CVR: 13478805
Secondary names: WELLTEC WELL TECHNOLOGIES A/S
Previous names: JØRGEN HALLUNDBÆK ApS, WELLTEC ApS
USD 178,610,000
Revenue
Net result: USD 97,595,000
WELLTEC INTERNATIONAL ApS
CVR · view ownership and management
Director registered: Michael Christensen
CVR · 01/04/2023
View the full event history
WELLTEC A/S is a Danish company of the type Aktieselskab based in Allerød, founded in 1989. The company is registered under the industry Støtteaktiviteter i forbindelse med indvinding af råolie og naturgas. The company was previously named WELLTEC ApS and JØRGEN HALLUNDBÆK ApS. The management consists of Peter Hansen and Michael Christensen. The company is owned by WELLTEC INTERNATIONAL ApS. The company has 231 employees (2018). In 2025, the company reported revenue of USD 178,610,000 and a net result of USD 97,595,000 compared with USD 189,712,000 the year before. Equity in the 2025 report amounted to USD 184,875,000.
Source: annual report 2025, Danish Business Authority
WELLTEC A/S demonstrates strong financial health with a notable increase in profitability, achieving a profit of $97.6 million in 2025, up from $38.9 million in 2021. Revenue has shown a fluctuating trend, peaking at $215.5 million in 2023 before declining to $178.6 million in 2025, indicating potential market challenges. The company's equity position remains robust at $184.9 million, although it has decreased from $268.7 million in 2024, raising some concerns about sustainability. With a focus on support activities in oil and gas extraction, WELLTEC is well-positioned within its industry, benefiting from strong gross profit margins that have consistently exceeded 75%.
AI-generated summary · Generated 20/08/2026
Selskabets formål er fabrikation, udvikling, udlejning og handel med maskinudstyr, samt levering af serviceydelser, herunder at erhverve kapitalandele i andre virksomheder med dette formål samt anden dermed beslægtet virksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 178.6 mio. USD | 97.6 mio. USD | 498.7 mio. USD | 184.9 mio. USD | 236 | |
| 202401/01/2024 – 31/12/2024 | 162.1 mio. USD | 189.7 mio. USD | 402.7 mio. USD | 268.7 mio. USD | - | |
| 202301/01/2023 – 31/12/2023 | 215.5 mio. USD | 113.8 mio. USD | 373.1 mio. USD | 220.9 mio. USD | - | |
| 202201/01/2022 – 31/12/2022 | 171.7 mio. USD | 69.2 mio. USD | 280 mio. USD | 120.3 mio. USD | - | |
| 202101/01/2021 – 31/12/2021 | 111.2 mio. USD | 38.9 mio. USD | 251.3 mio. USD | 52.7 mio. USD | - | |
| 202001/01/2020 – 31/12/2020 | 209.4 mio. USD | 1.1 mio. USD | 474.5 mio. USD | 29.1 mio. USD | - | |
| 201901/01/2019 – 31/12/2019 | 261.7 mio. USD | 21.4 mio. USD | 496.7 mio. USD | 48 mio. USD | - | |
| 201801/01/2018 – 31/12/2018 | 237.1 mio. USD | -17.1 mio. USD | 425.5 mio. USD | 25.6 mio. USD | - | |
| 201701/01/2017 – 31/12/2017 | 169.5 mio. USD | -33.4 mio. USD | 438.8 mio. USD | 48.7 mio. USD | - | |
| 201601/01/2016 – 31/12/2016 | 189 mio. USD | -25.5 mio. USD | 446.6 mio. USD | 56 mio. USD | - | |
| 201501/01/2015 – 31/12/2015 | 245.7 mio. USD | -33 mio. USD | 512.2 mio. USD | 77.8 mio. USD | - | |
| 201401/01/2014 – 31/12/2014 | 345 mio. USD | 15.9 mio. USD | 566.9 mio. USD | 125.2 mio. USD | - |
Compared to 53 companies in Støtteaktiviteter i forbindelse med indvinding af råolie og naturgas
Comparison is based on industry median values
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Try the lead list generatorWELLTEC A/S was founded on 25 September 1989.
WELLTEC A/S is registered under the industry Støtteaktiviteter i forbindelse med indvinding af råolie og naturgas (industry code 091000).
WELLTEC A/S had 231 employees in 2018 according to the Danish CVR register.
WELLTEC A/S is owned by WELLTEC INTERNATIONAL ApS.
