Riskpilot← Back to searchSign inGet full accessWESTCO AS
ASActiveOrg 921638248Myrvangveien 6, 4016 StavangerCollection of non-hazardous waste · NACE 3811Est. 201816 employees
Revenue 2024
NOK 13,3M
+17% vs 2023
EBITDA margin
-7.1%
-7% vs 2023
Equity ratio
83.4%
Financial strength
Net profit 2024
NOK 71,4M
+21% vs 2023
| Revenue | NOK 13,3M | +17% |
| EBITDA | NOK -935K | -7% |
| Net profit | NOK 71,4M | +21% |
| Total assets | NOK 1,3B | +4% |
| Equity | NOK 1,1B | +0% |
| Employees | 16 | — |
Legal name
WESTCO AS
Org number
921638248
Legal form
Aksjeselskap
NACE code
3811 · Collection of non-hazardous waste
Founded
31. oktober 2018
Share capital
NOK 31 002
Employees
16 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Forretningsvirksomhet innen avfallsaktiviteter og annen forretningsvirksomhet, herunder deltakelse i andre selskaper.
Address
Myrvangveien 6, 4016 Stavanger
Phone
+4751885188
Email
eiendom@westco.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenue | 21 883 | 24 160 | 21 088 | 19 031 | 11 924 | 11 331 | 13 252 |
| Staff expenses | −7 511 | −8 535 | −8 664 | −9 242 | −5 492 | −5 504 | −5 517 |
| EBITDA | 8 204 | 6 119 | 4 314 | −356 | −771 | −872 | −935 |
| Depreciation & amort. | −8 460 | −5 406 | −4 083 | −2 470 | −1 390 | −867 | −670 |
| EBIT | −256 | 713 | 232 | −2 826 | −2 161 | −1 738 | −1 606 |
| Net financials | 53 492 | 64 808 | 20 880 | 87 692 | 83 492 | 62 142 | 74 123 |
| Profit before tax | 53 236 | 65 521 | 21 112 | 84 865 | 81 332 | 60 403 | 72 517 |
| Tax | −158 | 77 | 8 577 | 6 763 | 4 325 | 1 558 | 1 103 |
| Net profit | 53 394 | 65 444 | 12 536 | 78 103 | 77 006 | 58 845 | 71 414 |
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Total assets | 1 166 303 | 1 303 306 | 1 210 185 | 1 220 862 | 1 268 962 | 1 288 748 | 1 337 334 |
| Equity | 1 032 503 | 1 067 947 | 1 070 483 | 1 088 670 | 1 121 776 | 1 110 171 | 1 115 614 |
| Long-term debt | 87 464 | 66 801 | 11 968 | 11 391 | 29 290 | 70 745 | 46 363 |
| Short-term debt | 46 335 | 168 558 | 127 735 | 120 801 | 117 896 | 107 832 | 175 358 |
| Total debt | 133 800 | 235 359 | 139 703 | 132 192 | 147 186 | 178 577 | 221 720 |
EBITDA margin
-7.1%
This company
15.8%
Market median
-145% vs market
20182024
Equity ratio
83.4%
This company
38.2%
Market median
+118% vs market
20182024
Return on equity
6.4%
This company
18.4%
Market median
-65% vs market
20182024
Net profit margin
538.9%
This company
8.1%
Market median
+6553% vs market
20182024
Asset turnover
0.01×
This company
1.12×
Market median
-99% vs market
20182024
Debt / equity
0.20×
This company
0.62×
Market median
+68% vs market
20182024
- 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
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
KT Chief Executive Officer | Chief Executive Officer | 2018 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2018 | — | — | |
| Chairman | 2018 | — | — | |
| Board of Directors | 2018 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Westco Holding As | Company | 100.0% | 100.0% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
Westco Holding As
WESTCO AS Board members of WESTCO AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Kirsti Tønnessen | Chief Executive Officer | 0 companies |
| Trygve Kierulf | Board of Directors | 0 companies |
| Trygve Jacobsen | Chairman | 0 companies |
| Trond Jacobsen | Board of Directors | 0 companies |