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WESTAND AS
AS
Active
Org 977343496
Accounting, bookkeeping and auditing activities; tax consultancy · NACE 6920
Est. 1997
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2021
NOK 975K
-7% vs 2020
EBITDA margin
-1.9%
-8% vs 2020
Equity ratio
48.2%
Financial strength
Net profit 2021
NOK -17K
-41% vs 2020
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2017
0M
0%
2018
0M
0%
2019
0M
0%
2020
0M
0%
2021
Key figures
Annual report 2021
Revenue
NOK 975K
-7%
EBITDA
NOK -18K
-8%
Net profit
NOK -17K
-41%
Total assets
NOK 388K
-8%
Equity
NOK 187K
-8%
Employees
0
—
Company information
Legal name
WESTAND AS
Org number
977343496
Legal form
Aksjeselskap
NACE code
6920 · Accounting, bookkeeping and auditing activities; tax consultancy
Founded
8. mars 1997
Share capital
—
Employees
0
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Contact
Address
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Visit risika.com
Explore
Companies in Accounting, bookkeeping and auditing activities; tax consultancy
Companies in
All Norway companies
Revenue
NOK millions
0M
0M
1M
1M
1M
1M
2017
1M
2018
1M
2019
1M
2020
1M
2021
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2017
0M
2018
0M
2019
0M
2020
0M
2021
Income statement
NOK thousands
Item
2017
2018
2019
2020
2021
Revenue
1 241
1 161
1 282
1 048
975
Staff expenses
−979
−981
−1 059
−920
−846
EBITDA
98
9
32
−17
−18
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
98
9
32
−17
−18
Net financials
4
5
2
2
1
Profit before tax
102
14
34
−15
−17
Tax
25
4
8
−3
−0
Net profit
77
10
26
−12
−17
Balance sheet
NOK thousands
Item
2017
2018
2019
2020
2021
Total assets
530
428
481
420
388
Equity
180
190
216
204
187
Long-term debt
0
0
0
0
0
Short-term debt
350
237
265
215
201
Total debt
350
237
265
215
201
Financial ratios
5-year trend
EBITDA margin
-1.9%
This company
15.8%
Market median
-112% vs market
2017
2021
Equity ratio
48.2%
This company
38.2%
Market median
+26% vs market
2017
2021
Return on equity
-9.2%
This company
18.4%
Market median
-150% vs market
2017
2021
Net profit margin
-1.8%
This company
8.1%
Market median
-122% vs market
2017
2021
Asset turnover
2.51×
This company
1.12×
Market median
+124% vs market
2017
2021
Debt / equity
1.07×
This company
0.62×
Market median
-73% vs market
2017
2021
Annual reports & filings
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Annual report 2019
Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
View
PDF
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View
PDF
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (4)
SA
Steinar Andersen
Deputy Chairman
2003
EW
Ellen Westlie
Board of Directors
2003
TW
Terje Wiggo Westlie
Board of Directors
2003
KE
Karin Elisabeth Andersen
Chairman
2003
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 WESTAND AS also hold positions in
0
other companies.
Person
Role here
Other companies
Steinar Andersen
Deputy Chairman
0 companies
Ellen Westlie
Board of Directors
0 companies
Terje Wiggo Westlie
Board of Directors
0 companies
Karin Elisabeth Andersen
Chairman
0 companies