PÅL WESTBY AS

1820 SPYDEBERG

Finances

Return on Equity

19,26 %

Current Ratio

3,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 659 000	4 526 000	5 067 000	4 276 000
Net Income	796 000	−11 000	1 000 000	512 000
Total Assets	5 251 000	4 784 000	5 205 000	3 614 000
Total Equity	4 132 000	3 336 000	3 347 000	2 347 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 659 000	4 526 000	5 067 000	4 276 000
Expenditure	3 689 000	4 552 000	3 846 000	3 655 000
Operating Profit	972 000	−27 000	1 221 000	621 000
Financial Income	52 000	21 000	1 000	4 000
Financial Costs	1 000	5 000	−11 000	0
Financial Balance	51 000	16 000	12 000	4 000
Earnings Before Tax	1 024 000	−11 000	1 233 000	626 000
Tax	228 000	0	233 000	113 000
Net Income	796 000	−11 000	1 000 000	512 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	982 000	1 079 000	1 221 000	1 108 000
Total Current Assets	4 269 000	3 704 000	3 984 000	2 506 000
Total Assets	5 251 000	4 784 000	5 205 000	3 614 000
Total Retained Equity	3 832 000	3 036 000	3 047 000	2 047 000
Total Equity	4 132 000	3 336 000	3 347 000	2 347 000
Total Long-Term Debt	0	0	0	43 000
Total Current Debt	1 119 000	1 448 000	1 858 000	1 224 000
Total Equity and Debt	5 251 000	4 784 000	5 205 000	3 614 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 694 000	3 733 000	4 269 000	3 483 000
Other Income	965 000	793 000	798 000	793 000
Revenue	4 659 000	4 526 000	5 067 000	4 276 000
Cost of Goods Sold	1 702 000	1 582 000	1 550 000	1 480 000
Salary Costs	11 000	11 000	409 000	200 000
Depreciation	233 000	297 000	341 000	341 000
Impairment	0	0	0	0
Expenditure	3 689 000	4 552 000	3 846 000	3 655 000
Operating Profit	972 000	−27 000	1 221 000	621 000
Financial Income	52 000	21 000	1 000	4 000
Financial Costs	1 000	5 000	−11 000	0
Financial Balance	51 000	16 000	12 000	4 000
Dividends	0	0	0	0
Net Income	796 000	−11 000	1 000 000	512 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	78 000	0	14 000	15 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	829 000	1 004 000	1 132 000	1 017 000
Total Tangible Assets	907 000	1 004 000	1 145 000	1 032 000
Total Fiancial Fixed Assets	76 000	75 000	75 000	75 000
Total Fixed Assets	982 000	1 079 000	1 221 000	1 108 000
Stock	86 000	86 000	44 000	44 000
Total Investments	0	0	0	0
Cash, Bank	3 589 000	2 290 000	2 227 000	1 214 000
Total Current Assets	4 269 000	3 704 000	3 984 000	2 506 000
Total Assets	5 251 000	4 784 000	5 205 000	3 614 000
Total Equity	4 132 000	3 336 000	3 347 000	2 347 000
Short-Term Group Debt	261 000	261 000	261 000	261 000
Total Long-Term Debt	0	0	0	43 000
Creditors	107 000	113 000	160 000	−54 000
Unpaid Taxes	31 000	31 000	142 000	90 000
Dividends	0	0	0	0
Other Current Debt	499 000	1 042 000	1 062 000	773 000
Total Current Debt	1 119 000	1 448 000	1 858 000	1 224 000
Total Equity and Debt	5 251 000	4 784 000	5 205 000	3 614 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,26 %	−0,33 %	29,88 %	21,82 %
Debt-to-Equity Ratio	0	0	0	0,02
Operating Profit Margin	20,86 %	−0,6 %	24,1 %	14,52 %
Current Ratio	3,82	2,56	2,14	2,05
Quick Ratio	4,13	2,72	2,2	2,12
Equity Ratio	0,79	0,7	0,64	0,65
Gross Profit Margin	63,47 %	65,05 %	69,41 %	65,39 %