WESTGAARD LANDHANDEL AS

3788 STABBESTAD

Finances

Return on Equity

11,49 %

Current Ratio

4,25

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 337 000	22 797 000	24 390 000	19 955 000
Net Income	630 000	1 360 000	1 802 000	409 000
Total Assets	6 873 000	6 726 000	6 908 000	5 080 000
Total Equity	5 483 000	4 852 000	3 993 000	3 391 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 337 000	22 797 000	24 390 000	19 955 000
Expenditure	20 590 000	21 113 000	22 126 000	19 479 000
Operating Profit	748 000	1 685 000	2 264 000	476 000
Financial Income	49 000	49 000	41 000	43 000
Financial Costs	1 000	2 000	2 000	1 000
Financial Balance	48 000	47 000	39 000	42 000
Earnings Before Tax	796 000	1 732 000	2 303 000	518 000
Tax	166 000	373 000	501 000	109 000
Net Income	630 000	1 360 000	1 802 000	409 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	973 000	925 000	1 090 000	1 265 000
Total Current Assets	5 901 000	5 802 000	5 817 000	3 815 000
Total Assets	6 873 000	6 726 000	6 908 000	5 080 000
Total Retained Equity	4 993 000	4 362 000	3 503 000	2 901 000
Total Equity	5 483 000	4 852 000	3 993 000	3 391 000
Total Long-Term Debt	3 000	12 000	24 000	31 000
Total Current Debt	1 388 000	1 862 000	2 892 000	1 659 000
Total Equity and Debt	6 873 000	6 726 000	6 908 000	5 080 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 217 000	22 648 000	24 259 000	19 787 000
Other Income	120 000	149 000	131 000	169 000
Revenue	21 337 000	22 797 000	24 390 000	19 955 000
Cost of Goods Sold	14 673 000	15 494 000	16 506 000	13 876 000
Salary Costs	3 406 000	3 259 000	3 467 000	3 486 000
Depreciation	196 000	207 000	215 000	201 000
Impairment	0	0	0	0
Expenditure	20 590 000	21 113 000	22 126 000	19 479 000
Operating Profit	748 000	1 685 000	2 264 000	476 000
Financial Income	49 000	49 000	41 000	43 000
Financial Costs	1 000	2 000	2 000	1 000
Financial Balance	48 000	47 000	39 000	42 000
Dividends	0	500 000	1 200 000	500 000
Net Income	630 000	1 360 000	1 802 000	409 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 000	20 000	29 000	37 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	860 000	803 000	960 000	1 126 000
Total Tangible Assets	872 000	823 000	989 000	1 164 000
Total Fiancial Fixed Assets	101 000	101 000	101 000	101 000
Total Fixed Assets	973 000	925 000	1 090 000	1 265 000
Stock	2 162 000	2 123 000	1 828 000	1 424 000
Total Investments	0	0	0	0
Cash, Bank	3 223 000	2 933 000	3 200 000	1 804 000
Total Current Assets	5 901 000	5 802 000	5 817 000	3 815 000
Total Assets	6 873 000	6 726 000	6 908 000	5 080 000
Total Equity	5 483 000	4 852 000	3 993 000	3 391 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	12 000	24 000	31 000
Creditors	689 000	439 000	574 000	539 000
Unpaid Taxes	201 000	186 000	260 000	212 000
Dividends	0	500 000	1 200 000	500 000
Other Current Debt	323 000	853 000	1 549 000	803 000
Total Current Debt	1 388 000	1 862 000	2 892 000	1 659 000
Total Equity and Debt	6 873 000	6 726 000	6 908 000	5 080 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,49 %	28,03 %	45,13 %	12,06 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	3,51 %	7,39 %	9,28 %	2,39 %
Current Ratio	4,25	3,12	2,01	2,3
Quick Ratio	−7,62	−22,23	5,47	16,23
Equity Ratio	0,8	0,72	0,58	0,67
Gross Profit Margin	31,23 %	32,03 %	32,32 %	30,46 %