WESTMENT AS

1367 SNARØYA

Finances

Return on Equity

32,9 %

Current Ratio

3,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 700 000	5 065 000	2 386 000	986 000
Net Income	2 445 000	4 942 000	1 231 000	27 000
Total Assets	11 083 000	8 604 000	2 444 000	351 000
Total Equity	7 432 000	4 987 000	1 365 000	134 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 700 000	5 065 000	2 386 000	986 000
Expenditure	986 000	1 006 000	846 000	700 000
Operating Profit	2 714 000	4 059 000	1 540 000	286 000
Financial Income	2 319 000	1 776 000	45 000	0
Financial Costs	2 018 000	0	7 000	196 000
Financial Balance	301 000	1 776 000	38 000	−196 000
Earnings Before Tax	3 015 000	5 835 000	1 579 000	90 000
Tax	570 000	893 000	348 000	63 000
Net Income	2 445 000	4 942 000	1 231 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	11 083 000	8 604 000	2 444 000	351 000
Total Assets	11 083 000	8 604 000	2 444 000	351 000
Total Retained Equity	7 402 000	4 957 000	1 335 000	104 000
Total Equity	7 432 000	4 987 000	1 365 000	134 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 651 000	3 617 000	1 079 000	217 000
Total Equity and Debt	11 083 000	8 604 000	2 444 000	351 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 700 000	5 065 000	2 386 000	986 000
Other Income	0	0	0	0
Revenue	3 700 000	5 065 000	2 386 000	986 000
Cost of Goods Sold	0	0	0	0
Salary Costs	984 000	982 000	837 000	694 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	986 000	1 006 000	846 000	700 000
Operating Profit	2 714 000	4 059 000	1 540 000	286 000
Financial Income	2 319 000	1 776 000	45 000	0
Financial Costs	2 018 000	0	7 000	196 000
Financial Balance	301 000	1 776 000	38 000	−196 000
Dividends	0	0	0	0
Net Income	2 445 000	4 942 000	1 231 000	27 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	10 856 000	8 401 000	2 102 000	233 000
Cash, Bank	227 000	202 000	342 000	118 000
Total Current Assets	11 083 000	8 604 000	2 444 000	351 000
Total Assets	11 083 000	8 604 000	2 444 000	351 000
Total Equity	7 432 000	4 987 000	1 365 000	134 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	372 000	561 000	652 000	88 000
Dividends	0	0	0	0
Other Current Debt	2 709 000	2 162 000	79 000	66 000
Total Current Debt	3 651 000	3 617 000	1 079 000	217 000
Total Equity and Debt	11 083 000	8 604 000	2 444 000	351 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,9 %	99,1 %	90,18 %	20,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	73,35 %	80,14 %	64,54 %	29,01 %
Current Ratio	3,04	2,38	2,27	1,62
Quick Ratio	3,04	2,38	2,27	1,62
Equity Ratio	0,67	0,58	0,56	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %