Total number of shareholders
8
companies
Belongs to group of

Financials

Total operating income 2024
36,499,932
NOK
Annual total result 2024
1,236,486
NOK
Total equity 2024
506,898
NOK
Last update: Jul 26, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO
29.13 %
indirectly

Board

NameRoleShares
Board Member
11.77 %
indirectly
Board Member
29.13 %
indirectly
Chairman
3.96 %
indirectly

Others

NameRoleShares
A
ARETO REVISJON AS
Auditor-
A
AVAL AS
Accountant-

Top 10 individual shareholders

NameRoleShares
Managing Director/CEO, Board Member
29.13 %
indirectly
Board Member
11.77 %
indirectly
-
5.77 %
indirectly
-
5.77 %
indirectly
Chairman
3.96 %
indirectly
-
3.96 %
indirectly
-
2.63 %
indirectly
-
1.31 %
indirectly
Last update: Jun 24, 2024

Ownership

Company shareholders

NameShare classTotal number of sharesShare
O
OREC AS
Ordinary shares
1,231
32.57 %
Ordinary shares
1,101
29.13 %
G
GEOMOD 3D AS
Ordinary shares
445
11.77 %
J
JUGOZAPAD INVEST AS
Ordinary shares
299
7.91 %
G
GEAN INVEST AS
Ordinary shares
218
5.77 %
K
KONGSLIEN PETROPHYSICS AS
Ordinary shares
218
5.77 %
T
TYLER ENERGY CONSULTING AS
Ordinary shares
149
3.94 %
Ordinary shares
119
3.15 %

Shares owned by the OREC AS

NameShare classTotal number of sharesShare
O
Ordinary shares
400
100 %
O
OREC AS
Ordinary shares
1,231
32.57 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2024: NOK 36,499,932
    Operating profit 2024: NOK 972,252
    Employees: 7

Financials

in NOK

Summary

Year2024202320222021
Total operating income
36,499,932
39,927,249
29,002,149
20,479,334
Annual Total Result
1,236,486
912,456
762,134
479,417
Total assets
8,258,716
10,144,630
9,013,869
6,728,829
Total liabilities
7,751,817
9,734,200
7,695,015
4,419,718
Total equity
506,898
410,430
1,318,854
2,309,111

P&L

Year2024202320222021
Total operating income
36,499,932
39,927,249
29,002,149
20,479,334
Total operating costs
35,527,681
38,668,606
27,986,526
19,860,751
Operating result
972,252
1,258,643
1,015,624
618,583
Financial income/costs
656,114
-1,575
-505
-353
Profit before tax
1,628,365
1,257,068
1,015,119
618,230
Total tax & extraordinary income/cost
391,879
344,612
252,985
138,813
Annual Total Result
1,236,486
912,456
762,134
479,417

Balance overview

Year2024202320222021
Total fixed assets
100,000
100,000
0
0
Total current assets
8,158,716
10,044,630
9,013,869
6,728,829
Total assets
8,258,716
10,144,630
9,013,869
6,728,829
Short term debt
7,751,817
9,734,200
7,695,015
4,419,718
Long term debt
0
0
0
0
Total liabilities
7,751,817
9,734,200
7,695,015
4,419,718
Contributed capital
320,412
410,430
1,254,780
1,234,780
Retained earnings
186,486
0
64,074
1,074,331
Total equity
506,898
410,430
1,318,854
2,309,111
Total equity and liabilities
8,258,716
10,144,630
9,013,869
6,728,829

Classification

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