WEST & BERG AS

3727 SKIEN

Finances

Return on Equity

58,4 %

Current Ratio

2,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 318 000	182 000	5 000	536 000
Net Income	299 000	29 000	−53 000	80 000
Total Assets	828 000	406 000	427 000	632 000
Total Equity	512 000	322 000	333 000	386 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 318 000	182 000	5 000	536 000
Expenditure	914 000	150 000	73 000	434 000
Operating Profit	403 000	32 000	−68 000	102 000
Financial Income	7 000	5 000	0	0
Financial Costs	26 000	0	0	0
Financial Balance	−19 000	5 000	0	0
Earnings Before Tax	384 000	37 000	−68 000	102 000
Tax	84 000	8 000	−15 000	22 000
Net Income	299 000	29 000	−53 000	80 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	100 000	100 000	0
Total Current Assets	728 000	306 000	327 000	632 000
Total Assets	828 000	406 000	427 000	632 000
Total Retained Equity	482 000	292 000	303 000	356 000
Total Equity	512 000	322 000	333 000	386 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	317 000	84 000	94 000	247 000
Total Equity and Debt	828 000	406 000	427 000	632 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 318 000	182 000	5 000	536 000
Other Income	0	0	0	0
Revenue	1 318 000	182 000	5 000	536 000
Cost of Goods Sold	0	0	7 000	30 000
Salary Costs	830 000	95 000	1 000	313 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	914 000	150 000	73 000	434 000
Operating Profit	403 000	32 000	−68 000	102 000
Financial Income	7 000	5 000	0	0
Financial Costs	26 000	0	0	0
Financial Balance	−19 000	5 000	0	0
Dividends	0	40 000	0	120 000
Net Income	299 000	29 000	−53 000	80 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	100 000	100 000	100 000	0
Total Fixed Assets	100 000	100 000	100 000	0
Stock	0	0	0	0
Total Investments	0	0	0	100 000
Cash, Bank	706 000	195 000	291 000	531 000
Total Current Assets	728 000	306 000	327 000	632 000
Total Assets	828 000	406 000	427 000	632 000
Total Equity	512 000	322 000	333 000	386 000
Short-Term Group Debt	140 000	0	0	69 000
Total Long-Term Debt	0	0	0	0
Creditors	9 000	9 000	61 000	0
Unpaid Taxes	−5 000	21 000	−3 000	2 000
Dividends	0	40 000	0	120 000
Other Current Debt	119 000	45 000	36 000	33 000
Total Current Debt	317 000	84 000	94 000	247 000
Total Equity and Debt	828 000	406 000	427 000	632 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,4 %	9,01 %	−15,92 %	20,73 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	30,58 %	17,58 %	−1 360 %	19,03 %
Current Ratio	2,3	3,64	3,48	2,56
Quick Ratio	2,3	3,64	3,48	2,56
Equity Ratio	0,62	0,79	0,78	0,61
Gross Profit Margin	100 %	100 %	−40 %	94,4 %