WESTECH AS
Score · fiscal year 2024
61of 100
How to read this: the company is ahead of 72 % of small companies in the same sector in 2024. What does this mean?
Rank: 10,398 of 37,180 · Handel
Profile
Elephant · Steward
Lower profitability, high solidity
Position against comparable companies in 2024, not a verdict on the company. Based on profitability 34 and solidity 97 out of 100 among small companies in the same sector in 2024. Methodology
Against the sector
WESTECH AS is 11 points above the median for small companies in the same sector in 2024.
Median score 50 among 34,777 companies.
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating margin | – | 2.2% |
| Profit margin | – | 2.0% |
| Return on assets | −0.6% | 3.7% |
| Equity ratio | 100.0% | 38.4% |
| Debt-to-equity | 0.00 | 0.97 |
| Current ratio | – | 1.68 |
| Revenue growth | – | 2.2% |
The median and “ahead of” refer to small companies in the same sector in 2024. The bar shows the share of companies the figure is ahead of.
With an index of 61, WESTECH AS does better than 72% of small companies in the same sector (34,894 companies) in 2024.
Score 2023–2025
- WESTECH AS
- Median: small companies in the same sector
What the numbers say
WESTECH AS had an operating margin of – and an equity ratio of 100.0% in 2024, and ranks 10,398 of 37,180 in Handel.
No large changes in the key figures from 2023 to 2024.
This text is generated automatically from the 2024 accounts.
Three simple methods
One method gives a figure: 2 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | not meaningful |
| EV/EBIT | 8.0 | not meaningful |
| P/B | 1.0 | 2 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
- watch
The company made a loss before tax. Are these one-off items or a pattern?
Based on: Profit margin – (median 2.0%).
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Revenue not reported
Scenario analysis: the sector's weakest year
We have no accounts for 2017, the sector's weakest year, for this company.
The sector's weakest year was 2017, with a median operating margin of −65.6%. Based on the 11 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 34 | weight 30% |
|---|---|---|
| Solidity | 97 | weight 25% |
| Liquidity | – | no data, left out |
| Growth | – | no data, left out |
| Consistency | 54 | weight 15% |
Durability: 65 (average over 2 years)
Index version 2. Data completeness 70%: the share of the weights that had data.
Questions and answers
How profitable is WESTECH AS?
The operating margin was – in 2024, against a median of 2.2% among small companies in the same sector. Return on assets was −0.6%. The company made a loss before tax.
How solid is WESTECH AS?
The equity ratio was 100.0% in 2024 (median 38.4%). Debt-to-equity was 0.00 (median 0.97).
How does WESTECH AS compare in Handel?
WESTECH AS ranks 10,398 of 37,180 in Handel for 2024. Among companies of the same size (small companies) it ranks 9,751 of 34,894.
From the Central Coordinating Register
- Org. no.
- 963294247
- Legal form
- AS
- Sector
- Handel (46.900)
- Size tier
- small
- Employees
- 0–4 (not registered)
- Founded
- 2 January 1992 34 years in operation
- Share capital
- 0.10 MNOK
- Business address
- c/o Geir A. Bjorøy, Nilsvikvegen 10, 5177 BJØRØYHAMN (ØYGARDEN)
- Municipality
- Øygarden rank 1–5 of 13 in KOSTRA group 10
- 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
- Chief executive
- Geir Arne Bjorøy
- Chair of the board
- Geir Arne Bjorøy
- Deputy member
- Benedicte Iselin Bjorøy
- Auditor
- CEDRA NORGE AS
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 28 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 70 | 61 | 85 | |
| Rank | 6,186 | 10,398 | 503 | |
| Operating margin | – | – | – | |
| Return on assets | −0.6% | −0.6% | 31.4% | |
| Equity ratio | 100.0% | 100.0% | 98.8% | |
| Current ratio | – | – | 33.53 | |
| Revenue growth | – | – | – |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | – | – | – |
| Operating profit | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Profit before tax | 0.0 MNOK | 0.0 MNOK | 1.0 MNOK |
| Net profit | 0.0 MNOK | 0.0 MNOK | 1.0 MNOK |
| Financial expenses | – | – | 0.0 MNOK |
| Total assets | 2.2 MNOK | 2.2 MNOK | 3.3 MNOK |
| Current assets | 0.2 MNOK | 0.2 MNOK | 1.3 MNOK |
| Equity | 2.2 MNOK | 2.2 MNOK | 3.2 MNOK |
| Retained earnings | 2.1 MNOK | 2.1 MNOK | 3.1 MNOK |
| Total liabilities | 0.0 MNOK | 0.0 MNOK | 0.0 MNOK |
| Current liabilities | – | – | 0.0 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 28 October 2026, accounts id 5474163.
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