Riskpilot← Back to searchSign inGet full accessWESTEND BAKERI AS
ASActiveOrg 914531616Henrik Ibsens Gate 60C, 0255 OsloManufacture of bread; manufacture of fresh pastry goods and cakes · NACE 1071Est. 201442 employees
Revenue 2024
NOK 450,7M
+3% vs 2023
EBITDA margin
12.8%
+26% vs 2023
Equity ratio
42.5%
Financial strength
Net profit 2024
NOK 38,1M
+29% vs 2023
| Revenue | NOK 450,7M | +3% |
| EBITDA | NOK 57,5M | +26% |
| Net profit | NOK 38,1M | +29% |
| Total assets | NOK 137,2M | +2% |
| Equity | NOK 58,3M | -6% |
| Employees | 42 | — |
Legal name
WESTEND BAKERI AS
Org number
914531616
Legal form
Aksjeselskap
NACE code
1071 · Manufacture of bread; manufacture of fresh pastry goods and cakes
Founded
27. november 2014
Share capital
NOK 250 000
Employees
42 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Å eie og drive bakerivirksomhet, samt produksjon, markedsføring og salg av næringsmidler, og alt som for øvrig står i forbindelse med dette.
Address
Henrik Ibsens Gate 60C, 0255 Oslo
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 336 223 | 434 176 | 441 581 | 438 250 | 450 686 |
| Staff expenses | −0 | −0 | −33 330 | −35 629 | −0 |
| EBITDA | 20 927 | 25 394 | 66 436 | 45 826 | 57 518 |
| Depreciation & amort. | −9 335 | −9 731 | −10 057 | −11 396 | −11 713 |
| EBIT | 11 592 | 15 663 | 56 379 | 34 430 | 45 805 |
| Net financials | −2 347 | 23 | 990 | 3 383 | 3 065 |
| Profit before tax | 9 245 | 15 686 | 57 369 | 37 813 | 48 869 |
| Tax | 2 024 | −0 | 12 637 | 8 330 | −0 |
| Net profit | 7 221 | 12 221 | 44 731 | 29 483 | 38 118 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 92 936 | 105 638 | 160 061 | 134 139 | 137 154 |
| Equity | 52 000 | 68 237 | 65 063 | 61 946 | 58 309 |
| Long-term debt | 1 585 | 1 033 | 158 | 1 049 | 5 944 |
| Short-term debt | 39 351 | 36 368 | 94 840 | 71 144 | 72 901 |
| Total debt | 40 935 | 37 401 | 94 998 | 72 193 | 78 845 |
EBITDA margin
12.8%
This company
15.8%
Market median
-19% vs market
20202024
Equity ratio
42.5%
This company
38.2%
Market median
+11% vs market
20202024
Return on equity
65.4%
This company
18.4%
Market median
+255% vs market
20202024
Net profit margin
8.5%
This company
8.1%
Market median
+5% vs market
20202024
Asset turnover
3.29×
This company
1.12×
Market median
+194% vs market
20202024
Debt / equity
1.35×
This company
0.62×
Market median
-118% vs market
20202024
- 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
| Name | Role | Member since |
|---|---|---|
| Former (1) | ||
TF Chief Executive Officer | Chief Executive Officer | 2014 – 2025 |
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
| Chairman | 2021 | |
| Former (3) | ||
| Board of Directors | 2020 – 2021 | |
| Board of Directors | 2020 – 2021 | |
| Board of Directors | 2020 – 2021 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2024 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Jordanes Investments As
WESTEND BAKERI AS Board members of WESTEND BAKERI AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Thor Ferner | Chief Executive Officer | 0 companies |
| Trond Henning Haug | Chairman | 0 companies |
| Espen Hoff | Board of Directors | 0 companies |
| Jan Leif Bodd | Board of Directors | 0 companies |
| Kjersti Olsen Skrefsrud | Board of Directors | 0 companies |