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Westco Property AS
AS
Active
Org 918285296
Myrvangveien 6, 4016
Stavanger
Rental and operating of own or leased real estate
·
NACE 6820
Est. 2016 · 9 years old
0 employees
Monitor
Share
Norway
/
Companies
/
Rental and operating of own or leased real estate
/
Westco Property AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
113M
85M
57M
28M
0M
2021: 75M
75M
2021
2022: 76M (+1% vs 2021)
76M
+1%
2022
2023: 82M (+8% vs 2022)
82M
+8%
2023
2024: 86M (+5% vs 2023)
86M
+5%
2024
2025: 91M (+6% vs 2024)
91M
+6%
2025
EBITDA
NOK millions
97M
51M
5M
-41M
-87M
2021: 53M
53M
2021
2022: 54M (+2% vs 2021)
54M
+2%
2022
2023: 61M (+13% vs 2022)
61M
+13%
2023
2024: 46M (-25% vs 2023)
46M
-25%
2024
2025: -51M (-211% vs 2024)
-51M
-211%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
90 563
86 147
82 283
75 529
74 692
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−50 803
45 556
60 948
53 999
53 273
Depreciation & amort.
−16 617
−18 824
−21 802
−21 305
−20 871
EBIT
−67 420
26 732
39 146
32 694
32 402
Net financials
−10 132
−479
1 051
922
493
Profit before tax
−77 552
26 254
40 198
33 616
32 895
Tax
−16 775
5 776
8 869
7 396
7 234
Net profit
−60 777
20 478
31 329
26 220
25 661
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
869 136
729 665
646 054
638 415
644 458
Equity
549 537
617 498
606 695
577 168
578 154
Long-term debt
200 000
661
1 971
3 849
5 398
Short-term debt
119 600
111 506
37 388
57 398
60 905
Total debt
319 600
112 167
39 359
61 247
66 303
Financial ratios
5-year trend
EBITDA margin
−56,1 %
This company
15,8 %
Market median
This company
Market median
455% below market
2021
2025
Equity ratio
63,2 %
This company
38,2 %
Market median
This company
Market median
65% above market
2021
2025
Return on equity
−11,1 %
This company
18,4 %
Market median
This company
Market median
160% below market
2021
2025
Net profit margin
−67,1 %
This company
8,1 %
Market median
This company
Market median
928% below market
2021
2025
Asset turnover
0,10×
This company
1,12×
Market median
This company
Market median
91% below market
2021
2025
Debt / equity
0,58×
This company
0,62×
Market median
This company
Market median
6% 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 Westco Property AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
