WELCO ECO SHIPHOLDING AS • 917120021 • Bergen • Water transport

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/ 50.201 Freight ocean transport

WELCO ECO SHIPHOLDING 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

Annual total result 2024: 2,494; NOK
Total equity 2024: 150,003,608; NOK

Last update: Sep 9, 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
RW Rolf Westfal-Larsen 1972	-	12.53 % indirectly
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
S SKIBSAKTIESELSKAPET NAVIGATION CO LTD	Ordinary shares	100	100 %

Shares owned by the WELCO ECO SHIPHOLDING AS

Name	Share class	Total number of shares	Share
W WELCO ECO SHIP 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	0	0	0	0
Annual Total Result	2,494	-23,917	19,307	-11,107
Total assets	150,016,696	151,394,257	151,417,769	151,387,774
Total liabilities	13,088	1,393,144	12,739	566
Total equity	150,003,608	150,001,113	151,405,030	151,387,209

P&L

Year	2024	2023	2022	2021
Total operating income	0	0	0	0
Total operating costs	73,626	74,427	64,713	31,673
Operating result	-73,626	-74,427	-64,713	-31,673
Financial income/costs	85,719	63,654	92,781	21,132
Profit before tax	12,093	-10,773	28,068	-10,541
Total tax & extraordinary income/cost	9,599	13,144	8,761	566
Annual Total Result	2,494	-23,917	19,307	-11,107

Balance overview

Year	2024	2023	2022	2021
Total fixed assets	149,718,810	149,718,810	149,718,810	149,718,810
Total current assets	297,886	1,675,447	1,698,959	1,668,964
Total assets	150,016,696	151,394,257	151,417,769	151,387,774
Short term debt	13,088	1,393,144	12,739	566
Long term debt	0	0	0	0
Total liabilities	13,088	1,393,144	12,739	566
Contributed capital	149,991,075	149,991,075	149,991,075	149,991,075
Retained earnings	12,532	10,038	1,413,955	1,396,134
Total equity	150,003,608	150,001,113	151,405,030	151,387,209
Total equity and liabilities	150,016,696	151,394,257	151,417,769	151,387,774

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