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HZ EIENDOM AS
AS
Active
Org 947631144
Tornesvegen 241, 6440 Elnesvågen
Wholesale of other machinery and equipment · NACE 4664
Est. 1988
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2025
NOK 766K
0% vs 2024
EBITDA margin
75.2%
+20% vs 2024
Equity ratio
17.3%
Financial strength
Net profit 2025
NOK 58K
+266% vs 2024
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
1M
2021
0M
-100%
2022
0M
0%
2023
0M
0%
2024
1M
+100%
2025
Key figures
Annual report 2025
Revenue
NOK 766K
+0%
EBITDA
NOK 576K
+20%
Net profit
NOK 58K
+266%
Total assets
NOK 4,9M
-1%
Equity
NOK 850K
+7%
Employees
0
—
Company information
Legal name
HZ EIENDOM AS
Org number
947631144
Legal form
Aksjeselskap
NACE code
4664 · Wholesale of other machinery and equipment
Founded
28. oktober 1988
Share capital
NOK 100 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2025-12-31
Financial year
January – December
Contact
Address
Tornesvegen 241, 6440 Elnesvågen
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Companies in Wholesale of other machinery and equipment
Companies in Hustadvika
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
1M
2021
1M
2022
1M
2023
1M
2024
1M
2025
EBITDA
NOK millions
0M
0M
1M
1M
1M
1M
2021
0M
2022
0M
2023
0M
2024
1M
2025
Income statement
NOK thousands
Item
2021
2022
2023
2024
2025
Revenue
676
699
738
766
766
Staff expenses
−0
−0
−0
−0
−0
EBITDA
547
369
428
479
576
Depreciation & amort.
−234
−224
−232
−229
−229
EBIT
312
145
195
250
347
Net financials
−168
−152
−244
−294
−273
Profit before tax
144
−7
−49
−44
74
Tax
32
−2
−11
−10
16
Net profit
113
−6
−38
−35
58
Balance sheet
NOK thousands
Item
2021
2022
2023
2024
2025
Total assets
5 885
5 377
5 149
4 977
4 909
Equity
788
782
766
793
850
Long-term debt
4 738
4 519
4 331
4 152
0
Short-term debt
360
75
51
32
59
Total debt
5 097
4 594
4 382
4 184
4 059
Financial ratios
5-year trend
EBITDA margin
75.2%
This company
15.8%
Market median
+376% vs market
2021
2025
Equity ratio
17.3%
This company
38.2%
Market median
-55% vs market
2021
2025
Return on equity
6.8%
This company
18.4%
Market median
-63% vs market
2021
2025
Net profit margin
7.5%
This company
8.1%
Market median
-7% vs market
2021
2025
Asset turnover
0.16×
This company
1.12×
Market median
-86% vs market
2021
2025
Debt / equity
4.77×
This company
0.62×
Market median
-669% vs market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
LM
Lone Male Westad
Deputy Member
Deputy Member
2011
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
PB
Per Bjørnar Westad
Chairman
2011
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Westad Holding As
Company
100%
100%
2024
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Company hierarchy
Westad Holding As
HZ EIENDOM AS
(this company)
Board network connections
Board members of HZ EIENDOM AS also hold positions in
0
other companies.
Person
Role here
Other companies
Lone Male Westad
Deputy Member
0 companies
Per Bjørnar Westad
Chairman
0 companies