BIZTRAC BETA
COMPANY REGISTER PROFILE
990507244 ORG. NO. 2025 ACCOUNTS 8 SECTIONS
Active UPDATED 02.09.2026
Other technical consultancy

OREC AS

Org. no. 990507244 Limited company (AS) Bergen Incorporated 2006 Active
Ownership graph ↗
Revenue 2025 NOK 30.1m
Operating profit NOK 600,000
Equity NOK 1.3m
Incorporated 2006
Share capital NOK 378,000

OREC AS is registered as a limited company in Bergen, Vestland with organisation number 990507244. The business is classified under other technical consultancy (NACE 71.129). The company was incorporated in 2006. Registered share capital is NOK 378,000, divided into 3780 shares. The company's stated purpose is: “Tilby spesialist-/konsulenttjenester innen reservoar- og petroleums- teknologi, og det som naturlig hører inn under dette, samt deltakelse i andre foretak med annen eller lignende virksomhet.”. The most recent filed accounts, for the 2025 financial year, show NOK 30.1m in revenue and NOK 600,000 in operating profit.

Key figures · 2025

Revenue
NOK 30.1m
▼ −17 %
Operating profit
NOK 600,000
▼ −38 %
Equity
NOK 1.3m
▲ +163 %
Est. value
NOK 3.9m

Financial health · 2025

Liquidity
1.19
Satisfactory
Current assets ÷ current liabilities
Profitability
13.8%
Good
Return on total assets
Solidity
17.3%
Satisfactory
Equity as a share of total capital

Who owns OREC AS?

OREC AS has 7 registered shareholders:

All shareholders and roles →

Which companies does OREC AS own?

OREC AS holds stakes in 2 companies:

See the full ownership structure →

Frequently asked questions about OREC AS

Who owns OREC AS?

OREC AS is the largest registered owner, with 32.6%.

What is the revenue of OREC AS?

OREC AS had revenue of NOK 30.1m in 2025.

Who is the general manager of OREC AS?

Knut Olav Hettervik is registered as general manager of OREC AS.

Where is OREC AS based?

OREC AS has its business address in Rådal.

Property

Business address Laguneveien 7, 5239 Rådal
Cadastral unit 4601-119/179/0/0

30 companies are registered at this address.

The address this company is registered at, from the company register and matched against the cadastre. It does not say who owns the property — a company may be a tenant, and the address is often its accountant's. Source: Brønnøysundregistrene and © Kartverket.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 02.09.2026.

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