WESTERN BULK CHARTERING AS

Operating

Eie, leie og drive skip, befraktning og operatørvirksomhet, tilretteleggelse av og deltagelse i finansielle transaksjoner og alt som står i naturlig forbindelse med ovennevnte, herunder deltagelse i selskaper med lignende virksomhet.

Eie, leie og drive skip, befrakting og operatørvirksomhet, tilretteleggelse av og deltagelse i finansielle transaksjoner, herunder deltagelse i selskaper med lignende virksomhet.

Keywords

freight transportshipsforeign shipping

Organization

CEO: TG
Torbjørn Gjervik1985
Chairman of the board: GJ
Gunnar Jacobsen1977
Years since formation: 18 years; since Jul 7, 2008
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 33,619,715; 1 share class
Total number of shareholders: 819; 127 companies, 692 persons
Belongs to group of

Financials

Total operating income 2025: -411,220; NOK
Annual total result 2025: 2,958,880; NOK
Total equity 2025: 35,263,346; NOK

Last update: Jul 8, 2026

Management

Management / administration

Name	Role	Shares
TG Torbjørn Gjervik 1985	Managing Director/CEO	-

Board

Name	Role	Shares
GJ Gunnar Jacobsen 1977	Chairman	-
KU Karin Ulrika Laurin 1970	Board Member	-
BC Betina Charlotte Nygaard 1968	Board Member	-
EÅ Espen Åbø 1966	Board Member	-
OM Otto Moltke-Hansen 1994	Board Member	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
SC Sveaas Christen 1956	-	68.62 % indirectly
GB Gunnar Braathen Erik 1955	-	8.26 % indirectly
AH Aasnæs Hans 1963	-	2 % directly 0.1 % indirectly 1.9 %