In 2025, WELLTEC A/S reported revenue of USD 178,610,000.
The management of WELLTEC A/S consists of Peter Hansen and Michael Christensen.
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WELLTEC A/S has published its annual report for 2025. Revenue came to DKK 178,610,000, and the net result was DKK 97,595,000.
Contact info changed: new phone: 48143514 (February 26, 2026).
As of February 25, 2026, Alasdair Geddes Shiach has left the board of directors of WELLTEC A/S.
WELLTEC A/S has published its annual report for 2024. Revenue came to DKK 162,126,000, and the net result was DKK 189,712,000.
WELLTEC A/S has published its annual report for 2023. Revenue came to DKK 215,511,000, and the net result was DKK 113,764,000.
WELLTEC A/S has published its annual report for 2022. Revenue came to DKK 171,714,000, and the net result was DKK 69,222,000.
As of April 1, 2023, Michael Christensen is registered as director of WELLTEC A/S.
As of April 1, 2023, Anders Qvortrup Christensen has stepped down as director of WELLTEC A/S.
As of November 11, 2022, Anders Qvortrup Christensen is registered as director of WELLTEC A/S.
As of November 11, 2022, Søren Søgaard Suhr has stepped down as director of WELLTEC A/S.
WELLTEC A/S has published its annual report for 2021. Revenue came to DKK 111,234,000, and the net result was DKK 38,922,000.
As of March 25, 2022, Maite Labairu Trenchs has joined the board of directors of WELLTEC A/S.
As of March 25, 2022, Benoit Ribadeau-Dumas has joined the board of directors of WELLTEC A/S.
As of March 25, 2022, Enrico Vellano has left the board of directors of WELLTEC A/S.
As of June 14, 2021, John Haukvik has left the board of directors of WELLTEC A/S.
WELLTEC A/S has published its annual report for 2020. Revenue came to DKK 209,449,000, and the net result was DKK 1,131,000.
As of May 31, 2021, Michel Pierre René Hourcard has joined the board of directors of WELLTEC A/S.
As of May 31, 2021, Søren Søgaard Suhr is registered as director of WELLTEC A/S.
As of April 14, 2021, Jørgen Hallundbæk has left the board of directors of WELLTEC A/S.
As of April 14, 2021, Peter Hansen is registered as adm. dir. of WELLTEC A/S.
As of April 14, 2021, Jørgen Hallundbæk has stepped down as adm. dir. of WELLTEC A/S.
WELLTEC A/S has published its annual report for 2019. Revenue came to DKK 261,748,000, and the net result was DKK 21,445,000.
As of August 12, 2019, WELLTEC INTERNATIONAL ApS is registered as an owner of WELLTEC A/S with an ownership share of 100%.
WELLTEC A/S has published its annual report for 2018. Revenue came to DKK 237,141,000, and the net result was DKK -17,136,000.
As of June 19, 2019, Klaus Martin Bukenberger has joined the board of directors of WELLTEC A/S.
As of June 19, 2019, Michael Philipp Bricker has left the board of directors of WELLTEC A/S.
WELLTEC A/S has published its annual report for 2017. Revenue came to DKK 169,536,000, and the net result was DKK -33,432,000.
As of May 23, 2018, Enrico Vellano has joined the board of directors of WELLTEC A/S.
As of May 23, 2018, Annalisa Stupenengo has left the board of directors of WELLTEC A/S.
As of August 18, 2017, Alasdair Geddes Shiach has joined the board of directors of WELLTEC A/S.
As of August 18, 2017, John Haukvik has joined the board of directors of WELLTEC A/S.
WELLTEC A/S has published its annual report for 2016. Revenue came to DKK 189,012,000, and the net result was DKK -25,477,000.
As of October 24, 2016, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of WELLTEC A/S.
As of October 24, 2016, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of WELLTEC A/S.
WELLTEC A/S has published its annual report for 2015. Revenue came to DKK 245,726,000, and the net result was DKK -32,985,000.
As of February 8, 2016, Niels Harald de Coninck-Smith has joined the board of directors of WELLTEC A/S.
As of February 8, 2016, Søren Jørgensen has left the board of directors of WELLTEC A/S.
As of December 28, 2015, Annalisa Stupenengo has joined the board of directors of WELLTEC A/S.
As of October 26, 2015, Michael Philipp Bricker has joined the board of directors of WELLTEC A/S.
As of October 26, 2015, Scott Charles Collins has left the board of directors of WELLTEC A/S.
