WESTRE INVEST AS • 934288785 • Ålesund • Real estate activities

This website uses cookies to enhance the user experience.

Goods and trade

WESTRE INVEST AS

Keywords

apartmentsrentalagricultural landagricultural properties

Links

Organization

CEO: KW
Kaj Bang Westre1966
Chairman of the board: AW
Asbjørn Westre1941
Years since formation: 29 years; since Mar 12, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 7

Ownership

Number of shares and share classes: 7,500; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 1,968,337; NOK
Annual total result 2023: -5,133,438; NOK
Total equity 2023: 847,463; NOK

Last update: Aug 29, 2024

Management

Management / administration

Name	Role	Shares
KW Kaj Bang Westre 1966	Managing Director/CEO	38 % indirectly

Board

Name	Role	Shares
AW Asbjørn Westre 1941	Chairman	1 % indirectly
TW Trond Bang Westre 1970	Board Member	30.5 % indirectly
KW Kaj Bang Westre 1966	Board Member	38 % indirectly
TC Thale Cathrine Bang Westre 1968	Board Member	30.5 % indirectly

Others

Name	Role	Shares
K KPMG AS	Auditor	-
A ADMENTO AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
KW Kaj Bang Westre 1966	Managing Director/CEO, Board Member	38 % indirectly
TW Trond Bang Westre 1970	Board Member	30.5 % indirectly
TC Thale Cathrine Bang Westre 1968	Board Member	30.5 % indirectly
AW Asbjørn Westre 1941	Chairman	1 % indirectly

Last update: Jan 11, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
W WESTRE HOLDING AS	Ordinary shares	7,500	100 %

Shares owned by the WESTRE INVEST AS

Name	Share class	Number of shares	Share
W WESTRE DISTRIKT AS	A-shares	3,000	100 %
O ORION EIENDOM AS	Ordinary shares	120	100 %
B BEDRIFTSSERVICE BYGG AS	Ordinary shares	500	100 %
B BYGGTORGET EIENDOM AS	Ordinary shares	6,042	100 %
M MØRE BOLIG AS	A-shares	1,000	100 %
W WESTRE EIENDOMSSELSKAP AS	Class B shares	60	60 %
L LW ESTATE AS	Ordinary shares	20,000	50 %
P PIR ÅLESUND AS	Ordinary shares	12,500	25 %
P PIR II EIENDOM AS	Ordinary shares	1,250	25 %
A ARENA OVERØYE AS	Ordinary shares	1,500	21.07 %
Å ÅLESUND BYUTVIKLING AS	Ordinary shares	431,359	8.46 %
S SPESIALISTBEDRIFTEN AS	Ordinary shares	50	4.35 %

Last update: May 24, 2024

Group structure

WESTRE HOLDING AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -325,644
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	1,968,337	2,531,653	2,729,301
Annual Total Result	-5,133,438	-6,448,480	-6,613,553
Total assets	100,854,290	101,934,140	92,743,258
Total liabilities	100,006,827	98,556,348	89,256,986
Total equity	847,463	3,377,791	3,486,272

P&L

Year	2023	2022	2021
Total operating income	1,968,337	2,531,653	2,729,301
Total operating costs	5,677,097	7,379,332	7,946,774
Operating result	-3,708,761	-4,847,679	-5,217,473
Financial income/costs	-3,146,668	-3,415,046	-3,257,272
Profit before tax	-6,855,429	-8,262,725	-8,474,746
Total tax & extraordinary income/cost	-1,721,991	-1,814,245	-1,861,193
Annual Total Result	-5,133,438	-6,448,480	-6,613,553

Balance overview

Year	2023	2022	2021
Total fixed assets	96,300,256	94,265,689	89,465,377
Total current assets	4,554,033	7,668,450	3,277,880
Total assets	100,854,290	101,934,140	92,743,258
Short term debt	70,206,827	72,556,348	63,856,986
Long term debt	29,800,000	26,000,000	25,400,000
Total liabilities	100,006,827	98,556,348	89,256,986
Contributed capital	8,833,224	8,833,224	8,833,224
Retained earnings	-7,985,762	-5,455,433	-5,346,953
Total equity	847,463	3,377,791	3,486,272
Total equity and liabilities	100,854,290	101,934,140	92,743,258

Classification

Category

Goods and trade

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

L

Main industrial area

Real estate activities

68

Activity

Real estate activities

68.2

Main industrial group

Renting and operating of own or leased real estate

68.20

Industrial group

Renting and operating of own real estate

68.209

Industrial group

Other letting of real estate