Liquidity
Weak0.25
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
EXPLORE WEST AS
Org. no. 928 187 756 · Private limited company (AS) · Active · Rognsvågen 1, 5947, FEDJE · FEDJE · 79.121 – Excursion and event organiser activities
ActiveVAT registeredRegister of Business Enterprises
- Organisation form
- AS
- Employees
- Not registered
- Established
- 5 November 2021
- Municipality
- FEDJE
- Industry code
- 79.121
EXPLORE WEST AS is a private limited company (as) registered in FEDJE since 2021. The organisation number is 928 187 756. The latest submitted annual accounts are for 2025.
Source: The Brønnøysund Register Centre · Last updated 15 November 2026 at 22:24
Overview
Quick overview
Status and key figures
Based on the latest submitted annual accounts (2025) and registry data.
Profitability
Strong17.5 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Strong40.5 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
- Operating revenue
- 1.2 m NOK
- -0.5 % vs. the year before
- Net result
- 162 k NOK
- Fiscal year 2025
- Equity
- 411 k NOK
- Fiscal year 2025
- Status
- Active
- Central Coordinating Register
- Employees
- –
- Registered in the Central Coordinating Register
- Founded
- 5 November 2021
- Place
- FEDJE
- Industry
- Excursion and event organiser activities
- 79.121
- Public contracts
- –
- Roles
- 4
- People and entities
The gauges are calculated key figures with open thresholds, not a credit assessment. All amounts come from the Register of Company Accounts.
Calculated by us
Proffi Risk Indicator
73
av 100
Moderate risk
Based on status, solvency, liquidity, profitability, trend and how recent the accounts are. Public register data only.
This is an indicative assessment, not a credit rating. It does not replace your own due diligence before entering into an agreement.
Proffi+
Proffi estimated value
Calculating …
Indicative model estimate based on public accounting figures and typical industry multiples. Not an appraisal, a valuation or investment advice.
Development
Revenue and profit
RevenueResult
Development
Solvency and profitability (%)
SolidityProfitability
Registry data
Company information
- Organisation number
- 928 187 756
- Organisation form
- Private limited company (AS)
- Registered in the Central Coordinating Register
- 22 November 2021
- Date of incorporation
- 5 November 2021
- Number of employees
- Not stated
- Language form
- Norwegian Bokmål
- Latest submitted annual accounts
- 2025
- Deleted
- Not provided
- Website
- www.explorewest.no
- Bankruptcy date
- Not provided
Addresses
Visiting and postal address
Business address
Rognsvågen 15947 FEDJEFEDJE municipalityNorgePostal address
Not registered
Industry
Industry and sector
- 79.121
Excursion and event organiser activities(main industry)
N Professional, scientific and technical activities › 79 Travel agency, tour operator and other reservation service and related activities › 79.1 Travel agency and tour operator activities › 79.12 Tour operator activities
See the industry: largest companies and key figures →What does this industry cover?
Omfatter: Arrangement, tilrettelegging og markedsføring av utflukts- og eventpakker; skreddersydde pakker til grupper eller enkeltpersoner. Utflukts- og eventarrangørenes aktivitet omfatter planlegging og sammensetting av kortere turer hvor reise- og turisttjenestene som inngår i hovedsak er produsert av andre. Transport og overnatting er normalt ikke en stor del av arrangementet. Utflukts- og eventpakkene kan selges av reisebyråer. Arrangørene kan være kontraktfestet av eller operere som uavhengige arrangører. Ekskluderer: Produktlanseringer og PR-eventer for andre grupperes under 73.110 Reklamebyråvirksomhet. Salg av pakkereiser grupperes under 79.11 Reisebyråvirksomhet. Organisering og salg av pakker hvor egne tjenester er hovedelement grupperes under 93.291 Opplevelsesaktiviteter, eller under næringshovedområde H Transport og lagring hvis transport er hovedelementet. Arrangører som tilrettelegger lengre reiser som inkluderer transport og overnatting grupperes under 79.122 Reisearrangørvirksomhet ellers. Kongress-, messe- og utstillingsvirksomhet for andre grupperes under 82.30 Kongress-, messe- og utstillingsvirksomhet.
Institutional sector code: Private aksjeselskaper mv. (2100)
Statutory purpose
Opplevelsesbasert reiseliv, inkludert båttransport, guidede turer, utleievirksomhet, overnatting, servering, arrangementer og annen beslektet virksomhet, samt deltakelse i andre selskaper med lignende virksomhet.
