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Frank Westgård Skogsdrift AS
AS
Active
Org 994545418
Blikstad, 2450
Rena
Logging
·
NACE 0220
Est. 2009 · 16 years old
7 employees
Monitor
Share
Norway
/
Companies
/
Logging
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Frank Westgård Skogsdrift AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
21M
16M
11M
5M
0M
2021: 10M
10M
2021
2022: 9M (-10% vs 2021)
9M
-10%
2022
2023: 9M (0% vs 2022)
9M
0%
2023
2024: 16M (+78% vs 2023)
16M
+78%
2024
2025: 17M (+6% vs 2024)
17M
+6%
2025
EBITDA
NOK millions
2M
2M
1M
1M
0M
2021: 0M
0M
2021
2022: 0M
0M
2022
2023: 1M
1M
2023
2024: 2M (+100% vs 2023)
2M
+100%
2024
2025: 1M (-50% vs 2024)
1M
-50%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
17 411
15 698
9 039
8 764
9 557
Staff expenses
−3 763
−2 888
−1 905
−2 363
−2 874
EBITDA
1 253
2 022
536
252
102
Depreciation & amort.
−228
−170
−199
−230
−162
EBIT
1 025
1 852
337
21
−59
Net financials
−44
−45
−50
−46
−70
Profit before tax
981
1 807
287
−25
−129
Tax
217
398
60
−2
−27
Net profit
764
1 410
227
−23
−102
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
5 546
4 909
3 333
2 282
2 816
Equity
2 822
2 058
648
421
444
Long-term debt
0
959
1 460
449
867
Short-term debt
2 094
1 892
1 225
1 411
1 505
Total debt
2 725
2 851
2 685
1 861
2 372
Financial ratios
5-year trend
EBITDA margin
7,2 %
This company
15,8 %
Market median
This company
Market median
54% below market
2021
2025
Equity ratio
50,9 %
This company
38,2 %
Market median
This company
Market median
33% above market
2021
2025
Return on equity
27,1 %
This company
18,4 %
Market median
This company
Market median
47% above market
2021
2025
Net profit margin
4,4 %
This company
8,1 %
Market median
This company
Market median
46% below market
2021
2025
Asset turnover
3,14×
This company
1,12×
Market median
This company
Market median
180% above market
2021
2025
Debt / equity
0,97×
This company
0,62×
Market median
This company
Market median
56% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
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
More on Frank Westgård Skogsdrift AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
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