WESTING AS

6092 FOSNAVÅG

Finances

Return on Equity

41,1 %

Current Ratio

1,37

Debt-to-Equity Ratio

0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	74 723 000	62 447 000	67 850 000	74 029 000
Net Income	4 969 000	960 000	3 937 000	7 230 000
Total Assets	36 091 000	32 400 000	35 941 000	29 573 000
Total Equity	12 091 000	11 356 000	10 947 000	10 364 000

Income (NOK)	2022	2021	2020	2019
Revenue	74 723 000	62 447 000	67 850 000	74 029 000
Expenditure	68 341 000	61 051 000	62 849 000	66 648 000
Operating Profit	6 382 000	1 397 000	5 002 000	7 381 000
Financial Income	100 000	10 000	184 000	88 000
Financial Costs	87 000	167 000	121 000	14 000
Financial Balance	13 000	−157 000	63 000	74 000
Earnings Before Tax	6 395 000	1 240 000	5 065 000	7 455 000
Tax	1 427 000	281 000	1 128 000	226 000
Net Income	4 969 000	960 000	3 937 000	7 230 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 048 000	7 987 000	2 094 000	2 887 000
Total Current Assets	28 043 000	24 413 000	33 847 000	26 687 000
Total Assets	36 091 000	32 400 000	35 941 000	29 573 000
Total Retained Equity	4 046 000	3 311 000	2 902 000	2 319 000
Total Equity	12 091 000	11 356 000	10 947 000	10 364 000
Total Long-Term Debt	3 507 000	3 801 000	0	0
Total Current Debt	20 493 000	17 243 000	24 994 000	19 209 000
Total Equity and Debt	36 091 000	32 400 000	35 941 000	29 573 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	74 085 000	61 994 000	67 471 000	67 349 000
Other Income	638 000	453 000	379 000	6 680 000
Revenue	74 723 000	62 447 000	67 850 000	74 029 000
Cost of Goods Sold	43 166 000	36 074 000	39 244 000	41 662 000
Salary Costs	12 366 000	13 111 000	12 862 000	13 968 000
Depreciation	482 000	375 000	352 000	399 000
Impairment	0	38 000	0	90 000
Expenditure	68 341 000	61 051 000	62 849 000	66 648 000
Operating Profit	6 382 000	1 397 000	5 002 000	7 381 000
Financial Income	100 000	10 000	184 000	88 000
Financial Costs	87 000	167 000	121 000	14 000
Financial Balance	13 000	−157 000	63 000	74 000
Dividends	3 500 000	0	0	0
Net Income	4 969 000	960 000	3 937 000	7 230 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	225 000	198 000	203 000	694 000
Real Eastate	171 000	204 000	238 000	271 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 804 000	2 041 000	1 236 000	1 764 000
Total Tangible Assets	1 975 000	2 246 000	1 474 000	2 035 000
Total Fiancial Fixed Assets	5 848 000	5 543 000	417 000	158 000
Total Fixed Assets	8 048 000	7 987 000	2 094 000	2 887 000
Stock	14 734 000	13 017 000	9 945 000	10 826 000
Total Investments	0	0	0	0
Cash, Bank	2 369 000	1 109 000	10 365 000	6 030 000
Total Current Assets	28 043 000	24 413 000	33 847 000	26 687 000
Total Assets	36 091 000	32 400 000	35 941 000	29 573 000
Total Equity	12 091 000	11 356 000	10 947 000	10 364 000
Short-Term Group Debt	1 214 000	1 756 000	6 989 000	5 000 000
Total Long-Term Debt	3 507 000	3 801 000	0	0
Creditors	9 641 000	9 900 000	13 052 000	10 350 000
Unpaid Taxes	1 289 000	880 000	1 627 000	1 312 000
Dividends	3 500 000	0	0	0
Other Current Debt	3 662 000	2 250 000	2 972 000	2 547 000
Total Current Debt	20 493 000	17 243 000	24 994 000	19 209 000
Total Equity and Debt	36 091 000	32 400 000	35 941 000	29 573 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,1 %	8,45 %	35,96 %	69,76 %
Debt-to-Equity Ratio	0,29	0,33	0	0
Operating Profit Margin	8,54 %	2,24 %	7,37 %	9,97 %
Current Ratio	1,37	1,42	1,35	1,39
Quick Ratio	4,87	5,78	2,25	3,18
Equity Ratio	0,34	0,35	0,3	0,35
Gross Profit Margin	42,23 %	42,23 %	42,16 %	43,72 %