WESTCON POWER & AUTOMATION AS

5582 ØLENSVÅG

Finances

Share Ownership

Return on Equity

27,14 %

Current Ratio

1,82

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020
Revenue	260 173 000	204 775 000	73 363 000
Net Income	13 312 000	15 069 000	209 000
Total Assets	111 554 000	119 091 000	93 041 000
Total Equity	49 046 000	31 201 000	10 239 000

Income (NOK)	2022	2021	2020
Revenue	260 173 000	204 775 000	73 363 000
Expenditure	244 093 000	189 313 000	77 489 000
Operating Profit	17 371 000	19 874 000	489 000
Financial Income	16 000	8 000	0
Financial Costs	321 000	560 000	221 000
Financial Balance	−305 000	−552 000	−221 000
Earnings Before Tax	17 066 000	19 322 000	268 000
Tax	3 755 000	4 253 000	59 000
Net Income	13 312 000	15 069 000	209 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	6 817 000	5 641 000	3 988 000
Total Current Assets	104 737 000	113 451 000	89 053 000
Total Assets	111 554 000	119 091 000	93 041 000
Total Retained Equity	0	0	209 000
Total Equity	49 046 000	31 201 000	10 239 000
Total Long-Term Debt	5 000 000	5 000 000	5 059 000
Total Current Debt	57 507 000	82 890 000	77 743 000
Total Equity and Debt	111 554 000	119 091 000	93 041 000

Cash flow (NOK)	2022	2021	2020
Sales Income	260 173 000	204 765 000	73 043 000
Other Income	0	11 000	320 000
Revenue	260 173 000	204 775 000	73 363 000
Cost of Goods Sold	129 578 000	95 547 000	39 919 000
Salary Costs	95 506 000	82 450 000	33 510 000
Depreciation	760 000	609 000	297 000
Impairment	0	0	0
Expenditure	244 093 000	189 313 000	77 489 000
Operating Profit	17 371 000	19 874 000	489 000
Financial Income	16 000	8 000	0
Financial Costs	321 000	560 000	221 000
Financial Balance	−305 000	−552 000	−221 000
Dividends	0	0	0
Net Income	13 312 000	15 069 000	209 000

Balance details (NOK)	2022	2021	2020
Goodwill	184 000	275 000	367 000
Total Intangible Assets	2 767 000	1 856 000	367 000
Real Eastate	2 733 000	2 891 000	2 908 000
Machinery and Plant Facilities	0	0	0
Fixtures	1 291 000	885 000	633 000
Total Tangible Assets	4 024 000	3 776 000	3 541 000
Total Fiancial Fixed Assets	26 000	8 000	80 000
Total Fixed Assets	6 817 000	5 641 000	3 988 000
Stock	18 677 000	17 386 000	12 975 000
Total Investments	0	0	0
Cash, Bank	10 796 000	41 639 000	42 372 000
Total Current Assets	104 737 000	113 451 000	89 053 000
Total Assets	111 554 000	119 091 000	93 041 000
Total Equity	49 046 000	31 201 000	10 239 000
Short-Term Group Debt	0	10 000 000	33 405 000
Total Long-Term Debt	5 000 000	5 000 000	5 059 000
Creditors	13 970 000	22 088 000	11 480 000
Unpaid Taxes	14 242 000	11 686 000	9 219 000
Dividends	0	0	0
Other Current Debt	29 296 000	39 117 000	23 638 000
Total Current Debt	57 507 000	82 890 000	77 743 000
Total Equity and Debt	111 554 000	119 091 000	93 041 000

Financial indicators	2022	2021	2020
Return on Equity	27,14 %	48,3 %	2,04 %
Debt-to-Equity Ratio	0,1	0,16	0,49
Operating Profit Margin	6,68 %	9,71 %	0,67 %
Current Ratio	1,82	1,37	1,15
Quick Ratio	2,7	1,73	1,37
Equity Ratio	0,44	0,26	0,11
Gross Profit Margin	50,2 %	53,34 %	45,59 %