WESTCOAST AS

5012 BERGEN

Finances

Share Ownership

Return on Equity

36,75 %

Current Ratio

1,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 087 019 000	834 757 000	708 394 000	583 745 000
Net Income	18 848 000	11 501 000	6 525 000	5 646 000
Total Assets	130 736 000	148 597 000	84 137 000	104 289 000
Total Equity	51 283 000	46 743 000	36 646 000	34 721 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 087 019 000	834 757 000	708 394 000	583 745 000
Expenditure	1 071 120 000	818 931 000	700 451 000	577 389 000
Operating Profit	15 899 000	15 826 000	7 943 000	6 357 000
Financial Income	13 805 000	4 953 000	6 544 000	977 000
Financial Costs	6 993 000	6 020 000	6 097 000	69 000
Financial Balance	6 812 000	−1 067 000	447 000	908 000
Earnings Before Tax	22 711 000	14 759 000	8 389 000	7 265 000
Tax	3 862 000	3 259 000	1 864 000	1 619 000
Net Income	18 848 000	11 501 000	6 525 000	5 646 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 178 000	2 763 000	0	0
Total Current Assets	127 558 000	145 835 000	84 137 000	104 289 000
Total Assets	130 736 000	148 597 000	84 137 000	104 289 000
Total Retained Equity	47 550 000	38 074 000	34 773 000	32 847 000
Total Equity	51 283 000	46 743 000	36 646 000	34 721 000
Total Long-Term Debt	0	0	48 000	347 000
Total Current Debt	79 453 000	101 854 000	47 443 000	69 221 000
Total Equity and Debt	130 736 000	148 597 000	84 137 000	104 289 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 087 019 000	834 757 000	708 394 000	583 745 000
Other Income	0	0	0	0
Revenue	1 087 019 000	834 757 000	708 394 000	583 745 000
Cost of Goods Sold	1 050 853 000	807 519 000	690 722 000	567 362 000
Salary Costs	14 408 000	8 508 000	7 008 000	6 379 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 071 120 000	818 931 000	700 451 000	577 389 000
Operating Profit	15 899 000	15 826 000	7 943 000	6 357 000
Financial Income	13 805 000	4 953 000	6 544 000	977 000
Financial Costs	6 993 000	6 020 000	6 097 000	69 000
Financial Balance	6 812 000	−1 067 000	447 000	908 000
Dividends	9 000 000	0	0	0
Net Income	18 848 000	11 501 000	6 525 000	5 646 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 383 000	280 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	1 794 000	2 483 000	0	0
Total Fixed Assets	3 178 000	2 763 000	0	0
Stock	27 233 000	44 270 000	16 076 000	19 443 000
Total Investments	3 000 000	0	0	0
Cash, Bank	5 469 000	13 692 000	8 157 000	17 246 000
Total Current Assets	127 558 000	145 835 000	84 137 000	104 289 000
Total Assets	130 736 000	148 597 000	84 137 000	104 289 000
Total Equity	51 283 000	46 743 000	36 646 000	34 721 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	48 000	347 000
Creditors	59 045 000	90 642 000	39 232 000	66 216 000
Unpaid Taxes	1 307 000	908 000	896 000	641 000
Dividends	9 000 000	0	0	0
Other Current Debt	5 135 000	1 218 000	5 152 000	1 084 000
Total Current Debt	79 453 000	101 854 000	47 443 000	69 221 000
Total Equity and Debt	130 736 000	148 597 000	84 137 000	104 289 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,75 %	24,6 %	17,81 %	16,26 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	1,46 %	1,9 %	1,12 %	1,09 %
Current Ratio	1,61	1,43	1,77	1,51
Quick Ratio	2,44	2,53	2,68	2,1
Equity Ratio	0,39	0,31	0,44	0,33
Gross Profit Margin	3,33 %	3,26 %	2,49 %	2,81 %