ING WESTAD AS

1394 NESBRU

Finances

Share Ownership

Return on Equity

9,88 %

Current Ratio

4,78

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 211 000	19 446 000	17 645 000	15 212 000
Net Income	900 000	1 304 000	1 742 000	818 000
Total Assets	11 501 000	9 384 000	9 983 000	9 049 000
Total Equity	9 107 000	8 207 000	8 087 000	6 345 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 211 000	19 446 000	17 645 000	15 212 000
Expenditure	15 002 000	18 047 000	15 343 000	14 062 000
Operating Profit	1 211 000	1 399 000	2 302 000	1 150 000
Financial Income	129 000	193 000	188 000	58 000
Financial Costs	186 000	254 000	251 000	173 000
Financial Balance	−57 000	−61 000	−63 000	−115 000
Earnings Before Tax	1 154 000	1 338 000	2 239 000	1 035 000
Tax	254 000	34 000	497 000	217 000
Net Income	900 000	1 304 000	1 742 000	818 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 000	18 000	25 000	41 000
Total Current Assets	11 454 000	9 365 000	9 958 000	9 009 000
Total Assets	11 501 000	9 384 000	9 983 000	9 049 000
Total Retained Equity	7 507 000	6 607 000	6 487 000	4 745 000
Total Equity	9 107 000	8 207 000	8 087 000	6 345 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 395 000	1 177 000	1 896 000	2 705 000
Total Equity and Debt	11 501 000	9 384 000	9 983 000	9 049 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 010 000	19 319 000	17 520 000	15 087 000
Other Income	201 000	127 000	125 000	125 000
Revenue	16 211 000	19 446 000	17 645 000	15 212 000
Cost of Goods Sold	10 610 000	14 351 000	10 854 000	10 118 000
Salary Costs	2 618 000	2 207 000	3 065 000	2 301 000
Depreciation	11 000	6 000	16 000	19 000
Impairment	0	0	0	0
Expenditure	15 002 000	18 047 000	15 343 000	14 062 000
Operating Profit	1 211 000	1 399 000	2 302 000	1 150 000
Financial Income	129 000	193 000	188 000	58 000
Financial Costs	186 000	254 000	251 000	173 000
Financial Balance	−57 000	−61 000	−63 000	−115 000
Dividends	0	0	0	0
Net Income	900 000	1 304 000	1 742 000	818 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	34 000	0	0	0
Total Intangible Assets	34 000	0	0	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	13 000	18 000	24 000	29 000
Fixtures	0	0	1 000	7 000
Total Tangible Assets	13 000	18 000	25 000	35 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	48 000	18 000	25 000	41 000
Stock	2 454 000	2 203 000	2 203 000	1 846 000
Total Investments	0	0	0	0
Cash, Bank	6 121 000	5 641 000	5 403 000	3 727 000
Total Current Assets	11 454 000	9 365 000	9 958 000	9 009 000
Total Assets	11 501 000	9 384 000	9 983 000	9 049 000
Total Equity	9 107 000	8 207 000	8 087 000	6 345 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 117 000	486 000	404 000	1 845 000
Unpaid Taxes	438 000	347 000	476 000	413 000
Dividends	0	0	0	0
Other Current Debt	586 000	310 000	520 000	229 000
Total Current Debt	2 395 000	1 177 000	1 896 000	2 705 000
Total Equity and Debt	11 501 000	9 384 000	9 983 000	9 049 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,88 %	15,89 %	21,54 %	12,89 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,47 %	7,19 %	13,05 %	7,56 %
Current Ratio	4,78	7,96	5,25	3,33
Quick Ratio	−194,14	−9,13	−32,44	10,49
Equity Ratio	0,79	0,87	0,81	0,7
Gross Profit Margin	34,55 %	26,2 %	38,49 %	33,49 %