THOMAS WESTVOLD AS

1353 BÆRUMS VERK

Finances

Share Ownership

Return on Equity

67,84 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	74 225 000	74 357 000	76 505 000	61 918 000
Net Income	1 021 000	1 079 000	1 333 000	982 000
Total Assets	9 508 000	8 705 000	8 983 000	7 550 000
Total Equity	1 505 000	1 484 000	1 404 000	1 271 000

Income (NOK)	2022	2021	2020	2019
Revenue	74 225 000	74 357 000	76 505 000	61 918 000
Expenditure	72 993 000	72 998 000	74 829 000	60 722 000
Operating Profit	1 233 000	1 359 000	1 676 000	1 197 000
Financial Income	76 000	25 000	33 000	61 000
Financial Costs	0	0	0	−1 000
Financial Balance	76 000	25 000	33 000	62 000
Earnings Before Tax	1 309 000	1 384 000	1 709 000	1 258 000
Tax	288 000	304 000	376 000	276 000
Net Income	1 021 000	1 079 000	1 333 000	982 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	797 000	123 000	78 000	59 000
Total Current Assets	8 712 000	8 582 000	8 905 000	7 491 000
Total Assets	9 508 000	8 705 000	8 983 000	7 550 000
Total Retained Equity	1 005 000	984 000	904 000	771 000
Total Equity	1 505 000	1 484 000	1 404 000	1 271 000
Total Long-Term Debt	0	4 000	4 000	1 000
Total Current Debt	8 003 000	7 217 000	7 575 000	6 278 000
Total Equity and Debt	9 508 000	8 705 000	8 983 000	7 550 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	72 044 000	72 548 000	74 845 000	60 232 000
Other Income	2 181 000	1 809 000	1 660 000	1 686 000
Revenue	74 225 000	74 357 000	76 505 000	61 918 000
Cost of Goods Sold	60 879 000	61 011 000	62 942 000	50 642 000
Salary Costs	4 769 000	4 806 000	4 690 000	4 025 000
Depreciation	281 000	22 000	12 000	6 000
Impairment	0	0	0	0
Expenditure	72 993 000	72 998 000	74 829 000	60 722 000
Operating Profit	1 233 000	1 359 000	1 676 000	1 197 000
Financial Income	76 000	25 000	33 000	61 000
Financial Costs	0	0	0	−1 000
Financial Balance	76 000	25 000	33 000	62 000
Dividends	1 000 000	1 000 000	1 200 000	800 000
Net Income	1 021 000	1 079 000	1 333 000	982 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	786 000	123 000	78 000	59 000
Total Tangible Assets	786 000	123 000	78 000	59 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	797 000	123 000	78 000	59 000
Stock	2 620 000	2 171 000	1 984 000	2 412 000
Total Investments	0	0	0	0
Cash, Bank	5 477 000	5 907 000	6 475 000	4 745 000
Total Current Assets	8 712 000	8 582 000	8 905 000	7 491 000
Total Assets	9 508 000	8 705 000	8 983 000	7 550 000
Total Equity	1 505 000	1 484 000	1 404 000	1 271 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 000	4 000	1 000
Creditors	5 028 000	4 260 000	4 327 000	3 788 000
Unpaid Taxes	425 000	356 000	398 000	321 000
Dividends	1 000 000	1 000 000	1 200 000	800 000
Other Current Debt	1 247 000	1 297 000	1 276 000	1 094 000
Total Current Debt	8 003 000	7 217 000	7 575 000	6 278 000
Total Equity and Debt	9 508 000	8 705 000	8 983 000	7 550 000

Financial indicators	2022	2021	2020	2019
Return on Equity	67,84 %	72,71 %	94,94 %	77,26 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,66 %	1,83 %	2,19 %	1,93 %
Current Ratio	1,09	1,19	1,18	1,19
Quick Ratio	1,62	1,7	1,59	1,94
Equity Ratio	0,16	0,17	0,16	0,17
Gross Profit Margin	17,98 %	17,95 %	17,73 %	18,21 %