WESTERN BULK CARRIERS AS

Operating

Eie, innbefrakte og drive skip og annet som står i forbindelse dermed, herunder deltagelse i andre selskaper, såvel som å drive handel med verdipapirer for egen regning og for andre konsernselskapers regning, herunder kjøp og salg av aksjer, derivater, opsjoner, valuta og andre egnede instrumenter, både i Norge og i utlandet.

Eie, innbefrakte og drive skip og annet som står i forbindelse dermed, herunder deltakelse i andre selskaper.

Keywords

freight transportshipsforeign shipping

Organization

Chairman of the board: TG
Torbjørn Gjervik1985
Years since formation: 28 years; since Jul 20, 1998
Type: Limited company
VAT registered: Yes
Number of employees: 0

Ownership

Number of shares and share classes: 1; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2025: 289,326,000; NOK
Annual total result 2025: -2,992,000; NOK
Total equity 2025: 26,820,000; NOK

Last update: Jul 4, 2026

Management

Board

Name	Role	Shares
TG Torbjørn Gjervik 1985	Chairman	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
EG Erik Gunnar Braathen 1955	-	8.26 % indirectly
HA Hans Aasnæs 1963	-	2 % indirectly

Last update: Jun 29, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
W WESTERN BULK CHARTERING AS	Ordinary shares	1	100 %

Last update: Jun 2, 2025

Group structure

AS HOLDING
Total operating income 2025: NOK 1,784,000
Operating profit 2025: NOK -143,137,000
Employees: 7

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	289,326,000	421,048,000	357,593,000	644,350,000	596,325,000
Annual Total Result	-2,992,000	9,235,000	-10,768,000	24,134,000	3,718,000
Total assets	44,488,000	50,179,000	41,509,000	82,766,000	74,518,000
Total liabilities	17,668,000	20,367,000	20,932,000	51,421,000	57,307,000
Total equity	26,820,000	29,812,000	20,577,000	31,345,000	17,211,000

P&L

Year	2025	2024	2023	2022	2021
Total operating income	289,326,000	421,048,000	357,593,000	644,350,000	596,325,000
Total operating costs	293,698,000	410,934,000	368,179,000	618,478,000	591,312,000
Operating result	-4,372,000	10,114,000	-10,586,000	25,872,000	5,013,000
Financial income/costs	1,291,000	247,000	883,000	-675,000	-559,000
Profit before tax	-3,081,000	10,361,000	-9,703,000	25,197,000	4,454,000
Total tax & extraordinary income/cost	-89,000	1,126,000	1,065,000	1,063,000	736,000
Annual Total Result	-2,992,000	9,235,000	-10,768,000	24,134,000	3,718,000

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	496,000	0	0	0	530,000
Total current assets	43,992,000	50,179,000	41,509,000	82,766,000	73,988,000
Total assets	44,488,000	50,179,000	41,509,000	82,766,000	74,518,000
Short term debt	17,668,000	20,314,000	20,868,000	51,338,000	57,191,000
Long term debt	0	53,000	64,000	83,000	116,000
Total liabilities	17,668,000	20,367,000	20,932,000	51,421,000	57,307,000
Contributed capital	37,000	37,000	37,000	37,000	17,211,000
Retained earnings	26,783,000	29,775,000	20,540,000	31,308,000	0
Total equity	26,820,000	29,812,000	20,577,000	31,345,000	17,211,000
Total equity and liabilities	44,488,000	50,179,000	41,509,000	82,766,000	74,518,000

Classification

21st company classification

BETA

Industrial daughter company

WESTERN BULK CARRIERS AS979 993 609