WITSØ MASKIN AS
Organization
- CEO
- MW
Morten Witsø1987
- Chairman of the board
- MW
Morten Witsø1987
- Years since formation
- 27 years
- since Jul 17, 1998
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 10
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Total operating income 2024
- 16,896,297
- NOK
- Annual total result 2024
- 934,196
- NOK
- Total equity 2024
- 1,943,546
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
MW 1987 | Managing Director/CEO | 51 % directly |
Board
| Name | Role | Shares |
|---|---|---|
IM | Board Member | - |
JW 1960 | Board Member | 49 % directly |
MW 1987 | Chairman | 51 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
MW 1987 | Managing Director/CEO, Chairman | 51 % directly |
JW 1960 | Board Member | 49 % directly |
Last update: Aug 31, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
MW 1987 | Ordinary shares | 51 | 51 % |
JW 1960 | Ordinary shares | 49 | 49 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 16,896,297 | 10,133,785 | 13,064,820 | 11,960,727 |
Annual Total Result | 934,196 | -682,203 | 95,042 | -30,176 |
Total assets | 6,856,605 | 5,208,038 | 6,323,761 | 6,693,484 |
Total liabilities | 4,913,059 | 4,198,688 | 4,632,208 | 5,096,973 |
Total equity | 1,943,546 | 1,009,350 | 1,691,553 | 1,596,511 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 16,896,297 | 10,133,785 | 13,064,820 | 11,960,727 |
Total operating costs | 15,696,616 | 10,580,711 | 12,801,936 | 11,875,234 |
Operating result | 1,199,681 | -446,927 | 262,883 | 85,493 |
Financial income/costs | -165,783 | -157,205 | -141,035 | -124,180 |
Profit before tax | 1,033,898 | -604,132 | 121,849 | -38,687 |
Total tax & extraordinary income/cost | 99,702 | 78,071 | 26,807 | -8,511 |
Annual Total Result | 934,196 | -682,203 | 95,042 | -30,176 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 2,227,189 | 1,982,359 | 2,689,803 | 3,547,017 |
Total current assets | 4,629,416 | 3,225,679 | 3,633,959 | 3,146,468 |
Total assets | 6,856,605 | 5,208,038 | 6,323,761 | 6,693,484 |
Short term debt | 3,342,647 | 2,380,050 | 2,562,651 | 2,738,782 |
Long term debt | 1,570,411 | 1,818,638 | 2,069,557 | 2,358,191 |
Total liabilities | 4,913,059 | 4,198,688 | 4,632,208 | 5,096,973 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | 1,843,546 | 909,350 | 1,591,553 | 1,496,511 |
Total equity | 1,943,546 | 1,009,350 | 1,691,553 | 1,596,511 |
Total equity and liabilities | 6,856,605 | 5,208,038 | 6,323,761 | 6,693,484 |
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