WESTRES KONDITORI AS

6155 ØRSTA

Finances

Share Ownership

Return on Equity

11,43 %

Current Ratio

1,92

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 869 000	17 040 000	15 107 000	17 466 000
Net Income	272 000	52 000	−288 000	18 000
Total Assets	4 420 000	5 040 000	4 842 000	4 821 000
Total Equity	2 379 000	2 987 000	2 935 000	3 223 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 869 000	17 040 000	15 107 000	17 466 000
Expenditure	19 573 000	16 947 000	15 472 000	17 479 000
Operating Profit	296 000	93 000	−366 000	−13 000
Financial Income	63 000	3 000	9 000	36 000
Financial Costs	3 000	17 000	12 000	0
Financial Balance	60 000	−14 000	−3 000	36 000
Earnings Before Tax	355 000	79 000	−369 000	22 000
Tax	83 000	26 000	−81 000	5 000
Net Income	272 000	52 000	−288 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	499 000	255 000	493 000	501 000
Total Current Assets	3 921 000	4 785 000	4 349 000	4 320 000
Total Assets	4 420 000	5 040 000	4 842 000	4 821 000
Total Retained Equity	279 000	187 000	135 000	423 000
Total Equity	2 379 000	2 987 000	2 935 000	3 223 000
Total Long-Term Debt	0	352 000	446 000	0
Total Current Debt	2 041 000	1 701 000	1 461 000	1 598 000
Total Equity and Debt	4 420 000	5 040 000	4 842 000	4 821 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 869 000	17 040 000	15 107 000	17 466 000
Other Income	0	0	0	0
Revenue	19 869 000	17 040 000	15 107 000	17 466 000
Cost of Goods Sold	11 300 000	9 393 000	8 306 000	9 734 000
Salary Costs	5 021 000	4 518 000	4 071 000	4 682 000
Depreciation	99 000	211 000	239 000	264 000
Impairment	0	0	0	0
Expenditure	19 573 000	16 947 000	15 472 000	17 479 000
Operating Profit	296 000	93 000	−366 000	−13 000
Financial Income	63 000	3 000	9 000	36 000
Financial Costs	3 000	17 000	12 000	0
Financial Balance	60 000	−14 000	−3 000	36 000
Dividends	0	0	0	0
Net Income	272 000	52 000	−288 000	18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	44 000	103 000	130 000	72 000
Real Eastate	0	0	130 000	279 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	455 000	152 000	233 000	151 000
Total Tangible Assets	455 000	152 000	363 000	430 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	499 000	255 000	493 000	501 000
Stock	374 000	237 000	219 000	223 000
Total Investments	0	0	0	0
Cash, Bank	3 447 000	4 499 000	3 946 000	3 906 000
Total Current Assets	3 921 000	4 785 000	4 349 000	4 320 000
Total Assets	4 420 000	5 040 000	4 842 000	4 821 000
Total Equity	2 379 000	2 987 000	2 935 000	3 223 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	352 000	446 000	0
Creditors	961 000	587 000	473 000	525 000
Unpaid Taxes	454 000	540 000	479 000	498 000
Dividends	0	0	0	0
Other Current Debt	603 000	574 000	509 000	575 000
Total Current Debt	2 041 000	1 701 000	1 461 000	1 598 000
Total Equity and Debt	4 420 000	5 040 000	4 842 000	4 821 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,43 %	1,74 %	−9,81 %	0,56 %
Debt-to-Equity Ratio	0	0,12	0,15	0
Operating Profit Margin	1,49 %	0,55 %	−2,42 %	−0,07 %
Current Ratio	1,92	2,81	2,98	2,7
Quick Ratio	2,35	3,27	3,5	3,14
Equity Ratio	0,54	0,59	0,61	0,67
Gross Profit Margin	43,13 %	44,88 %	45,02 %	44,27 %