WESTVIG GRUPPEN AS

9405 HARSTAD

Finances

Return on Equity

7,09 %

Current Ratio

1,83

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	459 000	443 000	388 000	379 000
Net Income	135 000	267 000	221 000	219 000
Total Assets	2 167 000	2 712 000	2 460 000	2 767 000
Total Equity	1 905 000	2 178 000	2 211 000	1 990 000

Income (NOK)	2022	2021	2020	2019
Revenue	459 000	443 000	388 000	379 000
Expenditure	286 000	101 000	106 000	101 000
Operating Profit	173 000	342 000	283 000	278 000
Financial Income	1 000	0	1 000	3 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	3 000
Earnings Before Tax	174 000	342 000	284 000	281 000
Tax	38 000	75 000	62 000	62 000
Net Income	135 000	267 000	221 000	219 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 967 000	2 012 000	2 024 000	2 102 000
Total Current Assets	200 000	700 000	436 000	665 000
Total Assets	2 167 000	2 712 000	2 460 000	2 767 000
Total Retained Equity	1 808 000	2 081 000	2 114 000	1 893 000
Total Equity	1 905 000	2 178 000	2 211 000	1 990 000
Total Long-Term Debt	152 000	149 000	145 000	140 000
Total Current Debt	109 000	386 000	104 000	637 000
Total Equity and Debt	2 167 000	2 712 000	2 460 000	2 767 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	459 000	443 000	0	0
Other Income	0	0	388 000	379 000
Revenue	459 000	443 000	388 000	379 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	12 000	12 000	12 000	12 000
Impairment	0	0	0	0
Expenditure	286 000	101 000	106 000	101 000
Operating Profit	173 000	342 000	283 000	278 000
Financial Income	1 000	0	1 000	3 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	1 000	3 000
Dividends	0	300 000	0	550 000
Net Income	135 000	267 000	221 000	219 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 717 000	1 729 000	1 740 000	1 752 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 717 000	1 729 000	1 740 000	1 752 000
Total Fiancial Fixed Assets	250 000	283 000	283 000	350 000
Total Fixed Assets	1 967 000	2 012 000	2 024 000	2 102 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	163 000	586 000	276 000	595 000
Total Current Assets	200 000	700 000	436 000	665 000
Total Assets	2 167 000	2 712 000	2 460 000	2 767 000
Total Equity	1 905 000	2 178 000	2 211 000	1 990 000
Short-Term Group Debt	75 000	0	0	0
Total Long-Term Debt	152 000	149 000	145 000	140 000
Creditors	15 000	14 000	14 000	12 000
Unpaid Taxes	0	0	0	0
Dividends	0	300 000	0	550 000
Other Current Debt	1 000	0	32 000	18 000
Total Current Debt	109 000	386 000	104 000	637 000
Total Equity and Debt	2 167 000	2 712 000	2 460 000	2 767 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,09 %	12,26 %	10 %	11,01 %
Debt-to-Equity Ratio	0,08	0,07	0,07	0,07
Operating Profit Margin	37,69 %	77,2 %	72,94 %	73,35 %
Current Ratio	1,83	1,81	4,19	1,04
Quick Ratio	1,83	1,81	4,19	1,04
Equity Ratio	0,88	0,8	0,9	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %