WESTRE HOLDING AS • 988963798 • Ålesund • Real estate activities

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Goods and trade

WESTRE HOLDING AS

Westregruppen

Keywords

apartmentsrentalagricultural landagricultural properties

Links

Organization

CEO: KW
Kaj Bang Westre1966
Chairman of the board: AW
Asbjørn Westre1941
Years since formation: 19 years; since Jan 11, 2006
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 5,000; 2 share classes
Total number of shareholders: 8; persons
Belongs to group of

Financials

Annual total result 2023: 2,743,608; NOK
Total equity 2023: 138,432,283; NOK

Last update: Sep 11, 2024

Management

Management / administration

Name	Role	Shares
KW Kaj Bang Westre 1966	Managing Director/CEO	38 % directly

Board

Name	Role	Shares
AW Asbjørn Westre 1941	Chairman	1 % directly
KW Kaj Bang Westre 1966	Board Member	38 % directly
TW Trond Bang Westre 1970	Board Member	30.5 % directly
LO Lisbeth Oddrun Drevik Sørefjord 1957	Board Member	-

Others

Name	Role	Shares
K KPMG AS	Auditor	-
A ADMENTO AS	Accountant	-

Top 10 individual shareholders

Name	Role	Shares
KW Kaj Bang Westre 1966	Managing Director/CEO, Board Member	38 % directly
TW Trond Bang Westre 1970	Board Member	30.5 % directly
TC Thale Cathrine Bang Westre 1968	-	30.5 % directly
AW Asbjørn Westre 1941	Chairman	1 % directly

Last update: Jan 11, 2024

Ownership

Company shareholders

Name	Share class	Number of shares	Share
KW Kaj Bang Westre 1966	Class B shares	1,897	37.94 %
TW Trond Bang Westre 1970	Class B shares	1,523	30.46 %
TC Thale Cathrine Bang Westre 1968	Class B shares	1,523	30.46 %
AW Asbjørn Westre 1941	Class B shares	46	0.92 %
AW Asbjørn Westre 1941	A-shares	4	0.08 %
KW Kaj Bang Westre 1966	A-shares	3	0.06 %
TC Thale Cathrine Bang Westre 1968	A-shares	2	0.04 %
TW Trond Bang Westre 1970	A-shares	2	0.04 %

Shares owned by the WESTRE HOLDING AS

Name	Share class	Number of shares	Share
W WESTRE INVEST AS	Ordinary shares	7,500	100 %
N NMK HOLDING AS	Ordinary shares	5,485,950	21.18 %

Last update: May 24, 2024

Group structure

WESTRE HOLDING AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -325,644
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	0	0	0
Annual Total Result	2,743,608	19,257,015	5,629,796
Total assets	275,111,234	287,042,048	284,302,798
Total liabilities	136,678,951	148,609,765	152,929,996
Total equity	138,432,283	138,432,283	131,372,802

P&L

Year	2023	2022	2021
Total operating income	0	0	0
Total operating costs	325,644	246,798	277,247
Operating result	-325,644	-246,798	-277,247
Financial income/costs	3,843,089	20,687,731	7,077,696
Profit before tax	3,517,446	20,440,934	6,800,449
Total tax & extraordinary income/cost	773,838	1,183,919	1,170,653
Annual Total Result	2,743,608	19,257,015	5,629,796

Balance overview

Year	2023	2022	2021
Total fixed assets	150,363,588	155,445,081	152,976,207
Total current assets	124,747,646	131,596,967	131,326,591
Total assets	275,111,234	287,042,048	284,302,798
Short term debt	10,895,254	25,570,498	26,428,230
Long term debt	125,783,697	123,039,267	126,501,766
Total liabilities	136,678,951	148,609,765	152,929,996
Contributed capital	6,100,000	6,100,000	6,100,000
Retained earnings	132,332,283	132,332,283	125,272,802
Total equity	138,432,283	138,432,283	131,372,802
Total equity and liabilities	275,111,234	287,042,048	284,302,798

Classification

Category

Goods and trade

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

L

Main industrial area

Real estate activities

68

Activity

Real estate activities

68.2

Main industrial group

Renting and operating of own or leased real estate

68.20

Industrial group

Renting and operating of own real estate

68.209

Industrial group

Other letting of real estate