WESTCO MILJØ AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

10,54 %

Current Ratio

1,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	238 248 000	223 494 000	223 323 000	225 044 000
Net Income	6 276 000	9 545 000	7 922 000	8 405 000
Total Assets	110 636 000	102 296 000	101 373 000	105 002 000
Total Equity	59 531 000	59 254 000	59 709 000	61 787 000

Income (NOK)	2022	2021	2020	2019
Revenue	238 248 000	223 494 000	223 323 000	225 044 000
Expenditure	229 851 000	210 965 000	213 014 000	214 377 000
Operating Profit	8 396 000	12 530 000	10 309 000	10 667 000
Financial Income	306 000	125 000	242 000	489 000
Financial Costs	484 000	253 000	216 000	206 000
Financial Balance	−178 000	−128 000	26 000	283 000
Earnings Before Tax	8 218 000	12 402 000	10 335 000	10 949 000
Tax	1 942 000	2 857 000	2 413 000	2 545 000
Net Income	6 276 000	9 545 000	7 922 000	8 405 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	57 116 000	50 332 000	45 956 000	44 022 000
Total Current Assets	53 520 000	51 964 000	55 417 000	60 980 000
Total Assets	110 636 000	102 296 000	101 373 000	105 002 000
Total Retained Equity	42 005 000	41 728 000	42 183 000	44 261 000
Total Equity	59 531 000	59 254 000	59 709 000	61 787 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	51 106 000	43 042 000	41 664 000	43 215 000
Total Equity and Debt	110 636 000	102 296 000	101 373 000	105 002 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	235 486 000	218 811 000	220 470 000	221 782 000
Other Income	2 762 000	4 684 000	2 852 000	3 263 000
Revenue	238 248 000	223 494 000	223 323 000	225 044 000
Cost of Goods Sold	74 679 000	70 492 000	78 347 000	75 664 000
Salary Costs	67 903 000	62 958 000	60 828 000	60 400 000
Depreciation	16 270 000	14 049 000	12 462 000	11 109 000
Impairment	0	0	0	0
Expenditure	229 851 000	210 965 000	213 014 000	214 377 000
Operating Profit	8 396 000	12 530 000	10 309 000	10 667 000
Financial Income	306 000	125 000	242 000	489 000
Financial Costs	484 000	253 000	216 000	206 000
Financial Balance	−178 000	−128 000	26 000	283 000
Dividends	6 000 000	10 000 000	10 000 000	10 000 000
Net Income	6 276 000	9 545 000	7 922 000	8 405 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 474 000	2 248 000	2 374 000	2 227 000
Real Eastate	11 028 000	11 718 000	12 911 000	10 230 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	43 615 000	36 366 000	30 671 000	31 566 000
Total Tangible Assets	54 642 000	48 084 000	43 582 000	41 796 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	57 116 000	50 332 000	45 956 000	44 022 000
Stock	371 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 139 000	2 048 000	2 041 000	1 956 000
Total Current Assets	53 520 000	51 964 000	55 417 000	60 980 000
Total Assets	110 636 000	102 296 000	101 373 000	105 002 000
Total Equity	59 531 000	59 254 000	59 709 000	61 787 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	19 546 000	18 101 000	15 570 000	19 110 000
Unpaid Taxes	6 863 000	6 438 000	7 386 000	5 239 000
Dividends	6 000 000	10 000 000	10 000 000	10 000 000
Other Current Debt	16 529 000	5 771 000	6 148 000	6 516 000
Total Current Debt	51 106 000	43 042 000	41 664 000	43 215 000
Total Equity and Debt	110 636 000	102 296 000	101 373 000	105 002 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,54 %	16,11 %	13,27 %	13,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,52 %	5,61 %	4,62 %	4,74 %
Current Ratio	1,05	1,21	1,33	1,41
Quick Ratio	1,05	1,21	1,33	1,41
Equity Ratio	0,54	0,58	0,59	0,59
Gross Profit Margin	68,65 %	68,46 %	64,92 %	66,38 %