Riskpilot← Back to searchSign inGet full accessEXPLORE WEST AS
ASActiveOrg 928187756Rognsvågen 1, 5947 FedjeTour operator activities · NACE 7912Est. 20210 employeeswww.explorewest.no
Revenue 2025
NOK 1,2M
0% vs 2024
EBITDA margin
21.6%
+17% vs 2024
Equity ratio
40.5%
Financial strength
Net profit 2025
NOK 162K
0% vs 2024
| Revenue | NOK 1,2M | +0% |
| EBITDA | NOK 258K | +17% |
| Net profit | NOK 162K | +0% |
| Total assets | NOK 1M | +81% |
| Equity | NOK 411K | +65% |
| Employees | 0 | — |
Legal name
EXPLORE WEST AS
Org number
928187756
Legal form
Aksjeselskap
NACE code
7912 · Tour operator activities
Founded
22. november 2021
Share capital
NOK 60 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Opplevelsesbasert reiseliv, inkludert båttransport, guidede turer, utleievirksomhet, overnatting, servering, arrangementer og annen beslektet virksomhet, samt deltakelse i andre selskaper med lignende virksomhet.
Address
Rognsvågen 1, 5947 Fedje
Website
www.explorewest.no
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 71 | 0 | 1 200 | 1 194 |
| Staff expenses | −0 | −0 | −236 | −128 |
| EBITDA | 63 | −12 | 221 | 258 |
| Depreciation & amort. | −0 | −0 | −17 | −48 |
| EBIT | 63 | −12 | 204 | 209 |
| Net financials | 0 | 0 | 0 | −2 |
| Profit before tax | 63 | −12 | 204 | 208 |
| Tax | 6 | −0 | 42 | 46 |
| Net profit | 57 | −12 | 162 | 162 |
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 106 | 88 | 562 | 1 016 |
| Equity | 100 | 88 | 250 | 411 |
| Long-term debt | 0 | 0 | 7 | 23 |
| Short-term debt | 6 | 0 | 306 | 581 |
| Total debt | 6 | 0 | 312 | 604 |
EBITDA margin
21.6%
This company
15.8%
Market median
+37% vs market
20222025
Equity ratio
40.5%
This company
38.2%
Market median
+6% vs market
20222025
Return on equity
39.3%
This company
18.4%
Market median
+114% vs market
20222025
Net profit margin
13.5%
This company
8.1%
Market median
+67% vs market
20222025
Asset turnover
1.18×
This company
1.12×
Market median
+5% vs market
20222025
Debt / equity
1.47×
This company
0.62×
Market median
-137% vs market
20222025
- Annual report 2025Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
- 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 2021-11-05 – 2022-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
AM Chief Executive Officer | Chief Executive Officer | 2025 | — | — |
MH Deputy Member | Deputy Member | 2021 | — | — |
ON Deputy Member | Deputy Member | 2021 | — | — |
SS Deputy Member | Deputy Member | 2021 | — | — |
ØS Chief Executive Officer | Chief Executive Officer | 2021 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2021 | — | — | |
| Board of Directors | 2025 | — | — | |
| Board of Directors | 2025 | — | — | |
| Chairman | 2025 | — | — | |
| Deputy Chairman | 2021 | — | — |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of EXPLORE WEST AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Arild Mjelstad | Chief Executive Officer | 0 companies |
| Martin Hatlem | Deputy Member | 0 companies |
| Otto-Andre Nordby | Deputy Member | 0 companies |
| Silje Sulen Gullaksen | Deputy Member | 0 companies |
| Øyvind Sæthre | Chief Executive Officer | 0 companies |
| Stine Mari Gullaksen Storemark Nordby | Board of Directors | 0 companies |
| Camilla Osebakken | Board of Directors | 0 companies |
| Daniel Mjelstad | Board of Directors | 0 companies |
| Harald Norheim | Board of Directors | 0 companies |
| Niclas Mjelstad | Chairman | 0 companies |
| Vidar Magne Nordøy | Deputy Chairman | 0 companies |