WESTBO AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

46,01 %

Current Ratio

3,05

Debt-to-Equity Ratio

15,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 632 000	4 159 000	4 405 000	3 240 000
Net Income	1 425 000	631 000	−107 000	−215 000
Total Assets	57 288 000	43 566 000	43 645 000	43 876 000
Total Equity	3 097 000	1 672 000	1 041 000	1 177 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 632 000	4 159 000	4 405 000	3 240 000
Expenditure	2 015 000	2 272 000	3 227 000	2 020 000
Operating Profit	3 617 000	1 888 000	1 178 000	1 219 000
Financial Income	1 000	1 000	4 000	16 000
Financial Costs	1 792 000	1 080 000	1 320 000	1 511 000
Financial Balance	−1 791 000	−1 079 000	−1 316 000	−1 495 000
Earnings Before Tax	1 826 000	809 000	−138 000	−276 000
Tax	402 000	178 000	−30 000	−60 000
Net Income	1 425 000	631 000	−107 000	−215 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 167 000	42 443 000	42 725 000	43 012 000
Total Current Assets	15 121 000	1 122 000	919 000	863 000
Total Assets	57 288 000	43 566 000	43 645 000	43 876 000
Total Retained Equity	2 932 000	1 507 000	941 000	1 077 000
Total Equity	3 097 000	1 672 000	1 041 000	1 177 000
Total Long-Term Debt	49 227 000	39 788 000	39 881 000	40 207 000
Total Current Debt	4 964 000	2 106 000	2 722 000	2 492 000
Total Equity and Debt	57 288 000	43 566 000	43 645 000	43 876 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 510 000	4 159 000	0	0
Other Income	122 000	0	4 405 000	3 240 000
Revenue	5 632 000	4 159 000	4 405 000	3 240 000
Cost of Goods Sold	18 000	149 000	270 000	0
Salary Costs	113 000	0	0	266 000
Depreciation	276 000	282 000	287 000	293 000
Impairment	0	0	0	0
Expenditure	2 015 000	2 272 000	3 227 000	2 020 000
Operating Profit	3 617 000	1 888 000	1 178 000	1 219 000
Financial Income	1 000	1 000	4 000	16 000
Financial Costs	1 792 000	1 080 000	1 320 000	1 511 000
Financial Balance	−1 791 000	−1 079 000	−1 316 000	−1 495 000
Dividends	0	0	0	0
Net Income	1 425 000	631 000	−107 000	−215 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	42 167 000	42 443 000	42 725 000	43 012 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	42 167 000	42 443 000	42 725 000	43 012 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	42 167 000	42 443 000	42 725 000	43 012 000
Stock	0	0	123 000	303 000
Total Investments	0	0	0	0
Cash, Bank	88 000	262 000	199 000	19 000
Total Current Assets	15 121 000	1 122 000	919 000	863 000
Total Assets	57 288 000	43 566 000	43 645 000	43 876 000
Total Equity	3 097 000	1 672 000	1 041 000	1 177 000
Short-Term Group Debt	45 000	440 000	0	0
Total Long-Term Debt	49 227 000	39 788 000	39 881 000	40 207 000
Creditors	1 409 000	1 241 000	744 000	491 000
Unpaid Taxes	197 000	75 000	47 000	67 000
Dividends	0	0	0	0
Other Current Debt	2 906 000	206 000	214 000	315 000
Total Current Debt	4 964 000	2 106 000	2 722 000	2 492 000
Total Equity and Debt	57 288 000	43 566 000	43 645 000	43 876 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,01 %	37,74 %	−10,28 %	−18,27 %
Debt-to-Equity Ratio	15,9	23,8	38,31	34,16
Operating Profit Margin	64,22 %	45,4 %	26,74 %	37,62 %
Current Ratio	3,05	0,53	0,34	0,35
Quick Ratio	3,05	0,53	0,35	0,39
Equity Ratio	0,05	0,04	0,02	0,03
Gross Profit Margin	99,68 %	96,42 %	93,87 %	100 %