WESTERGÅRD EIENDOM AS

3615 KONGSBERG

Finances

Share Ownership

Return on Equity

14,33 %

Current Ratio

2,34

Debt-to-Equity Ratio

2,59

Key figures (NOK)	2022	2021	2020
Revenue	664 000	670 000	655 000
Net Income	136 000	284 000	237 000
Total Assets	3 552 000	3 628 000	3 492 000
Total Equity	949 000	813 000	2 529 000

Income (NOK)	2022	2021	2020
Revenue	664 000	670 000	655 000
Expenditure	384 000	259 000	316 000
Operating Profit	279 000	411 000	340 000
Financial Income	0	0	0
Financial Costs	104 000	45 000	39 000
Financial Balance	−104 000	−45 000	−39 000
Earnings Before Tax	175 000	366 000	301 000
Tax	39 000	82 000	63 000
Net Income	136 000	284 000	237 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 218 000	3 236 000	3 209 000
Total Current Assets	334 000	392 000	282 000
Total Assets	3 552 000	3 628 000	3 492 000
Total Retained Equity	658 000	521 000	237 000
Total Equity	949 000	813 000	2 529 000
Total Long-Term Debt	2 460 000	2 693 000	858 000
Total Current Debt	143 000	122 000	105 000
Total Equity and Debt	3 552 000	3 628 000	3 492 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	664 000	670 000	655 000
Revenue	664 000	670 000	655 000
Cost of Goods Sold	0	0	0
Salary Costs	0	53 000	0
Depreciation	18 000	12 000	5 000
Impairment	0	0	0
Expenditure	384 000	259 000	316 000
Operating Profit	279 000	411 000	340 000
Financial Income	0	0	0
Financial Costs	104 000	45 000	39 000
Financial Balance	−104 000	−45 000	−39 000
Dividends	0	0	0
Net Income	136 000	284 000	237 000

Balance details (NOK)	2022	2021	2020
Goodwill	204 000	204 000	204 000
Total Intangible Assets	204 000	204 000	204 000
Real Eastate	3 010 000	3 023 000	2 992 000
Machinery and Plant Facilities	0	0	0
Fixtures	4 000	9 000	14 000
Total Tangible Assets	3 014 000	3 032 000	3 006 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	3 218 000	3 236 000	3 209 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	306 000	364 000	144 000
Total Current Assets	334 000	392 000	282 000
Total Assets	3 552 000	3 628 000	3 492 000
Total Equity	949 000	813 000	2 529 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 460 000	2 693 000	858 000
Creditors	0	0	0
Unpaid Taxes	0	1 000	0
Dividends	0	0	0
Other Current Debt	102 000	40 000	43 000
Total Current Debt	143 000	122 000	105 000
Total Equity and Debt	3 552 000	3 628 000	3 492 000

Financial indicators	2022	2021	2020
Return on Equity	14,33 %	34,93 %	9,37 %
Debt-to-Equity Ratio	2,59	3,31	0,34
Operating Profit Margin	42,02 %	61,34 %	51,91 %
Current Ratio	2,34	3,21	2,69
Quick Ratio	2,34	3,21	2,69
Equity Ratio	0,27	0,22	0,72
Gross Profit Margin	100 %	100 %	100 %