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Western Bulk Carriers AS
AS
Active
Org 979993609
Henrik Ibsens Gate 100, 0255
Oslo
Sea and coastal freight water transport
·
NACE 5020
Est. 1998 · 28 years old
0 employees
Monitor
Share
Norway
/
Companies
/
Sea and coastal freight water transport
/
Western Bulk Carriers AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
802M
601M
401M
200M
0M
2021: 596M
596M
2021
2022: 644M (+8% vs 2021)
644M
+8%
2022
2023: 358M (-44% vs 2022)
358M
-44%
2023
2024: 421M (+18% vs 2023)
421M
+18%
2024
2025: 289M (-31% vs 2024)
289M
-31%
2025
EBITDA
NOK millions
38M
23M
8M
-8M
-23M
2021: 5M
5M
2021
2022: 26M (+420% vs 2021)
26M
+420%
2022
2023: -11M (-142% vs 2022)
-11M
-142%
2023
2024: 10M (+191% vs 2023)
10M
+191%
2024
2025: -4M (-140% vs 2024)
-4M
-140%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
289 326
421 048
357 593
644 350
596 325
Staff expenses
−0
−0
−0
−0
−0
EBITDA
−4 372
10 114
−10 586
25 872
5 013
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−4 372
10 114
−10 586
25 872
5 013
Net financials
1 291
247
883
−675
−559
Profit before tax
−3 081
10 361
−9 703
25 197
4 454
Tax
−89
1 126
1 065
1 063
736
Net profit
−2 992
9 235
−10 768
24 134
3 718
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
44 488
50 179
41 509
82 766
74 518
Equity
26 820
29 812
20 577
31 345
17 211
Long-term debt
0
53
64
83
116
Short-term debt
17 668
20 314
20 868
51 338
57 191
Total debt
17 668
20 367
20 932
51 421
57 307
Financial ratios
5-year trend
EBITDA margin
−1,5 %
This company
15,8 %
Market median
This company
Market median
109% below market
2021
2025
Equity ratio
60,3 %
This company
38,2 %
Market median
This company
Market median
58% above market
2021
2025
Return on equity
−11,2 %
This company
18,4 %
Market median
This company
Market median
161% below market
2021
2025
Net profit margin
−1,0 %
This company
8,1 %
Market median
This company
Market median
112% below market
2021
2025
Asset turnover
6,50×
This company
1,12×
Market median
This company
Market median
480% above market
2021
2025
Debt / equity
0,66×
This company
0,62×
Market median
This company
Market median
6% above 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
More on Western Bulk Carriers AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
