WESTFAL-LARSEN & CO AS

5059 BERGEN

Finances

Share Ownership

Return on Equity

11,13 %

Current Ratio

2,48

Debt-to-Equity Ratio

0,46

Key figures (USD)	2022	2021	2020	2019
Revenue	55 032 000	34 282 000	39 729 000	36 097 000
Net Income	15 834 000	−2 688 000	2 735 000	−5 356 000
Total Assets	225 738 000	218 329 000	226 046 000	233 196 000
Total Equity	142 261 000	123 217 000	123 905 000	123 328 000

Income (USD)	2022	2021	2020	2019
Revenue	55 032 000	34 282 000	39 729 000	36 097 000
Expenditure	35 093 000	34 397 000	32 369 000	33 777 000
Operating Profit	19 939 000	−114 000	7 359 000	2 320 000
Financial Income	1 779 000	2 027 000	291 000	362 000
Financial Costs	5 884 000	4 601 000	−5 110 000	6 614 000
Financial Balance	−4 105 000	−2 574 000	5 401 000	−6 252 000
Earnings Before Tax	15 834 000	−2 688 000	2 756 000	−3 932 000
Tax	0	0	0	1 424 000
Net Income	15 834 000	−2 688 000	2 735 000	−5 356 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	180 773 000	193 636 000	202 850 000	213 072 000
Total Current Assets	44 965 000	24 693 000	23 196 000	20 124 000
Total Assets	225 738 000	218 329 000	226 046 000	233 196 000
Total Retained Equity	63 994 000	48 160 000	48 848 000	48 272 000
Total Equity	142 261 000	123 217 000	123 905 000	123 328 000
Total Long-Term Debt	65 349 000	77 306 000	84 274 000	95 337 000
Total Current Debt	18 128 000	17 806 000	17 867 000	14 530 000
Total Equity and Debt	225 738 000	218 329 000	226 046 000	233 196 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	84 767 000	44 468 000	47 754 000	38 696 000
Other Income	−29 735 000	−10 185 000	−8 024 000	−2 599 000
Revenue	55 032 000	34 282 000	39 729 000	36 097 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 429 000	2 884 000	2 264 000	3 158 000
Depreciation	12 830 000	13 284 000	13 220 000	12 869 000
Impairment	0	0	0	0
Expenditure	35 093 000	34 397 000	32 369 000	33 777 000
Operating Profit	19 939 000	−114 000	7 359 000	2 320 000
Financial Income	1 779 000	2 027 000	291 000	362 000
Financial Costs	5 884 000	4 601 000	−5 110 000	6 614 000
Financial Balance	−4 105 000	−2 574 000	5 401 000	−6 252 000
Dividends	0	0	0	0
Net Income	15 834 000	−2 688 000	2 735 000	−5 356 000

Balance details (USD)	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	180 773 000	193 636 000	202 850 000	213 072 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	180 773 000	193 636 000	202 850 000	213 072 000
Stock	2 758 000	2 486 000	1 184 000	1 233 000
Total Investments	0	0	0	0
Cash, Bank	21 448 000	7 070 000	8 707 000	7 036 000
Total Current Assets	44 965 000	24 693 000	23 196 000	20 124 000
Total Assets	225 738 000	218 329 000	226 046 000	233 196 000
Total Equity	142 261 000	123 217 000	123 905 000	123 328 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	65 349 000	77 306 000	84 274 000	95 337 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	8 462 000	6 653 000	6 713 000	3 377 000
Total Current Debt	18 128 000	17 806 000	17 867 000	14 530 000
Total Equity and Debt	225 738 000	218 329 000	226 046 000	233 196 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,13 %	−2,18 %	2,21 %	−4,34 %
Debt-to-Equity Ratio	0,46	0,63	0,68	0,77
Operating Profit Margin	36,23 %	−0,33 %	18,52 %	6,43 %
Current Ratio	2,48	1,39	1,3	1,38
Quick Ratio	2,93	1,61	1,39	1,51
Equity Ratio	0,63	0,56	0,55	0,53
Gross Profit Margin	100 %	100 %	100 %	100 %