WESTCO HOLDING AS
Organization
- CEO
- KT
Kirsti Tønnessen1967
- Chairman of the board
- TJ
Trygve Jacobsen1946
- Years since formation
- 7 years
- since Oct 31, 2018
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 31,005
- 3 share classes
- Total number of shareholders
- 5
- 1 company, 4 persons
- Belongs to group of
Financials
- Annual total result 2024
- 65,001,224
- NOK
- Total equity 2024
- 911,152,177
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KT 1967 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
TJ 1946 | Chairman | 40.32 % directly |
TJ 1969 | Board Member | 50 % directly 29.03 % indirectly 20.96 % |
TK 1944 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TJ 1969 | Board Member | 50 % directly 29.03 % indirectly 20.96 % |
TJ 1946 | Chairman | 40.32 % directly |
AG | - | 9.68 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
TJ 1969 | Class B shares | 9,002 | 29.03 % |
TJ 1946 | Class B shares | 6,502 | 20.97 % |
| C-shares | 6,500 | 20.96 % | |
TJ 1946 | A-shares | 6,000 | 19.35 % |
AG | Class B shares | 3,001 | 9.68 % |
Shares owned by the WESTCO HOLDING AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 31,002 | 100 % | |
| Ordinary shares | 3,000 | 100 % | |
| Ordinary shares | 3,000 | 100 % | |
| Ordinary shares | 3,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -110,863Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Annual Total Result | 65,001,224 | 63,335,204 | 43,550,748 | 59,825,241 |
Total assets | 1,108,928,756 | 1,049,005,632 | 1,047,489,343 | 1,066,534,561 |
Total liabilities | 197,776,578 | 122,854,678 | 124,983,644 | 127,734,635 |
Total equity | 911,152,177 | 926,150,954 | 922,505,700 | 938,799,927 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 0 | 0 | 0 | 0 |
Total operating costs | 110,863 | 144,999 | 141,545 | 71,013 |
Operating result | -110,863 | -144,999 | -141,545 | -71,013 |
Financial income/costs | 65,112,087 | 64,424,412 | 44,693,586 | 59,896,253 |
Profit before tax | 65,001,224 | 64,279,413 | 44,552,041 | 59,825,241 |
Total tax & extraordinary income/cost | 0 | 944,209 | 1,001,293 | 0 |
Annual Total Result | 65,001,224 | 63,335,204 | 43,550,748 | 59,825,241 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 982,978,449 | 982,978,449 | 982,978,449 | 982,978,449 |
Total current assets | 125,950,307 | 66,027,183 | 64,510,895 | 83,556,112 |
Total assets | 1,108,928,756 | 1,049,005,632 | 1,047,489,343 | 1,066,534,561 |
Short term debt | 155,081,643 | 90,509,743 | 79,738,709 | 59,734,635 |
Long term debt | 42,694,935 | 32,344,935 | 45,244,935 | 68,000,000 |
Total liabilities | 197,776,578 | 122,854,678 | 124,983,644 | 127,734,635 |
Contributed capital | 17,538,212 | 17,538,212 | 17,228,162 | 17,073,137 |
Retained earnings | 893,613,966 | 908,612,742 | 905,277,538 | 921,726,790 |
Total equity | 911,152,177 | 926,150,954 | 922,505,700 | 938,799,927 |
Total equity and liabilities | 1,108,928,756 | 1,049,005,632 | 1,047,489,343 | 1,066,534,561 |
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