WESTCON 39 AS

5582 ØLENSVÅG

Finances

Share Ownership

Return on Equity

47,28 %

Current Ratio

1,02

Debt-to-Equity Ratio

−3,39

Key figures (NOK)	2022	2021	2020
Revenue	242 981 000	0	0
Net Income	−2 352 000	−2 331 000	−317 000
Total Assets	651 678 000	335 700 000	109 116 000
Total Equity	−4 975 000	−2 623 000	−292 000

Income (NOK)	2022	2021	2020
Revenue	242 981 000	0	0
Expenditure	147 335 000	22 696 000	7 605 000
Operating Profit	5 690 000	11 142 000	−1 000
Financial Income	53 000	63 000	0
Financial Costs	8 759 000	14 193 000	405 000
Financial Balance	−8 706 000	−14 130 000	−405 000
Earnings Before Tax	−3 016 000	−2 988 000	−406 000
Tax	−663 000	−657 000	−89 000
Net Income	−2 352 000	−2 331 000	−317 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 410 000	747 000	0
Total Current Assets	650 267 000	334 954 000	109 116 000
Total Assets	651 678 000	335 700 000	109 116 000
Total Retained Equity	−5 000 000	−2 648 000	−317 000
Total Equity	−4 975 000	−2 623 000	−292 000
Total Long-Term Debt	16 850 000	0	−89 000
Total Current Debt	639 803 000	338 323 000	109 497 000
Total Equity and Debt	651 678 000	335 700 000	109 116 000

Cash flow (NOK)	2022	2021	2020
Sales Income	242 981 000	0	0
Other Income	0	0	0
Revenue	242 981 000	0	0
Cost of Goods Sold	147 300 000	22 647 000	7 270 000
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	147 335 000	22 696 000	7 605 000
Operating Profit	5 690 000	11 142 000	−1 000
Financial Income	53 000	63 000	0
Financial Costs	8 759 000	14 193 000	405 000
Financial Balance	−8 706 000	−14 130 000	−405 000
Dividends	0	0	0
Net Income	−2 352 000	−2 331 000	−317 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	1 410 000	747 000	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	1 410 000	747 000	0
Stock	146 485 000	41 441 000	7 604 000
Total Investments	0	0	0
Cash, Bank	7 291 000	56 834 000	89 850 000
Total Current Assets	650 267 000	334 954 000	109 116 000
Total Assets	651 678 000	335 700 000	109 116 000
Total Equity	−4 975 000	−2 623 000	−292 000
Short-Term Group Debt	100 000 000	100 000 000	100 000 000
Total Long-Term Debt	16 850 000	0	−89 000
Creditors	122 935 000	5 300 000	11 354 000
Unpaid Taxes	0	0	−1 857 000
Dividends	0	0	0
Other Current Debt	416 868 000	221 868 000	0
Total Current Debt	639 803 000	338 323 000	109 497 000
Total Equity and Debt	651 678 000	335 700 000	109 116 000

Financial indicators	2022	2021	2020
Return on Equity	47,28 %	88,87 %	108,56 %
Debt-to-Equity Ratio	−3,39	−0	0,3
Operating Profit Margin	2,34 %	-	-
Current Ratio	1,02	0,99	1
Quick Ratio	1,32	1,13	1,07
Equity Ratio	−0,01	−0,01	−0
Gross Profit Margin	39,38 %	-	-