WATCO AS
Keywords
installationwater systemsheating systemscooling systemssanitary systemsexpansionconversionrepair and maintenancesteam pipessolar collectorscooling towerssprinkler systemsirrigation systems
Organization
- CEO
- BI
- Chairman of the board
- KJ
- Years since formation
- 13 years
- since Jul 26, 2012
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 7
Ownership
- Number of shares and share classes
- 500
- 1 share class
- Total number of shareholders
- 2
- persons
Financials
- Total operating income 2024
- 12,028,520
- NOK
- Annual total result 2024
- -105,468
- NOK
- Total equity 2024
- 724,516
- NOK
Last update: Jun 12, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
BI | Managing Director/CEO | 50 % directly |
Board
| Name | Role | Shares |
|---|---|---|
KJ | Chairman | 50 % directly |
BI | Board Member | 50 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
BI | Managing Director/CEO, Board Member | 50 % directly |
KJ | Chairman | 50 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
BI | Ordinary shares | 250 | 50 % |
KJ | Ordinary shares | 250 | 50 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 12,028,520 | 12,220,870 | 10,287,475 |
Annual Total Result | -105,468 | 39,558 | 179,188 |
Total assets | 5,441,583 | 5,704,719 | 5,770,837 |
Total liabilities | 4,717,067 | 4,874,734 | 4,980,410 |
Total equity | 724,516 | 829,985 | 790,427 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 12,028,520 | 12,220,870 | 10,287,475 |
Total operating costs | 11,833,134 | 11,891,512 | 9,871,385 |
Operating result | 195,386 | 329,358 | 416,091 |
Financial income/costs | -300,854 | -247,304 | -196,433 |
Profit before tax | -105,468 | 82,054 | 219,657 |
Total tax & extraordinary income/cost | 0 | 42,496 | 40,469 |
Annual Total Result | -105,468 | 39,558 | 179,188 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 4,328,900 | 4,069,733 | 4,216,433 |
Total current assets | 1,112,683 | 1,634,985 | 1,554,403 |
Total assets | 5,441,583 | 5,704,719 | 5,770,837 |
Short term debt | 1,455,160 | 1,802,343 | 1,637,980 |
Long term debt | 3,261,906 | 3,072,391 | 3,342,430 |
Total liabilities | 4,717,067 | 4,874,734 | 4,980,410 |
Contributed capital | 493,565 | 493,565 | 493,565 |
Retained earnings | 230,951 | 336,420 | 296,862 |
Total equity | 724,516 | 829,985 | 790,427 |
Total equity and liabilities | 5,441,583 | 5,704,719 | 5,770,837 |
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
F
Main industrial area
Construction
43
Activity
Specialised construction activities
43.2
Main industrial group
Electrical, plumbing and other construction installation activities
43.22
Industrial group
Plumbing, heat and air-conditioning installation
43.221
Industrial group
Plumbing- and ventilation-installation