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W

WESTRE EIENDOMSSELSKAP AS935 953 545

Real Estate
Limited company
Kjøpmannsgata 3 6005 ÅLESUND, Norge

WESTRE EIENDOMSSELSKAP AS

Keywords

real estatetenementshomesbuildingsexhibition hallswarehousesshopping centresland propertiessubdivision

Organization

Chairman of the board
Years since formation
29 years
since Feb 19, 1995
Type
Limited company
VAT registered
No
Number of employees
0

Ownership

Number of shares and share classes
100
2 share classes
Total number of shareholders
2
companies
Belongs to group of

Financials

Total operating income 2023
1,765,770
NOK
Annual total result 2023
-4,869,687
NOK
Total equity 2023
318,711
NOK
Last update: Aug 29, 2024

Management

Management / administration

NameRoleShares
Managing Director/CEO
22.8 %
indirectly

Board

NameRoleShares
Chairman-
Board Member
22.8 %
indirectly
Alternate Member
18.3 %
indirectly

Others

NameRoleShares
K
KPMG AS
Auditor-
A
ADMENTO AS
Accountant-

Top 10 individual shareholders

NameRoleShares
Managing Director/CEO, Board Member
22.8 %
indirectly
Alternate Member
18.3 %
indirectly
-
18.3 %
indirectly
Last update: Jan 11, 2024

Ownership

Company shareholders

NameShare classNumber of sharesShare
W
WESTRE INVEST AS
Class B shares
60
60 %
W
WESTRE INVEST AS
A-shares
40
40 %
Last update: May 24, 2024

Group structure

  • Total operating income 2023: NOK 0
    Operating profit 2023: NOK -325,644
    Employees: 0

Financials

in NOK

Summary

Year202320222021
Total operating income
1,765,770
41,859,602
4,346,050
Annual Total Result
-4,869,687
-4,858,791
-3,238,198
Total assets
87,342,581
86,223,128
117,995,107
Total liabilities
87,023,870
85,034,730
116,174,754
Total equity
318,711
1,188,399
1,820,353

P&L

Year202320222021
Total operating income
1,765,770
41,859,602
4,346,050
Total operating costs
4,115,404
44,272,674
4,968,880
Operating result
-2,349,634
-2,413,072
-622,829
Financial income/costs
-3,893,555
-3,816,147
-3,528,707
Profit before tax
-6,243,189
-6,229,219
-4,151,536
Total tax & extraordinary income/cost
-1,373,502
-1,370,428
-913,338
Annual Total Result
-4,869,687
-4,858,791
-3,238,198

Balance overview

Year202320222021
Total fixed assets
41,938,754
40,588,095
39,580,339
Total current assets
45,403,827
45,635,033
78,414,768
Total assets
87,342,581
86,223,128
117,995,107
Short term debt
44,523,870
42,634,730
73,774,754
Long term debt
42,500,000
42,400,000
42,400,000
Total liabilities
87,023,870
85,034,730
116,174,754
Contributed capital
693,672
693,672
693,672
Retained earnings
-374,961
494,726
1,126,681
Total equity
318,711
1,188,399
1,820,353
Total equity and liabilities
87,342,581
86,223,128
117,995,107

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
Standard industrial classification
L
Main industrial area
Real estate activities
68
Activity
Real estate activities
68.1
Main industrial group
Buying and selling of own real estate
68.10
Industrial group
Buying and selling of own real estate
68.100
Industrial group
Buying and selling of own real estate