WEST SUPPLY III AS

5525 HAUGESUND

Finances

Share Ownership

Return on Equity

−0,55 %

Current Ratio

2,43

Debt-to-Equity Ratio

0,59

Key figures (NOK)	2022	2021	2020	2019
Revenue	104 190 000	49 409 000	37 615 000	90 810 000
Net Income	−3 397 000	−60 924 000	−46 533 000	−10 288 000
Total Assets	1 013 999 000	784 531 000	840 408 000	937 195 000
Total Equity	622 306 000	600 703 000	661 627 000	708 160 000

Income (NOK)	2022	2021	2020	2019
Revenue	104 190 000	49 409 000	37 615 000	90 810 000
Expenditure	88 661 000	103 006 000	78 006 000	93 305 000
Operating Profit	15 529 000	−53 598 000	−40 391 000	−2 496 000
Financial Income	393 000	406 000	911 000	1 437 000
Financial Costs	19 320 000	7 527 000	6 900 000	9 228 000
Financial Balance	−18 927 000	−7 121 000	−5 989 000	−7 791 000
Earnings Before Tax	−3 397 000	−60 719 000	−46 380 000	−10 288 000
Tax	0	205 000	153 000	0
Net Income	−3 397 000	−60 924 000	−46 533 000	−10 288 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	952 947 000	771 143 000	819 614 000	840 556 000
Total Current Assets	61 052 000	13 387 000	20 794 000	96 639 000
Total Assets	1 013 999 000	784 531 000	840 408 000	937 195 000
Total Retained Equity	−221 035 000	−217 638 000	−156 714 000	−110 181 000
Total Equity	622 306 000	600 703 000	661 627 000	708 160 000
Total Long-Term Debt	366 556 000	121 553 000	157 403 000	174 133 000
Total Current Debt	25 138 000	62 274 000	21 378 000	54 901 000
Total Equity and Debt	1 013 999 000	784 531 000	840 408 000	937 195 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	104 190 000	49 409 000	37 294 000	34 883 000
Other Income	0	0	321 000	55 926 000
Revenue	104 190 000	49 409 000	37 615 000	90 810 000
Cost of Goods Sold	0	0	0	0
Salary Costs	30 869 000	11 261 000	537 000	14 576 000
Depreciation	19 449 000	7 453 000	2 941 000	14 497 000
Impairment	−33 060 000	26 187 000	25 000 000	0
Expenditure	88 661 000	103 006 000	78 006 000	93 305 000
Operating Profit	15 529 000	−53 598 000	−40 391 000	−2 496 000
Financial Income	393 000	406 000	911 000	1 437 000
Financial Costs	19 320 000	7 527 000	6 900 000	9 228 000
Financial Balance	−18 927 000	−7 121 000	−5 989 000	−7 791 000
Dividends	0	0	0	50 000 000
Net Income	−3 397 000	−60 924 000	−46 533 000	−10 288 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	952 947 000	771 143 000	819 614 000	840 556 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	952 947 000	771 143 000	819 614 000	840 556 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	952 947 000	771 143 000	819 614 000	840 556 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	28 753 000	7 621 000	13 348 000	48 591 000
Total Current Assets	61 052 000	13 387 000	20 794 000	96 639 000
Total Assets	1 013 999 000	784 531 000	840 408 000	937 195 000
Total Equity	622 306 000	600 703 000	661 627 000	708 160 000
Short-Term Group Debt	8 071 000	60 226 000	0	0
Total Long-Term Debt	366 556 000	121 553 000	157 403 000	174 133 000
Creditors	14 625 000	121 000	18 676 000	124 000
Unpaid Taxes	0	0	1 000	0
Dividends	0	0	0	50 000 000
Other Current Debt	2 412 000	1 722 000	2 547 000	4 777 000
Total Current Debt	25 138 000	62 274 000	21 378 000	54 901 000
Total Equity and Debt	1 013 999 000	784 531 000	840 408 000	937 195 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,55 %	−10,14 %	−7,03 %	−1,45 %
Debt-to-Equity Ratio	0,59	0,2	0,24	0,25
Operating Profit Margin	14,9 %	−108,48 %	−107,38 %	−2,75 %
Current Ratio	2,43	0,21	0,97	1,76
Quick Ratio	2,43	0,21	0,97	1,76
Equity Ratio	0,61	0,77	0,79	0,76
Gross Profit Margin	100 %	100 %	100 %	100 %