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WESTERN EIENDOM AS
AS
Active
Org 989067109
Vitbank Ringeriksveien 22A, 3414 Lierstranda
Rental and operating of own or leased real estate · NACE 6820
Est. 2005
0 employees
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Full Risika report
Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 2,2M
+15% vs 2023
EBITDA margin
79.3%
+111% vs 2023
Equity ratio
42.2%
Financial strength
Net profit 2024
NOK 852K
+788% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
1M
2020
2M
+100%
2021
2M
0%
2022
1M
-50%
2023
2M
+100%
2024
Key figures
Annual report 2024
Revenue
NOK 2,2M
+15%
EBITDA
NOK 1,7M
+111%
Net profit
NOK 852K
+788%
Total assets
NOK 10,9M
-25%
Equity
NOK 4,6M
-3%
Employees
0
—
Company information
Legal name
WESTERN EIENDOM AS
Org number
989067109
Legal form
Aksjeselskap
NACE code
6820 · Rental and operating of own or leased real estate
Founded
10. desember 2005
Share capital
NOK 100 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder og ett styremedlem i fellesskap.
Company purpose
Investering i og forvaltning av fast eiendom og alt som herved står i forbindelse.
Contact
Address
Vitbank Ringeriksveien 22A, 3414 Lierstranda
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Companies in Rental and operating of own or leased real estate
Companies in Lier
All Norway companies
Revenue
NOK millions
0M
1M
1M
2M
2M
2M
2020
2M
2021
2M
2022
2M
2023
2M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2020
2M
2021
2M
2022
1M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
1 890
1 883
1 890
1 886
2 175
Staff expenses
−0
−0
−0
−0
−0
EBITDA
1 442
1 713
1 620
819
1 725
Depreciation & amort.
−492
−492
−492
−247
−251
EBIT
950
1 222
1 128
573
1 474
Net financials
−354
−299
−388
−450
−383
Profit before tax
596
923
741
123
1 092
Tax
131
203
163
27
240
Net profit
465
720
578
96
852
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
14 668
15 326
15 164
14 478
10 907
Equity
3 118
3 838
4 416
4 741
4 603
Long-term debt
6 880
6 553
6 227
0
0
Short-term debt
4 671
4 934
4 521
4 513
1 414
Total debt
11 550
11 488
10 748
9 737
6 304
Financial ratios
5-year trend
EBITDA margin
79.3%
This company
15.8%
Market median
+402% vs market
2020
2024
Equity ratio
42.2%
This company
38.2%
Market median
+10% vs market
2020
2024
Return on equity
18.5%
This company
18.4%
Market median
+1% vs market
2020
2024
Net profit margin
39.2%
This company
8.1%
Market median
+384% vs market
2020
2024
Asset turnover
0.20×
This company
1.12×
Market median
-82% vs market
2020
2024
Debt / equity
1.37×
This company
0.62×
Market median
-121% 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
Management
Actively employed in the business
No data on file.
Board of directors
Non-executive oversight
Name
Role
Member since
Current (3)
KR
Kenneth Røste Western
Board of Directors
2021
MW
Marianne Western Ramberg
Chairman
2021
BR
Brit Røste Western
Board of Directors
2021
Former (1)
KW
Kjell Western
Chairman
2012 – 2021
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Western Holding As
Company
100%
100%
2024
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Company hierarchy
Western Holding As
WESTERN EIENDOM AS
(this company)
Board network connections
Board members of WESTERN EIENDOM AS also hold positions in
0
other companies.
Person
Role here
Other companies
Kjell Western
Chairman
0 companies
Kenneth Røste Western
Board of Directors
0 companies
Marianne Western Ramberg
Chairman
0 companies
Brit Røste Western
Board of Directors
0 companies