WESTNOFA EIENDOM AS

6650 SURNADAL

Finances

Share Ownership

Return on Equity

6,83 %

Current Ratio

0,69

Debt-to-Equity Ratio

2,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 494 000	4 346 000	4 307 000	4 092 000
Net Income	612 000	696 000	684 000	570 000
Total Assets	32 065 000	32 212 000	32 604 000	32 947 000
Total Equity	8 965 000	9 025 000	9 386 000	8 809 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 494 000	4 346 000	4 307 000	4 092 000
Expenditure	3 056 000	2 938 000	2 849 000	2 597 000
Operating Profit	1 438 000	1 407 000	1 458 000	1 494 000
Financial Income	132 000	33 000	34 000	41 000
Financial Costs	785 000	548 000	616 000	805 000
Financial Balance	−653 000	−515 000	−582 000	−764 000
Earnings Before Tax	785 000	893 000	876 000	731 000
Tax	173 000	196 000	192 000	161 000
Net Income	612 000	696 000	684 000	570 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 608 000	30 046 000	31 245 000	32 504 000
Total Current Assets	2 457 000	2 166 000	1 360 000	443 000
Total Assets	32 065 000	32 212 000	32 604 000	32 947 000
Total Retained Equity	2 965 000	3 025 000	3 386 000	2 809 000
Total Equity	8 965 000	9 025 000	9 386 000	8 809 000
Total Long-Term Debt	19 537 000	20 722 000	21 912 000	23 307 000
Total Current Debt	3 562 000	2 466 000	1 306 000	832 000
Total Equity and Debt	32 065 000	32 212 000	32 604 000	32 947 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	58 000	26 000	60 000	13 000
Other Income	4 436 000	4 320 000	4 247 000	4 079 000
Revenue	4 494 000	4 346 000	4 307 000	4 092 000
Cost of Goods Sold	0	0	33 000	0
Salary Costs	0	0	0	0
Depreciation	2 020 000	2 020 000	1 998 000	1 456 000
Impairment	0	0	0	0
Expenditure	3 056 000	2 938 000	2 849 000	2 597 000
Operating Profit	1 438 000	1 407 000	1 458 000	1 494 000
Financial Income	132 000	33 000	34 000	41 000
Financial Costs	785 000	548 000	616 000	805 000
Financial Balance	−653 000	−515 000	−582 000	−764 000
Dividends	0	0	0	0
Net Income	612 000	696 000	684 000	570 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 949 000	1 681 000	1 424 000	1 193 000
Real Eastate	25 509 000	27 565 000	29 571 000	31 311 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	25 509 000	27 565 000	29 571 000	31 311 000
Total Fiancial Fixed Assets	2 150 000	800 000	250 000	0
Total Fixed Assets	29 608 000	30 046 000	31 245 000	32 504 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 150 000	1 914 000	1 297 000	73 000
Total Current Assets	2 457 000	2 166 000	1 360 000	443 000
Total Assets	32 065 000	32 212 000	32 604 000	32 947 000
Total Equity	8 965 000	9 025 000	9 386 000	8 809 000
Short-Term Group Debt	861 000	1 356 000	136 000	128 000
Total Long-Term Debt	19 537 000	20 722 000	21 912 000	23 307 000
Creditors	263 000	246 000	24 000	329 000
Unpaid Taxes	178 000	119 000	159 000	29 000
Dividends	0	0	0	0
Other Current Debt	2 008 000	590 000	593 000	110 000
Total Current Debt	3 562 000	2 466 000	1 306 000	832 000
Total Equity and Debt	32 065 000	32 212 000	32 604 000	32 947 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,83 %	7,71 %	7,29 %	6,47 %
Debt-to-Equity Ratio	2,18	2,3	2,33	2,65
Operating Profit Margin	32 %	32,37 %	33,85 %	36,51 %
Current Ratio	0,69	0,88	1,04	0,53
Quick Ratio	0,69	0,88	1,04	0,53
Equity Ratio	0,28	0,28	0,29	0,27
Gross Profit Margin	100 %	100 %	99,23 %	100 %