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West Inspection AS
AS
Active
Org 911873311
Strandgata 25, 6060
Hareid
Technical testing and analysis
·
NACE 7120
Est. 2013 · 13 years old
16 employees
Monitor
Share
Norway
/
Companies
/
Technical testing and analysis
/
West Inspection AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
37M
28M
19M
9M
0M
2021: 16M
16M
2021
2022: 19M (+19% vs 2021)
19M
+19%
2022
2023: 21M (+11% vs 2022)
21M
+11%
2023
2024: 27M (+29% vs 2023)
27M
+29%
2024
2025: 30M (+11% vs 2024)
30M
+11%
2025
EBITDA
NOK millions
7M
6M
4M
2M
0M
2021: 5M
5M
2021
2022: 5M (0% vs 2021)
5M
0%
2022
2023: 5M (0% vs 2022)
5M
0%
2023
2024: 3M (-40% vs 2023)
3M
-40%
2024
2025: 6M (+100% vs 2024)
6M
+100%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
29 862
26 968
21 264
19 354
16 461
Staff expenses
−9 743
−11 028
−7 839
−7 389
−7 269
EBITDA
5 981
3 094
5 129
4 890
4 666
Depreciation & amort.
−161
−212
−113
−61
−82
EBIT
5 820
2 882
5 016
4 829
4 584
Net financials
−41
21
19
2
−2
Profit before tax
5 779
2 903
5 035
4 831
4 582
Tax
1 269
639
1 108
1 063
1 008
Net profit
4 511
2 264
3 927
3 768
3 574
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
9 809
5 834
7 303
5 670
4 708
Equity
2 538
127
1 964
2 237
1 069
Long-term debt
0
0
22
4
0
Short-term debt
7 271
5 707
5 318
3 430
3 639
Total debt
7 271
5 707
5 340
3 433
3 639
Financial ratios
5-year trend
EBITDA margin
20,0 %
This company
15,8 %
Market median
This company
Market median
27% above market
2021
2025
Equity ratio
25,9 %
This company
38,2 %
Market median
This company
Market median
32% below market
2021
2025
Return on equity
177,7 %
This company
18,4 %
Market median
This company
Market median
866% above market
2021
2025
Net profit margin
15,1 %
This company
8,1 %
Market median
This company
Market median
86% above market
2021
2025
Asset turnover
3,04×
This company
1,12×
Market median
This company
Market median
171% above market
2021
2025
Debt / equity
2,86×
This company
0,62×
Market median
This company
Market median
361% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
More on West Inspection AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
