LISE WESTERGREN AS

7224 MELHUS

Finances

Return on Equity

51,34 %

Current Ratio

2,25

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 106 000	1 629 000	1 457 000	1 948 000
Net Income	326 000	72 000	118 000	155 000
Total Assets	1 163 000	589 000	583 000	455 000
Total Equity	635 000	309 000	237 000	119 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 106 000	1 629 000	1 457 000	1 948 000
Expenditure	1 684 000	1 537 000	1 317 000	1 772 000
Operating Profit	422 000	93 000	140 000	176 000
Financial Income	5 000	4 000	12 000	5 000
Financial Costs	7 000	4 000	1 000	1 000
Financial Balance	−2 000	0	11 000	4 000
Earnings Before Tax	420 000	92 000	152 000	180 000
Tax	94 000	20 000	33 000	25 000
Net Income	326 000	72 000	118 000	155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	211 000	258 000	79 000	98 000
Total Current Assets	951 000	332 000	504 000	357 000
Total Assets	1 163 000	589 000	583 000	455 000
Total Retained Equity	629 000	303 000	231 000	113 000
Total Equity	635 000	309 000	237 000	119 000
Total Long-Term Debt	106 000	131 000	0	0
Total Current Debt	422 000	150 000	345 000	336 000
Total Equity and Debt	1 163 000	589 000	583 000	455 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 106 000	1 628 000	1 457 000	1 947 000
Other Income	0	1 000	0	1 000
Revenue	2 106 000	1 629 000	1 457 000	1 948 000
Cost of Goods Sold	467 000	368 000	314 000	401 000
Salary Costs	424 000	540 000	524 000	869 000
Depreciation	76 000	76 000	19 000	25 000
Impairment	0	0	0	0
Expenditure	1 684 000	1 537 000	1 317 000	1 772 000
Operating Profit	422 000	93 000	140 000	176 000
Financial Income	5 000	4 000	12 000	5 000
Financial Costs	7 000	4 000	1 000	1 000
Financial Balance	−2 000	0	11 000	4 000
Dividends	0	0	0	0
Net Income	326 000	72 000	118 000	155 000

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	14 000	18 000	22 000
Fixtures	196 000	229 000	46 000	60 000
Total Tangible Assets	196 000	243 000	64 000	83 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	211 000	258 000	79 000	98 000
Stock	23 000	22 000	27 000	30 000
Total Investments	0	0	0	0
Cash, Bank	511 000	103 000	223 000	100 000
Total Current Assets	951 000	332 000	504 000	357 000
Total Assets	1 163 000	589 000	583 000	455 000
Total Equity	635 000	309 000	237 000	119 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	106 000	131 000	0	0
Creditors	141 000	7 000	125 000	89 000
Unpaid Taxes	127 000	63 000	109 000	127 000
Dividends	0	0	0	0
Other Current Debt	60 000	60 000	78 000	92 000
Total Current Debt	422 000	150 000	345 000	336 000
Total Equity and Debt	1 163 000	589 000	583 000	455 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,34 %	23,3 %	49,79 %	130,25 %
Debt-to-Equity Ratio	0,17	0,42	0	0
Operating Profit Margin	20,04 %	5,71 %	9,61 %	9,03 %
Current Ratio	2,25	2,21	1,46	1,06
Quick Ratio	2,38	2,59	1,58	1,17
Equity Ratio	0,55	0,52	0,41	0,26
Gross Profit Margin	77,83 %	77,41 %	78,45 %	79,41 %