WESTERNBUTIKKEN AS

3940 PORSGRUNN

Finances

Share Ownership

Return on Equity

19,06 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 553 000	2 744 000	2 428 000	2 542 000
Net Income	118 000	2 000	19 000	6 000
Total Assets	1 380 000	1 287 000	1 455 000	1 462 000
Total Equity	619 000	501 000	498 000	479 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 553 000	2 744 000	2 428 000	2 542 000
Expenditure	3 318 000	2 696 000	2 345 000	2 439 000
Operating Profit	236 000	48 000	84 000	103 000
Financial Income	5 000	2 000	8 000	0
Financial Costs	96 000	48 000	72 000	97 000
Financial Balance	−91 000	−46 000	−64 000	−97 000
Earnings Before Tax	145 000	2 000	19 000	6 000
Tax	27 000	0	0	0
Net Income	118 000	2 000	19 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 000	100 000	125 000	156 000
Total Current Assets	1 299 000	1 187 000	1 330 000	1 306 000
Total Assets	1 380 000	1 287 000	1 455 000	1 462 000
Total Retained Equity	589 000	471 000	468 000	449 000
Total Equity	619 000	501 000	498 000	479 000
Total Long-Term Debt	0	56 000	121 000	181 000
Total Current Debt	761 000	730 000	836 000	802 000
Total Equity and Debt	1 380 000	1 287 000	1 455 000	1 462 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 541 000	2 730 000	2 421 000	2 538 000
Other Income	12 000	14 000	8 000	4 000
Revenue	3 553 000	2 744 000	2 428 000	2 542 000
Cost of Goods Sold	1 695 000	1 314 000	1 119 000	1 216 000
Salary Costs	592 000	496 000	462 000	459 000
Depreciation	19 000	25 000	31 000	27 000
Impairment	0	0	0	0
Expenditure	3 318 000	2 696 000	2 345 000	2 439 000
Operating Profit	236 000	48 000	84 000	103 000
Financial Income	5 000	2 000	8 000	0
Financial Costs	96 000	48 000	72 000	97 000
Financial Balance	−91 000	−46 000	−64 000	−97 000
Dividends	0	0	0	0
Net Income	118 000	2 000	19 000	6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	81 000	100 000	125 000	156 000
Total Tangible Assets	81 000	100 000	125 000	156 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	81 000	100 000	125 000	156 000
Stock	1 046 000	1 035 000	1 154 000	1 172 000
Total Investments	0	0	0	0
Cash, Bank	189 000	95 000	101 000	67 000
Total Current Assets	1 299 000	1 187 000	1 330 000	1 306 000
Total Assets	1 380 000	1 287 000	1 455 000	1 462 000
Total Equity	619 000	501 000	498 000	479 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	56 000	121 000	181 000
Creditors	79 000	74 000	48 000	7 000
Unpaid Taxes	181 000	141 000	130 000	113 000
Dividends	0	0	0	0
Other Current Debt	219 000	241 000	371 000	437 000
Total Current Debt	761 000	730 000	836 000	802 000
Total Equity and Debt	1 380 000	1 287 000	1 455 000	1 462 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,06 %	0,4 %	3,82 %	1,25 %
Debt-to-Equity Ratio	0	0,11	0,24	0,38
Operating Profit Margin	6,64 %	1,75 %	3,46 %	4,05 %
Current Ratio	1,71	1,63	1,59	1,63
Quick Ratio	−4,56	−3,89	−4,18	−3,53
Equity Ratio	0,45	0,39	0,34	0,33
Gross Profit Margin	52,29 %	52,11 %	53,91 %	52,16 %