WESTGAARD BIL AS

7032 TRONDHEIM

Finances

Return on Equity

20,29 %

Current Ratio

34,82

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 261 000	23 096 000	17 781 000	19 318 000
Net Income	6 406 000	1 228 000	1 299 000	1 360 000
Total Assets	49 536 000	43 318 000	40 995 000	40 106 000
Total Equity	31 566 000	25 160 000	23 932 000	22 633 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 261 000	23 096 000	17 781 000	19 318 000
Expenditure	29 748 000	21 209 000	16 157 000	18 266 000
Operating Profit	8 514 000	1 887 000	1 624 000	1 052 000
Financial Income	249 000	41 000	370 000	677 000
Financial Costs	549 000	353 000	412 000	121 000
Financial Balance	−300 000	−312 000	−42 000	556 000
Earnings Before Tax	8 214 000	1 575 000	1 581 000	1 608 000
Tax	1 808 000	346 000	282 000	248 000
Net Income	6 406 000	1 228 000	1 299 000	1 360 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 193 000	21 891 000	21 952 000	22 020 000
Total Current Assets	28 343 000	21 427 000	19 043 000	18 086 000
Total Assets	49 536 000	43 318 000	40 995 000	40 106 000
Total Retained Equity	29 566 000	23 160 000	21 932 000	20 633 000
Total Equity	31 566 000	25 160 000	23 932 000	22 633 000
Total Long-Term Debt	17 156 000	15 717 000	15 896 000	16 050 000
Total Current Debt	814 000	2 441 000	1 168 000	1 424 000
Total Equity and Debt	49 536 000	43 318 000	40 995 000	40 106 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 431 000	22 302 000	17 044 000	18 503 000
Other Income	7 830 000	795 000	737 000	815 000
Revenue	38 261 000	23 096 000	17 781 000	19 318 000
Cost of Goods Sold	27 964 000	19 656 000	14 949 000	16 635 000
Salary Costs	1 156 000	1 161 000	734 000	1 153 000
Depreciation	108 000	61 000	61 000	65 000
Impairment	0	0	0	0
Expenditure	29 748 000	21 209 000	16 157 000	18 266 000
Operating Profit	8 514 000	1 887 000	1 624 000	1 052 000
Financial Income	249 000	41 000	370 000	677 000
Financial Costs	549 000	353 000	412 000	121 000
Financial Balance	−300 000	−312 000	−42 000	556 000
Dividends	0	0	0	0
Net Income	6 406 000	1 228 000	1 299 000	1 360 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	7 000
Real Eastate	3 444 000	4 988 000	5 041 000	5 094 000
Machinery and Plant Facilities	49 000	53 000	61 000	69 000
Fixtures	854 000	4 000	4 000	4 000
Total Tangible Assets	4 346 000	5 045 000	5 106 000	5 167 000
Total Fiancial Fixed Assets	16 846 000	16 846 000	16 846 000	16 846 000
Total Fixed Assets	21 193 000	21 891 000	21 952 000	22 020 000
Stock	14 903 000	7 973 000	5 210 000	5 367 000
Total Investments	0	0	0	0
Cash, Bank	12 000 000	12 151 000	12 600 000	11 610 000
Total Current Assets	28 343 000	21 427 000	19 043 000	18 086 000
Total Assets	49 536 000	43 318 000	40 995 000	40 106 000
Total Equity	31 566 000	25 160 000	23 932 000	22 633 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 156 000	15 717 000	15 896 000	16 050 000
Creditors	56 000	1 517 000	96 000	132 000
Unpaid Taxes	60 000	135 000	383 000	287 000
Dividends	0	0	0	0
Other Current Debt	506 000	474 000	438 000	783 000
Total Current Debt	814 000	2 441 000	1 168 000	1 424 000
Total Equity and Debt	49 536 000	43 318 000	40 995 000	40 106 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,29 %	4,88 %	5,43 %	6,01 %
Debt-to-Equity Ratio	0,54	0,62	0,66	0,71
Operating Profit Margin	22,25 %	8,17 %	9,13 %	5,45 %
Current Ratio	34,82	8,78	16,3	12,7
Quick Ratio	−2,01	−3,87	−4,71	−4,59
Equity Ratio	0,64	0,58	0,58	0,56
Gross Profit Margin	26,91 %	14,89 %	15,93 %	13,89 %