WEST ROBOTICS AND DIGITALISATION AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

200,44 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2019	2018	2017	2016
Revenue	12 272 000	9 520 000	5 558 000	2 236 000
Net Income	3 161 000	1 439 000	1 000	508 000
Total Assets	9 979 000	9 664 000	4 119 000	5 987 000
Total Equity	1 577 000	1 014 000	1 014 000	1 013 000

Income (NOK)	2019	2018	2017	2016
Revenue	12 272 000	9 520 000	5 558 000	2 236 000
Expenditure	8 377 000	7 652 000	5 558 000	1 558 000
Operating Profit	3 895 000	1 868 000	0	678 000
Financial Income	1 000	1 000	15 000	0
Financial Costs	2 000	0	13 000	0
Financial Balance	−1 000	1 000	2 000	0
Earnings Before Tax	3 893 000	1 868 000	1 000	678 000
Tax	733 000	430 000	1 000	169 000
Net Income	3 161 000	1 439 000	1 000	508 000

Balance (NOK)	2019	2018	2017	2016
Total Fixed Assets	0	0	0	0
Total Current Assets	9 979 000	9 664 000	4 119 000	5 987 000
Total Assets	9 979 000	9 664 000	4 119 000	5 987 000
Total Retained Equity	1 077 000	514 000	514 000	513 000
Total Equity	1 577 000	1 014 000	1 014 000	1 013 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 401 000	8 649 000	3 104 000	4 973 000
Total Equity and Debt	9 979 000	9 664 000	4 119 000	5 987 000

Cash flow (NOK)	2019	2018	2017	2016
Sales Income	12 272 000	9 520 000	5 058 000	4 736 000
Other Income	0	0	500 000	−2 500 000
Revenue	12 272 000	9 520 000	5 558 000	2 236 000
Cost of Goods Sold	1 747 000	2 071 000	2 631 000	1 151 000
Salary Costs	4 976 000	5 242 000	2 727 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 377 000	7 652 000	5 558 000	1 558 000
Operating Profit	3 895 000	1 868 000	0	678 000
Financial Income	1 000	1 000	15 000	0
Financial Costs	2 000	0	13 000	0
Financial Balance	−1 000	1 000	2 000	0
Dividends	0	0	0	0
Net Income	3 161 000	1 439 000	1 000	508 000

Balance details (NOK)	2019	2018	2017	2016
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	145 000	87 000	475 000	505 000
Total Current Assets	9 979 000	9 664 000	4 119 000	5 987 000
Total Assets	9 979 000	9 664 000	4 119 000	5 987 000
Total Equity	1 577 000	1 014 000	1 014 000	1 013 000
Short-Term Group Debt	7 382 000	4 743 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	273 000	393 000	533 000	0
Unpaid Taxes	213 000	314 000	291 000	746 000
Dividends	0	0	0	0
Other Current Debt	534 000	3 200 000	2 280 000	4 058 000
Total Current Debt	8 401 000	8 649 000	3 104 000	4 973 000
Total Equity and Debt	9 979 000	9 664 000	4 119 000	5 987 000

Financial indicators	2019	2018	2017	2016
Return on Equity	200,44 %	141,91 %	0,1 %	50,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	31,74 %	19,62 %	0 %	30,32 %
Current Ratio	1,19	1,12	1,33	1,2
Quick Ratio	1,19	1,12	1,33	1,2
Equity Ratio	0,16	0,1	0,25	0,17
Gross Profit Margin	85,76 %	78,25 %	52,66 %	48,52 %