WESTHAGEN FJORDTOKT AS

0283 OSLO

Finances

Share Ownership

Return on Equity

70,04 %

Current Ratio

1,8

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 909 000	682 000	420 000	265 000
Net Income	657 000	102 000	72 000	83 000
Total Assets	1 521 000	391 000	263 000	123 000
Total Equity	938 000	281 000	179 000	107 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 909 000	682 000	420 000	265 000
Expenditure	2 083 000	593 000	292 000	159 000
Operating Profit	825 000	89 000	127 000	106 000
Financial Income	2 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	2 000	0	0	0
Earnings Before Tax	827 000	89 000	127 000	106 000
Tax	170 000	−13 000	54 000	23 000
Net Income	657 000	102 000	72 000	83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	470 000	299 000	180 000	96 000
Total Current Assets	1 051 000	92 000	83 000	28 000
Total Assets	1 521 000	391 000	263 000	123 000
Total Retained Equity	914 000	257 000	155 000	82 000
Total Equity	938 000	281 000	179 000	107 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	583 000	110 000	84 000	16 000
Total Equity and Debt	1 521 000	391 000	263 000	123 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 909 000	682 000	420 000	265 000
Other Income	0	0	0	0
Revenue	2 909 000	682 000	420 000	265 000
Cost of Goods Sold	24 000	5 000	0	0
Salary Costs	1 590 000	409 000	168 000	0
Depreciation	67 000	39 000	34 000	27 000
Impairment	0	0	0	0
Expenditure	2 083 000	593 000	292 000	159 000
Operating Profit	825 000	89 000	127 000	106 000
Financial Income	2 000	0	0	0
Financial Costs	0	0	0	0
Financial Balance	2 000	0	0	0
Dividends	0	0	0	0
Net Income	657 000	102 000	72 000	83 000

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	465 000	274 000	135 000	31 000
Total Tangible Assets	470 000	299 000	180 000	96 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	470 000	299 000	180 000	96 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	928 000	73 000	83 000	28 000
Total Current Assets	1 051 000	92 000	83 000	28 000
Total Assets	1 521 000	391 000	263 000	123 000
Total Equity	938 000	281 000	179 000	107 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	54 000	0	0	0
Unpaid Taxes	149 000	56 000	11 000	−7 000
Dividends	0	0	0	0
Other Current Debt	210 000	44 000	18 000	0
Total Current Debt	583 000	110 000	84 000	16 000
Total Equity and Debt	1 521 000	391 000	263 000	123 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,04 %	36,3 %	40,22 %	77,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	28,36 %	13,05 %	30,24 %	40 %
Current Ratio	1,8	0,84	0,99	1,75
Quick Ratio	1,8	0,84	0,99	1,75
Equity Ratio	0,62	0,72	0,68	0,87
Gross Profit Margin	99,17 %	99,27 %	100 %	100 %