WESTERN METALS AS

1414 TROLLÅSEN

Finances

Share Ownership

Return on Equity

324,65 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 062 000	239 000	429 000	899 000
Net Income	461 000	−124 000	31 000	47 000
Total Assets	932 000	346 000	266 000	290 000
Total Equity	142 000	231 000	120 000	204 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 062 000	239 000	429 000	899 000
Expenditure	471 000	367 000	398 000	837 000
Operating Profit	591 000	−127 000	31 000	61 000
Financial Income	11 000	5 000	16 000	8 000
Financial Costs	11 000	29 000	7 000	9 000
Financial Balance	0	−24 000	9 000	−1 000
Earnings Before Tax	591 000	−151 000	39 000	61 000
Tax	130 000	−28 000	9 000	13 000
Net Income	461 000	−124 000	31 000	47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	58 000	58 000
Total Current Assets	932 000	346 000	208 000	232 000
Total Assets	932 000	346 000	266 000	290 000
Total Retained Equity	104 000	−41 000	82 000	166 000
Total Equity	142 000	231 000	120 000	204 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	790 000	115 000	145 000	86 000
Total Equity and Debt	932 000	346 000	266 000	290 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 062 000	157 000	194 000	253 000
Other Income	0	83 000	235 000	646 000
Revenue	1 062 000	239 000	429 000	899 000
Cost of Goods Sold	310 000	139 000	177 000	240 000
Salary Costs	5 000	116 000	128 000	461 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	471 000	367 000	398 000	837 000
Operating Profit	591 000	−127 000	31 000	61 000
Financial Income	11 000	5 000	16 000	8 000
Financial Costs	11 000	29 000	7 000	9 000
Financial Balance	0	−24 000	9 000	−1 000
Dividends	550 000	0	114 000	0
Net Income	461 000	−124 000	31 000	47 000

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	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	58 000	58 000
Total Fixed Assets	0	0	58 000	58 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	616 000	41 000	168 000	220 000
Total Current Assets	932 000	346 000	208 000	232 000
Total Assets	932 000	346 000	266 000	290 000
Total Equity	142 000	231 000	120 000	204 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	3 000	6 000	4 000
Unpaid Taxes	110 000	28 000	2 000	7 000
Dividends	550 000	0	114 000	0
Other Current Debt	0	46 000	14 000	62 000
Total Current Debt	790 000	115 000	145 000	86 000
Total Equity and Debt	932 000	346 000	266 000	290 000

Financial indicators	2022	2021	2020	2019
Return on Equity	324,65 %	−53,68 %	25,83 %	23,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	55,65 %	−53,14 %	7,23 %	6,79 %
Current Ratio	1,18	3,01	1,43	2,7
Quick Ratio	1,18	3,01	1,43	2,7
Equity Ratio	0,15	0,67	0,45	0,7
Gross Profit Margin	70,81 %	41,84 %	58,74 %	73,3 %