WESTCO HOLDING AS

4016 STAVANGER

Finances

Return on Equity

3,81 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	620 396 000	610 270 000	611 967 000	611 135 000
Net Income	53 596 000	174 838 000	60 289 000	98 866 000
Total Assets	2 429 819 000	2 377 827 000	2 187 619 000	2 114 424 000
Total Equity	1 405 615 000	1 418 431 000	1 341 668 000	1 376 116 000

Income (NOK)	2022	2021	2020	2019
Revenue	620 396 000	610 270 000	611 967 000	611 135 000
Expenditure	478 205 000	471 495 000	487 652 000	483 374 000
Operating Profit	142 191 000	138 775 000	124 316 000	127 761 000
Financial Income	−25 665 000	82 798 000	4 009 000	21 602 000
Financial Costs	33 854 000	13 286 000	50 705 000	29 824 000
Financial Balance	−59 519 000	69 512 000	−46 696 000	−8 222 000
Earnings Before Tax	82 672 000	208 288 000	77 620 000	119 539 000
Tax	29 076 000	33 450 000	17 331 000	20 673 000
Net Income	53 596 000	174 838 000	60 289 000	98 866 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 830 208 000	1 909 326 000	1 698 609 000	1 564 334 000
Total Current Assets	599 611 000	468 501 000	489 010 000	550 090 000
Total Assets	2 429 819 000	2 377 827 000	2 187 619 000	2 114 424 000
Total Retained Equity	1 189 770 000	1 210 861 000	1 188 162 000	1 155 835 000
Total Equity	1 405 615 000	1 418 431 000	1 341 668 000	1 376 116 000
Total Long-Term Debt	573 495 000	628 934 000	681 504 000	649 027 000
Total Current Debt	450 708 000	330 463 000	164 447 000	89 282 000
Total Equity and Debt	2 429 819 000	2 377 827 000	2 187 619 000	2 114 424 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	408 789 000	392 706 000	427 181 000	424 140 000
Other Income	211 607 000	217 564 000	184 786 000	186 996 000
Revenue	620 396 000	610 270 000	611 967 000	611 135 000
Cost of Goods Sold	124 848 000	141 796 000	162 392 000	156 370 000
Salary Costs	151 309 000	145 284 000	146 550 000	142 123 000
Depreciation	88 083 000	89 450 000	81 873 000	83 012 000
Impairment	0	0	0	0
Expenditure	478 205 000	471 495 000	487 652 000	483 374 000
Operating Profit	142 191 000	138 775 000	124 316 000	127 761 000
Financial Income	−25 665 000	82 798 000	4 009 000	21 602 000
Financial Costs	33 854 000	13 286 000	50 705 000	29 824 000
Financial Balance	−59 519 000	69 512 000	−46 696 000	−8 222 000
Dividends	77 358 000	74 869 000	15 446 000	0
Net Income	53 596 000	174 838 000	60 289 000	98 866 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	3 803 000	7 607 000	11 410 000
Total Intangible Assets	0	5 462 000	9 125 000	14 730 000
Real Eastate	1 495 555 000	1 518 648 000	1 284 358 000	1 313 945 000
Machinery and Plant Facilities	50 582 000	55 037 000	62 640 000	66 378 000
Fixtures	55 692 000	43 751 000	48 432 000	49 039 000
Total Tangible Assets	1 603 125 000	1 619 753 000	1 399 829 000	1 436 029 000
Total Fiancial Fixed Assets	227 083 000	284 111 000	289 655 000	113 575 000
Total Fixed Assets	1 830 208 000	1 909 326 000	1 698 609 000	1 564 334 000
Stock	27 599 000	18 992 000	26 913 000	31 148 000
Total Investments	189 283 000	182 061 000	171 986 000	193 288 000
Cash, Bank	68 324 000	63 322 000	125 751 000	164 893 000
Total Current Assets	599 611 000	468 501 000	489 010 000	550 090 000
Total Assets	2 429 819 000	2 377 827 000	2 187 619 000	2 114 424 000
Total Equity	1 405 615 000	1 418 431 000	1 341 668 000	1 376 116 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	573 495 000	628 934 000	681 504 000	649 027 000
Creditors	54 116 000	37 126 000	34 784 000	36 732 000
Unpaid Taxes	23 318 000	22 712 000	24 369 000	19 736 000
Dividends	77 358 000	74 869 000	15 446 000	0
Other Current Debt	328 567 000	229 090 000	72 848 000	4 242 000
Total Current Debt	450 708 000	330 463 000	164 447 000	89 282 000
Total Equity and Debt	2 429 819 000	2 377 827 000	2 187 619 000	2 114 424 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,81 %	12,33 %	4,49 %	7,18 %
Debt-to-Equity Ratio	0,41	0,44	0,51	0,47
Operating Profit Margin	22,92 %	22,74 %	20,31 %	20,91 %
Current Ratio	1,33	1,42	2,97	6,16
Quick Ratio	1,42	1,5	3,56	9,46
Equity Ratio	0,58	0,6	0,61	0,65
Gross Profit Margin	79,88 %	76,77 %	73,46 %	74,41 %