Registry status
Registrations and status
- Registered in the Register of Business Enterprises
- Registered in the VAT register
- Registered in the Register of Non-Profit Organisations
- Registered in the Register of Foundations
- Bankruptcy
- In liquidation
- In compulsory liquidation
Experiences
Reviews
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Accounts
Financial overview
Accounts and key figures
Fiscal year 2025 · Amounts in NOK
Data basis
3 stored years
Liquidity
Weak0.25
How the figure is assessed
Current assets divided by current liabilities. Below 1.0 is weak, 1.0–1.5 needs attention and 1.5 or more is strong.
Profitability
Strong17.5 %
How the figure is assessed
Operating profit divided by operating revenue. Below 0% is weak, 0–10% needs attention and 10% or more is strong.
Solidity
Strong40.5 %
How the figure is assessed
Equity divided by assets. Below 10% is weak, 10–30% needs attention and 30% or more is strong.
Key numbers and development
Only reported amounts from the Register of Company Accounts
| Accounting item | 2025 | 2024 | 2023 | Development |
|---|---|---|---|---|
| Operating revenue | 1,193,627 | 1,199,521 | 0 | |
| Operating profit | 209,301 | 203,695 | -11,641 | |
| Profit before tax | 207,516 | 204,129 | -11,501 | |
| Net result | 161,684 | 161,722 | -11,501 | |
| Total assets | 1,015,503 | 562,124 | 88,062 | |
| Equity | 411,467 | 249,784 | 88,062 | |
| Liabilities | 604,036 | 312,340 | 0 |
The gauges are calculated key figures with open thresholds. They are not a credit assessment.
Graphical analysis
3 fiscal years (2023–2025)
- Operating revenue 2025
- 1,193,627 NOK
- Net result 2025
- 161,684 NOK
- Revenue growth
- -0.5 %
Revenue and profit
Amounts in NOK
Operating margin
Calculated by us, in percent
Equity and liabilities
Balance sheet in NOK
Register of Company Accounts
Annual accounts 2025
Period 2025-01-01 to 2025-12-31. Currency NOK. Audited annual accounts. Virksomheten har fravalgt revisjon.
Income statement
| Total operating revenue | 1,193,627 NOK |
|---|---|
| Total operating expenses | 984,326 NOK |
| Operating profit | 209,301 NOK |
| Total financial income | 0 NOK |
| Total financial expenses | 1,785 NOK |
| Net financial items | -1,785 NOK |
| Profit before tax | 207,516 NOK |
| Net result | 161,684 NOK |
Assets
| Total fixed assets | 871,821 NOK |
|---|---|
| Total current assets | 143,682 NOK |
| Total assets | 1,015,503 NOK |
Equity and liabilities
| Paid-in equity | 60,000 NOK |
|---|---|
| Retained earnings | 351,467 NOK |
| Total equity | 411,467 NOK |
| Current liabilities | 581,397 NOK |
| Long-term liabilities | 22,639 NOK |
| Total debt | 604,036 NOK |
| Total equity and liabilities | 1,015,503 NOK |
Register of Company Accounts
Annual accounts 2024
Period 2024-01-01 to 2024-12-31. Currency NOK. Audited annual accounts. Virksomheten har fravalgt revisjon.
Income statement
| Total operating revenue | 1,199,521 NOK |
|---|---|
| Total operating expenses | 995,826 NOK |
| Operating profit | 203,695 NOK |
| Total financial income | 491 NOK |
| Total financial expenses | 57 NOK |
| Net financial items | 434 NOK |
| Profit before tax | 204,129 NOK |
| Net result | 161,722 NOK |
Assets
| Total fixed assets | 323,000 NOK |
|---|---|
| Total current assets | 239,124 NOK |
| Total assets | 562,124 NOK |
Equity and liabilities
| Paid-in equity | 60,000 NOK |
|---|---|
| Retained earnings | 189,784 NOK |
| Total equity | 249,784 NOK |
| Current liabilities | 305,608 NOK |
| Long-term liabilities | 6,732 NOK |
| Total debt | 312,340 NOK |
| Total equity and liabilities | 562,124 NOK |
Register of Company Accounts
Annual accounts 2023
Period 2023-01-01 to 2023-12-31. Currency NOK. Audited annual accounts. Virksomheten har fravalgt revisjon.
