COUNT WESTGASS AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

−57,84 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (EUR)	2022	2021	2020	2019
Revenue	259 075 000	201 706 000	47 520 000	58 766 000
Net Income	−852 000	2 414 000	582 000	74 000
Total Assets	57 591 000	15 884 000	10 110 000	5 317 000
Total Equity	1 473 000	2 325 000	286 000	171 000

Income (EUR)	2022	2021	2020	2019
Revenue	259 075 000	201 706 000	47 520 000	58 766 000
Expenditure	260 431 000	198 682 000	46 680 000	58 742 000
Operating Profit	−1 357 000	3 024 000	840 000	25 000
Financial Income	419 000	178 000	53 000	0
Financial Costs	122 000	136 000	140 000	9 000
Financial Balance	297 000	42 000	−87 000	−9 000
Earnings Before Tax	−1 059 000	3 066 000	753 000	16 000
Tax	−207 000	653 000	171 000	−58 000
Net Income	−852 000	2 414 000	582 000	74 000

Balance (EUR)	2022	2021	2020	2019
Total Fixed Assets	207 000	0	16 000	59 000
Total Current Assets	57 384 000	15 884 000	10 094 000	5 258 000
Total Assets	57 591 000	15 884 000	10 110 000	5 317 000
Total Retained Equity	1 168 000	2 020 000	85 000	−30 000
Total Equity	1 473 000	2 325 000	286 000	171 000
Total Long-Term Debt	0	0	0	165 000
Total Current Debt	56 118 000	13 559 000	9 824 000	4 981 000
Total Equity and Debt	57 591 000	15 884 000	10 110 000	5 317 000

Cash flow (EUR)	2022	2021	2020	2019
Sales Income	259 075 000	201 706 000	47 520 000	58 766 000
Other Income	0	0	0	0
Revenue	259 075 000	201 706 000	47 520 000	58 766 000
Cost of Goods Sold	238 253 000	198 443 000	45 622 000	58 149 000
Salary Costs	0	49 000	323 000	294 000
Depreciation	0	0	6 000	3 000
Impairment	0	0	0	0
Expenditure	260 431 000	198 682 000	46 680 000	58 742 000
Operating Profit	−1 357 000	3 024 000	840 000	25 000
Financial Income	419 000	178 000	53 000	0
Financial Costs	122 000	136 000	140 000	9 000
Financial Balance	297 000	42 000	−87 000	−9 000
Dividends	0	0	0	0
Net Income	−852 000	2 414 000	582 000	74 000

Balance details (EUR)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	207 000	0	0	58 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	15 000	1 000
Total Tangible Assets	0	0	15 000	1 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	207 000	0	16 000	59 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 174 000	737 000	268 000	78 000
Total Current Assets	57 384 000	15 884 000	10 094 000	5 258 000
Total Assets	57 591 000	15 884 000	10 110 000	5 317 000
Total Equity	1 473 000	2 325 000	286 000	171 000
Short-Term Group Debt	0	9 987 000	0	0
Total Long-Term Debt	0	0	0	165 000
Creditors	507 000	1 992 000	5 625 000	418 000
Unpaid Taxes	13 771 000	0	34 000	50 000
Dividends	0	0	0	0
Other Current Debt	41 836 000	928 000	4 165 000	4 513 000
Total Current Debt	56 118 000	13 559 000	9 824 000	4 981 000
Total Equity and Debt	57 591 000	15 884 000	10 110 000	5 317 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−57,84 %	103,83 %	203,5 %	43,27 %
Debt-to-Equity Ratio	0	0	0	0,96
Operating Profit Margin	−0,52 %	1,5 %	1,77 %	0,04 %
Current Ratio	1,02	1,17	1,03	1,06
Quick Ratio	1,02	1,17	1,03	1,06
Equity Ratio	0,03	0,15	0,03	0,03
Gross Profit Margin	8,04 %	1,62 %	3,99 %	1,05 %