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W

WELLESLEY PETROLEUM AS913 561 473

Oil production
Limited company
Reidar Berges gate 9 4013 STAVANGER, Norge

WELLESLEY PETROLEUM AS

Keywords

extractioncrude oilbituminousoilyshaletar sandsproductiondecantationdesalinationdrying stabilization

Organization

Chairman of the board
Years since formation
10 years
since Apr 30, 2014
Type
Limited company
VAT registered
Yes
Number of employees
13

Ownership

Number of shares and share classes
270,129,919
1 share class
Total number of shareholders
1
person

Financials

Total operating income 2023
3,368,586,000
NOK
Annual total result 2023
3,462,261,000
NOK
Total equity 2023
880,963,000
NOK
Last update: Aug 29, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Chairman-
Board Member-
Board Member-
Board Member-
Board Member-
Board Member-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
S
SUMIT UP AS
Accountant-
Last update: Apr 13, 2023

Ownership

Company shareholders

NameShare classNumber of sharesShare
Ordinary shares
270,129,919
100 %
Last update: May 24, 2024

Financials

in NOK

Summary

Year202320222021
Total operating income
3,368,586,000
1,062,001,000
295,000
Annual Total Result
3,462,261,000
917,686,000
-154,192,000
Total assets
1,496,257,000
2,755,052,000
2,290,358,000
Total liabilities
615,294,000
1,568,786,000
1,832,561,000
Total equity
880,963,000
1,186,266,000
457,797,000

P&L

Year202320222021
Total operating income
3,368,586,000
1,062,001,000
295,000
Total operating costs
185,806,000
549,772,000
450,155,000
Operating result
3,182,780,000
512,229,000
-449,860,000
Financial income/costs
156,820,000
-9,153,000
-28,328,000
Profit before tax
3,339,600,000
503,076,000
-478,188,000
Total tax & extraordinary income/cost
-122,661,000
-414,610,000
-323,996,000
Annual Total Result
3,462,261,000
917,686,000
-154,192,000

Balance overview

Year202320222021
Total fixed assets
793,143,000
1,440,109,000
1,542,810,000
Total current assets
703,114,000
1,314,943,000
747,548,000
Total assets
1,496,257,000
2,755,052,000
2,290,358,000
Short term debt
51,528,000
510,362,000
744,489,000
Long term debt
563,766,000
1,058,424,000
1,088,072,000
Total liabilities
615,294,000
1,568,786,000
1,832,561,000
Contributed capital
998,536,000
1,285,814,000
834,806,000
Retained earnings
-117,573,000
-99,548,000
-377,009,000
Total equity
880,963,000
1,186,266,000
457,797,000
Total equity and liabilities
1,496,257,000
2,755,052,000
2,290,358,000

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
Standard industrial classification
B
Main industrial area
Mining and quarrying
06
Activity
Extraction of crude petroleum and natural gas
06.1
Main industrial group
Extraction of crude petroleum
06.10
Industrial group
Extraction of crude petroleum
06.100
Industrial group
Extraction of crude petroleum