Riskpilot← Back to searchSign inGet full accessWESTERNGECO AS
ASActiveOrg 926396684Risabergveien 3, 4056 TanangerEngineering activities and related technical consultancy · NACE 7112Est. 19771 employees
Revenue 2022
NOK 69,3M
+44% vs 2021
EBITDA margin
9.8%
+106% vs 2021
Equity ratio
87.8%
Financial strength
Net profit 2022
NOK 8,8M
+110% vs 2021
| Revenue | NOK 69,3M | +44% |
| EBITDA | NOK 6,8M | +106% |
| Net profit | NOK 8,8M | +110% |
| Total assets | NOK 150M | -18% |
| Equity | NOK 131,7M | +69% |
| Employees | 1 | — |
Legal name
WESTERNGECO AS
Org number
926396684
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
16. desember 1977
Share capital
—
Employees
1 (FTE)
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Address
Risabergveien 3, 4056 Tananger
Phone
+4766788000
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 |
|---|---|---|---|---|---|
| Revenue | 635 988 | 318 363 | 86 469 | 48 075 | 69 346 |
| Staff expenses | −328 633 | −137 190 | −48 173 | −34 727 | −29 217 |
| EBITDA | 121 165 | 139 480 | −10 020 | −118 300 | 6 779 |
| Depreciation & amort. | −1 823 | −8 | −62 | −0 | −0 |
| EBIT | 119 342 | 139 472 | −10 082 | −118 300 | 6 779 |
| Net financials | −80 544 | −52 302 | −12 436 | −65 | 4 563 |
| Profit before tax | 38 798 | 87 170 | −22 518 | −118 365 | 11 342 |
| Tax | 28 467 | 5 011 | −7 192 | −26 577 | 2 501 |
| Net profit | 10 331 | 82 159 | −15 326 | −91 788 | 8 841 |
| Item | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|
| Total assets | 872 445 | 570 505 | 542 331 | 182 121 | 149 976 |
| Equity | 416 050 | 511 185 | 523 875 | 77 777 | 131 666 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 456 395 | 59 320 | 18 456 | 104 344 | 18 310 |
| Total debt | 456 395 | 59 320 | 18 456 | 104 344 | 18 310 |
EBITDA margin
9.8%
This company
15.8%
Market median
-38% vs market
20182022
Equity ratio
87.8%
This company
38.2%
Market median
+130% vs market
20182022
Return on equity
6.7%
This company
18.4%
Market median
-64% vs market
20182022
Net profit margin
12.7%
This company
8.1%
Market median
+57% vs market
20182022
Asset turnover
0.46×
This company
1.12×
Market median
-59% vs market
20182022
Debt / equity
0.14×
This company
0.62×
Market median
+77% vs market
20182022
- 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
No data on file.
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
| Chairman | 2023 | |
| Former (4) | ||
| Chairman | 2020 – 2022 | |
| Board of Directors | 2020 – 2022 | |
| Board of Directors | 2020 – 2022 | |
| Chairman | 2022 – 2023 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Company | 100% | 100% | 2023 |
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Schlumberger Norge As
WESTERNGECO AS Board members of WESTERNGECO AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Torbjørn Kristoffersen | Chairman | 0 companies |
| Madhavi Vagle | Chairman | 0 companies |
| Syed Muhammad Tayyab Owais | Board of Directors | 0 companies |
| Atle Jaer Nottveit | Board of Directors | 0 companies |
| Ole Christian Meldahl | Chairman | 0 companies |