WESTWOOD AS

3110 TØNSBERG

Finances

Share Ownership

Return on Equity

259,72 %

Current Ratio

0,74

Debt-to-Equity Ratio

−6,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 128 000	5 047 000	3 778 000	3 159 000
Net Income	−187 000	11 000	25 000	−637 000
Total Assets	773 000	1 767 000	1 199 000	681 000
Total Equity	−72 000	115 000	105 000	80 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 128 000	5 047 000	3 778 000	3 159 000
Expenditure	9 243 000	5 021 000	3 595 000	3 881 000
Operating Profit	−115 000	25 000	82 000	−621 000
Financial Income	0	9 000	6 000	0
Financial Costs	72 000	44 000	57 000	13 000
Financial Balance	−72 000	−35 000	−51 000	−13 000
Earnings Before Tax	−187 000	−10 000	32 000	−634 000
Tax	0	−21 000	7 000	0
Net Income	−187 000	11 000	25 000	−637 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	474 000	484 000	631 000	285 000
Total Current Assets	300 000	1 283 000	569 000	395 000
Total Assets	773 000	1 767 000	1 199 000	681 000
Total Retained Equity	−93 000	0	84 000	59 000
Total Equity	−72 000	115 000	105 000	80 000
Total Long-Term Debt	440 000	493 000	716 000	228 000
Total Current Debt	405 000	1 159 000	379 000	373 000
Total Equity and Debt	773 000	1 767 000	1 199 000	681 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 128 000	5 047 000	3 778 000	3 151 000
Other Income	0	0	0	8 000
Revenue	9 128 000	5 047 000	3 778 000	3 159 000
Cost of Goods Sold	7 088 000	4 083 000	2 787 000	2 709 000
Salary Costs	806 000	148 000	168 000	514 000
Depreciation	132 000	122 000	91 000	27 000
Impairment	0	0	0	0
Expenditure	9 243 000	5 021 000	3 595 000	3 881 000
Operating Profit	−115 000	25 000	82 000	−621 000
Financial Income	0	9 000	6 000	0
Financial Costs	72 000	44 000	57 000	13 000
Financial Balance	−72 000	−35 000	−51 000	−13 000
Dividends	0	0	0	0
Net Income	−187 000	11 000	25 000	−637 000

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	398 000	520 000	0
Fixtures	383 000	0	0	245 000
Total Tangible Assets	383 000	398 000	520 000	245 000
Total Fiancial Fixed Assets	90 000	86 000	110 000	40 000
Total Fixed Assets	474 000	484 000	631 000	285 000
Stock	244 000	0	0	100 000
Total Investments	0	0	0	0
Cash, Bank	48 000	1 064 000	13 000	103 000
Total Current Assets	300 000	1 283 000	569 000	395 000
Total Assets	773 000	1 767 000	1 199 000	681 000
Total Equity	−72 000	115 000	105 000	80 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	440 000	493 000	716 000	228 000
Creditors	135 000	668 000	201 000	211 000
Unpaid Taxes	243 000	467 000	154 000	163 000
Dividends	0	0	0	0
Other Current Debt	27 000	23 000	24 000	−1 000
Total Current Debt	405 000	1 159 000	379 000	373 000
Total Equity and Debt	773 000	1 767 000	1 199 000	681 000

Financial indicators	2022	2021	2020	2019
Return on Equity	259,72 %	9,57 %	23,81 %	−796,25 %
Debt-to-Equity Ratio	−6,11	4,29	6,82	2,85
Operating Profit Margin	−1,26 %	0,5 %	2,17 %	−19,66 %
Current Ratio	0,74	1,11	1,5	1,06
Quick Ratio	1,86	1,11	1,5	1,45
Equity Ratio	−0,09	0,07	0,09	0,12
Gross Profit Margin	22,35 %	19,1 %	26,23 %	14,25 %