WEST SYSTEM NORGE AS
Organization
- CEO
- Chairman of the board
- Years since formation
- 29 years
- since Dec 3, 1996
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 15
Ownership
- Number of shares and share classes
- 150
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 62,349,444
- NOK
- Annual total result 2024
- -2,875,326
- NOK
- Total equity 2024
- 22,853,721
- NOK
Last update: Sep 13, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
| Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
| Chairman | - | |
JS 1988 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
HL | - | 1.79 % indirectly |
JE 1970 | - | 1.41 % indirectly |
PW 1967 | - | 1.12 % indirectly |
Last update: Jul 5, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 150 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -55,000,000Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 62,349,444 | 78,288,661 | 95,607,820 | 116,646,339 |
Annual Total Result | -2,875,326 | -2,850,137 | 118,145 | 10,203,466 |
Total assets | 35,644,802 | 37,975,083 | 48,599,879 | 50,234,511 |
Total liabilities | 12,791,081 | 12,246,036 | 20,020,695 | 21,773,471 |
Total equity | 22,853,721 | 25,729,047 | 28,579,184 | 28,461,039 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 62,349,444 | 78,288,661 | 95,607,820 | 116,646,339 |
Total operating costs | 65,459,106 | 81,309,868 | 94,837,623 | 103,316,257 |
Operating result | -3,109,663 | -3,021,207 | 770,197 | 13,330,082 |
Financial income/costs | -576,652 | -633,383 | -607,957 | -241,434 |
Profit before tax | -3,686,315 | -3,654,590 | 162,240 | 13,088,648 |
Total tax & extraordinary income/cost | -810,989 | -804,453 | 44,095 | 2,885,182 |
Annual Total Result | -2,875,326 | -2,850,137 | 118,145 | 10,203,466 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 3,894,757 | 2,780,947 | 1,793,724 | 996,463 |
Total current assets | 31,750,045 | 35,194,136 | 46,806,155 | 49,238,048 |
Total assets | 35,644,802 | 37,975,083 | 48,599,879 | 50,234,511 |
Short term debt | 12,791,081 | 12,246,036 | 20,020,695 | 21,773,471 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 12,791,081 | 12,246,036 | 20,020,695 | 21,773,471 |
Contributed capital | 150,000 | 150,000 | 150,000 | 150,000 |
Retained earnings | 22,703,721 | 25,579,047 | 28,429,184 | 28,311,039 |
Total equity | 22,853,721 | 25,729,047 | 28,579,184 | 28,461,039 |
Total equity and liabilities | 35,644,802 | 37,975,083 | 48,599,879 | 50,234,511 |
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