WESTRA ENGINEERING AS

1357 BEKKESTUA

Finances

Share Ownership

Return on Equity

92,42 %

Current Ratio

2,39

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 186 000	1 014 000	1 137 000	773 000
Net Income	622 000	−198 000	64 000	0
Total Assets	1 206 000	107 000	456 000	481 000
Total Equity	673 000	50 000	248 000	184 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 186 000	1 014 000	1 137 000	773 000
Expenditure	1 438 000	1 212 000	1 055 000	773 000
Operating Profit	747 000	−198 000	82 000	0
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	747 000	−198 000	82 000	0
Tax	125 000	0	18 000	0
Net Income	622 000	−198 000	64 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	57 000	85 000	146 000
Total Current Assets	1 173 000	50 000	371 000	335 000
Total Assets	1 206 000	107 000	456 000	481 000
Total Retained Equity	573 000	−50 000	148 000	84 000
Total Equity	673 000	50 000	248 000	184 000
Total Long-Term Debt	44 000	0	0	0
Total Current Debt	490 000	57 000	208 000	297 000
Total Equity and Debt	1 206 000	107 000	456 000	481 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 186 000	1 014 000	1 137 000	773 000
Other Income	0	0	0	0
Revenue	2 186 000	1 014 000	1 137 000	773 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 209 000	987 000	803 000	565 000
Depreciation	18 000	27 000	34 000	34 000
Impairment	0	0	0	0
Expenditure	1 438 000	1 212 000	1 055 000	773 000
Operating Profit	747 000	−198 000	82 000	0
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	622 000	−198 000	64 000	0

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	0	0	0	0
Fixtures	16 000	34 000	61 000	95 000
Total Tangible Assets	16 000	34 000	61 000	95 000
Total Fiancial Fixed Assets	17 000	23 000	23 000	51 000
Total Fixed Assets	33 000	57 000	85 000	146 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	938 000	31 000	87 000	196 000
Total Current Assets	1 173 000	50 000	371 000	335 000
Total Assets	1 206 000	107 000	456 000	481 000
Total Equity	673 000	50 000	248 000	184 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	44 000	0	0	0
Creditors	20 000	18 000	17 000	14 000
Unpaid Taxes	238 000	39 000	144 000	153 000
Dividends	0	0	0	0
Other Current Debt	108 000	0	28 000	130 000
Total Current Debt	490 000	57 000	208 000	297 000
Total Equity and Debt	1 206 000	107 000	456 000	481 000

Financial indicators	2022	2021	2020	2019
Return on Equity	92,42 %	−396 %	25,81 %	0 %
Debt-to-Equity Ratio	0,07	0	0	0
Operating Profit Margin	34,17 %	−19,53 %	7,21 %	0 %
Current Ratio	2,39	0,88	1,78	1,13
Quick Ratio	2,39	0,88	1,78	1,13
Equity Ratio	0,56	0,47	0,54	0,38
Gross Profit Margin	100 %	100 %	100 %	100 %