OREC AS

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 2024 financial year, show NOK 36.5m in revenue and NOK 972,000 in operating profit.

Key figures · 2024

Revenue

NOK 36.5m

Operating profit

NOK 972,000

Equity

NOK 507,000

Est. value

NOK 5.1m

Financial health · 2024

Liquidity

1.05

Satisfactory

Current assets ÷ current liabilities

Profitability

–

Not available

Return on total assets

Solidity

6.1%

Weak

Equity as a share of total capital

Who owns OREC AS?

OREC AS

32.6%

OREC AS

NOK 36.5m rev. · NOK 972,000 profit

OREC AS has 7 registered shareholders:

• OREC AS 32.6%
• HETTERVIK RESERVOIR CONSULTING AS 31.9%
• GEOMOD 3D AS 12.9%
• JUGOZAPAD INVEST AS 8.7%
• GEAN INVEST AS 6.3%
• TYLER ENERGY CONSULTING AS 4.3%
• KRISTOFFERSEN GEO CONSULTING AS 3.4%

All shareholders and roles →

Which companies does OREC AS own?

OREC AS holds stakes in 2 companies:

• OREC RESERVOIR MANAGEMENT AS 100.0%
• OREC AS 32.6%

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 36.5m in 2024.

Where is OREC AS based?

OREC AS has its business address in Rådal.

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