WESTEND BAKERI AS

0255 OSLO

Finances

Share Ownership

Return on Equity

68,75 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	441 581 000	434 176 000	336 223 000	285 051 000
Net Income	44 731 000	12 221 000	7 221 000	13 207 000
Total Assets	160 061 000	105 638 000	92 936 000	102 320 000
Total Equity	65 063 000	68 237 000	52 000 000	52 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	441 581 000	434 176 000	336 223 000	285 051 000
Expenditure	385 203 000	418 513 000	324 630 000	268 210 000
Operating Profit	56 379 000	15 663 000	11 592 000	16 840 000
Financial Income	1 037 000	49 000	8 000	172 000
Financial Costs	48 000	26 000	2 355 000	76 000
Financial Balance	989 000	23 000	−2 347 000	96 000
Earnings Before Tax	57 369 000	15 686 000	9 245 000	16 936 000
Tax	12 637 000	3 464 000	2 024 000	3 729 000
Net Income	44 731 000	12 221 000	7 221 000	13 207 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 873 000	34 058 000	41 049 000	46 961 000
Total Current Assets	124 187 000	71 580 000	51 887 000	55 359 000
Total Assets	160 061 000	105 638 000	92 936 000	102 320 000
Total Retained Equity	13 063 000	16 237 000	0	0
Total Equity	65 063 000	68 237 000	52 000 000	52 000 000
Total Long-Term Debt	158 000	1 033 000	1 585 000	1 941 000
Total Current Debt	94 840 000	36 368 000	39 351 000	48 379 000
Total Equity and Debt	160 061 000	105 638 000	92 935 000	102 320 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	441 581 000	434 176 000	336 223 000	285 249 000
Other Income	0	0	0	−198 000
Revenue	441 581 000	434 176 000	336 223 000	285 051 000
Cost of Goods Sold	279 400 000	275 701 000	211 548 000	166 991 000
Salary Costs	33 330 000	27 031 000	16 740 000	15 681 000
Depreciation	10 057 000	9 731 000	9 335 000	12 825 000
Impairment	0	0	0	0
Expenditure	385 203 000	418 513 000	324 630 000	268 210 000
Operating Profit	56 379 000	15 663 000	11 592 000	16 840 000
Financial Income	1 037 000	49 000	8 000	172 000
Financial Costs	48 000	26 000	2 355 000	76 000
Financial Balance	989 000	23 000	−2 347 000	96 000
Dividends	0	0	7 221 000	21 477 000
Net Income	44 731 000	12 221 000	7 221 000	13 207 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	16 258 000	24 387 000	32 516 000	40 644 000
Total Intangible Assets	16 258 000	24 387 000	33 225 000	41 440 000
Real Eastate	1 073 000	1 315 000	1 584 000	1 015 000
Machinery and Plant Facilities	7 615 000	8 188 000	3 355 000	0
Fixtures	10 928 000	168 000	2 885 000	4 506 000
Total Tangible Assets	19 616 000	9 671 000	7 824 000	5 520 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	35 873 000	34 058 000	41 049 000	46 961 000
Stock	3 866 000	3 263 000	2 756 000	2 681 000
Total Investments	0	0	0	0
Cash, Bank	641 000	40 499 000	30 275 000	27 928 000
Total Current Assets	124 187 000	71 580 000	51 887 000	55 359 000
Total Assets	160 061 000	105 638 000	92 936 000	102 320 000
Total Equity	65 063 000	68 237 000	52 000 000	52 000 000
Short-Term Group Debt	62 911 000	8 125 000	9 603 000	0
Total Long-Term Debt	158 000	1 033 000	1 585 000	1 941 000
Creditors	24 984 000	5 024 000	4 191 000	19 108 000
Unpaid Taxes	1 335 000	1 458 000	956 000	720 000
Dividends	0	0	7 221 000	21 477 000
Other Current Debt	5 610 000	21 760 000	14 999 000	2 947 000
Total Current Debt	94 840 000	36 368 000	39 351 000	48 379 000
Total Equity and Debt	160 061 000	105 638 000	92 935 000	102 320 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,75 %	17,91 %	13,89 %	25,4 %
Debt-to-Equity Ratio	0	0,02	0,03	0,04
Operating Profit Margin	12,77 %	3,61 %	3,45 %	5,91 %
Current Ratio	1,31	1,97	1,32	1,14
Quick Ratio	1,37	2,16	1,42	1,21
Equity Ratio	0,41	0,65	0,56	0,51
Gross Profit Margin	36,73 %	36,5 %	37,08 %	41,42 %