Riskpilot← Back to searchSign inGet full accessWESTCOAT AS
ASActiveOrg 913387406Engineering activities and related technical consultancy · NACE 7112Est. 201435 employees
Revenue 2021
NOK 14,4M
-9% vs 2020
EBITDA margin
3.8%
+417% vs 2020
Equity ratio
15.3%
Financial strength
Net profit 2021
NOK 430K
+372% vs 2020
| Revenue | NOK 14,4M | -9% |
| EBITDA | NOK 550K | +417% |
| Net profit | NOK 430K | +372% |
| Total assets | NOK 2,6M | +3% |
| Equity | NOK 404K | +77% |
| Employees | 35 | — |
Legal name
WESTCOAT AS
Org number
913387406
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
21. mars 2014
Share capital
NOK 5 000 000
Employees
35 (FTE)
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Signatory rights
Daglig leder og styrets leder i fellesskap.
Company purpose
Utvikling, produksjon, kjøp, utleie og salg av utstyr og kompetanse til offshore/skips og industri relatert virksomhet, samt annet som faller naturlig under dette. I tillegg kan selskapet investere i andre selskaper med næringsvirksomhet som formål.
Address
Phone
+4770009830
Email
info@westmarinreview.org
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 290 | 239 | 20 | 38 | 2 301 | 29 478 | 15 807 | 14 436 |
| Staff expenses | −0 | −0 | −0 | −0 | −2 223 | −27 734 | −14 856 | −13 169 |
| EBITDA | −319 | −137 | −8 | 19 | 44 | 42 | 106 | 550 |
| Depreciation & amort. | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −8 |
| EBIT | −319 | −137 | −8 | 19 | 44 | 42 | 106 | 542 |
| Net financials | 1 | −2 | 0 | 0 | 0 | 7 | 14 | 10 |
| Profit before tax | −318 | −140 | −8 | 19 | 44 | 48 | 120 | 552 |
| Tax | −86 | −29 | 3 | 9 | 14 | 12 | 29 | 122 |
| Net profit | −232 | −111 | −10 | 10 | 30 | 37 | 91 | 430 |
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 204 | 142 | 121 | 103 | 1 480 | 4 108 | 2 558 | 2 644 |
| Equity | 182 | 71 | 61 | 70 | 100 | 137 | 228 | 404 |
| Long-term debt | 0 | 0 | 0 | 10 | 0 | 0 | 0 | 3 |
| Short-term debt | 22 | 71 | 50 | 23 | 1 379 | 3 971 | 2 330 | 2 237 |
| Total debt | 22 | 71 | 60 | 33 | 1 379 | 3 971 | 2 330 | 2 240 |
EBITDA margin
3.8%
This company
15.8%
Market median
-76% vs market
20142021
Equity ratio
15.3%
This company
38.2%
Market median
-60% vs market
20142021
Return on equity
106.3%
This company
18.4%
Market median
+478% vs market
20142021
Net profit margin
3.0%
This company
8.1%
Market median
-63% vs market
20142021
Asset turnover
5.46×
This company
1.12×
Market median
+387% vs market
20142021
Debt / equity
5.54×
This company
0.62×
Market median
-794% vs market
20142021
- 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
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
TG Chief Executive Officer | Chief Executive Officer | 2018 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Chairman | 2018 | — | — |
No shareholder data available.
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 WESTCOAT AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Torbjørn Gurskevik Knotten | Chief Executive Officer | 0 companies |
| Eldar Kåre Knotten | Chairman | 0 companies |