WESTCON LØFTETEKNIKK AS

5523 HAUGESUND

Finances

Return on Equity

15,04 %

Current Ratio

1,42

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	231 751 000	238 096 000	249 754 000	261 426 000
Net Income	7 146 000	9 613 000	10 409 000	13 452 000
Total Assets	113 587 000	109 095 000	104 811 000	105 946 000
Total Equity	47 521 000	47 729 000	46 636 000	47 369 000

Income (NOK)	2022	2021	2020	2019
Revenue	231 751 000	238 096 000	249 754 000	261 426 000
Expenditure	140 937 000	153 953 000	231 713 000	132 432 000
Operating Profit	9 409 000	12 412 000	14 028 000	17 673 000
Financial Income	912 000	836 000	980 000	496 000
Financial Costs	1 120 000	890 000	1 527 000	924 000
Financial Balance	−208 000	−54 000	−547 000	−428 000
Earnings Before Tax	9 201 000	12 359 000	13 481 000	17 246 000
Tax	2 054 000	2 746 000	3 072 000	3 795 000
Net Income	7 146 000	9 613 000	10 409 000	13 452 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 529 000	17 641 000	12 802 000	12 488 000
Total Current Assets	92 058 000	91 454 000	92 010 000	93 458 000
Total Assets	113 587 000	109 095 000	104 811 000	105 946 000
Total Retained Equity	24 740 000	24 949 000	23 856 000	26 361 000
Total Equity	47 521 000	47 729 000	46 636 000	47 369 000
Total Long-Term Debt	1 151 000	775 000	3 545 000	10 050 000
Total Current Debt	64 916 000	60 590 000	54 630 000	48 527 000
Total Equity and Debt	113 587 000	109 095 000	104 811 000	105 946 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	231 489 000	237 952 000	249 372 000	261 419 000
Other Income	262 000	144 000	382 000	7 000
Revenue	231 751 000	238 096 000	249 754 000	261 426 000
Cost of Goods Sold	−2 640 000	15 465 000	93 592 000	−2 502 000
Salary Costs	110 620 000	106 794 000	104 771 000	104 085 000
Depreciation	6 451 000	6 066 000	6 039 000	5 095 000
Impairment	0	0	0	0
Expenditure	140 937 000	153 953 000	231 713 000	132 432 000
Operating Profit	9 409 000	12 412 000	14 028 000	17 673 000
Financial Income	912 000	836 000	980 000	496 000
Financial Costs	1 120 000	890 000	1 527 000	924 000
Financial Balance	−208 000	−54 000	−547 000	−428 000
Dividends	332 000	0	0	0
Net Income	7 146 000	9 613 000	10 409 000	13 452 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 094 000	2 167 000	2 510 000	1 856 000
Real Eastate	519 000	1 092 000	636 000	506 000
Machinery and Plant Facilities	16 554 000	4 052 000	1 550 000	1 705 000
Fixtures	2 055 000	10 021 000	7 798 000	8 113 000
Total Tangible Assets	19 128 000	15 165 000	9 984 000	10 324 000
Total Fiancial Fixed Assets	308 000	308 000	308 000	308 000
Total Fixed Assets	21 529 000	17 641 000	12 802 000	12 488 000
Stock	16 859 000	18 155 000	17 280 000	15 526 000
Total Investments	0	0	0	0
Cash, Bank	24 412 000	26 916 000	30 435 000	14 527 000
Total Current Assets	92 058 000	91 454 000	92 010 000	93 458 000
Total Assets	113 587 000	109 095 000	104 811 000	105 946 000
Total Equity	47 521 000	47 729 000	46 636 000	47 369 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 151 000	775 000	3 545 000	10 050 000
Creditors	13 136 000	9 274 000	10 000 000	17 043 000
Unpaid Taxes	12 783 000	12 356 000	12 633 000	11 409 000
Dividends	332 000	0	0	0
Other Current Debt	38 997 000	38 959 000	31 997 000	20 075 000
Total Current Debt	64 916 000	60 590 000	54 630 000	48 527 000
Total Equity and Debt	113 587 000	109 095 000	104 811 000	105 946 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,04 %	20,14 %	22,32 %	28,4 %
Debt-to-Equity Ratio	0,02	0,02	0,08	0,21
Operating Profit Margin	4,06 %	5,21 %	5,62 %	6,76 %
Current Ratio	1,42	1,51	1,68	1,93
Quick Ratio	1,92	2,16	2,46	2,83
Equity Ratio	0,42	0,44	0,44	0,45
Gross Profit Margin	101,14 %	93,5 %	62,53 %	100,96 %