WEST MEKAN PRODUKSJON AS

6770 NORDFJORDEID

Finances

Return on Equity

14,74 %

Current Ratio

3,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	71 110 000	55 366 000	65 676 000	76 444 000
Net Income	5 510 000	5 040 000	10 274 000	6 200 000
Total Assets	48 302 000	44 582 000	44 212 000	37 913 000
Total Equity	37 386 000	33 375 000	30 336 000	24 062 000

Income (NOK)	2022	2021	2020	2019
Revenue	71 110 000	55 366 000	65 676 000	76 444 000
Expenditure	67 857 000	50 079 000	54 581 000	69 329 000
Operating Profit	5 883 000	6 171 000	10 756 000	7 136 000
Financial Income	2 197 000	1 683 000	2 089 000	1 381 000
Financial Costs	1 059 000	1 331 000	32 000	143 000
Financial Balance	1 138 000	352 000	2 057 000	1 238 000
Earnings Before Tax	7 021 000	6 523 000	12 813 000	8 374 000
Tax	1 511 000	1 483 000	2 539 000	2 173 000
Net Income	5 510 000	5 040 000	10 274 000	6 200 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 846 000	5 457 000	3 021 000	1 522 000
Total Current Assets	39 456 000	39 126 000	41 191 000	36 391 000
Total Assets	48 302 000	44 582 000	44 212 000	37 913 000
Total Retained Equity	32 477 000	28 466 000	25 427 000	19 153 000
Total Equity	37 386 000	33 375 000	30 336 000	24 062 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	10 916 000	11 207 000	13 877 000	13 851 000
Total Equity and Debt	48 302 000	44 582 000	44 212 000	37 913 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	70 195 000	54 668 000	64 925 000	75 587 000
Other Income	916 000	698 000	752 000	856 000
Revenue	71 110 000	55 366 000	65 676 000	76 444 000
Cost of Goods Sold	37 959 000	26 281 000	30 346 000	39 743 000
Salary Costs	17 969 000	14 233 000	15 787 000	17 613 000
Depreciation	1 179 000	934 000	466 000	389 000
Impairment	0	0	0	0
Expenditure	67 857 000	50 079 000	54 581 000	69 329 000
Operating Profit	5 883 000	6 171 000	10 756 000	7 136 000
Financial Income	2 197 000	1 683 000	2 089 000	1 381 000
Financial Costs	1 059 000	1 331 000	32 000	143 000
Financial Balance	1 138 000	352 000	2 057 000	1 238 000
Dividends	1 500 000	2 000 000	4 000 000	4 000 000
Net Income	5 510 000	5 040 000	10 274 000	6 200 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	796 000	408 000	453 000	0
Machinery and Plant Facilities	7 509 000	4 565 000	2 103 000	1 452 000
Fixtures	532 000	474 000	455 000	60 000
Total Tangible Assets	8 837 000	5 447 000	3 011 000	1 512 000
Total Fiancial Fixed Assets	10 000	10 000	10 000	10 000
Total Fixed Assets	8 846 000	5 457 000	3 021 000	1 522 000
Stock	14 557 000	12 427 000	12 044 000	12 382 000
Total Investments	0	0	0	0
Cash, Bank	13 183 000	15 437 000	21 437 000	12 035 000
Total Current Assets	39 456 000	39 126 000	41 191 000	36 391 000
Total Assets	48 302 000	44 582 000	44 212 000	37 913 000
Total Equity	37 386 000	33 375 000	30 336 000	24 062 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 465 000	4 883 000	4 294 000	3 985 000
Unpaid Taxes	1 319 000	1 250 000	1 161 000	1 666 000
Dividends	1 500 000	2 000 000	4 000 000	4 000 000
Other Current Debt	2 122 000	1 590 000	1 883 000	2 027 000
Total Current Debt	10 916 000	11 207 000	13 877 000	13 851 000
Total Equity and Debt	48 302 000	44 582 000	44 212 000	37 913 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,74 %	15,1 %	33,87 %	25,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,27 %	11,15 %	16,38 %	9,33 %
Current Ratio	3,61	3,49	2,97	2,63
Quick Ratio	−10,84	−32,07	22,47	24,77
Equity Ratio	0,77	0,75	0,69	0,63
Gross Profit Margin	46,62 %	52,53 %	53,79 %	48,01 %