BIZTRAC BETA
Manufacture of watches and clocks

NORWEGIAN WATCH COMPANY AS

Org. no. 917212848 Limited company (AS) Porsgrunn Incorporated 2016 Active
Ownership graph ↗
Operating profit NOK −132,000
Equity NOK −344,000
Incorporated 2016
Share capital NOK 300,000

Signals

2 flags
  • Negativ egenkapital 2024 Bokført egenkapital er negativ (−344k kr).
  • Driftsunderskudd 2024 Siste driftsresultat er negativt (−132k kr).

NORWEGIAN WATCH COMPANY AS is registered as a limited company in Porsgrunn, Telemark with organisation number 917212848. The business is classified under manufacture of watches and clocks (NACE 26.520). The company was incorporated in 2016. Registered share capital is NOK 300,000, divided into 3000 shares. The company's stated purpose is: “Produksjon, salg og distribusjon av klokker, ur og ur-produkter, samt det som naturlig står i forbindelse med dette.”.

Key figures · 2024

Operating profit
NOK −132,000
Equity
NOK −344,000

Financial health · 2024

Liquidity
0.63
Weak
Current assets ÷ current liabilities
Profitability
Not available
Return on total assets
Solidity
-45.0%
Weak
Equity as a share of total capital

Solidity capped at Weak because equity is below NOK 100,000.

Who owns NORWEGIAN WATCH COMPANY AS?

SAASTAD AS
NORWEGIAN WATCH COMPANY AS
· NOK −132,000 profit

NORWEGIAN WATCH COMPANY AS has 1 registered shareholder:

All shareholders and roles →

Frequently asked questions about NORWEGIAN WATCH COMPANY AS

Who owns NORWEGIAN WATCH COMPANY AS?

SAASTAD AS is the largest registered owner, with 100.0%.

Who is the general manager of NORWEGIAN WATCH COMPANY AS?

Espen Saastad is registered as general manager of NORWEGIAN WATCH COMPANY AS.

Where is NORWEGIAN WATCH COMPANY AS based?

NORWEGIAN WATCH COMPANY AS has its business address in Porsgrunn.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 15.06.2026.

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