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WELLWORK INNOVATION AS

994190857AksjeselskapMVA
Municipality
STAVANGER
Founded
05.05.2009
Roles
5
www.wellworkinnovation.com
Company details
Business address
Kirkegata 3, 4006 STAVANGER
Municipality
Stavanger
Phone
92 80 57 87
Sector
Private aksjeselskaper mv.
Share capital
85 036 kr(85 036 shares)
Registered
09.06.2009
Purpose
Kommersialisering av ny teknologi, tjenester og produkter, forretningsutvikling, deltakelse i andre selskaper, samt annen virksomhet som naturlig faller inn under dette.
Board and management

Styre og ledelse

Stian Vemmestad
Daglig lederStyremedlem
Børge Richard Kolstad
Styrets leder
Xiaodong Yang
Varamedlem
Unn Børve
Varamedlem

Revisor

CROWE STAVANGER REVISJON AS

Is revisor for 426 companies

Revisor

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Financials2024
Revenue
6.5 mill
Operating result
155k
Net result
30.7 mill
Assets
42.9 mill
Equity
17.1 mill
Debt
25.8 mill
Financial health check
Equity ratio
Good
Current ratio
Weak
Profitability
Very good
Income statement and balance sheet
2024
Income statement
Revenue6.5 mill
Operating costs6.3 mill
= Operating result155k
Net finance30.6 mill
= Net result30.7 mill
Balance sheet
Fixed assets18.8 mill
Current assets24.2 mill
= Total assets42.9 mill
Equity17.1 mill
Long-term debt0
Short-term debt25.8 mill
= Total debt25.8 mill

Source: Brønnøysund Register Centre

Key Ratios
2024Industry (median)
Operating margin
2.4%8.2%
Net margin
474.5%—
Return on assets
71.6%8.0%
Return on equity
179.5%—
Equity ratio
39.9%56.3%
Current ratio
0.941.97
Debt-to-equity
1.510.54

Based on 7973 companies

Source: Brønnøysund Register Centre. Ratios are calculated using universal formulas.

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