WESTRUM AS

2323 INGEBERG

Finances

Share Ownership

Return on Equity

−107,05 %

Current Ratio

1,02

Debt-to-Equity Ratio

1,9

Key figures (NOK)	2022	2021	2020	2019
Revenue	61 245 000	44 903 000	49 641 000	48 885 000
Net Income	−1 048 000	−2 296 000	−554 000	−691 000
Total Assets	18 505 000	16 485 000	14 467 000	14 256 000
Total Equity	979 000	2 027 000	4 323 000	4 877 000

Income (NOK)	2022	2021	2020	2019
Revenue	61 245 000	44 903 000	49 641 000	48 885 000
Expenditure	62 271 000	47 748 000	50 317 000	49 719 000
Operating Profit	−1 026 000	−2 845 000	−676 000	−834 000
Financial Income	5 000	4 000	11 000	9 000
Financial Costs	321 000	103 000	45 000	59 000
Financial Balance	−316 000	−99 000	−34 000	−50 000
Earnings Before Tax	−1 342 000	−2 944 000	−709 000	−884 000
Tax	−294 000	−648 000	−156 000	−193 000
Net Income	−1 048 000	−2 296 000	−554 000	−691 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 473 000	2 311 000	1 806 000	1 593 000
Total Current Assets	16 032 000	14 174 000	12 661 000	12 663 000
Total Assets	18 505 000	16 485 000	14 467 000	14 256 000
Total Retained Equity	−335 000	712 000	3 009 000	3 562 000
Total Equity	979 000	2 027 000	4 323 000	4 877 000
Total Long-Term Debt	1 857 000	0	0	0
Total Current Debt	15 669 000	14 458 000	10 144 000	9 379 000
Total Equity and Debt	18 505 000	16 485 000	14 467 000	14 256 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	61 245 000	44 892 000	49 653 000	48 675 000
Other Income	0	11 000	−12 000	210 000
Revenue	61 245 000	44 903 000	49 641 000	48 885 000
Cost of Goods Sold	46 074 000	32 195 000	37 351 000	35 051 000
Salary Costs	10 993 000	11 391 000	9 249 000	10 171 000
Depreciation	208 000	208 000	207 000	193 000
Impairment	0	0	0	0
Expenditure	62 271 000	47 748 000	50 317 000	49 719 000
Operating Profit	−1 026 000	−2 845 000	−676 000	−834 000
Financial Income	5 000	4 000	11 000	9 000
Financial Costs	321 000	103 000	45 000	59 000
Financial Balance	−316 000	−99 000	−34 000	−50 000
Dividends	0	0	0	0
Net Income	−1 048 000	−2 296 000	−554 000	−691 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 727 000	1 433 000	785 000	629 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	456 000	588 000	731 000	673 000
Total Tangible Assets	456 000	588 000	731 000	673 000
Total Fiancial Fixed Assets	290 000	290 000	290 000	290 000
Total Fixed Assets	2 473 000	2 311 000	1 806 000	1 593 000
Stock	6 810 000	6 304 000	4 462 000	3 213 000
Total Investments	0	0	0	0
Cash, Bank	386 000	526 000	3 671 000	4 712 000
Total Current Assets	16 032 000	14 174 000	12 661 000	12 663 000
Total Assets	18 505 000	16 485 000	14 467 000	14 256 000
Total Equity	979 000	2 027 000	4 323 000	4 877 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 857 000	0	0	0
Creditors	8 752 000	6 228 000	5 995 000	4 559 000
Unpaid Taxes	2 477 000	2 500 000	2 433 000	1 959 000
Dividends	0	0	0	0
Other Current Debt	1 978 000	2 306 000	1 717 000	2 861 000
Total Current Debt	15 669 000	14 458 000	10 144 000	9 379 000
Total Equity and Debt	18 505 000	16 485 000	14 467 000	14 256 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−107,05 %	−113,27 %	−12,82 %	−14,17 %
Debt-to-Equity Ratio	1,9	0	0	0
Operating Profit Margin	−1,68 %	−6,34 %	−1,36 %	−1,71 %
Current Ratio	1,02	0,98	1,25	1,35
Quick Ratio	1,81	1,74	2,23	2,05
Equity Ratio	0,05	0,12	0,3	0,34
Gross Profit Margin	24,77 %	28,3 %	24,76 %	28,3 %