JOHAN WESTLIE & SØNNER AS

1870 ØRJE

Finances

Return on Equity

7,19 %

Current Ratio

1,88

Debt-to-Equity Ratio

0,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 495 000	15 716 000	19 339 000	16 330 000
Net Income	159 000	−681 000	746 000	568 000
Total Assets	5 853 000	4 113 000	5 952 000	6 074 000
Total Equity	2 212 000	2 053 000	2 734 000	1 989 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 495 000	15 716 000	19 339 000	16 330 000
Expenditure	17 289 000	16 582 000	18 327 000	15 524 000
Operating Profit	207 000	−866 000	1 013 000	807 000
Financial Income	21 000	0	0	1 000
Financial Costs	24 000	8 000	69 000	74 000
Financial Balance	−3 000	−8 000	−69 000	−73 000
Earnings Before Tax	204 000	−873 000	944 000	734 000
Tax	45 000	−192 000	199 000	166 000
Net Income	159 000	−681 000	746 000	568 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	370 000	410 000	294 000	242 000
Total Current Assets	5 483 000	3 703 000	5 658 000	5 832 000
Total Assets	5 853 000	4 113 000	5 952 000	6 074 000
Total Retained Equity	2 152 000	1 993 000	2 674 000	1 929 000
Total Equity	2 212 000	2 053 000	2 734 000	1 989 000
Total Long-Term Debt	730 000	0	40 000	1 433 000
Total Current Debt	2 911 000	2 060 000	3 177 000	2 651 000
Total Equity and Debt	5 853 000	4 113 000	5 952 000	6 074 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 495 000	15 716 000	17 660 000	15 660 000
Other Income	0	0	1 680 000	670 000
Revenue	17 495 000	15 716 000	19 339 000	16 330 000
Cost of Goods Sold	9 657 000	8 695 000	10 735 000	9 064 000
Salary Costs	5 918 000	6 015 000	5 805 000	4 800 000
Depreciation	77 000	77 000	76 000	63 000
Impairment	0	0	0	0
Expenditure	17 289 000	16 582 000	18 327 000	15 524 000
Operating Profit	207 000	−866 000	1 013 000	807 000
Financial Income	21 000	0	0	1 000
Financial Costs	24 000	8 000	69 000	74 000
Financial Balance	−3 000	−8 000	−69 000	−73 000
Dividends	0	0	0	0
Net Income	159 000	−681 000	746 000	568 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	107 000	152 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	192 000	188 000	224 000	172 000
Total Tangible Assets	192 000	188 000	224 000	172 000
Total Fiancial Fixed Assets	70 000	70 000	70 000	70 000
Total Fixed Assets	370 000	410 000	294 000	242 000
Stock	729 000	10 000	10 000	1 241 000
Total Investments	0	0	0	0
Cash, Bank	2 074 000	443 000	2 460 000	1 185 000
Total Current Assets	5 483 000	3 703 000	5 658 000	5 832 000
Total Assets	5 853 000	4 113 000	5 952 000	6 074 000
Total Equity	2 212 000	2 053 000	2 734 000	1 989 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	730 000	0	40 000	1 433 000
Creditors	1 369 000	685 000	1 677 000	1 147 000
Unpaid Taxes	841 000	682 000	733 000	820 000
Dividends	0	0	0	0
Other Current Debt	701 000	694 000	608 000	518 000
Total Current Debt	2 911 000	2 060 000	3 177 000	2 651 000
Total Equity and Debt	5 853 000	4 113 000	5 952 000	6 074 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,19 %	−33,17 %	27,29 %	28,56 %
Debt-to-Equity Ratio	0,33	0	0,01	0,72
Operating Profit Margin	1,18 %	−5,51 %	5,24 %	4,94 %
Current Ratio	1,88	1,8	1,78	2,2
Quick Ratio	2,51	1,81	1,79	4,14
Equity Ratio	0,38	0,5	0,46	0,33
Gross Profit Margin	44,8 %	44,67 %	44,49 %	44,49 %