WEST INVESTMENT AS

6300 ÅNDALSNES

Finances

Return on Equity

−14,16 %

Current Ratio

0,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 000	108 000	108 000	27 000
Net Income	−978 000	1 600 000	71 000	271 000
Total Assets	11 437 000	13 239 000	6 093 000	6 152 000
Total Equity	6 908 000	13 085 000	5 938 000	5 976 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 000	108 000	108 000	27 000
Expenditure	196 000	230 000	138 000	133 000
Operating Profit	−76 000	−122 000	−30 000	−106 000
Financial Income	−904 000	1 716 000	95 000	362 000
Financial Costs	0	0	0	8 000
Financial Balance	−904 000	1 716 000	95 000	354 000
Earnings Before Tax	−980 000	1 594 000	65 000	248 000
Tax	−2 000	−6 000	−6 000	−23 000
Net Income	−978 000	1 600 000	71 000	271 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 761 000	12 546 000	6 030 000	5 897 000
Total Current Assets	676 000	693 000	63 000	256 000
Total Assets	11 437 000	13 239 000	6 093 000	6 152 000
Total Retained Equity	6 793 000	12 970 000	5 823 000	5 861 000
Total Equity	6 908 000	13 085 000	5 938 000	5 976 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 530 000	154 000	156 000	176 000
Total Equity and Debt	11 437 000	13 239 000	6 093 000	6 152 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	120 000	108 000	108 000	27 000
Revenue	120 000	108 000	108 000	27 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	196 000	230 000	138 000	133 000
Operating Profit	−76 000	−122 000	−30 000	−106 000
Financial Income	−904 000	1 716 000	95 000	362 000
Financial Costs	0	0	0	8 000
Financial Balance	−904 000	1 716 000	95 000	354 000
Dividends	4 500 000	150 000	110 000	100 000
Net Income	−978 000	1 600 000	71 000	271 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	155 000	142 000	130 000	124 000
Real Eastate	3 946 000	3 946 000	3 946 000	3 946 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 946 000	3 946 000	3 946 000	3 946 000
Total Fiancial Fixed Assets	6 660 000	8 458 000	1 954 000	1 827 000
Total Fixed Assets	10 761 000	12 546 000	6 030 000	5 897 000
Stock	0	0	0	0
Total Investments	344 000	344 000	0	0
Cash, Bank	333 000	294 000	58 000	251 000
Total Current Assets	676 000	693 000	63 000	256 000
Total Assets	11 437 000	13 239 000	6 093 000	6 152 000
Total Equity	6 908 000	13 085 000	5 938 000	5 976 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	4 000	7 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	4 500 000	150 000	110 000	100 000
Other Current Debt	24 000	0	38 000	73 000
Total Current Debt	4 530 000	154 000	156 000	176 000
Total Equity and Debt	11 437 000	13 239 000	6 093 000	6 152 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,16 %	12,23 %	1,2 %	4,53 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−63,33 %	−112,96 %	−27,78 %	−392,59 %
Current Ratio	0,15	4,5	0,4	1,45
Quick Ratio	0,15	4,5	0,4	1,45
Equity Ratio	0,6	0,99	0,97	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %