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Westcoat AS
AS
Active
Org 993124710
Brendehaugen 13, 6065
Ulsteinvik
Coating of metals
·
NACE 2551
Est. 2008 · 17 years old
39 employees
Monitor
Share
Norway
/
Companies
/
Coating of metals
/
Westcoat AS
Overview
Financials
People & ownership
Related companies
Loading company…
Financials
Revenue
NOK millions
34M
25M
17M
8M
0M
2020: 27M
27M
2020
2021: 22M (-19% vs 2020)
22M
-19%
2021
2022: 15M (-32% vs 2021)
15M
-32%
2022
2023: 17M (+13% vs 2022)
17M
+13%
2023
2024: 23M (+35% vs 2023)
23M
+35%
2024
EBITDA
NOK millions
3M
2M
0M
-1M
-2M
2020: 2M
2M
2020
2021: -1M (-150% vs 2020)
-1M
-150%
2021
2022: 0M (+100% vs 2021)
0M
+100%
2022
2023: 0M
0M
2023
2024: 1M
1M
2024
Income statement
NOK thousands
Item
2024
2023
2022
2021
2020
Revenue
23 436
17 470
14 732
21 769
27 471
Staff expenses
−16 013
−10 640
−10 666
−2 209
−2 255
EBITDA
615
145
82
−774
2 193
Depreciation & amort.
−260
−131
−99
−73
−80
EBIT
355
14
−17
−847
2 113
Net financials
134
69
20
325
−35
Profit before tax
489
83
2
−522
2 079
Tax
108
21
1
−115
219
Net profit
382
63
2
−407
−317
Balance sheet
NOK thousands
Item
2024
2023
2022
2021
2020
Total assets
6 716
6 751
4 869
5 400
5 446
Equity
3 686
3 304
2 566
2 560
2 967
Long-term debt
0
0
0
0
0
Short-term debt
3 030
3 447
2 303
2 840
2 478
Total debt
3 030
3 447
2 303
2 840
2 478
Financial ratios
5-year trend
EBITDA margin
2,6 %
This company
15,8 %
Market median
This company
Market median
84% below market
2020
2024
Equity ratio
54,9 %
This company
38,2 %
Market median
This company
Market median
44% above market
2020
2024
Return on equity
10,4 %
This company
18,4 %
Market median
This company
Market median
43% below market
2020
2024
Net profit margin
1,6 %
This company
8,1 %
Market median
This company
Market median
80% below market
2020
2024
Asset turnover
3,49×
This company
1,12×
Market median
This company
Market median
212% above market
2020
2024
Debt / equity
0,82×
This company
0,62×
Market median
This company
Market median
32% above 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 Westcoat AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
