Riskpilot← Back to searchSign inGet full accessWEST INSPECTION AS
ASActiveOrg 911873311Strandgata 25, 6060 HareidTechnical testing and analysis · NACE 7120Est. 201317 employees
Revenue 2025
NOK 29,9M
+11% vs 2024
EBITDA margin
20.0%
+93% vs 2024
Equity ratio
25.9%
Financial strength
Net profit 2025
NOK 4,5M
+99% vs 2024
| Revenue | NOK 29,9M | +11% |
| EBITDA | NOK 6M | +93% |
| Net profit | NOK 4,5M | +99% |
| Total assets | NOK 9,8M | +68% |
| Equity | NOK 2,5M | +1891% |
| Employees | 17 | — |
Legal name
WEST INSPECTION AS
Org number
911873311
Legal form
Aksjeselskap
NACE code
7120 · Technical testing and analysis
Founded
26. april 2013
Share capital
NOK 30 000
Employees
17 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Kontroll- og prosjektledelse av serviceoppdrag for kraner, herunder deltakelse i andre selskaper med samme formål.
Address
Strandgata 25, 6060 Hareid
Phone
+4791730075
Email
stein-ove@westinspection.no
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 | 2025 |
|---|---|---|---|---|---|
| Revenue | 16 461 | 19 354 | 21 264 | 26 968 | 29 862 |
| Staff expenses | −7 269 | −7 389 | −7 839 | −11 028 | −9 743 |
| EBITDA | 4 666 | 4 890 | 5 129 | 3 094 | 5 981 |
| Depreciation & amort. | −82 | −61 | −113 | −212 | −161 |
| EBIT | 4 584 | 4 829 | 5 016 | 2 882 | 5 820 |
| Net financials | −2 | 2 | 19 | 21 | −41 |
| Profit before tax | 4 582 | 4 831 | 5 035 | 2 903 | 5 779 |
| Tax | 1 008 | 1 063 | 1 108 | 639 | 1 269 |
| Net profit | 3 574 | 3 768 | 3 927 | 2 264 | 4 511 |
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total assets | 4 708 | 5 670 | 7 303 | 5 834 | 9 809 |
| Equity | 1 069 | 2 237 | 1 964 | 127 | 2 538 |
| Long-term debt | 0 | 4 | 22 | 0 | 0 |
| Short-term debt | 3 639 | 3 430 | 5 318 | 5 707 | 7 271 |
| Total debt | 3 639 | 3 433 | 5 340 | 5 707 | 7 271 |
EBITDA margin
20.0%
This company
15.8%
Market median
+27% vs market
20212025
Equity ratio
25.9%
This company
38.2%
Market median
-32% vs market
20212025
Return on equity
177.7%
This company
18.4%
Market median
+866% vs market
20212025
Net profit margin
15.1%
This company
8.1%
Market median
+86% vs market
20212025
Asset turnover
3.04×
This company
1.12×
Market median
+171% vs market
20212025
Debt / equity
2.86×
This company
0.62×
Market median
-361% vs market
20212025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- 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) | ||
GO Chief Executive Officer | Chief Executive Officer | 2023 |
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
| Chairman | 2023 | |
| Board of Directors | 2023 | |
| Board of Directors | 2017 | |
| Former (1) | ||
| Chairman | 2017 – 2023 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 51% | 51% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Umt Investments As
WEST INSPECTION AS Board members of WEST INSPECTION AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Geir Ove Molvær | Chief Executive Officer | 0 companies |
| Iver Bjørnerem | Chairman | 0 companies |
| Stig Ulstein | Board of Directors | 0 companies |
| Olav Fagerbakke | Board of Directors | 0 companies |
| Stein-Ove Erdal Hustad | Chairman | 0 companies |