KRISTIAN WESTRENG AS

1960 LØKEN

Finances

Return on Equity

0,69 %

Current Ratio

0,23

Debt-to-Equity Ratio

1,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	6 000	0	0
Net Income	28 000	68 000	−208 000	−60 000
Total Assets	11 460 000	11 445 000	11 185 000	6 079 000
Total Equity	4 068 000	4 040 000	3 972 000	180 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	6 000	0	0
Expenditure	37 000	25 000	24 000	9 000
Operating Profit	−37 000	−19 000	−24 000	−9 000
Financial Income	403 000	349 000	108 000	0
Financial Costs	338 000	262 000	272 000	70 000
Financial Balance	65 000	87 000	−164 000	−70 000
Earnings Before Tax	28 000	68 000	−189 000	−80 000
Tax	0	0	20 000	−20 000
Net Income	28 000	68 000	−208 000	−60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 093 000	11 093 000	11 043 000	5 643 000
Total Current Assets	367 000	352 000	142 000	437 000
Total Assets	11 460 000	11 445 000	11 185 000	6 079 000
Total Retained Equity	−172 000	−200 000	−268 000	−60 000
Total Equity	4 068 000	4 040 000	3 972 000	180 000
Total Long-Term Debt	5 769 000	5 771 000	5 771 000	5 770 000
Total Current Debt	1 623 000	1 634 000	1 443 000	129 000
Total Equity and Debt	11 460 000	11 445 000	11 185 000	6 079 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	6 000	0	0
Revenue	0	6 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	4 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	37 000	25 000	24 000	9 000
Operating Profit	−37 000	−19 000	−24 000	−9 000
Financial Income	403 000	349 000	108 000	0
Financial Costs	338 000	262 000	272 000	70 000
Financial Balance	65 000	87 000	−164 000	−70 000
Dividends	0	0	0	0
Net Income	28 000	68 000	−208 000	−60 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	20 000
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	11 093 000	11 093 000	11 043 000	5 623 000
Total Fixed Assets	11 093 000	11 093 000	11 043 000	5 643 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	72 000	3 000	35 000	437 000
Total Current Assets	367 000	352 000	142 000	437 000
Total Assets	11 460 000	11 445 000	11 185 000	6 079 000
Total Equity	4 068 000	4 040 000	3 972 000	180 000
Short-Term Group Debt	0	0	60 000	110 000
Total Long-Term Debt	5 769 000	5 771 000	5 771 000	5 770 000
Creditors	5 000	6 000	4 000	10 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 618 000	1 628 000	1 379 000	9 000
Total Current Debt	1 623 000	1 634 000	1 443 000	129 000
Total Equity and Debt	11 460 000	11 445 000	11 185 000	6 079 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,69 %	1,68 %	−5,24 %	−33,33 %
Debt-to-Equity Ratio	1,42	1,43	1,45	32,06
Operating Profit Margin	-	−316,67 %	-	-
Current Ratio	0,23	0,22	0,1	3,39
Quick Ratio	0,23	0,22	0,1	3,39
Equity Ratio	0,35	0,35	0,36	0,03
Gross Profit Margin	-	100 %	-	-