WEST SUPPLY II OPERATION AS

5525 HAUGESUND

Finances

Share Ownership

Return on Equity

24,49 %

Current Ratio

2,21

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	197 761 000	135 591 000	142 279 000	152 070 000
Net Income	12 658 000	5 374 000	666 000	7 901 000
Total Assets	93 976 000	66 000 000	57 746 000	65 576 000
Total Equity	51 692 000	35 001 000	28 447 000	30 036 000

Income (NOK)	2022	2021	2020	2019
Revenue	197 761 000	135 591 000	142 279 000	152 070 000
Expenditure	179 527 000	129 505 000	141 840 000	141 270 000
Operating Profit	18 234 000	6 086 000	440 000	10 800 000
Financial Income	1 494 000	815 000	423 000	589 000
Financial Costs	3 486 000	0	0	1 245 000
Financial Balance	−1 992 000	815 000	423 000	−656 000
Earnings Before Tax	16 241 000	6 901 000	862 000	10 143 000
Tax	3 584 000	1 528 000	196 000	2 242 000
Net Income	12 658 000	5 374 000	666 000	7 901 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	405 000	0	928 000	3 125 000
Total Current Assets	93 571 000	66 000 000	56 819 000	62 451 000
Total Assets	93 976 000	66 000 000	57 746 000	65 576 000
Total Retained Equity	780 000	2 419 000	1 234 000	2 824 000
Total Equity	51 692 000	35 001 000	28 447 000	30 036 000
Total Long-Term Debt	0	44 000	0	138 000
Total Current Debt	42 284 000	30 955 000	29 300 000	35 402 000
Total Equity and Debt	93 976 000	66 000 000	57 746 000	65 576 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	133 341 000	142 279 000	152 070 000
Other Income	197 761 000	2 250 000	0	0
Revenue	197 761 000	135 591 000	142 279 000	152 070 000
Cost of Goods Sold	0	49 497 000	37 294 000	39 934 000
Salary Costs	0	46 839 000	60 845 000	64 208 000
Depreciation	3 473 000	625 000	2 500 000	0
Impairment	0	0	0	0
Expenditure	179 527 000	129 505 000	141 840 000	141 270 000
Operating Profit	18 234 000	6 086 000	440 000	10 800 000
Financial Income	1 494 000	815 000	423 000	589 000
Financial Costs	3 486 000	0	0	1 245 000
Financial Balance	−1 992 000	815 000	423 000	−656 000
Dividends	0	0	0	0
Net Income	12 658 000	5 374 000	666 000	7 901 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	405 000	0	303 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	625 000	3 125 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	625 000	3 125 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	405 000	0	928 000	3 125 000
Stock	0	0	0	0
Total Investments	18 247 000	0	0	0
Cash, Bank	8 905 000	780 000	3 561 000	18 551 000
Total Current Assets	93 571 000	66 000 000	56 819 000	62 451 000
Total Assets	93 976 000	66 000 000	57 746 000	65 576 000
Total Equity	51 692 000	35 001 000	28 447 000	30 036 000
Short-Term Group Debt	25 275 000	8 264 000	12 938 000	9 567 000
Total Long-Term Debt	0	44 000	0	138 000
Creditors	14 399 000	20 370 000	12 861 000	15 640 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 609 000	2 321 000	3 501 000	10 195 000
Total Current Debt	42 284 000	30 955 000	29 300 000	35 402 000
Total Equity and Debt	93 976 000	66 000 000	57 746 000	65 576 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,49 %	15,35 %	2,34 %	26,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,22 %	4,49 %	0,31 %	7,1 %
Current Ratio	2,21	2,13	1,94	1,76
Quick Ratio	2,21	2,13	1,94	1,76
Equity Ratio	0,55	0,53	0,49	0,46
Gross Profit Margin	100 %	63,5 %	73,79 %	73,74 %