ING WESTAD AS
Operating
Distributør av industrielle komponenter - Ing. Westad
Ing Westad AS leverer komponenter av høy kvalitet til olje- og gassindustrien, maritim industri, næringsmiddelindustrien og medisinsk sektor
Handel, produksjon av teknisk utstyr, samt enhver virksomhet som står
i forbindelse med dette.
Drive handel agenturvirksomhet, produksjon av
teknisk utstyr samt ingeniørtjenester og virksom-
heter i forbindelse med dette samt deltagelse i
andre selskaper med tilsvarende virksomhet.
Keywords
machinesmachine toolsmachiningwoodmetalmotor drivenelectric drivenhand toolscomputerized machine tools
Organization
- CEO
- HH
Helge Hollerud1965
- Chairman of the board
- RW
Roar Westad1944
- Years since formation
- 31 years
- since Mar 12, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2025
- 27,860,519
- NOK
- Annual total result 2025
- 2,192,734
- NOK
- Total equity 2025
- 14,705,432
- NOK
Last update: Jun 13, 2026
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
HH 1965 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
RW 1944 | Chairman | 100 % indirectly |
HH 1965 | Board Member | - |
LW | Board Member | - |
TM | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
RW 1944 | Chairman | 100 % indirectly |
Last update: Feb 17, 2026
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2025: NOK 5,316,873Operating profit 2025: NOK 3,970,352Employees: 0
Financials
in NOK
Summary
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 27,860,519 | 32,406,466 | 21,638,737 | 16,211,055 | 19,445,734 |
Annual Total Result | 2,192,734 | 2,863,353 | 1,197,801 | 899,622 | 1,304,418 |
Total assets | 18,697,045 | 16,027,690 | 12,090,918 | 11,501,454 | 9,383,589 |
Total liabilities | 3,991,614 | 3,514,992 | 2,441,573 | 2,394,910 | 1,176,667 |
Total equity | 14,705,432 | 12,512,698 | 9,649,345 | 9,106,543 | 8,206,922 |
P&L
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 27,860,519 | 32,406,466 | 21,638,737 | 16,211,055 | 19,445,734 |
Total operating costs | 25,158,376 | 28,912,141 | 20,040,442 | 15,000,532 | 18,046,758 |
Operating result | 2,702,143 | 3,494,325 | 1,598,295 | 1,210,524 | 1,398,976 |
Financial income/costs | 117,713 | 186,733 | -61,790 | -56,941 | -61,047 |
Profit before tax | 2,819,857 | 3,681,058 | 1,536,505 | 1,153,583 | 1,337,929 |
Total tax & extraordinary income/cost | 627,123 | 817,705 | 338,704 | 253,961 | 33,511 |
Annual Total Result | 2,192,734 | 2,863,353 | 1,197,801 | 899,622 | 1,304,418 |
Balance overview
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total fixed assets | 95,959 | 65,333 | 29,541 | 47,932 | 18,497 |
Total current assets | 18,601,086 | 15,962,357 | 12,061,377 | 11,453,521 | 9,365,092 |
Total assets | 18,697,045 | 16,027,690 | 12,090,918 | 11,501,454 | 9,383,589 |
Short term debt | 3,991,614 | 3,514,992 | 2,441,573 | 2,394,910 | 1,176,667 |
Long term debt | 0 | 0 | 0 | 0 | 0 |
Total liabilities | 3,991,614 | 3,514,992 | 2,441,573 | 2,394,910 | 1,176,667 |
Contributed capital | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 | 1,600,000 |
Retained earnings | 13,105,432 | 10,912,698 | 8,049,345 | 7,506,543 | 6,606,922 |
Total equity | 14,705,432 | 12,512,698 | 9,649,345 | 9,106,543 | 8,206,922 |
Total equity and liabilities | 18,697,045 | 16,027,690 | 12,090,918 | 11,501,454 | 9,383,589 |
Classification
21st company classification
BETA
Small 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
G
Main industrial area
Wholesale and retail trade; repair of motor vehicles and motorcycles
46
Activity
Wholesale trade, except of motor vehicles and motorcycles
46.6
Main industrial group
Wholesale of machinery, equipment and supplies
46.62
Industrial group
Wholesale of machine tools
46.620
Industrial group
Wholesale of machine tools