WESTERLUND INVEST AS

7011 TRONDHEIM

Finances

Return on Equity

−0,48 %

Current Ratio

0,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	150 000	300 000
Net Income	−56 000	3 014 000	−74 000	−2 271 000
Total Assets	20 528 000	22 449 000	23 002 000	16 689 000
Total Equity	11 648 000	11 704 000	10 189 000	10 542 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	150 000	300 000
Expenditure	121 000	118 000	1 514 000	3 379 000
Operating Profit	−121 000	−118 000	−1 365 000	−3 078 000
Financial Income	2 681 000	3 396 000	3 269 000	234 000
Financial Costs	2 616 000	263 000	405 000	23 000
Financial Balance	65 000	3 133 000	2 864 000	211 000
Earnings Before Tax	−56 000	3 014 000	1 499 000	−2 868 000
Tax	0	0	1 574 000	−597 000
Net Income	−56 000	3 014 000	−74 000	−2 271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 101 000	12 769 000	9 075 000	2 978 000
Total Current Assets	8 426 000	9 680 000	13 928 000	13 711 000
Total Assets	20 528 000	22 449 000	23 002 000	16 689 000
Total Retained Equity	1 458 000	1 514 000	0	834 000
Total Equity	11 648 000	11 704 000	10 189 000	10 542 000
Total Long-Term Debt	0	0	0	5 700 000
Total Current Debt	8 880 000	10 745 000	12 813 000	447 000
Total Equity and Debt	20 528 000	22 449 000	23 002 000	16 689 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	150 000	300 000
Other Income	0	0	0	0
Revenue	0	0	150 000	300 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	1 000 000	2 479 000
Depreciation	15 000	15 000	15 000	5 000
Impairment	0	0	0	0
Expenditure	121 000	118 000	1 514 000	3 379 000
Operating Profit	−121 000	−118 000	−1 365 000	−3 078 000
Financial Income	2 681 000	3 396 000	3 269 000	234 000
Financial Costs	2 616 000	263 000	405 000	23 000
Financial Balance	65 000	3 133 000	2 864 000	211 000
Dividends	0	1 500 000	5 000 000	0
Net Income	−56 000	3 014 000	−74 000	−2 271 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 905 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	41 000	57 000	72 000
Total Tangible Assets	26 000	41 000	57 000	72 000
Total Fiancial Fixed Assets	12 075 000	12 728 000	9 018 000	0
Total Fixed Assets	12 101 000	12 769 000	9 075 000	2 978 000
Stock	0	0	0	0
Total Investments	6 864 000	7 901 000	2 943 000	6 588 000
Cash, Bank	1 315 000	1 579 000	4 931 000	3 389 000
Total Current Assets	8 426 000	9 680 000	13 928 000	13 711 000
Total Assets	20 528 000	22 449 000	23 002 000	16 689 000
Total Equity	11 648 000	11 704 000	10 189 000	10 542 000
Short-Term Group Debt	8 880 000	9 245 000	7 811 000	0
Total Long-Term Debt	0	0	0	5 700 000
Creditors	0	0	2 000	17 000
Unpaid Taxes	0	0	0	123 000
Dividends	0	1 500 000	5 000 000	0
Other Current Debt	0	0	0	308 000
Total Current Debt	8 880 000	10 745 000	12 813 000	447 000
Total Equity and Debt	20 528 000	22 449 000	23 002 000	16 689 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,48 %	25,75 %	−0,73 %	−21,54 %
Debt-to-Equity Ratio	0	0	0	0,54
Operating Profit Margin	-	-	−910 %	−1 026 %
Current Ratio	0,95	0,9	1,09	30,67
Quick Ratio	0,95	0,9	1,09	30,67
Equity Ratio	0,57	0,52	0,44	0,63
Gross Profit Margin	-	-	100 %	100 %