Last update: Jun 24, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
K KISTEFOS EQUITY HOLDINGS AS	Ordinary shares	22,893,152	68.09 %
S SAYONARA AS	Ordinary shares	2,776,792	8.26 %
Ø ØRA INDUSTRIER AS	Ordinary shares	640,000	1.9 %
S STIFTELSEN KISTEFOS-MUSEETS DRIFTSFOND	Ordinary shares	266,666	0.79 %
N NORDNET LIVSFORSIKRING AS	Ordinary shares	236,258	0.7 %
G GUNTVEDT HOLDING AS	Ordinary shares	200,053	0.6 %
K KISTEFOS INVESTMENT AS	Ordinary shares	200,000	0.59 %
H HANS EIENDOM AS	Ordinary shares	200,000	0.59 %
C COLORADO EIENDOM AS	Ordinary shares	190,000	0.57 %
AL Andre Lade Petter 1976	Ordinary shares	187,000	0.56 %
HD Halvorsen Dag 1962	Ordinary shares	179,688	0.53 %
A ANDERS SVEAAS' ALMENNYTTIGE FOND STI	Ordinary shares	166,666	0.5 %
V VALLETUA AS	Ordinary shares	153,611	0.46 %
GT Gjervik Torbjørn 1985	Ordinary shares	133,026	0.4 %
K KTHU AS	Ordinary shares	97,000	0.29 %
HP Holtermann Peder 1961	Ordinary shares	73,157	0.22 %
I IB HOLDING AS	Ordinary shares	68,990	0.21 %
G GUJAC HOLDING AS	Ordinary shares	66,666	0.2 %
B BORKEN AS	Ordinary shares	66,666	0.2 %
F FREDRIKS INVEST AS	Ordinary shares	64,427	0.19 %
A AS WINGANA	Ordinary shares	50,324	0.15 %
B BÅTSTØA AS	Ordinary shares	50,000	0.15 %
P PENSJONSPAR AS	Ordinary shares	50,000	0.15 %
O OKLA AS	Ordinary shares	50,000	0.15 %
SH Synnes Henrik 1992	Ordinary shares	44,444	0.13 %
AK Andre Krogsmyr Thomas 1987	Ordinary shares	40,939	0.12 %
B BARRUS CAPITAL AS	Ordinary shares	37,000	0.11 %
GL Gjestang Larsen Jonas 1985	Ordinary shares	35,245	0.1 %
AH Aasnæs Hans 1963	Ordinary shares	32,637	0.1 %
C CAKA AS	Ordinary shares	30,000	0.09 %
E EB MONTASJE AS	Ordinary shares	30,000	0.09 %
GV Gjervik Vidar 1959	Ordinary shares	28,500	0.08 %
PP Pettersvold Per-Erik 1966	Ordinary shares	28,000	0.08 %
AT Astrup Tschudi Ragnhild 1962	Ordinary shares	26,000	0.08 %
BD Bastac Dragutin 1950	Ordinary shares	25,806	0.08 %
J JOTUNFJELL AS	Ordinary shares	25,611	0.08 %
HO Hylland Odd 1967	Ordinary shares	25,000	0.07 %
S SOGNEFJELL AS	Ordinary shares	24,000	0.07 %
S SVERRE F. WORREN AS	Ordinary shares	24,000	0.07 %
B BUSS INVEST AS	Ordinary shares	21,000	0.06 %
BS Bjarte Sårheim Helge 1954	Ordinary shares	20,599	0.06 %
HB Helge Bjørseth Bjørn 1969	Ordinary shares	20,567	0.06 %
RO Reite Ole 1954	Ordinary shares	20,000	0.06 %
U UNNE INVEST AS	Ordinary shares	20,000	0.06 %
A AUTO SPAR AS	Ordinary shares	19,500	0.06 %
O OAVIK CAPITAL AS	Ordinary shares	18,000	0.05 %
G GYLJANDI AS	Ordinary shares	16,990	0.05 %
K KINGMAKERS AS	Ordinary shares	16,841	0.05 %
E EXB INVEST AS	Ordinary shares	16,666	0.05 %
B BERGVEGG AS	Ordinary shares	16,666	0.05 %
Q QUAESTOR FORVALTNING AS	Ordinary shares	16,100	0.05 %
TB Thore Berge Geir 1975	Ordinary shares	15,185	0.05 %
E EXCELSIOR AS	Ordinary shares	15,000	0.04 %
MK Moen Kjetil 1965	Ordinary shares	15,000	0.04 %
KO Karolina Orleanski Anna 1986	Ordinary shares	15,000	0.04 %
GS Gunnar Søiland Per 1942	Ordinary shares	14,858	0.04 %
SV Skjerven Veie-Rosvoll Jørgen 1994	Ordinary shares	14,413	0.04 %
VA Vermeij Arnoud 1981	Ordinary shares	13,935	0.04 %
FW Fridemann Worren Sverre 1939	Ordinary shares	13,000	0.04 %
T TEMTE INVEST AS	Ordinary shares	12,802	0.04 %
SG Sigvart Guntvedt Ivar 1950	Ordinary shares	12,500	0.04 %
TN Tien Nguyen Thanh 1968	Ordinary shares	12,317	0.04 %
MH Martin Hovland Frode 1981	Ordinary shares	12,000	0.04 %
T TINI INVEST AS	Ordinary shares	11,389	0.03 %
A ARCANUM EIENDOM AS	Ordinary shares	11,115	0.03 %
E EIMUND ØVSTHUS AS	Ordinary shares	11,000	0.03 %
G GEVIR INVEST AS	Ordinary shares	10,685	0.03 %
M MCE HOLDING AS	Ordinary shares	10,535	0.03 %
M MEXICO INVEST AS	Ordinary shares	10,000	0.03 %
FD Fazli Demirbas Cemal 1971	Ordinary shares	10,000	0.03 %
M MEDICI CAPITAL MANAGEMENT AS	Ordinary shares	10,000	0.03 %
N NYLAND HOLDING AS	Ordinary shares	10,000	0.03 %
FK Fredrik Kværner Huseby Kristian 1987	Ordinary shares	10,000	0.03 %
SS Særen Stian 1969	Ordinary shares	10,000	0.03 %
A ANKIROHO AS	Ordinary shares	10,000	0.03 %
LA Lystad Aursund Markus 1983	Ordinary shares	10,000	0.03 %
FH Førdedal Harald 1967	Ordinary shares	10,000	0.03 %
S STIFTELSEN STAVANGER SØEMANDS- FORENINGS LEGATER	Ordinary shares	10,000	0.03 %
MM Mikkelsen Martin 1969	Ordinary shares	10,000	0.03 %
JL Johan Langåker Kåre 1958	Ordinary shares	10,000	0.03 %
I INITIO INVEST AS	Ordinary shares	10,000	0.03 %
A ASCENDING AS	Ordinary shares	10,000	0.03 %
ØM Øyvind Mohn Finn 1971	Ordinary shares	9,980	0.03 %
D DREVFJELL AS	Ordinary shares	9,635	0.03 %
RL Rui Løvaas Daniel 1994	Ordinary shares	9,500	0.03 %
MH Magne Høines Odd 1943	Ordinary shares	9,476	0.03 %
AL Arne Loen Leif 1972	Ordinary shares	9,450	0.03 %
SJ Shi Jian 1971	Ordinary shares	9,380	0.03 %
HK Hennie Kveinå Thea 1967	Ordinary shares	9,012	0.03 %
EO Edvardsen Odd 1939	Ordinary shares	9,000	0.03 %
CH Christian Haglev Eiler 1953	Ordinary shares	8,999	0.03 %
A APHEX STINGER AS	Ordinary shares	8,905	0.03 %
NK Nilsen Kenneth 1969	Ordinary shares	8,774	0.03 %
LS Lieberg Simen 1981	Ordinary shares	8,659	0.03 %
AF Alexandra Friis Caroline 1986	Ordinary shares	8,585	0.03 %
SH Schjelderup Haaland Håvard 1991	Ordinary shares	8,522	0.03 %
SL Schwalb Lars 1967	Ordinary shares	8,300	0.02 %
MS Morten Sætra Roy 1958	Ordinary shares	8,000	0.02 %
MH Martin Hermelin Ulf 1979	Ordinary shares	8,000	0.02 %
A AS BJARTLAND	Ordinary shares	7,775	0.02 %

