WELLTECH AS
Score · fiscal year 2025
71of 100
How to read this: the company is ahead of 88 % of small companies in the same sector in 2025. What does this mean?
Rank: 3,769 of 32,580 · Bygg og anlegg
Profile
Cheetah · Sprinter
High profitability, lower solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 89 and solidity 49 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
WELLTECH AS is 21 points above the median for small companies in the same sector in 2025.
Median score 50 among 31,470 companies.
Against small companies in the same sector in 2025: operating margin 25.8% (median 3.7%) and equity ratio 40.5% (median 36.5%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 2 MNOK | 3 MNOK |
| Operating margin | 25.8% | 3.7% |
| Profit margin | 21.5% | 3.4% |
| Return on assets | 36.4% | 5.7% |
| Equity ratio | 40.5% | 36.5% |
| Debt-to-equity | 1.47 | 1.20 |
| Current ratio | 1.89 | 1.45 |
| Revenue growth | 520.1% | 3.0% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 71, WELLTECH AS does better than 88% of small companies in the same sector (31,718 companies) in 2025.
Score 2023–2025
- WELLTECH AS
- Median: small companies in the same sector
WELLTECH AS has a score of 71 for 2025, rank 3,769 of 32,580 in the sector.
Strongest: Growth: percentile 98 against peers, revenue growth 520.1% against a median of 3.0%. Profitability: percentile 89 against peers, operating margin 25.8% against a median of 3.7%.
No area is clearly below its peers.
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
WELLTECH AS had an operating margin of 25.8% and an equity ratio of 40.5% in 2025, and ranks 3,769 of 32,580 in Bygg og anlegg.
From 2024 to 2025: revenue grew by 520% and the operating margin fell from 71.2% to 25.8%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 1 MNOK and 4 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 4 MNOK |
| EV/EBIT | 8.0 | 4 MNOK |
| P/B | 1.0 | 1 MNOK |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Financial costs were 10.3% of the debt in 2025. The policy rate averaged 4.30 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 2.4%. Based on the 10 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 89 | weight 30% |
|---|---|---|
| Solidity | 49 | weight 25% |
| Liquidity | 64 | weight 15% |
| Growth | 98 | weight 15% |
| Consistency | 55 | weight 15% |
Durability: 48 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is WELLTECH AS?
The operating margin was 25.8% in 2025, against a median of 3.7% among small companies in the same sector. Return on assets was 36.4%.
How solid is WELLTECH AS?
The equity ratio was 40.5% in 2025 (median 36.5%). Debt-to-equity was 1.47 (median 1.20).
What is the liquidity of WELLTECH AS like?
The current ratio was 1.89 in 2025 (median 1.45).
How does WELLTECH AS compare in Bygg og anlegg?
WELLTECH AS ranks 3,769 of 32,580 in Bygg og anlegg for 2025. Among companies of the same size (small companies) it ranks 3,658 of 31,718. Revenue changed by 520.1% from the year before.
From the Central Coordinating Register
- Org. no.
- 921536607
- Legal form
- AS
- Sector
- Bygg og anlegg (42.210)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 27 July 2018 8 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Stangs gate 5, 3179 ÅSGÅRDSTRAND (HORTEN)
- Municipality
- Horten rank 20–27 of 27 in KOSTRA group 9
- Audit
- Audit opted out from 10 October 2018
- Latest accounts filed
- 2025
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
- Chief executive
- Hans Christian Andersen Hannevig
- Chair of the board
- Hans Christian Andersen Hannevig
Source: Central Coordinating Register, fetched 29 October 2026. Only names are shown.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 24 | 47 | 71 | |
| Rank | 24,108 | 17,670 | 3,769 | |
| Operating margin | 3.9% | 71.2% | 25.8% | |
| Return on assets | 3.4% | 22.7% | 36.4% | |
| Equity ratio | −5.3% | 14.4% | 40.5% | |
| Current ratio | 0.96 | 1.11 | 1.89 | |
| Revenue growth | – | −41.5% | 520.1% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 0.5 MNOK | 0.3 MNOK | 1.9 MNOK |
| Operating profit | 0.0 MNOK | 0.2 MNOK | 0.5 MNOK |
| Profit before tax | −0.1 MNOK | 0.2 MNOK | 0.4 MNOK |
| Net profit | −0.1 MNOK | 0.2 MNOK | 0.4 MNOK |
| Financial expenses | 0.1 MNOK | 0.0 MNOK | 0.1 MNOK |
| Total assets | 0.6 MNOK | 0.9 MNOK | 1.3 MNOK |
| Current assets | 0.5 MNOK | 0.7 MNOK | 1.2 MNOK |
| Equity | 0.0 MNOK | 0.1 MNOK | 0.5 MNOK |
| Retained earnings | −0.1 MNOK | 0.1 MNOK | 0.5 MNOK |
| Total liabilities | 0.6 MNOK | 0.8 MNOK | 0.8 MNOK |
| Current liabilities | 0.5 MNOK | 0.7 MNOK | 0.6 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 6957866.
Further
Similar companies
- HANDYKRAFT AS index 71, rank 3,766 · compare
- G B MASKIN AS index 71, rank 3,767 · compare
- TR MASKIN AS index 71, rank 3,768 · compare
- JOHN BJØRGAN AS index 71, rank 3,770 · compare
- BEST NORGE BYGG AS index 71, rank 3,771 · compare