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W

WEPCO AS933 766 977

Metal
Limited company
Finnestadjordet 10 4029 STAVANGER, Norge
Industry and manufacturing
/ Metal
/ 33.110 Repair of fabricated metal products

WEPCO AS

Keywords

repairmaintenancemetal productsmetal tanksreservoirscontainerswelding repairship drumssteam generatorscondenserspreheaterssuperheaterssteam collectorsaccumulatorsnuclear reactorscartsradiatorscentral heating systemsfirearmsartilleryguns

Organization

CEO
LC

Lars Christian Mellerud1965

Chairman of the board
HH

Halvor Hanevik1979

Years since formation
30 years
since Mar 12, 1995
Type
Limited company
VAT registered
Yes
Number of employees
65

Ownership

Number of shares and share classes
8,779
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2024
147,408,381
NOK
Annual total result 2024
2,604,978
NOK
Total equity 2024
20,259,516
NOK
Last update: Sep 13, 2025

Management

Management / administration

NameRoleShares
LC

Lars Christian Mellerud

1965

Managing Director/CEO-

Board

NameRoleShares
AO

Atle Olsen

1986

Resigned		Board Member-
HH

Halvor Hanevik

1979

Chairman-
TS

Thorleif Svandal Andersen

1985

Board Member-

Others

NameRoleShares
P
PRICEWATERHOUSECOOPERS AS
Auditor-
S
SPAREBANK 1 SØR-NORGE FORRETNINGSPARTNER AS
Accountant-

Top 10 individual shareholders

NameRoleShares
DO

Dag Oddvar Ramsland

1953

-
2.11 %
indirectly
AM

Arild Myrland

1977

-
1.05 %
indirectly
Last update: Aug 18, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
W
WELLCONNECTION GROUP AS
Ordinary shares
8,779
100 %

Shares owned by the WEPCO AS

NameShare classTotal number of sharesShare
S
STOREBRAND ASA
NO0003053605
458
< 0.01 %
Last update: Jun 2, 2025

Group structure

Financials

in NOK

Summary

Year2024202320222021
Total operating income
147,408,381
159,301,678
113,946,364
94,934,418
Annual Total Result
2,604,978
11,892,021
-656,545
-3,949,452
Total assets
80,407,987
69,776,521
45,204,063
37,445,192
Total liabilities
60,148,471
52,121,984
39,441,546
31,026,130
Total equity
20,259,516
17,654,538
5,762,517
6,419,062

P&L

Year2024202320222021
Total operating income
147,408,381
159,301,678
113,946,364
94,934,418
Total operating costs
144,013,845
148,299,917
114,164,177
99,884,913
Operating result
3,394,536
11,001,761
-217,813
-4,950,495
Financial income/costs
-46,688
-614,575
-438,732
-431,956
Profit before tax
3,347,848
10,387,187
-656,545
-5,382,452
Total tax & extraordinary income/cost
742,870
-1,504,834
0
-1,433,000
Annual Total Result
2,604,978
11,892,021
-656,545
-3,949,452

Balance overview

Year2024202320222021
Total fixed assets
9,786,079
10,085,550
12,284,875
14,703,488
Total current assets
70,621,908
59,690,971
32,919,188
22,741,704
Total assets
80,407,987
69,776,521
45,204,063
37,445,192
Short term debt
48,966,376
39,725,667
29,175,906
29,601,063
Long term debt
11,182,095
12,396,317
10,265,640
1,425,067
Total liabilities
60,148,471
52,121,984
39,441,546
31,026,130
Contributed capital
10,896,788
10,896,788
10,896,788
10,896,788
Retained earnings
9,362,728
6,757,750
-5,134,271
-4,477,726
Total equity
20,259,516
17,654,538
5,762,517
6,419,062
Total equity and liabilities
80,407,987
69,776,521
45,204,063
37,445,192

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
33
Activity
Repair and installation of machinery and equipment
33.1
Main industrial group
Repair of fabricated metal products, machinery and equipment
33.11
Industrial group
Repair of fabricated metal products
33.110
Industrial group
Repair of fabricated metal products