TOR WESTERDAHL AS

2609 LILLEHAMMER

Finances

Share Ownership

Return on Equity

10,83 %

Current Ratio

4,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 309 000	1 583 000	1 331 000	1 909 000
Net Income	64 000	200 000	127 000	561 000
Total Assets	756 000	1 278 000	1 014 000	1 018 000
Total Equity	591 000	527 000	826 000	699 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 309 000	1 583 000	1 331 000	1 909 000
Expenditure	1 231 000	1 321 000	1 168 000	1 190 000
Operating Profit	78 000	262 000	163 000	719 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	78 000	262 000	163 000	719 000
Tax	14 000	61 000	36 000	158 000
Net Income	64 000	200 000	127 000	561 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 000	22 000	0	0
Total Current Assets	745 000	1 256 000	1 014 000	1 018 000
Total Assets	756 000	1 278 000	1 014 000	1 018 000
Total Retained Equity	566 000	502 000	802 000	674 000
Total Equity	591 000	527 000	826 000	699 000
Total Long-Term Debt	0	500 000	2 000	2 000
Total Current Debt	165 000	251 000	186 000	317 000
Total Equity and Debt	756 000	1 278 000	1 014 000	1 018 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 309 000	1 583 000	1 325 000	1 909 000
Other Income	0	0	6 000	0
Revenue	1 309 000	1 583 000	1 331 000	1 909 000
Cost of Goods Sold	33 000	65 000	108 000	124 000
Salary Costs	850 000	853 000	750 000	821 000
Depreciation	11 000	10 000	0	0
Impairment	0	0	0	0
Expenditure	1 231 000	1 321 000	1 168 000	1 190 000
Operating Profit	78 000	262 000	163 000	719 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	500 000	0	0
Net Income	64 000	200 000	127 000	561 000

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	12 000	22 000	0	0
Total Tangible Assets	12 000	22 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 000	22 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	647 000	1 161 000	766 000	866 000
Total Current Assets	745 000	1 256 000	1 014 000	1 018 000
Total Assets	756 000	1 278 000	1 014 000	1 018 000
Total Equity	591 000	527 000	826 000	699 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	500 000	2 000	2 000
Creditors	6 000	7 000	4 000	14 000
Unpaid Taxes	53 000	66 000	54 000	54 000
Dividends	0	500 000	0	0
Other Current Debt	93 000	115 000	92 000	93 000
Total Current Debt	165 000	251 000	186 000	317 000
Total Equity and Debt	756 000	1 278 000	1 014 000	1 018 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,83 %	37,95 %	15,38 %	80,26 %
Debt-to-Equity Ratio	0	0,95	0	0
Operating Profit Margin	5,96 %	16,55 %	12,25 %	37,66 %
Current Ratio	4,52	5	5,45	3,21
Quick Ratio	4,52	5	5,45	3,21
Equity Ratio	0,78	0,41	0,81	0,69
Gross Profit Margin	97,48 %	95,89 %	91,89 %	93,5 %