Riskpilot← Back to searchSign inGet full accessWEST ATLANTIC AS
ASActiveOrg 912426521Hansjordnesgata 9, 9009 TromsøMarine fishing · NACE 0311Est. 20140 employees
Revenue 2024
NOK 12,5M
+21% vs 2023
EBITDA margin
31.1%
+314% vs 2023
Equity ratio
18.5%
Financial strength
Net profit 2024
NOK 1,6M
+347% vs 2023
| Revenue | NOK 12,5M | +21% |
| EBITDA | NOK 3,9M | +314% |
| Net profit | NOK 1,6M | +347% |
| Total assets | NOK 25,7M | +13% |
| Equity | NOK 4,7M | +191% |
| Employees | 0 | — |
Legal name
WEST ATLANTIC AS
Org number
912426521
Legal form
Aksjeselskap
NACE code
0311 · Marine fishing
Founded
8. januar 2014
Share capital
NOK 2 000 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Drive rederivirksomhet, fiskeri og tilknyttet virksomhet og hva dermed står i forbindelse, samt delta i andre selskaper med økonomisk virksomhet som formål, gjennom aksjetegning eller annen måte.
Address
Hansjordnesgata 9, 9009 Tromsø
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| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2 407 | 4 969 | 10 702 | 11 492 | 9 841 | 12 830 | 11 870 | 9 663 | 10 535 | 10 323 | 12 538 |
| Staff expenses | −982 | −1 690 | −5 173 | −5 493 | −4 341 | −5 584 | −4 324 | −3 861 | −4 497 | −3 853 | −2 898 |
| EBITDA | 473 | −597 | 1 100 | 1 525 | 1 871 | 1 900 | 1 202 | 683 | 1 259 | 943 | 3 903 |
| Depreciation & amort. | −100 | −100 | −561 | −798 | −561 | −592 | 183 | −559 | −564 | −565 | −466 |
| EBIT | 373 | −697 | 539 | 727 | 1 310 | 1 307 | 1 385 | 124 | 695 | 378 | 3 437 |
| Net financials | −30 | −120 | −406 | −775 | −583 | −691 | −644 | −592 | 0 | −1 216 | −1 365 |
| Profit before tax | 344 | −817 | 134 | −48 | 727 | 616 | 741 | −468 | 695 | −838 | 2 072 |
| Tax | 93 | −203 | 41 | −4 | 172 | 196 | 163 | −103 | −24 | −184 | 456 |
| Net profit | 251 | −613 | 93 | −44 | 555 | 420 | 578 | −365 | 720 | −654 | 1 616 |
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 3 628 | 4 840 | 23 454 | 15 510 | 14 820 | 21 385 | 21 866 | 23 915 | 23 260 | 22 792 | 25 681 |
| Equity | 551 | −63 | 1 230 | 1 186 | 1 741 | 2 161 | 2 738 | 2 374 | 2 287 | 1 633 | 4 749 |
| Long-term debt | 2 840 | 4 491 | 19 630 | 13 292 | 12 075 | 17 886 | 18 227 | 20 378 | 19 672 | 19 910 | 19 184 |
| Short-term debt | 237 | 411 | 2 593 | 1 032 | 1 004 | 1 339 | 901 | 1 163 | 1 301 | 1 249 | 1 748 |
| Total debt | 3 078 | 4 903 | 22 223 | 14 323 | 13 079 | 19 224 | 19 128 | 21 541 | 20 973 | 21 159 | 20 932 |
EBITDA margin
31.1%
This company
15.8%
Market median
+97% vs market
20142024
Equity ratio
18.5%
This company
38.2%
Market median
-52% vs market
20142024
Return on equity
34.0%
This company
18.4%
Market median
+85% vs market
20142024
Net profit margin
12.9%
This company
8.1%
Market median
+59% vs market
20142024
Asset turnover
0.49×
This company
1.12×
Market median
-56% vs market
20142024
Debt / equity
4.41×
This company
0.62×
Market median
-611% vs market
20142024
- 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
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
No data on file.
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2017 | — | — | |
| Chairman | 2017 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Nordeng As | Company | 50.2% | 50.2% | 2024 |
Hardbakur Ehf | Company | 35.0% | 35.0% | 2024 |
| Individual | 9.8% | 9.8% | 2024 | |
Vilhelm Thorsteinsson | Company | 5.0% | 5.0% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of WEST ATLANTIC AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Thorsteinn Wilhelmsson | Board of Directors | 0 companies |
| Bjarni Sigmar Sigurdsson | Chairman | 0 companies |