WESTCOAT AS
Organization
- CEO
- KG
- Chairman of the board
- EK
- Years since formation
- 17 years
- since Sep 24, 2008
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 52
Ownership
- Number of shares and share classes
- 140
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 23,435,948
- NOK
- Annual total result 2024
- 381,778
- NOK
- Total equity 2024
- 3,685,964
- NOK
Last update: Sep 13, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KG | Managing Director/CEO | 13.33 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
EK | Chairman | 60 % indirectly |
| Board Member | 13.33 % indirectly | |
KG | Board Member | 13.33 % indirectly |
TG | Alternate Member | - |
EG | Alternate Member | 13.33 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
EK | Chairman | 60 % indirectly |
EG | Alternate Member | 13.33 % indirectly |
| Board Member | 13.33 % indirectly | |
KG | Managing Director/CEO, Board Member | 13.33 % indirectly |
Last update: Nov 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 140 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 5,208,165Operating profit 2024: NOK 920,426Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 23,435,948 | 17,469,604 | 14,732,122 | 21,769,257 |
Annual Total Result | 381,778 | 62,959 | 1,894 | -407,368 |
Total assets | 6,716,339 | 6,751,130 | 4,869,356 | 5,400,281 |
Total liabilities | 3,030,375 | 3,446,944 | 2,303,418 | 2,840,460 |
Total equity | 3,685,964 | 3,304,186 | 2,565,939 | 2,559,821 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 23,435,948 | 17,469,604 | 14,732,122 | 21,769,257 |
Total operating costs | 23,080,923 | 17,455,290 | 14,749,407 | 22,616,485 |
Operating result | 355,025 | 14,314 | -17,286 | -847,228 |
Financial income/costs | 134,414 | 69,185 | 19,714 | 324,962 |
Profit before tax | 489,439 | 83,499 | 2,428 | -522,266 |
Total tax & extraordinary income/cost | 107,661 | 20,540 | 534 | -114,898 |
Annual Total Result | 381,778 | 62,959 | 1,894 | -407,368 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 1,503,631 | 1,614,995 | 1,034,288 | 1,373,065 |
Total current assets | 5,212,708 | 5,136,135 | 3,835,068 | 4,027,216 |
Total assets | 6,716,339 | 6,751,130 | 4,869,356 | 5,400,281 |
Short term debt | 3,030,375 | 3,446,944 | 2,303,418 | 2,840,460 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 3,030,375 | 3,446,944 | 2,303,418 | 2,840,460 |
Contributed capital | 1,739,354 | 1,739,354 | 1,064,066 | 1,064,066 |
Retained earnings | 1,946,610 | 1,564,832 | 1,501,873 | 1,495,755 |
Total equity | 3,685,964 | 3,304,186 | 2,565,939 | 2,559,821 |
Total equity and liabilities | 6,716,339 | 6,751,130 | 4,869,356 | 5,400,281 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises