WESTGROUP AS
Organization
- CEO
- EK
- Chairman of the board
- EK
- Years since formation
- 20 years
- since Oct 25, 2005
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 3,225
- 1 share class
- Total number of shareholders
- 4
- persons
- Belongs to group of
Financials
- Total operating income 2024
- 5,208,165
- NOK
- Annual total result 2024
- 544,450
- NOK
- Total equity 2024
- 21,092,453
- NOK
Last update: Sep 15, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
EK | Managing Director/CEO | 60 % directly |
Board
| Name | Role | Shares |
|---|---|---|
EK | Chairman | 60 % directly |
TG | Board Member | - |
EG | Board Member | 13.33 % directly |
| Alternate Member | 13.33 % directly | |
KG | Alternate Member | 13.33 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
EK | Managing Director/CEO, Chairman | 60 % directly |
EG | Board Member | 13.33 % directly |
| Alternate Member | 13.33 % directly | |
KG | Alternate Member | 13.33 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
EK | Ordinary shares | 1,935 | 60 % |
EG | Ordinary shares | 430 | 13.33 % |
KG | Ordinary shares | 430 | 13.33 % |
| Ordinary shares | 430 | 13.33 % |
Shares owned by the WESTGROUP AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 900 | 100 % | |
| Ordinary shares | 50 | 100 % | |
| Ordinary shares | 140 | 100 % | |
| Ordinary shares | 440 | 23.99 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 5,208,165Operating profit 2024: NOK 920,426Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 5,208,165 | 4,611,474 | 3,036,698 | 3,170,128 |
Annual Total Result | 544,450 | 1,244,351 | -418,177 | -224,295 |
Total assets | 30,092,707 | 30,538,918 | 29,515,682 | 29,581,546 |
Total liabilities | 9,000,255 | 9,990,915 | 10,003,696 | 9,391,383 |
Total equity | 21,092,453 | 20,548,003 | 19,511,987 | 20,190,163 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 5,208,165 | 4,611,474 | 3,036,698 | 3,170,128 |
Total operating costs | 4,287,740 | 2,796,102 | 3,491,068 | 3,357,464 |
Operating result | 920,426 | 1,815,373 | -454,370 | -187,336 |
Financial income/costs | -270,315 | -268,203 | -114,574 | -112,485 |
Profit before tax | 650,111 | 1,547,170 | -568,944 | -299,821 |
Total tax & extraordinary income/cost | 105,661 | 302,819 | -150,767 | -75,526 |
Annual Total Result | 544,450 | 1,244,351 | -418,177 | -224,295 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 26,561,762 | 25,775,335 | 27,064,935 | 26,305,735 |
Total current assets | 3,530,945 | 4,763,583 | 2,450,747 | 3,275,811 |
Total assets | 30,092,707 | 30,538,918 | 29,515,682 | 29,581,546 |
Short term debt | 1,605,261 | 1,877,386 | 1,331,005 | 1,202,064 |
Long term debt | 7,394,994 | 8,113,529 | 8,672,691 | 8,189,319 |
Total liabilities | 9,000,255 | 9,990,915 | 10,003,696 | 9,391,383 |
Contributed capital | 403,163 | 403,163 | 403,163 | 403,163 |
Retained earnings | 20,689,290 | 20,144,841 | 19,108,824 | 19,787,001 |
Total equity | 21,092,453 | 20,548,003 | 19,511,987 | 20,190,163 |
Total equity and liabilities | 30,092,707 | 30,538,918 | 29,515,682 | 29,581,546 |
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