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W

WESTCO PROPERTY AS918 285 296

Rental
Limited company
Myrvangveien 6 4016 STAVANGER, Norge

WESTCO PROPERTY AS

Keywords

apartmentsrentalagricultural landagricultural properties

Organization

Chairman of the board
Years since formation
9 years
since Dec 21, 2016
Type
Limited company
VAT registered
Yes
Number of employees
0

Ownership

Number of shares and share classes
10,000
1 share class
Total number of shareholders
1
company
Belongs to group of

Financials

Total operating income 2024
86,146,781
NOK
Annual total result 2024
20,477,806
NOK
Total equity 2024
617,498,085
NOK
Last update: Jun 18, 2025

Management

Management / administration

NameRoleShares
Managing Director/CEO-

Board

NameRoleShares
Board Member-
Board Member
40.32 %
indirectly
Chairman
50 %
indirectly

Others

NameRoleShares
R
REVISJON VEST AS
Auditor-

Top 10 individual shareholders

NameRoleShares
Chairman
50 %
indirectly
Board Member
40.32 %
indirectly
-
9.68 %
indirectly
Last update: Jun 18, 2025

Ownership

Company shareholders

NameShare classTotal number of sharesShare
W
WESTCO AS
Ordinary shares
10,000
100 %
Last update: Jun 2, 2025

Group structure

  • Total operating income 2023: NOK 0
    Operating profit 2023: NOK -144,999
    Employees: 0

Financials

in NOK

Summary

Year202420232022
Total operating income
86,146,781
82,282,877
75,529,434
Annual Total Result
20,477,806
31,328,922
26,219,906
Total assets
729,664,766
646,054,117
638,415,196
Total liabilities
112,166,680
39,359,319
61,247,255
Total equity
617,498,085
606,694,798
577,167,940

P&L

Year202420232022
Total operating income
86,146,781
82,282,877
75,529,434
Total operating costs
59,414,556
43,136,527
42,835,612
Operating result
26,732,225
39,146,350
32,693,821
Financial income/costs
-478,627
1,051,238
922,051
Profit before tax
26,253,598
40,197,588
33,615,873
Total tax & extraordinary income/cost
5,775,792
8,868,666
7,395,967
Annual Total Result
20,477,806
31,328,922
26,219,906

Balance overview

Year202420232022
Total fixed assets
702,761,069
620,336,661
581,560,025
Total current assets
26,903,697
25,717,456
56,855,171
Total assets
729,664,766
646,054,117
638,415,196
Short term debt
111,505,517
37,388,140
57,397,986
Long term debt
661,163
1,971,179
3,849,269
Total liabilities
112,166,680
39,359,319
61,247,255
Contributed capital
603,254,536
603,258,550
566,958,550
Retained earnings
14,243,549
3,436,248
10,209,391
Total equity
617,498,085
606,694,798
577,167,940
Total equity and liabilities
729,664,766
646,054,117
638,415,196

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
68.2
Main industrial group
Renting and operating of own or leased real estate
68.20
Industrial group
Renting and operating of own real estate
68.209
Industrial group
Other letting of real estate