Riskpilot← Back to searchSign inGet full accessWESTNET AS
ASActiveOrg 983858627Maskinveien 9, 4033 StavangerEngineering activities and related technical consultancy · NACE 7112Est. 200130 employees
Revenue 2022
NOK 37,8M
-2% vs 2021
EBITDA margin
9.8%
-54% vs 2021
Equity ratio
24.1%
Financial strength
Net profit 2022
NOK 2,8M
-55% vs 2021
| Revenue | NOK 37,8M | -2% |
| EBITDA | NOK 3,7M | -54% |
| Net profit | NOK 2,8M | -55% |
| Total assets | NOK 14,5M | -32% |
| Equity | NOK 3,5M | -8% |
| Employees | 30 | — |
Legal name
WESTNET AS
Org number
983858627
Legal form
Aksjeselskap
NACE code
7112 · Engineering activities and related technical consultancy
Founded
1. november 2001
Share capital
NOK 180 000
Employees
30 (FTE)
VAT registered
No
Audit selected
No
Last report
2022-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Være et uavhengig kompetansesenter som tilbyr drifts- og utviklingskompetanse innenfor tele og datakommunikasjon samt bistand til salg, ledelse og forretningsutvikling.
Address
Maskinveien 9, 4033 Stavanger
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Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2008 | 2009 | 2010 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 25 870 | 17 960 | 21 363 | 22 513 | 24 948 | 28 921 | 26 201 | 23 625 | 29 953 | 31 559 | 34 507 | 36 238 | 38 761 | 37 812 |
| Staff expenses | −7 552 | −7 322 | −9 486 | −11 552 | −13 649 | −17 481 | −16 683 | −15 143 | −18 214 | −19 469 | −21 658 | −21 906 | −20 909 | −21 319 |
| EBITDA | 4 412 | 3 343 | 3 145 | 3 124 | 3 271 | 3 709 | 3 218 | 2 543 | 5 092 | 5 242 | 4 877 | 6 150 | 8 079 | 3 706 |
| Depreciation & amort. | −163 | −94 | −99 | −269 | −458 | −393 | −305 | −229 | −142 | −112 | −77 | −128 | −81 | −69 |
| EBIT | 4 249 | 3 249 | 3 046 | 2 855 | 2 814 | 3 315 | 2 913 | 2 313 | 4 951 | 5 130 | 4 800 | 6 023 | 7 998 | 3 637 |
| Net financials | 237 | 130 | 108 | 88 | 94 | 52 | 39 | 5 | 4 | 1 | 3 | 3 | −0 | −1 |
| Profit before tax | 4 486 | 3 379 | 3 154 | 2 943 | 2 908 | 3 367 | 2 952 | 2 318 | 4 955 | 5 131 | 4 803 | 6 025 | 7 998 | 3 636 |
| Tax | 1 256 | 951 | 882 | 825 | 825 | 913 | 808 | 589 | 1 204 | 1 192 | 1 057 | 1 327 | 1 761 | 803 |
| Net profit | 3 230 | 2 428 | 2 271 | 2 118 | 2 082 | 2 455 | 2 144 | 1 729 | 3 751 | 3 939 | 3 746 | 4 699 | 6 237 | 2 833 |
| Item | 2008 | 2009 | 2010 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 10 272 | 8 014 | 8 914 | 9 734 | 7 390 | 8 799 | 10 011 | 9 894 | 14 231 | 15 389 | 17 343 | 18 500 | 21 372 | 14 498 |
| Equity | 2 016 | 2 100 | 2 105 | 2 048 | 877 | 1 494 | 2 756 | 2 176 | 2 999 | 3 493 | 3 789 | 3 771 | 3 808 | 3 491 |
| Long-term debt | 0 | 4 | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 8 256 | 5 910 | 6 804 | 7 686 | 6 512 | 7 306 | 7 255 | 7 718 | 11 231 | 11 895 | 13 554 | 14 730 | 17 564 | 11 007 |
| Total debt | 8 256 | 5 914 | 6 809 | 7 686 | 6 512 | 7 306 | 7 255 | 7 718 | 11 231 | 11 895 | 13 554 | 14 730 | 17 564 | 11 007 |
EBITDA margin
9.8%
This company
15.8%
Market median
-38% vs market
20082022
Equity ratio
24.1%
This company
38.2%
Market median
-37% vs market
20082022
Return on equity
81.2%
This company
18.4%
Market median
+341% vs market
20082022
Net profit margin
7.5%
This company
8.1%
Market median
-7% vs market
20082022
Asset turnover
2.61×
This company
1.12×
Market median
+133% vs market
20082022
Debt / equity
3.15×
This company
0.62×
Market median
-408% vs market
20082022
- 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
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
- Annual report 2018Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
- Annual report 2017Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
- Annual report 2016Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
- Annual report 2015Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
- Annual report 2014Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
- Annual report 2013Filed via Brønnøysundsregistrene · Period 2013-01-01 – 2013-12-31
- Annual report 2012Filed via Brønnøysundsregistrene · Period 2012-01-01 – 2012-12-31
- Annual report 2010Filed via Brønnøysundsregistrene · Period 2010-01-01 – 2010-12-31
- Annual report 2009Filed via Brønnøysundsregistrene · Period 2009-01-01 – 2009-12-31
- Annual report 2008Filed via Brønnøysundsregistrene · Period 2008-01-01 – 2008-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
ST Chief Executive Officer | Chief Executive Officer | 2001 | — | — |
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
| Board of Directors | 2013 | — | — | |
| Board of Directors | 2023 | — | — | |
| Chairman | 2013 | — | — | |
| Chairman | 2023 | — | — | |
| Board of Directors | 2023 | — | — | |
| Board of Directors | 2013 | — | — |
| Shareholder | Type | Ownership | Votes | Since |
|---|---|---|---|---|
| Individual | 100.0% | 100.0% | 2022 |
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No registered parent or subsidiaries
Board members of WESTNET AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Steinar Theis Omdahl | Chief Executive Officer | 0 companies |
| Reidar Østrem | Board of Directors | 0 companies |
| Nina Stemshaug | Board of Directors | 0 companies |
| Geir Frode Skjæveland | Chairman | 0 companies |
| Jarl Henning Øverby | Chairman | 0 companies |
| Lene Diesen | Board of Directors | 0 companies |
| Einar Nyheim | Board of Directors | 0 companies |