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Thor Westad AS
AS
Active
Org 917314357
Nesbruveien 82B, 1394
Nesbru
Wholesale of machine tools
·
NACE 4662
Est. 1962 · 63 years old
0 employees
Monitor
Share
Norway
/
Companies
/
Wholesale of machine tools
/
Thor Westad AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
12M
9M
6M
3M
0M
2021: 1M
1M
2021
2022: 1M (0% vs 2021)
1M
0%
2022
2023: 10M (+900% vs 2022)
10M
+900%
2023
2024: 2M (-80% vs 2023)
2M
-80%
2024
2025: 5M (+150% vs 2024)
5M
+150%
2025
EBITDA
NOK millions
10M
7M
5M
2M
0M
2021: 0M
0M
2021
2022: 0M
0M
2022
2023: 8M
8M
2023
2024: 1M (-87% vs 2023)
1M
-87%
2024
2025: 4M (+300% vs 2024)
4M
+300%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
5 317
2 298
9 813
1 495
1 482
Staff expenses
−5
−5
−0
−0
−0
EBITDA
4 376
1 087
8 059
394
469
Depreciation & amort.
−405
−405
−405
−405
−395
EBIT
3 970
682
7 654
−12
74
Net financials
105
528
985
171
66
Profit before tax
4 075
1 210
8 638
159
140
Tax
897
268
1 752
32
28
Net profit
3 179
942
6 886
127
111
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
68 680
72 156
76 181
53 932
52 815
Equity
58 716
55 538
54 596
47 710
47 583
Long-term debt
9 136
15 823
20 932
5 380
4 867
Short-term debt
828
795
653
842
365
Total debt
9 963
16 618
21 585
6 222
5 232
Financial ratios
5-year trend
EBITDA margin
82,3 %
This company
15,8 %
Market median
This company
Market median
421% above market
2021
2025
Equity ratio
85,5 %
This company
38,2 %
Market median
This company
Market median
124% above market
2021
2025
Return on equity
5,4 %
This company
18,4 %
Market median
This company
Market median
71% below market
2021
2025
Net profit margin
59,8 %
This company
8,1 %
Market median
This company
Market median
638% above market
2021
2025
Asset turnover
0,08×
This company
1,12×
Market median
This company
Market median
93% below market
2021
2025
Debt / equity
0,17×
This company
0,62×
Market median
This company
Market median
73% below 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 Thor Westad AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
