WESTRE DISTRIKT AS

6005 ÅLESUND

Finances

Share Ownership

Return on Equity

0,51 %

Current Ratio

16,57

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 000	16 000	12 000	4 000
Net Income	42 000	−49 000	−46 000	50 000
Total Assets	8 897 000	9 136 000	9 589 000	10 258 000
Total Equity	8 289 000	8 512 000	8 792 000	9 141 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 000	16 000	12 000	4 000
Expenditure	130 000	119 000	132 000	70 000
Operating Profit	−78 000	−103 000	−120 000	−66 000
Financial Income	132 000	40 000	61 000	129 000
Financial Costs	0	0	0	0
Financial Balance	132 000	40 000	61 000	129 000
Earnings Before Tax	54 000	−63 000	−59 000	64 000
Tax	12 000	−14 000	−13 000	14 000
Net Income	42 000	−49 000	−46 000	50 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 999 000	2 999 000	2 999 000	2 999 000
Total Current Assets	5 898 000	6 137 000	6 590 000	7 259 000
Total Assets	8 897 000	9 136 000	9 589 000	10 258 000
Total Retained Equity	1 189 000	1 412 000	1 692 000	2 041 000
Total Equity	8 289 000	8 512 000	8 792 000	9 141 000
Total Long-Term Debt	252 000	315 000	394 000	492 000
Total Current Debt	356 000	309 000	404 000	624 000
Total Equity and Debt	8 897 000	9 136 000	9 589 000	10 258 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	52 000	16 000	12 000	4 000
Revenue	52 000	16 000	12 000	4 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	130 000	119 000	132 000	70 000
Operating Profit	−78 000	−103 000	−120 000	−66 000
Financial Income	132 000	40 000	61 000	129 000
Financial Costs	0	0	0	0
Financial Balance	132 000	40 000	61 000	129 000
Dividends	0	0	0	0
Net Income	42 000	−49 000	−46 000	50 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 999 000	2 999 000	2 999 000	2 999 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 999 000	2 999 000	2 999 000	2 999 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 999 000	2 999 000	2 999 000	2 999 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	5 898 000	6 137 000	6 590 000	7 259 000
Total Assets	8 897 000	9 136 000	9 589 000	10 258 000
Total Equity	8 289 000	8 512 000	8 792 000	9 141 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	252 000	315 000	394 000	492 000
Creditors	15 000	14 000	15 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	341 000	295 000	389 000	623 000
Total Current Debt	356 000	309 000	404 000	624 000
Total Equity and Debt	8 897 000	9 136 000	9 589 000	10 258 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,51 %	−0,58 %	−0,52 %	0,55 %
Debt-to-Equity Ratio	0,03	0,04	0,04	0,05
Operating Profit Margin	−150 %	−643,75 %	−1 000 %	−1 650 %
Current Ratio	16,57	19,86	16,31	11,63
Quick Ratio	16,57	19,86	16,31	11,63
Equity Ratio	0,93	0,93	0,92	0,89
Gross Profit Margin	100 %	100 %	100 %	100 %