O WESTAD & SØNNER AS

1434 ÅS

Finances

Share Ownership

Return on Equity

21,35 %

Current Ratio

2,82

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	94 920 000	77 899 000	75 153 000	79 478 000
Net Income	4 344 000	220 000	3 756 000	8 365 000
Total Assets	32 396 000	34 708 000	37 792 000	34 763 000
Total Equity	20 343 000	23 499 000	24 662 000	20 906 000

Income (NOK)	2022	2021	2020	2019
Revenue	94 920 000	77 899 000	75 153 000	79 478 000
Expenditure	89 408 000	77 608 000	70 359 000	68 721 000
Operating Profit	5 512 000	291 000	4 793 000	10 758 000
Financial Income	88 000	20 000	50 000	58 000
Financial Costs	28 000	27 000	27 000	67 000
Financial Balance	60 000	−7 000	23 000	−9 000
Earnings Before Tax	5 572 000	284 000	4 816 000	10 749 000
Tax	1 228 000	64 000	1 061 000	2 384 000
Net Income	4 344 000	220 000	3 756 000	8 365 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	815 000	734 000	795 000	971 000
Total Current Assets	31 581 000	33 974 000	36 997 000	33 791 000
Total Assets	32 396 000	34 708 000	37 792 000	34 763 000
Total Retained Equity	19 453 000	22 571 000	23 734 000	19 978 000
Total Equity	20 343 000	23 499 000	24 662 000	20 906 000
Total Long-Term Debt	837 000	1 576 000	3 193 000	4 045 000
Total Current Debt	11 216 000	9 634 000	9 937 000	9 812 000
Total Equity and Debt	32 396 000	34 708 000	37 792 000	34 763 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	94 173 000	77 879 000	75 025 000	72 210 000
Other Income	748 000	20 000	129 000	7 268 000
Revenue	94 920 000	77 899 000	75 153 000	79 478 000
Cost of Goods Sold	12 489 000	10 049 000	5 006 000	6 250 000
Salary Costs	29 495 000	27 700 000	26 929 000	25 217 000
Depreciation	204 000	221 000	209 000	353 000
Impairment	0	0	0	0
Expenditure	89 408 000	77 608 000	70 359 000	68 721 000
Operating Profit	5 512 000	291 000	4 793 000	10 758 000
Financial Income	88 000	20 000	50 000	58 000
Financial Costs	28 000	27 000	27 000	67 000
Financial Balance	60 000	−7 000	23 000	−9 000
Dividends	0	0	0	0
Net Income	4 344 000	220 000	3 756 000	8 365 000

Balance details (NOK)	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	27 000	33 000	38 000	44 000
Fixtures	694 000	608 000	662 000	833 000
Total Tangible Assets	721 000	640 000	700 000	877 000
Total Fiancial Fixed Assets	94 000	94 000	94 000	94 000
Total Fixed Assets	815 000	734 000	795 000	971 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	16 806 000	22 562 000	26 204 000	22 907 000
Total Current Assets	31 581 000	33 974 000	36 997 000	33 791 000
Total Assets	32 396 000	34 708 000	37 792 000	34 763 000
Total Equity	20 343 000	23 499 000	24 662 000	20 906 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	837 000	1 576 000	3 193 000	4 045 000
Creditors	3 898 000	2 825 000	3 449 000	3 638 000
Unpaid Taxes	3 231 000	3 210 000	2 709 000	2 590 000
Dividends	0	0	0	0
Other Current Debt	2 811 000	3 311 000	2 464 000	2 445 000
Total Current Debt	11 216 000	9 634 000	9 937 000	9 812 000
Total Equity and Debt	32 396 000	34 708 000	37 792 000	34 763 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,35 %	0,94 %	15,23 %	40,01 %
Debt-to-Equity Ratio	0,04	0,07	0,13	0,19
Operating Profit Margin	5,81 %	0,37 %	6,38 %	13,54 %
Current Ratio	2,82	3,53	3,72	3,44
Quick Ratio	2,82	3,53	3,72	3,44
Equity Ratio	0,63	0,68	0,65	0,6
Gross Profit Margin	86,84 %	87,1 %	93,34 %	92,14 %