Riskpilot← Back to searchSign inGet full accessFRANK WESTGÅRD SKOGSDRIFT AS
ASActiveOrg 994545418Blikstad, 2450 RenaLogging · NACE 0220Est. 20096 employees
Revenue 2024
NOK 15,7M
+74% vs 2023
EBITDA margin
12.9%
+277% vs 2023
Equity ratio
41.9%
Financial strength
Net profit 2024
NOK 1,4M
+522% vs 2023
| Revenue | NOK 15,7M | +74% |
| EBITDA | NOK 2M | +277% |
| Net profit | NOK 1,4M | +522% |
| Total assets | NOK 4,9M | +47% |
| Equity | NOK 2,1M | +217% |
| Employees | 6 | — |
Legal name
FRANK WESTGÅRD SKOGSDRIFT AS
Org number
994545418
Legal form
Aksjeselskap
NACE code
0220 · Logging
Founded
21. september 2009
Share capital
NOK 100 000
Employees
6 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Hogst og avvirkning av tømmer og annen entreprenørvirksomhet, herunder også deltagelse i andre selskaper samt hva som herved står i forbindelse.
Address
Blikstad, 2450 Rena
Phone
+4799476975
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | 8 538 | 9 557 | 8 764 | 9 039 | 15 698 |
| Staff expenses | −2 448 | −2 874 | −2 363 | −1 905 | −2 888 |
| EBITDA | 985 | 102 | 252 | 536 | 2 022 |
| Depreciation & amort. | −308 | −162 | −230 | −199 | −170 |
| EBIT | 678 | −59 | 21 | 337 | 1 852 |
| Net financials | −86 | −70 | −46 | −50 | −45 |
| Profit before tax | 591 | −129 | −25 | 287 | 1 807 |
| Tax | 29 | −27 | −2 | 60 | 398 |
| Net profit | 562 | −102 | −23 | 227 | 1 410 |
| Item | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Total assets | 2 982 | 2 816 | 2 282 | 3 333 | 4 909 |
| Equity | 546 | 444 | 421 | 648 | 2 058 |
| Long-term debt | 883 | 867 | 449 | 1 460 | 959 |
| Short-term debt | 1 553 | 1 505 | 1 411 | 1 225 | 1 892 |
| Total debt | 2 435 | 2 372 | 1 861 | 2 685 | 2 851 |
EBITDA margin
12.9%
This company
15.8%
Market median
-18% vs market
20202024
Equity ratio
41.9%
This company
38.2%
Market median
+10% vs market
20202024
Return on equity
68.5%
This company
18.4%
Market median
+272% vs market
20202024
Net profit margin
9.0%
This company
8.1%
Market median
+11% vs market
20202024
Asset turnover
3.20×
This company
1.12×
Market median
+186% vs market
20202024
Debt / equity
1.39×
This company
0.62×
Market median
-124% vs market
20202024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- 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
No data on file.
| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
| Chairman | 2014 | |
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
No registered parent or subsidiaries
Board members of FRANK WESTGÅRD SKOGSDRIFT AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Frank Westgård | Chairman | 0 companies |