Riskpilot← Back to searchSign inGet full accessKLINGER WESTAD AS
ASActiveOrg 936612741Heggenveien 530, 3360 GeithusManufacture of other taps and valves · NACE 2814Est. 1985154 employees
Revenue 2024
NOK 525,8M
+23% vs 2023
EBITDA margin
9.1%
+8% vs 2023
Equity ratio
45.2%
Financial strength
Net profit 2024
NOK 35,5M
+4% vs 2023
| Revenue | NOK 525,8M | +23% |
| EBITDA | NOK 47,6M | +8% |
| Net profit | NOK 35,5M | +4% |
| Total assets | NOK 397,5M | +30% |
| Equity | NOK 179,7M | +17% |
| Employees | 154 | — |
Legal name
KLINGER WESTAD AS
Org number
936612741
Legal form
Aksjeselskap
NACE code
2814 · Manufacture of other taps and valves
Founded
23. mai 1985
Share capital
NOK 11 000 000
Employees
154 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Address
Heggenveien 530, 3360 Geithus
Phone
+4732789500
Email
westad@klinger-westad.com
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| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 424 937 | 242 446 | 442 223 | 429 045 | 525 782 |
| Staff expenses | −0 | −0 | −0 | −0 | −0 |
| EBITDA | 63 732 | 32 896 | 49 038 | 43 993 | 47 641 |
| Depreciation & amort. | −10 809 | −10 031 | −8 766 | −8 394 | −7 058 |
| EBIT | 52 923 | 22 865 | 40 272 | 35 600 | 40 583 |
| Net financials | 5 409 | −4 547 | −2 683 | 7 970 | 4 739 |
| Profit before tax | 58 332 | 18 318 | 37 589 | 43 570 | 45 322 |
| Tax | 13 084 | −0 | −0 | −0 | −0 |
| Net profit | 45 248 | 14 589 | 29 676 | 34 052 | 35 457 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 251 912 | 257 565 | 251 556 | 305 527 | 397 486 |
| Equity | 140 925 | 125 514 | 140 189 | 154 242 | 179 699 |
| Long-term debt | 15 003 | 11 142 | 8 233 | 5 324 | 2 415 |
| Short-term debt | 95 984 | 120 909 | 103 133 | 145 962 | 215 372 |
| Total debt | 110 987 | 132 051 | 111 366 | 151 286 | 217 787 |
EBITDA margin
9.1%
This company
15.8%
Market median
-42% vs market
20202024
Equity ratio
45.2%
This company
38.2%
Market median
+18% vs market
20202024
Return on equity
19.7%
This company
18.4%
Market median
+7% vs market
20202024
Net profit margin
6.7%
This company
8.1%
Market median
-17% vs market
20202024
Asset turnover
1.32×
This company
1.12×
Market median
+18% vs market
20202024
Debt / equity
1.21×
This company
0.62×
Market median
-95% vs market
20202024
- 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 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
| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
JT Chief Executive Officer | Chief Executive Officer | 2006 |
CB Deputy Member | Deputy Member | 2025 |
| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
| Board of Directors | 2021 | |
| Chairman | 2021 | |
| Chairman | 2025 | |
| Former (3) | ||
| Board of Directors | 2021 – 2025 | |
| Board of Directors | 2017 – 2021 | |
| Board of Directors | 2017 – 2021 | |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
Klinger Holding Gmbh | Company | 100% | 100% | 2024 |
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KLINGER WESTAD AS 
WESTAD CHINA HOLDING ASBoard members of KLINGER WESTAD AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Jørn-Inge Throndsen | Chief Executive Officer | 0 companies |
| Carina Bjørnson Berntsen | Deputy Member | 0 companies |
| Sigurd Woie | Board of Directors | 0 companies |
| Øyvind Berget | Board of Directors | 0 companies |
| Daniel Schibli | Chairman | 0 companies |
| Peter Müller | Board of Directors | 0 companies |
| Anders Kjøll | Board of Directors | 0 companies |
| Christoph Klinger-Lohr | Chairman | 0 companies |