WESTCO INVESTERING AS

4016 STAVANGER

Finances

Return on Equity

18,08 %

Current Ratio

0,46

Debt-to-Equity Ratio

0,83

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 000	3 000	1 629 000	2 850 000
Net Income	35 413 000	65 732 000	10 406 000	12 607 000
Total Assets	495 942 000	476 934 000	309 944 000	166 693 000
Total Equity	195 844 000	186 625 000	149 302 000	149 296 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 000	3 000	1 629 000	2 850 000
Expenditure	47 000	86 000	401 000	109 000
Operating Profit	−17 000	−83 000	1 228 000	2 741 000
Financial Income	39 956 000	69 185 000	10 279 000	10 602 000
Financial Costs	5 481 000	3 899 000	987 000	0
Financial Balance	34 475 000	65 286 000	9 292 000	10 602 000
Earnings Before Tax	34 457 000	65 203 000	10 520 000	13 343 000
Tax	−956 000	−529 000	114 000	735 000
Net Income	35 413 000	65 732 000	10 406 000	12 607 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	432 233 000	432 215 000	295 710 000	93 710 000
Total Current Assets	63 709 000	44 719 000	14 235 000	72 983 000
Total Assets	495 942 000	476 934 000	309 944 000	166 693 000
Total Retained Equity	41 507 000	36 094 000	363 000	357 000
Total Equity	195 844 000	186 625 000	149 302 000	149 296 000
Total Long-Term Debt	162 637 000	186 439 000	134 567 000	500 000
Total Current Debt	137 460 000	103 870 000	26 075 000	16 896 000
Total Equity and Debt	495 942 000	476 934 000	309 944 000	166 693 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 000	3 000	1 629 000	0
Other Income	0	0	0	2 850 000
Revenue	30 000	3 000	1 629 000	2 850 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	47 000	86 000	401 000	109 000
Operating Profit	−17 000	−83 000	1 228 000	2 741 000
Financial Income	39 956 000	69 185 000	10 279 000	10 602 000
Financial Costs	5 481 000	3 899 000	987 000	0
Financial Balance	34 475 000	65 286 000	9 292 000	10 602 000
Dividends	30 000 000	30 000 000	10 400 000	0
Net Income	35 413 000	65 732 000	10 406 000	12 607 000

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	432 233 000	432 215 000	295 710 000	93 710 000
Total Fixed Assets	432 233 000	432 215 000	295 710 000	93 710 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 679 000	1 538 000	4 174 000	45 901 000
Total Current Assets	63 709 000	44 719 000	14 235 000	72 983 000
Total Assets	495 942 000	476 934 000	309 944 000	166 693 000
Total Equity	195 844 000	186 625 000	149 302 000	149 296 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	162 637 000	186 439 000	134 567 000	500 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	30 000 000	30 000 000	10 400 000	0
Other Current Debt	107 460 000	73 870 000	15 461 000	16 896 000
Total Current Debt	137 460 000	103 870 000	26 075 000	16 896 000
Total Equity and Debt	495 942 000	476 934 000	309 944 000	166 693 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,08 %	35,22 %	6,97 %	8,44 %
Debt-to-Equity Ratio	0,83	1	0,9	0
Operating Profit Margin	−56,67 %	−2 766,67 %	75,38 %	96,18 %
Current Ratio	0,46	0,43	0,55	4,32
Quick Ratio	0,46	0,43	0,55	4,32
Equity Ratio	0,39	0,39	0,48	0,9
Gross Profit Margin	100 %	100 %	100 %	100 %