As of October 26, 2015, Johannes Kornelis Jan Sikkens has left the board of directors of WELLTEC A/S.
WELLTEC A/S has published its annual report for 2014. Revenue came to DKK 345,009,000, and the net result was DKK 15,938,000.
WELLTEC A/S has published its annual report for 2013.
WELLTEC A/S has published its annual report for 2012.
As of January 25, 2012, Johannes Kornelis Jan Sikkens has joined the board of directors of WELLTEC A/S.
As of December 31, 2011, Sotirios Theodoros Fivos Lyritzis has left the board of directors of WELLTEC A/S.
As of October 13, 2011, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of WELLTEC A/S.
As of October 13, 2011, REVISIONS- OG FORVALTNINGS- INSTITUTET, AKTIESELSKAB has stepped down as auditor of WELLTEC A/S.
As of April 24, 2008, Scott Charles Collins has joined the board of directors of WELLTEC A/S.
As of April 24, 2008, Thomas Scott Roberts has left the board of directors of WELLTEC A/S.
As of July 27, 2007, Søren Jørgensen has joined the board of directors of WELLTEC A/S.
As of July 27, 2007, Thomas Scott Roberts has joined the board of directors of WELLTEC A/S.
As of July 27, 2007, Sotirios Theodoros Fivos Lyritzis has joined the board of directors of WELLTEC A/S.
As of July 27, 2007, Kai Uli Köppen has left the board of directors of WELLTEC A/S.
As of July 27, 2007, Volker Schmidt has left the board of directors of WELLTEC A/S.
As of July 27, 2007, Antonio Manuel Anglin Alvares Cabral has left the board of directors of WELLTEC A/S.
As of July 27, 2007, Samuel Arnold David Bamford has left the board of directors of WELLTEC A/S.
As of July 27, 2007, Colin Robert Goodall has left the board of directors of WELLTEC A/S.
As of October 25, 2006, Antonio Manuel Anglin Alvares Cabral has joined the board of directors of WELLTEC A/S.
As of October 25, 2006, Colin Robert Goodall has joined the board of directors of WELLTEC A/S.
As of October 21, 2005, Samuel Arnold David Bamford has joined the board of directors of WELLTEC A/S.
As of June 29, 2005, REVISIONS- OG FORVALTNINGS- INSTITUTET, AKTIESELSKAB has been appointed auditor of WELLTEC A/S.
As of June 29, 2005, PKF Munkebo Eriksen Funch, Statsautoriseret Revisionsaktieselskab has stepped down as auditor of WELLTEC A/S.
As of June 29, 2005, Kai Uli Köppen has joined the board of directors of WELLTEC A/S.
As of June 29, 2005, Volker Schmidt has joined the board of directors of WELLTEC A/S.
As of June 29, 2005, Martin Jørgen Flaga has left the board of directors of WELLTEC A/S.
As of June 29, 2005, Marianne Kjær Hallundbæk has left the board of directors of WELLTEC A/S.
As of May 31, 2005, Martin Jørgen Flaga has joined the board of directors of WELLTEC A/S.
As of May 31, 2005, Stephen Kenneth French has left the board of directors of WELLTEC A/S.
As of November 2, 2004, PKF Munkebo Eriksen Funch, Statsautoriseret Revisionsaktieselskab has been appointed auditor of WELLTEC A/S.
As of November 2, 2004, Ove Pensbo-Madsen has stepped down as auditor of WELLTEC A/S.
As of June 30, 2004, Jørgen Hallundbæk has joined the board of directors of WELLTEC A/S.
As of June 30, 2004, Marianne Kjær Hallundbæk has joined the board of directors of WELLTEC A/S.
As of June 30, 2004, Stephen Kenneth French has joined the board of directors of WELLTEC A/S.
As of June 30, 2004, Jørgen Hallundbæk is registered as adm. dir. of WELLTEC A/S.
On June 30, 2004, the company changed its name from WELLTEC ApS to WELLTEC A/S.
On March 5, 1994, the company changed its name from JØRGEN HALLUNDBÆK ApS to WELLTEC ApS.
As of March 4, 1994, A/S PSE 10 NR. 1251 has stepped down as auditor of WELLTEC A/S.
As of September 25, 1989, Ove Pensbo-Madsen has been appointed auditor of WELLTEC A/S.
As of September 25, 1989, A/S PSE 10 NR. 1251 has been appointed auditor of WELLTEC A/S.
WELLTEC A/S was founded on September 25, 1989.
