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Ing Westad AS
AS
Active
Org 918535055
Nesbruveien 82B, 1394
Nesbru
Wholesale of machine tools
·
NACE 4662
Est. 1971 · 55 years old
5 employees
www.ingwestad.no
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Norway
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Companies
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Wholesale of machine tools
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Ing Westad AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
40M
30M
20M
10M
0M
2021: 19M
19M
2021
2022: 16M (-16% vs 2021)
16M
-16%
2022
2023: 22M (+38% vs 2022)
22M
+38%
2023
2024: 32M (+45% vs 2023)
32M
+45%
2024
2025: 28M (-12% vs 2024)
28M
-12%
2025
EBITDA
NOK millions
5M
4M
2M
1M
0M
2021: 1M
1M
2021
2022: 1M (0% vs 2021)
1M
0%
2022
2023: 2M (+100% vs 2022)
2M
+100%
2023
2024: 4M (+100% vs 2023)
4M
+100%
2024
2025: 3M (-25% vs 2024)
3M
-25%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
27 861
32 406
21 639
16 211
19 446
Staff expenses
−3 750
−3 480
−2 889
−2 618
−2 207
EBITDA
2 724
3 539
1 617
1 221
1 405
Depreciation & amort.
−22
−44
−18
−11
−6
EBIT
2 702
3 494
1 598
1 211
1 399
Net financials
118
187
−62
−57
−61
Profit before tax
2 820
3 681
1 537
1 154
1 338
Tax
627
818
339
254
34
Net profit
2 193
2 863
1 198
900
1 304
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
18 697
16 028
12 091
11 501
9 384
Equity
14 705
12 513
9 649
9 107
8 207
Long-term debt
0
0
0
0
0
Short-term debt
3 992
3 515
2 442
2 395
1 177
Total debt
3 992
3 515
2 442
2 395
1 177
Financial ratios
5-year trend
EBITDA margin
9,8 %
This company
15,8 %
Market median
This company
Market median
38% below market
2021
2025
Equity ratio
78,7 %
This company
38,2 %
Market median
This company
Market median
106% above market
2021
2025
Return on equity
14,9 %
This company
18,4 %
Market median
This company
Market median
19% below market
2021
2025
Net profit margin
7,9 %
This company
8,1 %
Market median
This company
Market median
2% below market
2021
2025
Asset turnover
1,49×
This company
1,12×
Market median
This company
Market median
33% above market
2021
2025
Debt / equity
0,27×
This company
0,62×
Market median
This company
Market median
56% 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 Ing 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
