WEST AUTO AS

6065 ULSTEINVIK

Finances

Return on Equity

13,82 %

Current Ratio

1,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 619 000	2 987 000	3 756 000	8 850 000
Net Income	192 000	−150 000	−698 000	627 000
Total Assets	2 147 000	1 838 000	2 413 000	3 419 000
Total Equity	1 389 000	1 236 000	1 386 000	2 083 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 619 000	2 987 000	3 756 000	8 850 000
Expenditure	6 364 000	3 172 000	4 637 000	8 042 000
Operating Profit	255 000	−184 000	−880 000	808 000
Financial Income	1 000	0	1 000	19 000
Financial Costs	9 000	7 000	15 000	23 000
Financial Balance	−8 000	−7 000	−14 000	−4 000
Earnings Before Tax	247 000	−192 000	−894 000	804 000
Tax	54 000	−42 000	−196 000	177 000
Net Income	192 000	−150 000	−698 000	627 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	798 000	821 000	1 127 000	1 216 000
Total Current Assets	1 349 000	1 017 000	1 286 000	2 203 000
Total Assets	2 147 000	1 838 000	2 413 000	3 419 000
Total Retained Equity	489 000	336 000	486 000	1 183 000
Total Equity	1 389 000	1 236 000	1 386 000	2 083 000
Total Long-Term Debt	0	0	165 000	370 000
Total Current Debt	758 000	602 000	862 000	965 000
Total Equity and Debt	2 147 000	1 838 000	2 413 000	3 419 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 220 000	2 574 000	3 090 000	8 544 000
Other Income	399 000	413 000	666 000	306 000
Revenue	6 619 000	2 987 000	3 756 000	8 850 000
Cost of Goods Sold	1 118 000	166 000	44 000	816 000
Salary Costs	1 939 000	904 000	1 306 000	2 614 000
Depreciation	0	0	16 000	41 000
Impairment	0	0	0	0
Expenditure	6 364 000	3 172 000	4 637 000	8 042 000
Operating Profit	255 000	−184 000	−880 000	808 000
Financial Income	1 000	0	1 000	19 000
Financial Costs	9 000	7 000	15 000	23 000
Financial Balance	−8 000	−7 000	−14 000	−4 000
Dividends	0	0	0	0
Net Income	192 000	−150 000	−698 000	627 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	43 000	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	162 000
Total Tangible Assets	0	0	0	162 000
Total Fiancial Fixed Assets	798 000	778 000	1 126 000	1 053 000
Total Fixed Assets	798 000	821 000	1 127 000	1 216 000
Stock	58 000	21 000	1 000	34 000
Total Investments	0	0	0	0
Cash, Bank	877 000	666 000	540 000	1 472 000
Total Current Assets	1 349 000	1 017 000	1 286 000	2 203 000
Total Assets	2 147 000	1 838 000	2 413 000	3 419 000
Total Equity	1 389 000	1 236 000	1 386 000	2 083 000
Short-Term Group Debt	51 000	0	0	0
Total Long-Term Debt	0	0	165 000	370 000
Creditors	167 000	430 000	69 000	271 000
Unpaid Taxes	69 000	37 000	102 000	146 000
Dividends	0	0	0	0
Other Current Debt	471 000	135 000	690 000	370 000
Total Current Debt	758 000	602 000	862 000	965 000
Total Equity and Debt	2 147 000	1 838 000	2 413 000	3 419 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,82 %	−12,14 %	−50,36 %	30,1 %
Debt-to-Equity Ratio	0	0	0,12	0,18
Operating Profit Margin	3,85 %	−6,16 %	−23,43 %	9,13 %
Current Ratio	1,78	1,69	1,49	2,28
Quick Ratio	1,93	1,75	1,49	2,37
Equity Ratio	0,65	0,67	0,57	0,61
Gross Profit Margin	83,11 %	94,44 %	98,83 %	90,78 %