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WESTSETH INNOVASJON AS
AS
Active
Org 934983009
Kirkeveien 26, 9300 Finnsnes
Day spa, sauna and steam bath activities · NACE 9623
Est. 2025
— employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 60K
EBITDA margin
37.5%
Equity ratio
90.6%
Financial strength
Net profit 2025
NOK 18K
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2025
Key figures
Annual report 2025
Revenue
NOK 60K
—
EBITDA
NOK 22K
—
Net profit
NOK 18K
—
Total assets
NOK 52K
—
Equity
NOK 48K
—
Employees
—
—
Company information
Legal name
WESTSETH INNOVASJON AS
Org number
934983009
Legal form
Aksjeselskap
NACE code
9623 · Day spa, sauna and steam bath activities
Founded
5. februar 2025
Share capital
NOK 30 000
Employees
—
VAT registered
No
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Company purpose
Kjøp, salg, utleie og service tjenester.
Contact
Address
Kirkeveien 26, 9300 Finnsnes
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Companies in Day spa, sauna and steam bath activities
Companies in Senja
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
0M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2025
Income statement
NOK thousands
Item
2025
Revenue
60
Staff expenses
−0
EBITDA
22
Depreciation & amort.
−0
EBIT
22
Net financials
0
Profit before tax
22
Tax
5
Net profit
18
Balance sheet
NOK thousands
Item
2025
Total assets
52
Equity
48
Long-term debt
0
Short-term debt
5
Total debt
5
Financial ratios
5-year trend
EBITDA margin
37.5%
This company
15.8%
Market median
+137% vs market
2025
2025
Equity ratio
90.6%
This company
38.2%
Market median
+137% vs market
2025
2025
Return on equity
36.9%
This company
18.4%
Market median
+101% vs market
2025
2025
Net profit margin
29.2%
This company
8.1%
Market median
+260% vs market
2025
2025
Asset turnover
1.14×
This company
1.12×
Market median
+2% vs market
2025
2025
Debt / equity
0.10×
This company
0.62×
Market median
+84% vs market
2025
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-20 – 2025-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (2)
TB
Tony Bakketun Hjelmseth
Deputy Chairman
2025
JW
Jakob Westby
Chairman
2025
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of WESTSETH INNOVASJON AS also hold positions in
0
other companies.
Person
Role here
Other companies
Tony Bakketun Hjelmseth
Deputy Chairman
0 companies
Jakob Westby
Chairman
0 companies