WEST COAST SEAFOOD AS

5937 BØVÅGEN

Finances

Share Ownership

Return on Equity

21,81 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 315 000	1 088 000	1 061 000	1 141 000
Net Income	481 000	192 000	230 000	336 000
Total Assets	3 329 000	2 752 000	2 888 000	3 032 000
Total Equity	2 205 000	2 423 000	2 231 000	2 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 315 000	1 088 000	1 061 000	1 141 000
Expenditure	674 000	817 000	741 000	681 000
Operating Profit	642 000	271 000	320 000	460 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	8 000
Financial Balance	1 000	0	0	−8 000
Earnings Before Tax	642 000	271 000	320 000	452 000
Tax	161 000	79 000	90 000	116 000
Net Income	481 000	192 000	230 000	336 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 823 000	1 998 000	2 126 000	2 356 000
Total Current Assets	1 506 000	754 000	761 000	676 000
Total Assets	3 329 000	2 752 000	2 888 000	3 032 000
Total Retained Equity	2 105 000	2 323 000	2 131 000	1 900 000
Total Equity	2 205 000	2 423 000	2 231 000	2 000 000
Total Long-Term Debt	0	0	0	61 000
Total Current Debt	1 124 000	329 000	657 000	970 000
Total Equity and Debt	3 329 000	2 752 000	2 888 000	3 032 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	−105 000	0	40 000	0
Other Income	1 421 000	1 088 000	1 021 000	1 141 000
Revenue	1 315 000	1 088 000	1 061 000	1 141 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	204 000	210 000	208 000	210 000
Impairment	0	0	0	0
Expenditure	674 000	817 000	741 000	681 000
Operating Profit	642 000	271 000	320 000	460 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	0	8 000
Financial Balance	1 000	0	0	−8 000
Dividends	700 000	0	0	0
Net Income	481 000	192 000	230 000	336 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 665 000	1 815 000	1 965 000	2 154 000
Machinery and Plant Facilities	0	10 000	21 000	32 000
Fixtures	159 000	173 000	141 000	170 000
Total Tangible Assets	1 823 000	1 998 000	2 126 000	2 356 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 823 000	1 998 000	2 126 000	2 356 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 216 000	678 000	554 000	354 000
Total Current Assets	1 506 000	754 000	761 000	676 000
Total Assets	3 329 000	2 752 000	2 888 000	3 032 000
Total Equity	2 205 000	2 423 000	2 231 000	2 000 000
Short-Term Group Debt	0	243 000	543 000	743 000
Total Long-Term Debt	0	0	0	61 000
Creditors	10 000	4 000	4 000	32 000
Unpaid Taxes	56 000	1 000	1 000	47 000
Dividends	700 000	0	0	0
Other Current Debt	196 000	2 000	20 000	33 000
Total Current Debt	1 124 000	329 000	657 000	970 000
Total Equity and Debt	3 329 000	2 752 000	2 888 000	3 032 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,81 %	7,92 %	10,31 %	16,8 %
Debt-to-Equity Ratio	0	0	0	0,03
Operating Profit Margin	48,82 %	24,91 %	30,16 %	40,32 %
Current Ratio	1,34	2,29	1,16	0,7
Quick Ratio	1,34	2,29	1,16	0,7
Equity Ratio	0,66	0,88	0,77	0,66
Gross Profit Margin	100 %	100 %	100 %	100 %