Private limited company · Alver
WEST TEXTILES AS
ActiveManufacture of luggage, handbags, saddlery and harness of any material (15.120)
The life line 2023–2026
Operating revenue per year, with recorded events above. As a table
Operating revenue 2025: NOK 431k.
Sources: the Register of Company Accounts (company accounts), fetched 5 Nov 2026; the Brønnøysund Register Centre. Each event has the colour of the section it is in.
In brief
WEST TEXTILES AS is a private limited company in Alver, founded in 2023, in the industry manufacture of luggage, handbags, saddlery and harness of any material. The chief executive is Arild Bakke Folkedal, and the chair of the board is Arild Bakke Folkedal. In 2025 the company had NOK 431k in operating revenue and a net profit of NOK 98k. The largest owner is GRENDA HOLDING AS with 100.0%.
Put together by Intelligo from the sections below; each figure stands with its source where it belongs.
Overview
§ 01 Latest changes
4 changes, latest 20 May 2026
- Godkjente årsregnskap
- Vedtektsfestet formål
- Vedtektsdato
- Nyregistrering
Source: the Brønnøysund Register Centre and Intelligo's own observations, fetched 15 Nov 2026 · All events →
Overview
§ 02 Worth knowing
1 point
- OKEquity ratio 84.8%, above the industry median
Assumed: derived by Intelligo by fixed rules, not a credit rating. How we calculate
Overview
§ 03 Key figures
Revenue NOK 431k in 2025
Revenue
NOK 431k
−54.4% from 2024
20232025
Operating profit
NOK 128k
−54.8% from 2024
20232025
Net profit
NOK 98k
−55.3% from 2024
20232025
Equity
NOK 376k
+23.6% from 2024
20232025
Source: the Register of Company Accounts, read 5 Nov 2026 · The full accounts →
Finances
§ 04 Where the money comes from and goes
Financial year 2025
Of every krone of operating revenue in 2025:
- Depreciation 2%
- Other operating costs 68%
- Left as operating result 30%
Of the net profit for 2025, NOK 72k stayed in the company. The rest, NOK 26k, is an assumed dividend.
The assumed dividend is derived by Intelligo from the change in equity, not stated by the source. Source: the Register of Company Accounts via areg.no, read 15 Nov 2026
Finances
§ 05 Financial health
Equity ratio 84.8%
- WEST TEXTILES AS, 2025
- Industry median, assumed: NOK 965k · −4.2% · 53.3% · +0.2%
Equity NOK 376k85% of the assets (NOK 443k)
Source: the Register of Company Accounts, read 5 Nov 2026. The median is derived by Intelligo from 35 companies in industry division 15 (Manufacture of leather and related products of other materials), not stated by the source.
Finances
§ 06 Accounts
3 years, latest 2025
| NOK 1,000 | 2023–25 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Operating revenue | 431 | 945 | 76 | |
| Operating profit | 128 | 282 | 70 | |
| Profit before tax | 126 | 282 | 70 | |
| Net profit | 98 | 220 | 54 | |
| Total assets | 443 | 400 | 130 | |
| Equity | 376 | 304 | 84 | |
| Liabilities | 67 | 96 | 45 |
Source: the Register of Company Accounts, read 5 Nov 2026 · All 3 years →
Management and ownership
§ 07 Officers
3 officers now
- Arild Bakke FolkedalChief executive since 2023
- Arild Bakke FolkedalChair of the board since 2023
- FREKHAUG REGNSKAP Øyvind VaksvikAccountant
Source: the Brønnøysund Register Centre, read 22 Oct 2026 · All 3 roles, former ones too →
Management and ownership
§ 08 Signature, procuration and authorisations
None registered
No signature or procuration registered.The Register of Business Enterprises has no provision for the company. Checked 15 Nov 2026.
Management and ownership
§ 09 Owners
1 shareholder · largest 100.0%
| Owner | Share |
|---|---|
| GRENDA HOLDING AS | 100.0% |
Source: the Tax Administration's Register of Shareholders as of 31 December 2025, read 30 Jul 2026 · All 1 owners →
Management and ownership
§ 10 Group
None registered
Not a group.No subsidiaries in the shareholder register, and no group accounts. Checked 15 Nov 2026.
Management and ownership
§ 11 Portfolio
None registered
No holdings registered.The shareholder register has no shares held by the company. Checked 15 Nov 2026.
Management and ownership
§ 12 Network
4 connections
- Person
- Company
1 person links WEST TEXTILES AS to 2 other companies: Arild Bakke Folkedal 2.
Source: the Brønnøysund Register Centre, read 22 Oct 2026 · Explore the network →
Events and registers
§ 13 Events
6 since 2023
Events per year
20232026
Since 2023: 6 announcements. Most happened in 2023 and 2025.
Source: the announcements of the Brønnøysund Register Centre, the Tax Administration's Register of Shareholders, Doffin, TED and NAV, read 15 Nov 2026. Register changes are Intelligo's own observations. · All 6 events →
Events and registers
§ 14 Notices
6, latest 20 May 2026
- Godkjente årsregnskap
- Godkjente årsregnskap
- Vedtektsfestet formål
Source: The Brønnøysund Register Centre's announcements ↗, read 15 Nov 2026 · All 6 →
Events and registers
§ 15 Charges
Not fetched yet
Events and registers
§ 16 Other registers
Found in 3 of 7
- The Central Coordinating RegisterRegistered 22 Aug 2023
- VATRegistered
- The Register of Business EnterprisesRegistered 22 Aug 2023
- The Cleaning RegisterNot registered
- The Register of Staffing AgenciesNot registered
- Smiley scheme, the Norwegian Food Safety AuthorityNot registered
- The Financial Supervisory Authority's licence registerNot registered
Purpose: Produksjon og salg av produkter for tildekking og andre produkter/tjenester som naturlig hører til dette, herunder å delta i andre selskap med lignende virksomhet, og kjøp og salg av aksjer eller på annen måte gjøre seg interessert i andre foretak. Utleie av eiendom.
Source: the Brønnøysund Register Centre, the Labour Inspection Authority, the Food Safety Authority and the Financial Supervisory Authority, each on its own, fetched 15 Nov 2026
Market
§ 17 Tenders
None registered
No tenders recorded.No public tenders won, lost or announced, in Doffin or TED. Checked 15 Nov 2026.
Market
§ 18 Vacancies
None registered
No vacancies.No open ads at NAV. Checked 15 Nov 2026.
Market
§ 19 Competitors
Industry code 15.120
The companies most like it:
Compare themThe selection is Intelligo's, not stated by the source: companies met in tenders and winners of tenders of the same kind, otherwise the same industry code, nearest in place and size. Source: the Brønnøysund Register Centre, Doffin and TED, fetched 15 Nov 2026 · All competitors → · Largest in the industry →
Last
§ 20 Questions and answers
5 questions
- Who is the chief executive of WEST TEXTILES AS?
Arild Bakke Folkedal, since 2023. § 07 - Who owns WEST TEXTILES AS?
1 shareholder. It is GRENDA HOLDING AS with 100.0%. § 09 - What was the revenue in 2025?
NOK 431k in the company. § 06 - Where is WEST TEXTILES AS based?
Jonsokgrenda 13, 5918 Frekhaug. - When was WEST TEXTILES AS founded?
23 May 2023, registered in the Register of Business Enterprises 22 Aug 2023. § 16
The answers come from the sections linked to, with their sources.