Shares owned by the WESTERN BULK CHARTERING AS

Name	Share class	Total number of shares	Share
W WESTERN BULK MANAGEMENT AS	Ordinary shares	1,500	100 %
W WESTERN BULK COMMERCE AS	Ordinary shares	3,000	100 %
M MW & PARTNERS 1 AS	Ordinary shares	9,000	100 %
W WESTERN BULK CARRIERS AS	Ordinary shares	1	100 %

Last update: Sep 25, 2026

Group structure

AS HOLDING
Total operating income 2025: NOK 1,784,000
Operating profit 2025: NOK -143,137,000
Employees: 7

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	-411,220	-128,829	707,172	1,778,549	565,666
Annual Total Result	2,958,880	-8,845,613	20,127,719	22,849,970	63,961,784
Total assets	68,968,938	73,029,726	62,443,228	100,729,474	166,042,953
Total liabilities	33,705,592	36,425,260	16,993,148	75,407,113	114,570,562
Total equity	35,263,346	36,604,466	45,450,080	25,322,361	51,472,391

P&L

Year	2025	2024	2023	2022	2021
Total operating income	-411,220	-128,829	707,172	1,778,549	565,666
Total operating costs	1,626,623	1,583,119	-3,501,899	6,400,091	289,971
Operating result	-2,037,843	-1,711,948	4,209,071	-4,621,542	275,695
Financial income/costs	5,628,829	-7,511,351	15,918,648	27,753,731	66,468,292
Profit before tax	3,590,986	-9,223,299	20,127,719	23,132,189	66,743,987
Total tax & extraordinary income/cost	632,106	-377,686	0	282,219	2,782,203
Annual Total Result	2,958,880	-8,845,613	20,127,719	22,849,970	63,961,784

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	33,153,211	30,962,414	39,337,198	34,084,738	95,761,996
Total current assets	35,815,727	42,067,312	23,106,030	66,644,736	70,280,957
Total assets	68,968,938	73,029,726	62,443,228	100,729,474	166,042,953
Short term debt	33,705,592	36,425,260	16,993,148	75,407,113	114,570,562
Long term debt	0	0	0	0	0
Total liabilities	33,705,592	36,425,260	16,993,148	75,407,113	114,570,562
Contributed capital	12,472,391	12,472,391	12,472,391	12,472,391	51,472,391
Retained earnings	22,790,955	24,132,075	32,977,689	12,849,970	0
Total equity	35,263,346	36,604,466	45,450,080	25,322,361	51,472,391
Total equity and liabilities	68,968,938	73,029,726	62,443,228	100,729,474	166,042,953

Classification

21st company classification

BETA

Industrial daughter company

WESTERN BULK CHARTERING AS892 873 232