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WEST ASSET MANAGEMENT AS
AS
Active
Org 932436590
Storemyra 275B, 5954 Mongstad
Support activities for petroleum and natural gas extraction · NACE 0910
Est. 2023
7 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 13,6M
EBITDA margin
5.1%
Equity ratio
27.1%
Financial strength
Net profit 2024
NOK 496K
7 employees
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2024
Key figures
Annual report 2024
Revenue
NOK 13,6M
—
EBITDA
NOK 689K
—
Net profit
NOK 496K
—
Total assets
NOK 9M
—
Equity
NOK 2,4M
—
Employees
7
—
Company information
Legal name
WEST ASSET MANAGEMENT AS
Org number
932436590
Legal form
Aksjeselskap
NACE code
0910 · Support activities for petroleum and natural gas extraction
Founded
10. november 2023
Share capital
NOK 400 000
Employees
7 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
To styremedlemmer i fellesskap.
Company purpose
Investering i og forvaltning av fast eiendom, investering i aksjer og andeler og alt som herved står i forbindelse.
Contact
Address
Storemyra 275B, 5954 Mongstad
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Revenue
NOK millions
0M
4M
8M
12M
16M
14M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2024
Income statement
NOK thousands
Item
2024
Revenue
13 649
Staff expenses
−5 214
EBITDA
689
Depreciation & amort.
−57
EBIT
633
Net financials
3
Profit before tax
636
Tax
141
Net profit
496
Balance sheet
NOK thousands
Item
2024
Total assets
8 984
Equity
2 433
Long-term debt
10
Short-term debt
6 540
Total debt
6 551
Financial ratios
5-year trend
EBITDA margin
5.1%
This company
15.8%
Market median
-68% vs market
2024
2024
Equity ratio
27.1%
This company
38.2%
Market median
-29% vs market
2024
2024
Return on equity
20.4%
This company
18.4%
Market median
+11% vs market
2024
2024
Net profit margin
3.6%
This company
8.1%
Market median
-56% vs market
2024
2024
Asset turnover
1.52×
This company
1.12×
Market median
+36% vs market
2024
2024
Debt / equity
2.69×
This company
0.62×
Market median
-334% vs market
2024
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2023-10-01 – 2024-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
JH
Jan-Erik Hope
Chief Executive Officer
Chief Executive Officer
2024
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
SA
Stian Andreas Rødland Vikebø
Board of Directors
2025
MR
Morten Riiser
Board of Directors
2025
BT
Baste Tveito
Chairman
2025
Former (3)
RM
Richard Michael Cornell
Chairman
2024 – 2025
MH
Marta Heidi Klever
Board of Directors
2024 – 2025
KB
Kristian Brekke Djuve
Chairman
2023 – 2024
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Psw Technology As
Company
100%
100%
2024
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
Scana Asa
Scana Holding As
Psw Technology As
WEST ASSET MANAGEMENT AS
(this company)
Board network connections
Board members of WEST ASSET MANAGEMENT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Jan-Erik Hope
Chief Executive Officer
0 companies
Richard Michael Cornell
Chairman
0 companies
Stian Andreas Rødland Vikebø
Board of Directors
0 companies
Morten Riiser
Board of Directors
0 companies
Marta Heidi Klever
Board of Directors
0 companies
Kristian Brekke Djuve
Chairman
0 companies
Baste Tveito
Chairman
0 companies