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WELLCONNECTION GROUP AS915 433 030

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

WELLCONNECTION GROUP AS

Operating
Investering i andre selskaper og tilhørende virksomhet.

Keywords

repairmaintenancemetal productsmetal tanksreservoirscontainerswelding repairship drumssteam generatorscondenserspreheaterssuperheaterssteam collectorsaccumulatorsnuclear reactorscartsradiatorscentral heating systemsfirearmsartilleryguns

Organization

CEO
LC

Lars Christian Mellerud1965

Chairman of the board
RJ

Rune Jensen1957

Years since formation
11 years
since May 26, 2015
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
143,652,282
2 share classes
Total number of shareholders
33
21 companies, 12 persons
Belongs to group of

Financials

Total operating income 2024
4,622,202
NOK
Annual total result 2024
-126,529,961
NOK
Total equity 2024
-26,354,760
NOK
Last update: Dec 12, 2025

Locations

Finnestadjordet 10 4029 STAVANGER, Norge
  • Company address
    Finnestadjordet 10 4029 STAVANGER, Norge
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Management

Management / administration

NameRoleShares
LC

Lars Christian Mellerud

1965

Managing Director/CEO-

Board

NameRoleShares
DO

Dag Oddvar Ramsland

1953

Board Member
2.11 %
indirectly
RJ

Rune Jensen

1957

Chairman-
SV

Stian Vemmestad

1971

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

Board Member
2.11 %
indirectly
AM

Arild Myrland

1977

-
1.05 %
indirectly
Last update: Feb 24, 2026

Ownership

Company shareholders

NameShare classTotal number of sharesShare
S
STOREMYRA HOLDING AS
Ordinary shares
80,351,956
55.94 %
S
STOREMYRA HOLDING AS
Preference shares
22,232,678
15.48 %
R
RAMSLAND HOLDING AS
Ordinary shares
21,898,285
15.24 %
R
RAMSLAND HOLDING AS
Preference shares
5,820,000
4.05 %
M
MYRLAND HOLDING AS
Ordinary shares
5,654,690
3.94 %
WG

William Geddie James

Ordinary shares
1,578,290
1.1 %
M
MYRLAND HOLDING AS
Preference shares
1,502,871
1.05 %
S
SG HOLDING AS
Ordinary shares
1,321,381
0.92 %
CG

Carroll Geddie Angela

Ordinary shares
989,426
0.69 %
WG

William Geddie James

Preference shares
476,074
0.33 %
S
SG HOLDING AS
Preference shares
351,189
0.24 %
CG

Carroll Geddie Angela

Preference shares
298,450
0.21 %
T
T-MATRIX INVEST AS
Ordinary shares
200,909
0.14 %
I
INTERLUDE HOLDING AS
Ordinary shares
147,923
0.1 %
F
FLORA INVEST AS
Ordinary shares
101,503
0.07 %
S
STVG INVEST AS
Ordinary shares
101,376
0.07 %
N
NORDSTRØM INVEST AS
Ordinary shares
100,955
0.07 %
P
PETROPLAY AS
Ordinary shares
100,000
0.07 %
CG

Cranna Garrow James

Ordinary shares
72,000
0.05 %
MB

Mckay Bruce

Ordinary shares
55,000
0.04 %
T
T-MATRIX INVEST AS
Preference shares
53,396
0.04 %
RH

Rune Haddeland

1968

Ordinary shares
52,159
0.04 %
ØN

Øystein Natås

1974

Ordinary shares
50,000
0.03 %
AJ

Allan Jennifer

Ordinary shares
48,000
0.03 %
P
PETROPLAY AS
Preference shares
26,577
0.02 %
A
ARCTIC SOLUTIONS INVEST AS
Ordinary shares
25,400
0.02 %
ØN

Øystein Natås

1974

Preference shares
13,289
< 0.01 %
V
VÅGE INVEST AS
Ordinary shares
11,688
< 0.01 %
F
FGK HOLDING AS
Ordinary shares
11,236
< 0.01 %
JG

James Geddie Glynn

Ordinary shares
3,181
< 0.01 %
R
RØROS KOBBERVERK AS
Ordinary shares
1,207
< 0.01 %
CW

Chree Wadsworth Symon

Ordinary shares
1,019
< 0.01 %
F
FAGERFJELL HOLDING AS
Ordinary shares
174
< 0.01 %

Shares owned by the WELLCONNECTION GROUP AS

NameShare classTotal number of sharesShare
A
ARCHER WELL MACHINING AS
Ordinary shares
100,000
100 %
W
WEPCO AS
Ordinary shares
8,779
100 %
A
ARCHER WELLCONNECTION AS
Ordinary shares
1,000
100 %
Last update: Jun 2, 2025

Group structure

Financials

in NOK

Summary

Year202420232021
Total operating income
4,622,202
10,611,013
10,430,146
Annual Total Result
-126,529,961
-45,071,497
-29,814,084
Total assets
122,089,012
313,723,630
455,535,441
Total liabilities
148,443,772
213,548,429
215,703,068
Total equity
-26,354,760
100,175,200
239,832,373

P&L

Year202420232021
Total operating income
4,622,202
10,611,013
10,430,146
Total operating costs
16,677,499
17,126,977
14,016,421
Operating result
-12,055,297
-6,515,964
-3,586,275
Financial income/costs
-105,929,325
-38,555,533
-26,227,809
Profit before tax
-117,984,622
-45,071,497
-29,814,084
Total tax & extraordinary income/cost
8,545,339
0
0
Annual Total Result
-126,529,961
-45,071,497
-29,814,084

Balance overview

Year202420232021
Total fixed assets
91,925,907
201,601,655
407,887,257
Total current assets
30,163,105
112,121,975
47,648,184
Total assets
122,089,012
313,723,630
455,535,441
Short term debt
127,755,956
161,882,130
115,295,665
Long term debt
20,687,816
51,666,299
100,407,403
Total liabilities
148,443,772
213,548,429
215,703,068
Contributed capital
143,652,282
143,652,282
239,832,373
Retained earnings
-170,007,042
-43,477,082
0
Total equity
-26,354,760
100,175,200
239,832,373
Total equity and liabilities
122,089,012
313,723,629
455,535,441

Classification

21st company classification
BETA
Small company
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