WESTEK AS
Score · fiscal year 2025
77of 100
How to read this: the company is ahead of 95 % of small companies in the same sector in 2025. What does this mean?
Rank: 162 of 3,375 · Sjømat
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2025, not a verdict on the company. Based on profitability 93 and solidity 82 out of 100 among small companies in the same sector in 2025. Methodology
Against the sector
WESTEK AS is 28 points above the median for small companies in the same sector in 2025.
Median score 49 among 2,962 companies.
Against small companies in the same sector in 2025: operating margin 49.2% (median 10.0%) and equity ratio 88.0% (median 32.6%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 0 MNOK | 1 MNOK |
| Operating margin | 49.2% | 10.0% |
| Profit margin | 50.6% | 6.7% |
| Return on assets | 45.6% | 2.7% |
| Equity ratio | 88.0% | 32.6% |
| Debt-to-equity | 0.14 | 1.16 |
| Current ratio | 6.42 | 1.55 |
| Revenue growth | −3.8% | 16.0% |
The median and “ahead of” refer to small companies in the same sector in 2025. The bar shows the share of companies the figure is ahead of.
With an index of 77, WESTEK AS does better than 95% of small companies in the same sector (2,988 companies) in 2025.
Score 2023–2025
- WESTEK AS
- Median: small companies in the same sector
WESTEK AS has a score of 77 for 2025, rank 162 of 3,375 in the sector.
Strongest: Profitability: percentile 93 against peers, operating margin 49.2% against a median of 10.0%. Solidity: percentile 82 against peers, equity ratio 88.0% against a median of 32.6%.
Weakest: Growth: percentile 29 against peers, revenue growth −3.8% against a median of 16.0%.
Worth a closer look
- What lies behind weak growth, and will it last?
Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made
What the numbers say
WESTEK AS had an operating margin of 49.2% and an equity ratio of 88.0% in 2025, and ranks 162 of 3,375 in Sjømat.
From 2024 to 2025: the operating margin fell from 59.6% to 49.2% and the equity ratio rose from 81.5% to 88.0%.
This text is generated automatically from the 2025 accounts.
Three simple methods
The methods give between 0 MNOK and 1 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 1 MNOK |
| EV/EBIT | 8.0 | 1 MNOK |
| P/B | 1.0 | 0 MNOK |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
- positive
Upper quartile on profitability, solidity and liquidity. What sets this company apart from the rest of the sector?
Based on: Operating margin 49.2% (median 10.0%); Equity ratio 88.0% (median 32.6%); Current ratio 6.42 (median 1.55).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
No anomalies found in the figures.
Scenario analysis: the sector's weakest year
We have no accounts for 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of −1.7%. Based on the 7 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 93 | weight 30% |
|---|---|---|
| Solidity | 82 | weight 25% |
| Liquidity | 82 | weight 15% |
| Growth | 29 | weight 15% |
| Consistency | 75 | weight 15% |
Durability: 74 (average over 3 years)
Index version 2. Data completeness 100%: the share of the weights that had data.
Questions and answers
How profitable is WESTEK AS?
The operating margin was 49.2% in 2025, against a median of 10.0% among small companies in the same sector. Return on assets was 45.6%.
How solid is WESTEK AS?
The equity ratio was 88.0% in 2025 (median 32.6%). Debt-to-equity was 0.14 (median 1.16).
What is the liquidity of WESTEK AS like?
The current ratio was 6.42 in 2025 (median 1.55).
How does WESTEK AS compare in Sjømat?
WESTEK AS ranks 162 of 3,375 in Sjømat for 2025. Among companies of the same size (small companies) it ranks 142 of 2,988. Revenue changed by −3.8% from the year before.
From the Central Coordinating Register
- Org. no.
- 932769522
- Legal form
- AS
- Sector
- Sjømat (03.110)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 29 December 2023 2 years in operation
- Share capital
- 0.03 MNOK
- Business address
- Solvangvegen 43, 5519 HAUGESUND
- Municipality
- Haugesund rank 1–6 of 13 in KOSTRA group 10
- Audit
- Audit opted out from 4 January 2024
- Latest accounts filed
- 2025
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
- Chair of the board
- Bjørn Ivar Løvvig Westergaard
- Accountant
- ADDERA SA
Source: Central Coordinating Register, fetched 25 October 2026. Only names are shown.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 27 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 63 | 82 | 77 | |
| Rank | 777 | 71 | 162 | |
| Operating margin | – | 59.6% | 49.2% | |
| Return on assets | 0.0% | 86.9% | 45.6% | |
| Equity ratio | 81.4% | 81.5% | 88.0% | |
| Current ratio | 5.39 | 4.68 | 6.42 | |
| Revenue growth | – | – | −3.8% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | 0.3 MNOK | 0.3 MNOK |
| Operating profit | – | 0.2 MNOK | 0.1 MNOK |
| Profit before tax | 0.0 MNOK | 0.2 MNOK | 0.1 MNOK |
| Net profit | 0.0 MNOK | 0.1 MNOK | 0.1 MNOK |
| Financial expenses | – | – | 0.0 MNOK |
| Total assets | 0.0 MNOK | 0.2 MNOK | 0.3 MNOK |
| Current assets | 0.0 MNOK | 0.2 MNOK | 0.2 MNOK |
| Equity | 0.0 MNOK | 0.2 MNOK | 0.3 MNOK |
| Retained earnings | – | 0.1 MNOK | 0.2 MNOK |
| Total liabilities | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Current liabilities | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 27 October 2026, accounts id 6504989.
Further
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