WESTCO PROPERTY AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

4,54 %

Current Ratio

0,99

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	75 529 000	74 692 000	73 370 000	78 348 000
Net Income	26 220 000	25 661 000	28 480 000	32 822 000
Total Assets	638 415 000	644 458 000	643 560 000	708 491 000
Total Equity	577 168 000	578 154 000	578 086 000	578 076 000

Income (NOK)	2022	2021	2020	2019
Revenue	75 529 000	74 692 000	73 370 000	78 348 000
Expenditure	42 836 000	42 291 000	37 263 000	37 655 000
Operating Profit	32 694 000	32 402 000	36 107 000	40 693 000
Financial Income	924 000	493 000	1 044 000	2 458 000
Financial Costs	2 000	0	639 000	1 072 000
Financial Balance	922 000	493 000	405 000	1 386 000
Earnings Before Tax	33 616 000	32 895 000	36 513 000	42 079 000
Tax	7 396 000	7 234 000	8 033 000	9 257 000
Net Income	26 220 000	25 661 000	28 480 000	32 822 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	581 560 000	590 843 000	571 375 000	568 847 000
Total Current Assets	56 855 000	53 615 000	72 185 000	139 644 000
Total Assets	638 415 000	644 458 000	643 560 000	708 491 000
Total Retained Equity	10 209 000	11 196 000	11 128 000	11 118 000
Total Equity	577 168 000	578 154 000	578 086 000	578 076 000
Total Long-Term Debt	3 849 000	5 398 000	7 111 000	41 664 000
Total Current Debt	57 398 000	60 905 000	58 362 000	88 751 000
Total Equity and Debt	638 415 000	644 458 000	643 560 000	708 491 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	75 529 000	74 692 000	73 370 000	78 348 000
Revenue	75 529 000	74 692 000	73 370 000	78 348 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	21 305 000	20 871 000	19 461 000	20 509 000
Impairment	0	0	0	0
Expenditure	42 836 000	42 291 000	37 263 000	37 655 000
Operating Profit	32 694 000	32 402 000	36 107 000	40 693 000
Financial Income	924 000	493 000	1 044 000	2 458 000
Financial Costs	2 000	0	639 000	1 072 000
Financial Balance	922 000	493 000	405 000	1 386 000
Dividends	0	0	0	0
Net Income	26 220 000	25 661 000	28 480 000	32 822 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	486 715 000	494 451 000	509 375 000	518 847 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	486 715 000	494 451 000	509 375 000	518 847 000
Total Fiancial Fixed Assets	94 845 000	96 391 000	62 000 000	50 000 000
Total Fixed Assets	581 560 000	590 843 000	571 375 000	568 847 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	56 855 000	53 615 000	72 185 000	139 644 000
Total Assets	638 415 000	644 458 000	643 560 000	708 491 000
Total Equity	577 168 000	578 154 000	578 086 000	578 076 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 849 000	5 398 000	7 111 000	41 664 000
Creditors	2 216 000	7 043 000	701 000	9 269 000
Unpaid Taxes	0	0	2 453 000	239 000
Dividends	0	0	0	0
Other Current Debt	53 911 000	52 133 000	54 402 000	74 187 000
Total Current Debt	57 398 000	60 905 000	58 362 000	88 751 000
Total Equity and Debt	638 415 000	644 458 000	643 560 000	708 491 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,54 %	4,44 %	4,93 %	5,68 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,07
Operating Profit Margin	43,29 %	43,38 %	49,21 %	51,94 %
Current Ratio	0,99	0,88	1,24	1,57
Quick Ratio	0,99	0,88	1,24	1,57
Equity Ratio	0,9	0,9	0,9	0,82
Gross Profit Margin	100 %	100 %	100 %	100 %