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W

WESTERN BULK MANAGEMENT AS932 184 265

Shipping
Limited company
Henrik Ibsens gate 100 0255 OSLO, Norge
Transport
/ Shipping
/ 50.201 Freight ocean transport

WESTERN BULK MANAGEMENT AS

Operating
Erverv av og drift av skip, befraktning og formidling av befraktning av skip, samt deltakelse i andre selskaper.
Er erverv av og drift av skip, befraktning og for- midling av befraktning av skip, samt deltagelse i andre selskaper.

Keywords

freight transportshipsforeign shipping

Organization

CEO
TG

Torbjørn Gjervik1985

Chairman of the board
TG

Torbjørn Gjervik1985

Years since formation
31 years
since Feb 19, 1995
Type
Limited company
VAT registered
Yes
Number of employees
52

Ownership

Number of shares and share classes
1,500
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2025
135,757,428
NOK
Annual total result 2025
431,142
NOK
Total equity 2025
59,099,919
NOK
Last update: Jul 14, 2026

Management

Management / administration

NameRoleShares
TG

Torbjørn Gjervik

1985

Managing Director/CEO-

Board

NameRoleShares
TG

Torbjørn Gjervik

1985

Chairman-

Others

NameRoleShares
E
ERNST & YOUNG AS
Auditor-
A
AMESTO ACCOUNTHOUSE SØR AS
Accountant-

Top 10 individual shareholders

NameRoleShares
EG

Erik Gunnar Braathen

1955

-
8.26 %
indirectly
HA

Hans Aasnæs

1963

-
2 %
indirectly
Last update: Jun 29, 2026

Ownership

Company shareholders

NameShare classTotal number of sharesShare
W
WESTERN BULK CHARTERING AS
Ordinary shares
1,500
100 %
Last update: Jun 2, 2025

Group structure

  • AS HOLDING
    Total operating income 2024: NOK 754,000
    Operating profit 2024: NOK -14,395,000
    Employees: 7

Financials

in NOK

Summary

Year20252024202320222021
Total operating income
135,757,428
165,676,950
143,096,891
261,456,996
250,345,889
Annual Total Result
431,142
15,709,860
8,079,267
12,068,731
11,251,281
Total assets
91,197,326
119,462,500
107,715,633
243,060,362
219,480,157
Total liabilities
32,097,407
61,118,627
47,454,082
181,512,129
170,000,656
Total equity
59,099,919
58,343,873
60,261,551
61,548,233
49,479,501

P&L

Year20252024202320222021
Total operating income
135,757,428
165,676,950
143,096,891
261,456,996
250,345,889
Total operating costs
127,957,629
158,176,455
142,331,791
245,020,254
237,207,863
Operating result
7,799,799
7,500,495
765,100
16,436,742
13,138,026
Financial income/costs
-7,471,965
12,719,873
9,661,846
-687,570
1,111,137
Profit before tax
327,834
20,220,368
10,426,946
15,749,172
14,249,163
Total tax & extraordinary income/cost
-103,308
4,510,508
2,347,679
3,680,441
2,997,882
Annual Total Result
431,142
15,709,860
8,079,267
12,068,731
11,251,281

Balance overview

Year20252024202320222021
Total fixed assets
5,110,903
5,472,197
5,329,354
5,004,968
10,719,261
Total current assets
86,086,423
113,990,303
102,386,279
238,055,394
208,760,896
Total assets
91,197,326
119,462,500
107,715,633
243,060,362
219,480,157
Short term debt
31,571,956
59,571,934
45,271,492
177,359,045
162,465,697
Long term debt
525,451
1,546,693
2,182,590
4,153,084
7,534,959
Total liabilities
32,097,407
61,118,627
47,454,082
181,512,129
170,000,656
Contributed capital
21,492,063
21,492,063
21,492,563
21,492,563
21,492,563
Retained earnings
37,607,856
36,851,810
38,768,988
40,055,670
27,986,938
Total equity
59,099,919
58,343,873
60,261,551
61,548,233
49,479,501
Total equity and liabilities
91,197,326
119,462,500
107,715,633
243,060,362
219,480,157

Classification

21st company classification
BETA
Industrial daughter company
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