WESTMATIC AS

0680 OSLO

Finances

Share Ownership

Return on Equity

−97,29 %

Current Ratio

1,71

Debt-to-Equity Ratio

−4,8

Key figures (NOK)	2023	2021	2020	2019
Revenue	2 741 000	0	0	0
Net Income	467 000	0	−23 000	−81 000
Total Assets	4 325 000	25 000	25 000	69 000
Total Equity	−480 000	−26 000	−26 000	−3 000

Income (NOK)	2023	2020	2019
Revenue	2 741 000	0	0
Expenditure	2 247 000	22 000	81 000
Operating Profit	494 000	−22 000	−81 000
Financial Income	0	0	0
Financial Costs	27 000	0	0
Financial Balance	−27 000	0	0
Earnings Before Tax	467 000	−23 000	−81 000
Tax	0	0	0
Net Income	467 000	−23 000	−81 000

Balance (NOK)	2023	2021	2020	2019
Total Fixed Assets	35 000	0	0	0
Total Current Assets	4 290 000	25 000	25 000	69 000
Total Assets	4 325 000	25 000	25 000	69 000
Total Retained Equity	−570 000	−116 000	−116 000	−93 000
Total Equity	−480 000	−26 000	−26 000	−3 000
Total Long-Term Debt	2 303 000	0	0	0
Total Current Debt	2 502 000	51 000	51 000	72 000
Total Equity and Debt	4 325 000	25 000	25 000	69 000

Cash flow (NOK)	2023	2020	2019
Sales Income	2 741 000	0	0
Other Income	0	0	0
Revenue	2 741 000	0	0
Cost of Goods Sold	1 124 000	0	0
Salary Costs	610 000	0	0
Depreciation	2 000	0	0
Impairment	0	0	0
Expenditure	2 247 000	22 000	81 000
Operating Profit	494 000	−22 000	−81 000
Financial Income	0	0	0
Financial Costs	27 000	0	0
Financial Balance	−27 000	0	0
Dividends	0	0	0
Net Income	467 000	−23 000	−81 000

Balance details (NOK)	2023	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	35 000	0	0	0
Total Tangible Assets	35 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	35 000	0	0	0
Stock	235 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 227 000	25 000	25 000	53 000
Total Current Assets	4 290 000	25 000	25 000	69 000
Total Assets	4 325 000	25 000	25 000	69 000
Total Equity	−480 000	−26 000	−26 000	−3 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 303 000	0	0	0
Creditors	1 528 000	51 000	51 000	72 000
Unpaid Taxes	698 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	276 000	0	0	0
Total Current Debt	2 502 000	51 000	51 000	72 000
Total Equity and Debt	4 325 000	25 000	25 000	69 000

Financial indicators	2023	2021	2020	2019
Return on Equity	−97,29 %	−0 %	88,46 %	2 700 %
Debt-to-Equity Ratio	−4,8	−0	−0	−0
Operating Profit Margin	18,02 %	-	-	-
Current Ratio	1,71	0,49	0,49	0,96
Quick Ratio	1,89	0,49	0,49	0,96
Equity Ratio	−0,11	−1,04	−1,04	−0,04
Gross Profit Margin	58,99 %	-	-	-