WESTAD STORKJØKKEN AS

6440 ELNESVÅGEN

Finances

Share Ownership

Return on Equity

48,08 %

Current Ratio

1,89

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 751 000	16 534 000	13 453 000	16 099 000
Net Income	1 749 000	1 426 000	1 034 000	676 000
Total Assets	6 992 000	6 535 000	6 761 000	4 558 000
Total Equity	3 638 000	2 992 000	2 966 000	2 882 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 751 000	16 534 000	13 453 000	16 099 000
Expenditure	16 483 000	14 674 000	12 110 000	15 207 000
Operating Profit	2 268 000	1 859 000	1 343 000	892 000
Financial Income	6 000	2 000	3 000	4 000
Financial Costs	32 000	33 000	20 000	23 000
Financial Balance	−26 000	−31 000	−17 000	−19 000
Earnings Before Tax	2 242 000	1 829 000	1 326 000	874 000
Tax	494 000	402 000	292 000	197 000
Net Income	1 749 000	1 426 000	1 034 000	676 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	698 000	675 000	69 000	41 000
Total Current Assets	6 294 000	5 861 000	6 692 000	4 517 000
Total Assets	6 992 000	6 535 000	6 761 000	4 558 000
Total Retained Equity	3 440 000	2 793 000	2 767 000	2 683 000
Total Equity	3 638 000	2 992 000	2 966 000	2 882 000
Total Long-Term Debt	21 000	11 000	0	0
Total Current Debt	3 333 000	3 532 000	3 795 000	1 676 000
Total Equity and Debt	6 992 000	6 535 000	6 761 000	4 558 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 461 000	16 533 000	13 594 000	16 099 000
Other Income	291 000	0	−141 000	0
Revenue	18 751 000	16 534 000	13 453 000	16 099 000
Cost of Goods Sold	9 324 000	8 784 000	6 966 000	8 865 000
Salary Costs	3 914 000	3 079 000	2 788 000	3 677 000
Depreciation	179 000	64 000	12 000	25 000
Impairment	0	0	0	0
Expenditure	16 483 000	14 674 000	12 110 000	15 207 000
Operating Profit	2 268 000	1 859 000	1 343 000	892 000
Financial Income	6 000	2 000	3 000	4 000
Financial Costs	32 000	33 000	20 000	23 000
Financial Balance	−26 000	−31 000	−17 000	−19 000
Dividends	1 000 000	1 400 000	950 000	0
Net Income	1 749 000	1 426 000	1 034 000	676 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	175 000	241 000	0	0
Fixtures	523 000	434 000	69 000	41 000
Total Tangible Assets	698 000	675 000	69 000	41 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	698 000	675 000	69 000	41 000
Stock	3 050 000	2 854 000	2 535 000	2 131 000
Total Investments	0	0	0	0
Cash, Bank	2 051 000	1 708 000	631 000	1 339 000
Total Current Assets	6 294 000	5 861 000	6 692 000	4 517 000
Total Assets	6 992 000	6 535 000	6 761 000	4 558 000
Total Equity	3 638 000	2 992 000	2 966 000	2 882 000
Short-Term Group Debt	132 000	0	0	32 000
Total Long-Term Debt	21 000	11 000	0	0
Creditors	752 000	902 000	1 614 000	620 000
Unpaid Taxes	619 000	420 000	491 000	497 000
Dividends	1 000 000	1 400 000	950 000	0
Other Current Debt	376 000	418 000	449 000	332 000
Total Current Debt	3 333 000	3 532 000	3 795 000	1 676 000
Total Equity and Debt	6 992 000	6 535 000	6 761 000	4 558 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,08 %	47,66 %	34,86 %	23,46 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	12,1 %	11,24 %	9,98 %	5,54 %
Current Ratio	1,89	1,66	1,76	2,7
Quick Ratio	22,24	8,64	5,31	−9,93
Equity Ratio	0,52	0,46	0,44	0,63
Gross Profit Margin	50,27 %	46,87 %	48,22 %	44,93 %