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WESTEC AS
AS
Active
Org 985460124
Vestre Skostredet 2, 5017
Bergen
Wholesale of information and communication equipment
·
NACE 4650
Est. 2003 · 23 years old
10 employees
www.westec.no
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Norway
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Companies
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Wholesale of information and communication equipment
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WESTEC AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
0M
6M
12M
18M
24M
8M
2020
14M
2021
15M
2022
19M
2023
21M
2024
EBITDA
NOK millions
3M
2M
1M
1M
0M
0M
2020
1M
+100%
2021
1M
0%
2022
2M
+100%
2023
2M
0%
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
7 781
13 731
15 057
19 204
21 035
Staff expenses
−3 789
−5 414
−6 432
−6 525
−7 772
EBITDA
61
558
583
1 705
2 347
Depreciation & amort.
−24
−21
−17
−29
−65
EBIT
37
538
566
1 677
2 282
Net financials
−6
−7
49
−5
37
Profit before tax
31
530
616
1 672
2 320
Tax
−0
−0
160
358
466
Net profit
31
530
456
1 314
1 853
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
4 080
4 312
5 199
10 100
8 422
Equity
1 639
2 169
2 000
2 000
2 556
Long-term debt
0
0
0
202
335
Short-term debt
2 441
2 143
3 199
7 898
5 531
Total debt
2 441
2 143
3 199
8 100
5 866
Financial ratios
5-year trend
EBITDA margin
11.2%
This company
15.8%
Market median
-29% vs market
2020
2024
Equity ratio
30.3%
This company
38.2%
Market median
+21% vs market
2020
2024
Return on equity
72.5%
This company
18.4%
Market median
+294% vs market
2020
2024
Net profit margin
8.8%
This company
8.1%
Market median
+9% vs market
2020
2024
Asset turnover
2.50×
This company
1.12×
Market median
+123% vs market
2020
2024
Debt / equity
2.29×
This company
0.62×
Market median
-269% vs market
2020
2024
Annual reports & filings
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
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
More on WESTEC AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
