WESTGAARD EIENDOM AS

3269 LARVIK

Finances

Return on Equity

734,42 %

Current Ratio

Debt-to-Equity Ratio

1,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 537 000	1 194 000	1 381 000	1 294 000
Net Income	12 610 000	307 000	709 000	739 000
Total Assets	5 593 000	1 709 000	1 994 000	1 993 000
Total Equity	1 717 000	1 607 000	1 300 000	1 091 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 537 000	1 194 000	1 381 000	1 294 000
Expenditure	745 000	819 000	495 000	384 000
Operating Profit	15 792 000	375 000	886 000	909 000
Financial Income	159 000	9 000	11 000	22 000
Financial Costs	0	0	0	0
Financial Balance	159 000	9 000	11 000	22 000
Earnings Before Tax	15 951 000	384 000	897 000	932 000
Tax	3 341 000	76 000	188 000	192 000
Net Income	12 610 000	307 000	709 000	739 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	418 000	1 262 000	1 318 000	1 374 000
Total Current Assets	5 175 000	446 000	676 000	619 000
Total Assets	5 593 000	1 709 000	1 994 000	1 993 000
Total Retained Equity	1 617 000	1 507 000	1 200 000	991 000
Total Equity	1 717 000	1 607 000	1 300 000	1 091 000
Total Long-Term Debt	2 581 000	0	0	0
Total Current Debt	1 295 000	101 000	694 000	902 000
Total Equity and Debt	5 593 000	1 709 000	1 994 000	1 993 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	16 537 000	1 194 000	1 381 000	1 294 000
Revenue	16 537 000	1 194 000	1 381 000	1 294 000
Cost of Goods Sold	0	0	0	0
Salary Costs	137 000	135 000	126 000	138 000
Depreciation	20 000	56 000	56 000	57 000
Impairment	0	0	0	0
Expenditure	745 000	819 000	495 000	384 000
Operating Profit	15 792 000	375 000	886 000	909 000
Financial Income	159 000	9 000	11 000	22 000
Financial Costs	0	0	0	0
Financial Balance	159 000	9 000	11 000	22 000
Dividends	500 000	0	500 000	700 000
Net Income	12 610 000	307 000	709 000	739 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	368 000	1 212 000	1 268 000	1 324 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	368 000	1 212 000	1 268 000	1 324 000
Total Fiancial Fixed Assets	50 000	50 000	50 000	50 000
Total Fixed Assets	418 000	1 262 000	1 318 000	1 374 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 145 000	421 000	633 000	591 000
Total Current Assets	5 175 000	446 000	676 000	619 000
Total Assets	5 593 000	1 709 000	1 994 000	1 993 000
Total Equity	1 717 000	1 607 000	1 300 000	1 091 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 581 000	0	0	0
Creditors	35 000	7 000	6 000	8 000
Unpaid Taxes	0	0	0	1 000
Dividends	500 000	0	500 000	700 000
Other Current Debt	0	18 000	0	0
Total Current Debt	1 295 000	101 000	694 000	902 000
Total Equity and Debt	5 593 000	1 709 000	1 994 000	1 993 000

Financial indicators	2022	2021	2020	2019
Return on Equity	734,42 %	19,1 %	54,54 %	67,74 %
Debt-to-Equity Ratio	1,5	0	0	0
Operating Profit Margin	95,49 %	31,41 %	64,16 %	70,25 %
Current Ratio	4	4,42	0,97	0,69
Quick Ratio	4	4,42	0,97	0,69
Equity Ratio	0,31	0,94	0,65	0,55
Gross Profit Margin	100 %	100 %	100 %	100 %