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THOR WESTAD AS917 314 357

Purchase and sale
Limited company
Nesbruveien 82B 1394 NESBRU, Norge
Goods and trade
/ Purchase and sale
/ 46.620 Wholesale of machine tools

THOR WESTAD AS

Operating
Import/eksport, salg av teknisk utstyr og instrumenter samt teknisk agentur- og konsulentvirksomhet, utleie samt deltagelse i andre selskaper.
Drift av fast eiendom, omsetning og utleie av disse, agenturvirksomhet, ingeniørservice samt deltagelse i andre selskaper.

Keywords

machinesmachine toolsmachiningwoodmetalmotor drivenelectric drivenhand toolscomputerized machine tools

Organization

CEO
RW

Roar Westad1944

Chairman of the board
RW

Roar Westad1944

Years since formation
30 years
since Feb 19, 1995
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
15
1 share class
Total number of shareholders
1
person
Belongs to group of

Financials

Total operating income 2024
2,297,657
NOK
Annual total result 2024
941,636
NOK
Total equity 2024
55,537,787
NOK
Last update: Sep 9, 2025

Management

Management / administration

NameRoleShares
RW

Roar Westad

1944

Managing Director/CEO
100 %
directly

Board

NameRoleShares
RW

Roar Westad

1944

Chairman
100 %
directly
KT

Katherine Thu Van Nguyen Chow

1975

Resigned		Alternate Member-

Others

NameRoleShares
S
STIANSEN & CO AS
Auditor-
A
AK-REGNSKAP AS
Accountant-

Top 10 individual shareholders

NameRoleShares
RW

Roar Westad

1944

Managing Director/CEO, Chairman
100 %
directly
Last update: Oct 25, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
RW

Roar Westad

1944

Ordinary shares
15
100 %

Shares owned by the THOR WESTAD AS

NameShare classTotal number of sharesShare
I
ING WESTAD AS
Ordinary shares
1,000
100 %
Last update: Jun 2, 2025

Group structure

  • THOR WESTAD AS
    Total operating income 2024: NOK 2,297,657
    Operating profit 2024: NOK 682,215
    Employees: 0

Financials

in NOK

Summary

Year2024202320222021
Total operating income
2,297,657
9,812,621
1,495,137
1,481,647
Annual Total Result
941,636
6,886,445
127,103
111,171
Total assets
72,155,633
76,181,409
53,931,733
52,814,914
Total liabilities
16,617,846
21,585,258
6,222,026
5,232,311
Total equity
55,537,787
54,596,151
47,709,707
47,582,604

P&L

Year2024202320222021
Total operating income
2,297,657
9,812,621
1,495,137
1,481,647
Total operating costs
1,615,442
2,158,937
1,506,810
1,407,934
Operating result
682,215
7,653,684
-11,673
73,714
Financial income/costs
527,918
984,522
170,741
65,878
Profit before tax
1,210,132
8,638,206
159,068
139,592
Total tax & extraordinary income/cost
268,496
1,751,761
31,965
28,421
Annual Total Result
941,636
6,886,445
127,103
111,171

Balance overview

Year2024202320222021
Total fixed assets
61,146,919
61,552,152
38,786,076
39,085,105
Total current assets
11,008,714
14,629,257
15,145,657
13,729,809
Total assets
72,155,633
76,181,409
53,931,733
52,814,914
Short term debt
795,077
652,955
841,553
365,498
Long term debt
15,822,769
20,932,303
5,380,473
4,866,813
Total liabilities
16,617,846
21,585,258
6,222,026
5,232,311
Contributed capital
1,350,000
1,350,000
1,350,000
1,350,000
Retained earnings
54,187,787
53,246,151
46,359,707
46,232,604
Total equity
55,537,787
54,596,151
47,709,707
47,582,604
Total equity and liabilities
72,155,633
76,181,409
53,931,733
52,814,914

Classification

21st company classification
BETA
Small company
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
G
Main industrial area
Wholesale and retail trade; repair of motor vehicles and motorcycles
46
Activity
Wholesale trade, except of motor vehicles and motorcycles
46.6
Main industrial group
Wholesale of machinery, equipment and supplies
46.62
Industrial group
Wholesale of machine tools
46.620
Industrial group
Wholesale of machine tools