WESTEC AS
Links
Organization
- CEO
- TP
- Chairman of the board
- CH
- Years since formation
- 22 years
- since Mar 6, 2003
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 9
Ownership
- Number of shares and share classes
- 40,000
- 1 share class
- Total number of shareholders
- 2
- companies
- Belongs to group of
Financials
- Total operating income 2024
- 21,035,339
- NOK
- Annual total result 2024
- 1,853,299
- NOK
- Total equity 2024
- 2,555,990
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TP | Managing Director/CEO | 3.33 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
CH | Chairman | 80 % indirectly |
CS 1986 | Board Member | - |
TE 1964 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
CH | Chairman | 80 % indirectly |
KK | - | 3.33 % indirectly |
TP | Managing Director/CEO | 3.33 % indirectly |
JM | - | 3.33 % indirectly |
EG | - | 3.33 % indirectly |
OS 1998 | - | 3.33 % indirectly |
KE 1981 | - | 3.33 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 32,000 | 80 % | |
| Ordinary shares | 8,000 | 20 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -99,682Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 21,035,339 | 19,203,664 | 15,057,049 |
Annual Total Result | 1,853,299 | 1,313,975 | 456,306 |
Total assets | 8,421,769 | 10,099,729 | 5,199,313 |
Total liabilities | 5,865,779 | 8,099,729 | 3,199,313 |
Total equity | 2,555,990 | 2,000,000 | 2,000,000 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 21,035,339 | 19,203,664 | 15,057,049 |
Total operating costs | 18,752,910 | 17,526,899 | 14,490,571 |
Operating result | 2,282,429 | 1,676,765 | 566,479 |
Financial income/costs | 37,242 | -4,842 | 49,388 |
Profit before tax | 2,319,671 | 1,671,923 | 615,867 |
Total tax & extraordinary income/cost | 466,372 | 357,948 | 159,561 |
Annual Total Result | 1,853,299 | 1,313,975 | 456,306 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 539,594 | 638,129 | 18,932 |
Total current assets | 7,882,175 | 9,461,600 | 5,180,381 |
Total assets | 8,421,769 | 10,099,729 | 5,199,313 |
Short term debt | 5,531,239 | 7,897,789 | 3,199,313 |
Long term debt | 334,540 | 201,940 | 0 |
Total liabilities | 5,865,779 | 8,099,729 | 3,199,313 |
Contributed capital | 2,000,000 | 2,000,000 | 3,164,374 |
Retained earnings | 555,990 | 0 | -1,164,374 |
Total equity | 2,555,990 | 2,000,000 | 2,000,000 |
Total equity and liabilities | 8,421,769 | 10,099,729 | 5,199,313 |
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