Riskpilot← Back to searchSign inGet full accessWESTGASS HYDROGEN AS
ASActiveOrg 827532762Kirkegata 2, 4006 StavangerManufacture of industrial gases · NACE 2011Est. 20216 employees
Revenue 2024
NOK 8,7M
+57% vs 2023
EBITDA margin
3.2%
+107% vs 2023
Equity ratio
65.0%
Financial strength
Net profit 2024
NOK 797K
+120% vs 2023
| Revenue | NOK 8,7M | +57% |
| EBITDA | NOK 278K | +107% |
| Net profit | NOK 797K | +120% |
| Total assets | NOK 18M | +28% |
| Equity | NOK 11,7M | +29% |
| Employees | 6 | — |
Legal name
WESTGASS HYDROGEN AS
Org number
827532762
Legal form
Aksjeselskap
NACE code
2011 · Manufacture of industrial gases
Founded
13. august 2021
Share capital
NOK 1 632 000
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets ordinære medlemmer hver for seg. Styreleder har ikke signatur.
Company purpose
Utvikle hydrogendistribusjonsvirksomhet og alt som hører med.
Address
Kirkegata 2, 4006 Stavanger
Phone
+4751290113
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 100 | 765 | 5 581 | 8 740 |
| Staff expenses | −383 | −4 233 | −3 903 | −3 485 |
| EBITDA | −1 437 | −9 163 | −3 998 | 278 |
| Depreciation & amort. | −76 | −85 | −39 | −0 |
| EBIT | −1 513 | −9 249 | −4 037 | 278 |
| Net financials | −180 | −1 | −6 | 0 |
| Profit before tax | −1 693 | −9 250 | −4 043 | 279 |
| Tax | −0 | −0 | −0 | −518 |
| Net profit | −1 693 | −9 250 | −4 043 | 797 |
| Item | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Total assets | 8 014 | 16 002 | 14 118 | 18 011 |
| Equity | 5 058 | 11 609 | 9 066 | 11 700 |
| Long-term debt | 0 | 0 | 500 | 0 |
| Short-term debt | 2 956 | 4 393 | 4 552 | 6 310 |
| Total debt | 2 956 | 4 393 | 5 052 | 6 310 |
EBITDA margin
3.2%
This company
15.8%
Market median
-80% vs market
20212024
Equity ratio
65.0%
This company
38.2%
Market median
+70% vs market
20212024
Return on equity
6.8%
This company
18.4%
Market median
-63% vs market
20212024
Net profit margin
9.1%
This company
8.1%
Market median
+12% vs market
20212024
Asset turnover
0.49×
This company
1.12×
Market median
-56% vs market
20212024
Debt / equity
0.54×
This company
0.62×
Market median
+13% vs market
20212024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
AÅ Chief Executive Officer | Chief Executive Officer | 2025 |
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
| Chairman | 2025 | |
| Former (2) | ||
| Board of Directors | 2021 – 2025 | |
| Chairman | 2021 – 2025 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 |
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Kannik Invest As
WESTGASS HYDROGEN AS Board members of WESTGASS HYDROGEN AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Arne Åkerlund | Chief Executive Officer | 0 companies |
| Jarle Clemmet Molstad | Board of Directors | 0 companies |
| Peter Mellbye | Chairman | 0 companies |
| Kinar Rajesh Kent | Chairman | 0 companies |