WESTUM SANDTAK AS

2550 OS I ØSTERDALEN

Finances

Share Ownership

Return on Equity

−19,77 %

Current Ratio

2,93

Debt-to-Equity Ratio

1,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 959 000	2 912 000	1 507 000	1 514 000
Net Income	−136 000	490 000	23 000	−32 000
Total Assets	1 826 000	2 107 000	987 000	1 151 000
Total Equity	688 000	824 000	334 000	310 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 959 000	2 912 000	1 507 000	1 514 000
Expenditure	2 064 000	2 236 000	1 447 000	1 511 000
Operating Profit	−105 000	677 000	60 000	3 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	68 000	49 000	32 000	44 000
Financial Balance	−67 000	−48 000	−31 000	−43 000
Earnings Before Tax	−172 000	628 000	30 000	−40 000
Tax	−37 000	138 000	7 000	−8 000
Net Income	−136 000	490 000	23 000	−32 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 102 000	1 100 000	580 000	825 000
Total Current Assets	724 000	1 007 000	407 000	327 000
Total Assets	1 826 000	2 107 000	987 000	1 151 000
Total Retained Equity	388 000	524 000	34 000	10 000
Total Equity	688 000	824 000	334 000	310 000
Total Long-Term Debt	891 000	769 000	459 000	606 000
Total Current Debt	247 000	514 000	194 000	235 000
Total Equity and Debt	1 826 000	2 107 000	987 000	1 151 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 797 000	2 696 000	1 507 000	1 514 000
Other Income	162 000	217 000	0	0
Revenue	1 959 000	2 912 000	1 507 000	1 514 000
Cost of Goods Sold	55 000	−114 000	−2 000	8 000
Salary Costs	725 000	1 138 000	660 000	748 000
Depreciation	320 000	322 000	182 000	164 000
Impairment	0	0	0	0
Expenditure	2 064 000	2 236 000	1 447 000	1 511 000
Operating Profit	−105 000	677 000	60 000	3 000
Financial Income	1 000	1 000	1 000	1 000
Financial Costs	68 000	49 000	32 000	44 000
Financial Balance	−67 000	−48 000	−31 000	−43 000
Dividends	0	0	0	0
Net Income	−136 000	490 000	23 000	−32 000

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	1 018 000	981 000	486 000	607 000
Fixtures	84 000	119 000	83 000	204 000
Total Tangible Assets	1 102 000	1 100 000	569 000	811 000
Total Fiancial Fixed Assets	0	0	10 000	14 000
Total Fixed Assets	1 102 000	1 100 000	580 000	825 000
Stock	316 000	240 000	99 000	52 000
Total Investments	0	0	0	0
Cash, Bank	253 000	361 000	144 000	113 000
Total Current Assets	724 000	1 007 000	407 000	327 000
Total Assets	1 826 000	2 107 000	987 000	1 151 000
Total Equity	688 000	824 000	334 000	310 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	891 000	769 000	459 000	606 000
Creditors	130 000	157 000	36 000	50 000
Unpaid Taxes	88 000	149 000	84 000	121 000
Dividends	0	0	0	0
Other Current Debt	29 000	100 000	74 000	64 000
Total Current Debt	247 000	514 000	194 000	235 000
Total Equity and Debt	1 826 000	2 107 000	987 000	1 151 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−19,77 %	59,47 %	6,89 %	−10,32 %
Debt-to-Equity Ratio	1,3	0,93	1,37	1,95
Operating Profit Margin	−5,36 %	23,25 %	3,98 %	0,2 %
Current Ratio	2,93	1,96	2,1	1,39
Quick Ratio	−10,49	3,68	4,28	1,79
Equity Ratio	0,38	0,39	0,34	0,27
Gross Profit Margin	97,19 %	103,91 %	100,13 %	99,47 %