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Westgroup AS
AS
Active
Org 988815616
Brendehaugen 13, 6065
Ulsteinvik
Coating of metals
·
NACE 2551
Est. 2005 · 20 years old
2 employees
Monitor
Share
Norway
/
Companies
/
Coating of metals
/
Westgroup AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
7M
6M
4M
2M
0M
2020: 6M
6M
2020
2021: 3M (-50% vs 2020)
3M
-50%
2021
2022: 3M (0% vs 2021)
3M
0%
2022
2023: 5M (+67% vs 2022)
5M
+67%
2023
2024: 5M (0% vs 2023)
5M
0%
2024
EBITDA
NOK millions
4M
3M
2M
1M
0M
2020: 3M
3M
2020
2021: 1M (-67% vs 2020)
1M
-67%
2021
2022: 1M (0% vs 2021)
1M
0%
2022
2023: 3M (+200% vs 2022)
3M
+200%
2023
2024: 2M (-33% vs 2023)
2M
-33%
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
5 208
4 611
3 037
3 170
6 213
Staff expenses
−1 228
−892
−1 457
−1 540
−1 134
EBITDA
1 771
2 815
528
746
3 397
Depreciation & amort.
−850
−1 000
−983
−934
−788
EBIT
920
1 815
−454
−187
2 609
Net financials
−270
−268
−115
−112
−202
Profit before tax
650
1 547
−569
−300
2 408
Tax
106
303
−151
−76
530
Net profit
544
1 244
−418
−224
1 878
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
30 093
30 539
29 516
29 582
30 864
Equity
21 092
20 548
19 512
20 190
20 414
Long-term debt
7 395
8 114
8 673
8 189
8 949
Short-term debt
1 605
1 877
1 331
1 202
1 501
Total debt
9 000
9 991
10 004
9 391
10 450
Financial ratios
5-year trend
EBITDA margin
34,0 %
This company
15,8 %
Market median
This company
Market median
115% above market
2020
2024
Equity ratio
70,1 %
This company
38,2 %
Market median
This company
Market median
84% above market
2020
2024
Return on equity
2,6 %
This company
18,4 %
Market median
This company
Market median
86% below market
2020
2024
Net profit margin
10,5 %
This company
8,1 %
Market median
This company
Market median
30% above market
2020
2024
Asset turnover
0,17×
This company
1,12×
Market median
This company
Market median
85% below market
2020
2024
Debt / equity
0,43×
This company
0,62×
Market median
This company
Market median
31% below 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 Westgroup AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network