WEST MEKAN AS

6770 NORDFJORDEID

Finances

Share Ownership

Return on Equity

58,17 %

Current Ratio

0,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 132 000	1 225 000	1 207 000	1 141 000
Net Income	876 000	930 000	922 000	848 000
Total Assets	2 672 000	2 844 000	2 763 000	2 747 000
Total Equity	1 506 000	1 480 000	1 450 000	1 428 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 132 000	1 225 000	1 207 000	1 141 000
Expenditure	96 000	84 000	67 000	86 000
Operating Profit	1 036 000	1 141 000	1 141 000	1 055 000
Financial Income	55 000	52 000	45 000	45 000
Financial Costs	0	0	4 000	12 000
Financial Balance	55 000	52 000	41 000	33 000
Earnings Before Tax	1 091 000	1 193 000	1 182 000	1 088 000
Tax	215 000	263 000	260 000	240 000
Net Income	876 000	930 000	922 000	848 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 623 000	2 675 000	2 676 000	2 729 000
Total Current Assets	49 000	168 000	87 000	19 000
Total Assets	2 672 000	2 844 000	2 763 000	2 747 000
Total Retained Equity	1 406 000	134 000	103 000	82 000
Total Equity	1 506 000	1 480 000	1 450 000	1 428 000
Total Long-Term Debt	1 000	1 000	1 000	126 000
Total Current Debt	1 166 000	1 362 000	1 312 000	1 193 000
Total Equity and Debt	2 672 000	2 844 000	2 763 000	2 747 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 132 000	1 225 000	1 207 000	1 141 000
Revenue	1 132 000	1 225 000	1 207 000	1 141 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	53 000	53 000	53 000	62 000
Impairment	0	0	0	0
Expenditure	96 000	84 000	67 000	86 000
Operating Profit	1 036 000	1 141 000	1 141 000	1 055 000
Financial Income	55 000	52 000	45 000	45 000
Financial Costs	0	0	4 000	12 000
Financial Balance	55 000	52 000	41 000	33 000
Dividends	850 000	900 000	900 000	800 000
Net Income	876 000	930 000	922 000	848 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 319 000	1 372 000	1 425 000	1 477 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 319 000	1 372 000	1 425 000	1 477 000
Total Fiancial Fixed Assets	1 303 000	1 303 000	1 251 000	1 251 000
Total Fixed Assets	2 623 000	2 675 000	2 676 000	2 729 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	49 000	62 000	35 000	18 000
Total Current Assets	49 000	168 000	87 000	19 000
Total Assets	2 672 000	2 844 000	2 763 000	2 747 000
Total Equity	1 506 000	1 480 000	1 450 000	1 428 000
Short-Term Group Debt	0	0	0	800 000
Total Long-Term Debt	1 000	1 000	1 000	126 000
Creditors	1 000	0	4 000	4 000
Unpaid Taxes	−2 000	0	−1 000	0
Dividends	850 000	900 000	900 000	800 000
Other Current Debt	100 000	200 000	150 000	150 000
Total Current Debt	1 166 000	1 362 000	1 312 000	1 193 000
Total Equity and Debt	2 672 000	2 844 000	2 763 000	2 747 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,17 %	62,84 %	63,59 %	59,38 %
Debt-to-Equity Ratio	0	0	0	0,09
Operating Profit Margin	91,52 %	93,14 %	94,53 %	92,46 %
Current Ratio	0,04	0,12	0,07	0,02
Quick Ratio	0,04	0,12	0,07	0,02
Equity Ratio	0,56	0,52	0,52	0,52
Gross Profit Margin	100 %	100 %	100 %	100 %