A. WESTRE AS

6155 ØRSTA

Finances

Return on Equity

52,09 %

Current Ratio

1,47

Debt-to-Equity Ratio

0,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 909 000	8 947 000	7 778 000	8 667 000
Net Income	1 935 000	785 000	235 000	303 000
Total Assets	8 454 000	8 090 000	7 218 000	8 042 000
Total Equity	3 715 000	4 080 000	3 295 000	3 460 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 909 000	8 947 000	7 778 000	8 667 000
Expenditure	9 497 000	7 904 000	7 442 000	8 271 000
Operating Profit	1 412 000	1 043 000	336 000	397 000
Financial Income	929 000	83 000	109 000	118 000
Financial Costs	108 000	120 000	144 000	158 000
Financial Balance	821 000	−37 000	−35 000	−40 000
Earnings Before Tax	2 234 000	1 006 000	301 000	357 000
Tax	299 000	221 000	66 000	54 000
Net Income	1 935 000	785 000	235 000	303 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 664 000	4 837 000	5 117 000	5 401 000
Total Current Assets	3 790 000	3 253 000	2 101 000	2 641 000
Total Assets	8 454 000	8 090 000	7 218 000	8 042 000
Total Retained Equity	3 250 000	2 315 000	1 530 000	1 696 000
Total Equity	3 715 000	4 080 000	3 295 000	3 460 000
Total Long-Term Debt	2 154 000	2 672 000	2 924 000	3 285 000
Total Current Debt	2 586 000	1 338 000	999 000	1 296 000
Total Equity and Debt	8 454 000	8 090 000	7 218 000	8 042 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 722 000	8 583 000	7 363 000	8 459 000
Other Income	186 000	365 000	415 000	209 000
Revenue	10 909 000	8 947 000	7 778 000	8 667 000
Cost of Goods Sold	3 337 000	2 560 000	2 545 000	2 799 000
Salary Costs	3 971 000	3 369 000	3 162 000	3 613 000
Depreciation	373 000	387 000	434 000	501 000
Impairment	0	0	0	0
Expenditure	9 497 000	7 904 000	7 442 000	8 271 000
Operating Profit	1 412 000	1 043 000	336 000	397 000
Financial Income	929 000	83 000	109 000	118 000
Financial Costs	108 000	120 000	144 000	158 000
Financial Balance	821 000	−37 000	−35 000	−40 000
Dividends	1 000 000	0	0	0
Net Income	1 935 000	785 000	235 000	303 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	362 000	349 000	333 000	315 000
Real Eastate	1 896 000	2 112 000	2 234 000	2 460 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	406 000	376 000	551 000	626 000
Total Tangible Assets	2 302 000	2 488 000	2 784 000	3 085 000
Total Fiancial Fixed Assets	2 000 000	2 000 000	2 000 000	2 000 000
Total Fixed Assets	4 664 000	4 837 000	5 117 000	5 401 000
Stock	569 000	719 000	422 000	347 000
Total Investments	0	0	0	0
Cash, Bank	2 448 000	1 750 000	1 026 000	1 544 000
Total Current Assets	3 790 000	3 253 000	2 101 000	2 641 000
Total Assets	8 454 000	8 090 000	7 218 000	8 042 000
Total Equity	3 715 000	4 080 000	3 295 000	3 460 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 154 000	2 672 000	2 924 000	3 285 000
Creditors	395 000	272 000	236 000	399 000
Unpaid Taxes	532 000	485 000	386 000	416 000
Dividends	1 000 000	0	0	0
Other Current Debt	347 000	343 000	293 000	400 000
Total Current Debt	2 586 000	1 338 000	999 000	1 296 000
Total Equity and Debt	8 454 000	8 090 000	7 218 000	8 042 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,09 %	19,24 %	7,13 %	8,76 %
Debt-to-Equity Ratio	0,58	0,65	0,89	0,95
Operating Profit Margin	12,94 %	11,66 %	4,32 %	4,58 %
Current Ratio	1,47	2,43	2,1	2,04
Quick Ratio	1,88	5,26	3,64	2,78
Equity Ratio	0,44	0,5	0,46	0,43
Gross Profit Margin	69,41 %	71,39 %	67,28 %	67,71 %