WESTMEK AS
Keywords
repairmaintenanceshipsboatsconversioninspectionroutine maintenancepleasure boatsdrilling rigs
Organization
- CEO
- IT
Inge Tungevåg1970
- Chairman of the board
- ST
Stig Tore Ervik1960
- Years since formation
- 21 years
- since Dec 11, 2004
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 16
Ownership
- Number of shares and share classes
- 10,000
- 1 share class
- Total number of shareholders
- 4
- 1 company, 3 persons
- Belongs to group of
Financials
- Total operating income 2024
- 51,553,368
- NOK
- Annual total result 2024
- 575,904
- NOK
- Total equity 2024
- 9,043,706
- NOK
Last update: Jul 15, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
IT 1970 | Managing Director/CEO | 5 % directly |
Board
| Name | Role | Shares |
|---|---|---|
ST 1960 | Chairman | 26.25 % indirectly |
KM | Board Member | 26.29 % indirectly |
OJ | Board Member | 5 % directly |
RE 1993 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KM | Board Member | 26.29 % indirectly |
ST 1960 | Chairman | 26.25 % indirectly |
ML | - | 5.82 % indirectly |
OJ | Board Member | 5 % directly |
IT 1970 | Managing Director/CEO | 5 % directly |
SE 1985 | - | 4.38 % indirectly |
MK | - | 2.5 % directly |
Last update: Jun 27, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 8,750 | 87.5 % | |
IT 1970 | Ordinary shares | 500 | 5 % |
OJ | Ordinary shares | 500 | 5 % |
MK | Ordinary shares | 250 | 2.5 % |
Shares owned by the WESTMEK AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 30 | 5.88 % | |
| Ordinary shares | 10,000 | 1.32 % | |
| Ordinary shares | 10 | 0.63 % | |
| Ordinary shares | 1,000 | 0.58 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2023: NOK 6,184,297Operating profit 2023: NOK -1,953,808Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 51,553,368 | 68,162,723 | 71,325,854 | 76,572,294 |
Annual Total Result | 575,904 | 5,004,498 | 1,610,839 | 6,084,526 |
Total assets | 34,973,407 | 43,470,739 | 35,341,852 | 39,415,316 |
Total liabilities | 25,929,701 | 27,002,937 | 19,878,548 | 22,508,918 |
Total equity | 9,043,706 | 16,467,802 | 15,463,304 | 16,906,398 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 51,553,368 | 68,162,723 | 71,325,854 | 76,572,294 |
Total operating costs | 50,127,711 | 61,346,986 | 68,997,270 | 68,737,441 |
Operating result | 1,425,657 | 6,815,738 | 2,328,585 | 7,834,853 |
Financial income/costs | -675,016 | -401,551 | -266,514 | -31,358 |
Profit before tax | 750,641 | 6,414,187 | 2,062,071 | 7,803,495 |
Total tax & extraordinary income/cost | 174,737 | 1,409,689 | 451,232 | 1,718,969 |
Annual Total Result | 575,904 | 5,004,498 | 1,610,839 | 6,084,526 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 14,470,630 | 14,881,676 | 15,423,496 | 16,895,718 |
Total current assets | 20,502,777 | 28,589,063 | 19,918,356 | 22,519,599 |
Total assets | 34,973,407 | 43,470,739 | 35,341,852 | 39,415,316 |
Short term debt | 14,251,122 | 21,958,322 | 13,934,720 | 15,874,310 |
Long term debt | 11,678,579 | 5,044,615 | 5,943,828 | 6,634,608 |
Total liabilities | 25,929,701 | 27,002,937 | 19,878,548 | 22,508,918 |
Contributed capital | 3,550,000 | 3,550,000 | 3,550,000 | 3,550,000 |
Retained earnings | 5,493,706 | 12,917,802 | 11,913,304 | 13,356,398 |
Total equity | 9,043,706 | 16,467,802 | 15,463,304 | 16,906,398 |
Total equity and liabilities | 34,973,407 | 43,470,740 | 35,341,852 | 39,415,316 |
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
C
Main industrial area
Manufacturing
33
Activity
Repair and installation of machinery and equipment
33.1
Main industrial group
Repair of fabricated metal products, machinery and equipment
33.15
Industrial group
Repair and maintenance of ships and boats
33.150
Industrial group
Repair and maintenance of ships and boats