WELCO ECO SHIP AS • 917120013 • Bergen • Water transport

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/ 50.201 Freight ocean transport

WELCO ECO SHIP AS

Keywords

freight transportshipsforeign shipping

Organization

CEO: BU
Bernt Ulrich August Muller1954
Chairman of the board: BJ
Bernt Jacob Schwings Pettersen1954
Years since formation: 9 years; since May 2, 2016
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 100; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2024: 18,019,050; NOK
Annual total result 2024: 4,126,898; NOK
Total equity 2024: 31,895,613; NOK

Last update: Jul 21, 2025

Management

Management / administration

Name	Role	Shares
BU Bernt Ulrich August Muller 1954	Managing Director/CEO	-

Board

Name	Role	Shares
BJ Bernt Jacob Schwings Pettersen 1954	Chairman	-
RW Rolf Westfal-Larsen 1943	Board Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
VW Vibeke Westfal-Larsen 1976	-	12.53 % indirectly
MW Marit Westfal-Larsen 1969	-	12.53 % indirectly
KW Karianne Westfal-Larsen 1969	-	11.37 % indirectly
HW Helene Westfal-Larsen 1975	-	11.37 % indirectly
MW Morten Westfal-Larsen 1971	-	11.37 % indirectly
KW Karen-Margrethe Westfal-Larsen 1936	-	4.34 % indirectly

Last update: Apr 13, 2023

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
W WELCO ECO SHIPHOLDING AS	Ordinary shares	100	100 %

Last update: Jun 2, 2025

Group structure

SKIBSAKTIESELSKAPET NAVIGATION CO LTD
Total operating income 2024: NOK 18,074,000
Operating profit 2024: NOK 753,000
Employees: 0

Financials

in NOK

Summary

Year	2024	2023	2022	2021
Total operating income	18,019,050	17,991,439	18,034,663	17,756,466
Annual Total Result	4,126,898	0	3,988,593	0
Total assets	83,449,432	84,715,946	89,573,694	89,934,904
Total liabilities	51,553,819	56,947,230	66,486,922	65,836,724
Total equity	31,895,613	0	0	0

P&L

Year	2024	2023	2022	2021
Total operating income	18,019,050	17,991,439	18,034,663	17,756,466
Total operating costs	11,389,896	10,807,701	10,582,354	11,037,544
Operating result	6,629,155	7,183,738	7,452,309	6,718,922
Financial income/costs	-2,502,256	-2,501,794	-3,463,716	-3,773,444
Profit before tax	4,126,898	4,681,944	3,988,593	2,945,478
Total tax & extraordinary income/cost	0	4,681,944	0	2,945,478
Annual Total Result	4,126,898	0	3,988,593	0

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	67,047,588	0	0	0
Total current assets	16,401,845	14,037,273	15,086,085	11,683,299
Total assets	83,449,432	84,715,946	89,573,694	89,934,904
Short term debt	6,820,135	6,995,768	11,354,231	6,160,074
Long term debt	44,733,684	0	0	0
Total liabilities	51,553,819	56,947,230	66,486,922	65,836,724
Contributed capital	18,103,683	27,768,716	23,086,772	24,098,179
Retained earnings	13,791,930	9,665,033	4,983,089	5,994,496
Total equity	31,895,613	0	0	0
Total equity and liabilities	83,449,432	84,715,946	89,573,694	89,934,904

Classification

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

H

Main industrial area

Transportation and storage

50

Activity

Water transport

50.2

Main industrial group

Sea and coastal freight water transport

50.20

Industrial group

Sea and coastal freight water transport

50.201

Industrial group

Freight ocean transport