WATECH AS
Keywords
drillingturningmillingerodingplaningpolishingreamingstraighteningsawinggrindingsharpeningfine polishingweldingsplicing
Organization
- CEO
- EE
- Chairman of the board
- EE
- Years since formation
- 24 years
- since Dec 18, 2001
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 10
Ownership
- Number of shares and share classes
- 300
- 1 share class
- Total number of shareholders
- 4
- persons
Financials
- Total operating income 2024
- 15,562,469
- NOK
- Annual total result 2024
- 1,454,408
- NOK
- Total equity 2024
- 5,442,277
- NOK
Last update: Mar 28, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
EE | Managing Director/CEO | 50 % directly |
Board
| Name | Role | Shares |
|---|---|---|
EE | Chairman | 50 % directly |
VH 1959 | Board Member | 20 % directly |
GH 1956 | Board Member | 15 % directly |
TV | Board Member | - |
CH | Board Member | 15 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
EE | Managing Director/CEO, Chairman | 50 % directly |
VH 1959 | Board Member | 20 % directly |
CH | Board Member | 15 % directly |
GH 1956 | Board Member | 15 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
EE | Ordinary shares | 150 | 50 % |
VH 1959 | Ordinary shares | 60 | 20 % |
CH | Ordinary shares | 45 | 15 % |
GH 1956 | Ordinary shares | 45 | 15 % |
Last update: May 24, 2024
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 15,562,469 | 11,150,397 | 9,806,047 | 8,144,314 |
Annual Total Result | 1,454,408 | 666,248 | 424,130 | -52,491 |
Total assets | 9,354,361 | 7,631,701 | 7,172,747 | 6,493,160 |
Total liabilities | 3,912,084 | 1,643,832 | 1,851,127 | 1,595,670 |
Total equity | 5,442,277 | 5,987,869 | 5,321,620 | 4,897,491 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 15,562,469 | 11,150,397 | 9,806,047 | 8,144,314 |
Total operating costs | 13,649,291 | 10,394,229 | 9,365,511 | 8,313,295 |
Operating result | 1,913,178 | 756,168 | 440,535 | -168,981 |
Financial income/costs | -5,018 | -16,108 | -16,406 | -23,438 |
Profit before tax | 1,908,160 | 740,059 | 424,130 | -192,418 |
Total tax & extraordinary income/cost | 453,752 | 73,811 | 0 | -139,927 |
Annual Total Result | 1,454,408 | 666,248 | 424,130 | -52,491 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 40,750 | 63,450 | 166,550 | 286,350 |
Total current assets | 9,313,611 | 7,568,251 | 7,006,197 | 6,206,810 |
Total assets | 9,354,361 | 7,631,701 | 7,172,747 | 6,493,160 |
Short term debt | 3,912,084 | 1,613,832 | 1,851,127 | 1,435,670 |
Long term debt | 0 | 30,000 | 0 | 160,000 |
Total liabilities | 3,912,084 | 1,643,832 | 1,851,127 | 1,595,670 |
Contributed capital | 300,000 | 300,000 | 300,000 | 300,000 |
Retained earnings | 5,142,277 | 5,687,869 | 5,021,620 | 4,597,491 |
Total equity | 5,442,277 | 5,987,869 | 5,321,620 | 4,897,491 |
Total equity and liabilities | 9,354,361 | 7,631,701 | 7,172,747 | 6,493,160 |
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
C
Main industrial area
Manufacturing
25
Activity
Manufacture of fabricated metal products, except machinery and equipment
25.6
Main industrial group
Treatment and coating of metals; machining
25.62
Industrial group
Machining
25.620
Industrial group
Machining