WESTBYE BUSINESS CONSULTING AS

1920 SØRUMSAND

Finances

Share Ownership

Return on Equity

38,47 %

Current Ratio

2,97

Debt-to-Equity Ratio

1,82

Key figures (NOK)	2022	2021	2020	2019
Revenue	750 000	586 000	801 000	644 000
Net Income	422 000	−8 000	506 000	92 000
Total Assets	3 191 000	2 814 000	2 892 000	404 000
Total Equity	1 097 000	675 000	682 000	177 000

Income (NOK)	2022	2021	2020	2019
Revenue	750 000	586 000	801 000	644 000
Expenditure	701 000	581 000	751 000	524 000
Operating Profit	50 000	5 000	50 000	121 000
Financial Income	390 000	2 000	487 000	7 000
Financial Costs	5 000	6 000	13 000	4 000
Financial Balance	385 000	−4 000	474 000	3 000
Earnings Before Tax	434 000	1 000	524 000	124 000
Tax	12 000	9 000	19 000	32 000
Net Income	422 000	−8 000	506 000	92 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 915 000	2 646 000	2 646 000	163 000
Total Current Assets	276 000	168 000	246 000	242 000
Total Assets	3 191 000	2 814 000	2 892 000	404 000
Total Retained Equity	1 067 000	645 000	652 000	147 000
Total Equity	1 097 000	675 000	682 000	177 000
Total Long-Term Debt	2 001 000	2 000 000	2 000 000	0
Total Current Debt	93 000	139 000	210 000	227 000
Total Equity and Debt	3 191 000	2 814 000	2 892 000	404 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	750 000	586 000	801 000	644 000
Other Income	0	0	0	0
Revenue	750 000	586 000	801 000	644 000
Cost of Goods Sold	0	0	30 000	2 000
Salary Costs	20 000	6 000	5 000	9 000
Depreciation	1 000	0	0	0
Impairment	0	0	0	0
Expenditure	701 000	581 000	751 000	524 000
Operating Profit	50 000	5 000	50 000	121 000
Financial Income	390 000	2 000	487 000	7 000
Financial Costs	5 000	6 000	13 000	4 000
Financial Balance	385 000	−4 000	474 000	3 000
Dividends	0	0	0	0
Net Income	422 000	−8 000	506 000	92 000

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	36 000	0	0	0
Total Tangible Assets	36 000	0	0	0
Total Fiancial Fixed Assets	2 880 000	2 646 000	2 646 000	163 000
Total Fixed Assets	2 915 000	2 646 000	2 646 000	163 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	215 000	116 000	137 000	160 000
Total Current Assets	276 000	168 000	246 000	242 000
Total Assets	3 191 000	2 814 000	2 892 000	404 000
Total Equity	1 097 000	675 000	682 000	177 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 001 000	2 000 000	2 000 000	0
Creditors	0	0	0	7 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	75 000	130 000	191 000	188 000
Total Current Debt	93 000	139 000	210 000	227 000
Total Equity and Debt	3 191 000	2 814 000	2 892 000	404 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,47 %	−1,19 %	74,19 %	51,98 %
Debt-to-Equity Ratio	1,82	2,96	2,93	0
Operating Profit Margin	6,67 %	0,85 %	6,24 %	18,79 %
Current Ratio	2,97	1,21	1,17	1,07
Quick Ratio	2,97	1,21	1,17	1,07
Equity Ratio	0,34	0,24	0,24	0,44
Gross Profit Margin	100 %	100 %	96,25 %	99,69 %