WESTRENG EIENDOM AS

1960 LØKEN

Finances

Share Ownership

Return on Equity

13,45 %

Current Ratio

0,9

Debt-to-Equity Ratio

2,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	517 000	723 000	349 000	555 000
Net Income	138 000	325 000	51 000	169 000
Total Assets	3 985 000	4 126 000	3 903 000	3 936 000
Total Equity	1 026 000	1 118 000	1 066 000	1 099 000

Income (NOK)	2022	2021	2020	2019
Revenue	517 000	723 000	349 000	555 000
Expenditure	198 000	194 000	164 000	150 000
Operating Profit	318 000	529 000	185 000	405 000
Financial Income	0	0	0	0
Financial Costs	142 000	113 000	120 000	187 000
Financial Balance	−142 000	−113 000	−120 000	−187 000
Earnings Before Tax	177 000	417 000	65 000	218 000
Tax	39 000	92 000	14 000	49 000
Net Income	138 000	325 000	51 000	169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 544 000	3 620 000	3 772 000	3 763 000
Total Current Assets	441 000	506 000	131 000	173 000
Total Assets	3 985 000	4 126 000	3 903 000	3 936 000
Total Retained Equity	916 000	1 008 000	956 000	989 000
Total Equity	1 026 000	1 118 000	1 066 000	1 099 000
Total Long-Term Debt	2 468 000	2 550 000	2 595 000	2 660 000
Total Current Debt	492 000	457 000	242 000	177 000
Total Equity and Debt	3 985 000	4 126 000	3 903 000	3 936 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	517 000	723 000	349 000	555 000
Revenue	517 000	723 000	349 000	555 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	95 000	93 000	76 000	78 000
Impairment	0	0	0	0
Expenditure	198 000	194 000	164 000	150 000
Operating Profit	318 000	529 000	185 000	405 000
Financial Income	0	0	0	0
Financial Costs	142 000	113 000	120 000	187 000
Financial Balance	−142 000	−113 000	−120 000	−187 000
Dividends	0	0	0	0
Net Income	138 000	325 000	51 000	169 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 527 000	3 620 000	3 712 000	3 589 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	0	0	0
Total Tangible Assets	3 544 000	3 620 000	3 712 000	3 589 000
Total Fiancial Fixed Assets	0	0	60 000	174 000
Total Fixed Assets	3 544 000	3 620 000	3 772 000	3 763 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	441 000	500 000	84 000	68 000
Total Current Assets	441 000	506 000	131 000	173 000
Total Assets	3 985 000	4 126 000	3 903 000	3 936 000
Total Equity	1 026 000	1 118 000	1 066 000	1 099 000
Short-Term Group Debt	296 000	349 000	107 000	0
Total Long-Term Debt	2 468 000	2 550 000	2 595 000	2 660 000
Creditors	6 000	14 000	56 000	9 000
Unpaid Taxes	70 000	90 000	16 000	105 000
Dividends	0	0	0	0
Other Current Debt	121 000	4 000	63 000	19 000
Total Current Debt	492 000	457 000	242 000	177 000
Total Equity and Debt	3 985 000	4 126 000	3 903 000	3 936 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,45 %	29,07 %	4,78 %	15,38 %
Debt-to-Equity Ratio	2,41	2,28	2,43	2,42
Operating Profit Margin	61,51 %	73,17 %	53,01 %	72,97 %
Current Ratio	0,9	1,11	0,54	0,98
Quick Ratio	0,9	1,11	0,54	0,98
Equity Ratio	0,26	0,27	0,27	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %