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WEST VENTURE TWO AS
AS
Active
Org 932037297
Dronning Mauds Gate 15, 0250 Oslo
Rental and operating of own or leased real estate · NACE 6820
Est. 2023
0 employees
www.erlaeiendom.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 382K
+4% vs 2023
EBITDA margin
47.4%
-30% vs 2023
Equity ratio
82.8%
Financial strength
Net profit 2024
NOK 139K
-31% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 382K
+4%
EBITDA
NOK 181K
-30%
Net profit
NOK 139K
-31%
Total assets
NOK 2,9M
+7%
Equity
NOK 2,4M
+0%
Employees
0
—
Company information
Legal name
WEST VENTURE TWO AS
Org number
932037297
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
12. september 2023
Share capital
NOK 1 000 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene eller to styremedlemmer i fellesskap.
Company purpose
Å investere i fast eiendom eller selskaper som eier fast eiendom, og alt som dermed står i forbindelse.
Contact
Address
Dronning Mauds Gate 15, 0250 Oslo
Website
www.erlaeiendom.no
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Companies in Rental and operating of own or leased real estate
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2023
0M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2023
0M
2024
Income statement
NOK thousands
Item
2023
2024
Revenue
369
382
Staff expenses
−0
−0
EBITDA
258
181
Depreciation & amort.
−0
−0
EBIT
258
181
Net financials
0
−3
Profit before tax
258
178
Tax
57
39
Net profit
201
139
Balance sheet
NOK thousands
Item
2023
2024
Total assets
2 699
2 898
Equity
2 399
2 399
Long-term debt
243
243
Short-term debt
57
256
Total debt
299
499
Financial ratios
5-year trend
EBITDA margin
47.4%
This company
15.8%
Market median
+200% vs market
2023
2024
Equity ratio
82.8%
This company
38.2%
Market median
+117% vs market
2023
2024
Return on equity
5.8%
This company
18.4%
Market median
-68% vs market
2023
2024
Net profit margin
36.4%
This company
8.1%
Market median
+349% vs market
2023
2024
Asset turnover
0.13×
This company
1.12×
Market median
-88% vs market
2023
2024
Debt / equity
0.21×
This company
0.62×
Market median
+66% vs market
2023
2024
Annual reports & filings
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
Management
Actively employed in the business
Name
Role
Member since
Former (1)
FF
Frode Fiane
Chief Executive Officer
Chief Executive Officer
2023 – 2023
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
ØP
Øistein Pedersen
Chairman
2025
TM
Torjus Mykland
Board of Directors
2025
KB
Kristoffer Bøe Henriksen
Board of Directors
2025
Former (4)
FE
Fabian Emil Erla
Chairman
2023 – 2025
PK
Per Kumle
Board of Directors
2023 – 2023
KP
Kenneth Petter Ericson
Board of Directors
2023 – 2025
KE
Kim Erla
Chairman
2023 – 2023
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Erla Eiendom As
Company
100%
100%
2024
Borger Withsgt 22 As
Company
20%
20%
2023
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
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Company hierarchy
Erla Eiendom Holding As
Erla Eiendom As
WEST VENTURE TWO AS
(this company)
Board network connections
Board members of WEST VENTURE TWO AS also hold positions in
0
other companies.
Person
Role here
Other companies
Frode Fiane
Chief Executive Officer
0 companies
Fabian Emil Erla
Chairman
0 companies
Øistein Pedersen
Chairman
0 companies
Per Kumle
Board of Directors
0 companies
Kenneth Petter Ericson
Board of Directors
0 companies
Kim Erla
Chairman
0 companies
Torjus Mykland
Board of Directors
0 companies
Kristoffer Bøe Henriksen
Board of Directors
0 companies