Income statement
| Total operating revenue | 0 NOK |
|---|---|
| Total operating expenses | 11,641 NOK |
| Operating profit | -11,641 NOK |
| Total financial income | 216 NOK |
| Total financial expenses | 76 NOK |
| Net financial items | 140 NOK |
| Profit before tax | -11,501 NOK |
| Net result | -11,501 NOK |
Assets
| Total fixed assets | 0 NOK |
|---|---|
| Total current assets | 88,062 NOK |
| Total assets | 88,062 NOK |
Equity and liabilities
| Paid-in equity | 60,000 NOK |
|---|---|
| Retained earnings | 28,062 NOK |
| Total equity | 88,062 NOK |
| Current liabilities | 0 NOK |
| Long-term liabilities | 0 NOK |
| Total debt | 0 NOK |
| Total equity and liabilities | 88,062 NOK |
Source: Register of Company Accounts, Brønnøysund Register Centre. Figures are shown as submitted, and historical years are never overwritten by newer submissions.
Key figures
Calculated by us
Key figures
| Key figures | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue growthChange in total operating revenue from the previous fiscal year. | -0.5 % | – | – |
| Operating marginOperating profit divided by total operating revenue. | 17.5 % | 17 % | – |
| Profit marginOrdinary profit before tax divided by total operating revenue. | 17.4 % | 17 % | – |
| Equity ratioTotal equity divided by total assets. | 40.5 % | 44.4 % | 100 % |
| Current ratioTotal current assets divided by total current liabilities. | 0.25 | 0.78 | – |
| Debt ratioTotal liabilities divided by total equity. | 1.47 | 1.25 | 0 |
| Return on assetsOrdinary profit before tax plus financial expenses, divided by total assets. | 20.6 % | 36.3 % | -13 % |
| Return on equityNet profit divided by total equity. | 39.3 % | 64.7 % | -13.1 % |
About the calculation
The key figures are calculated by us (formula version v1) from public accounts in the Register of Company Accounts. A figure is only calculated when all input values exist and the denominator is not zero. The figures are not a credit assessment.
Roles and owners
Registry data
Roles
Chief executive officer
- Chief executive officerArild Mjelstad
Board
- Chair of the boardNiclas Mjelstad
- Board memberDaniel Mjelstad
- Board memberHarald Norheim
Source: The Brønnøysund Register Centre. We only show name and role as published by the register – never date of birth or private address.
Organisation
Structure
Organisation structure
- Entity type
- Main entity
- Parent entity
- Not stated
- Number of sub-units
- 1
Overview
Structure map
EXPLORE WEST AS
EXPLORE WEST AS
FEDJE
Registry data
Sub-units
| Name | Org. no. | Place | Employees |
|---|---|---|---|
| EXPLORE WEST ASExcursion and event organiser activities | 928 436 284 | FEDJE | – |
More about the company
This has not been registered yet. We never show made-up information.
Services and products
The company has not added any services yet.
Public approvals
Not in the Norwegian Building Authority's central approval register.
Public contracts
No notices found in TED where the company is a supplier or contracting authority.
Registered changes
We show changes from the Brønnøysund Register Centre's change log from the next registered change.
Documents
Certificates of registration and other documents require a separate agreement with a document provider.
Transparency
Sources and data quality
Company information
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 22:24
Open official sourceRoles
Brønnøysund Register Centre · Public register
Last retrieved 15 November 2026 at 22:24
Open official sourceAccounts and key figures
Register of Company Accounts · Public register
Last retrieved 15 November 2026 at 22:24
Open official sourceAddress (verified)
Norwegian Mapping Authority – Geonorge address API · Public register
Last retrieved 15 November 2026 at 22:24
Open official sourceCentral approval
Norwegian Building Authority (DiBK) · No approval found
Last retrieved 15 November 2026 at 22:24
Open official sourceIndustry standard (SN2007)
Statistics Norway – KLASS · Official standard
Last retrieved 15 November 2026 at 22:24
Open official source
Public registry data is updated periodically and cannot be changed by the company. Calculated figures are marked “Calculated by us”.
Report an errorSource
Public registry fields on this page come from the Central Coordinating Register and cannot be changed by the company. Self-reported content is marked separately.
Read about the data sources