WESTCOAST AS
Organization
- CEO
- BF
Bjarte Flem1958
- Chairman of the board
- OH
Owe Høines1972
- Years since formation
- 30 years
- since Mar 12, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 12
Ownership
- Number of shares and share classes
- 52,034
- 1 share class
- Total number of shareholders
- 8
- 5 companies, 3 persons
Financials
- Total operating income 2024
- 1,111,103,028
- NOK
- Annual total result 2024
- 13,186,359
- NOK
- Total equity 2024
- 51,153,823
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
BF 1958 | Managing Director/CEO | 34.69 % directly 4.83 % indirectly 29.86 % |
Board
| Name | Role | Shares |
|---|---|---|
TF | Board Member | 19.39 % directly 8.82 % indirectly 10.57 % |
OH 1972 | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
BF 1958 | Managing Director/CEO | 34.69 % directly 4.83 % indirectly 29.86 % |
TF | Board Member | 19.39 % directly 8.82 % indirectly 10.57 % |
RF | - | 5 % directly |
KS | - | 4.32 % indirectly |
JJ | - | 4.32 % indirectly |
JK 1967 | - | 2.86 % indirectly |
TK | - | 1.02 % indirectly |
Last update: Sep 27, 2024
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 15,537 | 29.86 % | |
| Ordinary shares | 13,977 | 26.86 % | |
| Ordinary shares | 5,500 | 10.57 % | |
TF | Ordinary shares | 4,588 | 8.82 % |
| Ordinary shares | 4,500 | 8.65 % | |
| Ordinary shares | 2,818 | 5.42 % | |
RF | Ordinary shares | 2,601 | 5 % |
BF 1958 | Ordinary shares | 2,513 | 4.83 % |
Shares owned by the WESTCOAST AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 2,818 | 5.42 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,111,103,028 | 930,504,012 | 1,087,019,383 | 834,757,091 |
Annual Total Result | 13,186,359 | 9,016,143 | 18,848,112 | 11,527,001 |
Total assets | 127,973,384 | 150,721,942 | 130,735,788 | 148,112,504 |
Total liabilities | 76,819,561 | 90,422,840 | 79,452,829 | 106,677,657 |
Total equity | 51,153,823 | 60,299,102 | 51,282,959 | 41,434,847 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,111,103,028 | 930,504,012 | 1,087,019,383 | 834,757,091 |
Total operating costs | 1,094,965,535 | 916,382,053 | 1,071,120,263 | 818,892,730 |
Operating result | 16,137,493 | 14,121,959 | 15,899,120 | 15,864,361 |
Financial income/costs | 670,489 | -2,518,144 | 6,811,460 | -1,071,357 |
Profit before tax | 16,807,982 | 11,603,815 | 22,710,580 | 14,793,004 |
Total tax & extraordinary income/cost | 3,621,623 | 2,587,672 | 3,862,468 | 3,266,003 |
Annual Total Result | 13,186,359 | 9,016,143 | 18,848,112 | 11,527,001 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 1,188,448 | 958,407 | 3,177,595 | 2,788,680 |
Total current assets | 126,784,936 | 149,763,535 | 127,558,193 | 145,323,824 |
Total assets | 127,973,384 | 150,721,942 | 130,735,788 | 148,112,504 |
Short term debt | 76,819,561 | 90,422,840 | 79,452,829 | 106,677,657 |
Long term debt | 0 | 0 | 0 | 0 |
Total liabilities | 76,819,561 | 90,422,840 | 79,452,829 | 106,677,657 |
Contributed capital | 3,400,190 | 3,732,910 | 3,732,910 | 3,732,910 |
Retained earnings | 47,753,633 | 56,566,192 | 47,550,049 | 37,701,937 |
Total equity | 51,153,823 | 60,299,102 | 51,282,959 | 41,434,847 |
Total equity and liabilities | 127,973,384 | 150,721,942 | 130,735,788 | 148,112,504 |
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