WESTRE HOLDING AS

6005 ÅLESUND

Finances

Return on Equity

13,91 %

Current Ratio

5,15

Debt-to-Equity Ratio

0,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	13 913 000
Net Income	19 257 000	5 630 000	6 326 000	13 636 000
Total Assets	287 042 000	284 303 000	270 680 000	227 409 000
Total Equity	138 432 000	131 373 000	131 894 000	97 257 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	13 913 000
Expenditure	247 000	277 000	266 000	21 901 000
Operating Profit	−247 000	−277 000	−266 000	−7 987 000
Financial Income	25 500 000	10 377 000	10 851 000	23 312 000
Financial Costs	4 813 000	3 300 000	3 117 000	3 976 000
Financial Balance	20 687 000	7 077 000	7 734 000	19 336 000
Earnings Before Tax	20 441 000	6 800 000	7 468 000	11 349 000
Tax	1 184 000	1 171 000	1 142 000	−2 287 000
Net Income	19 257 000	5 630 000	6 326 000	13 636 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	155 445 000	152 976 000	141 671 000	113 399 000
Total Current Assets	131 597 000	131 327 000	129 009 000	114 010 000
Total Assets	287 042 000	284 303 000	270 680 000	227 409 000
Total Retained Equity	132 332 000	125 273 000	125 794 000	91 157 000
Total Equity	138 432 000	131 373 000	131 894 000	97 257 000
Total Long-Term Debt	123 039 000	126 502 000	108 693 000	109 782 000
Total Current Debt	25 570 000	26 428 000	30 094 000	20 370 000
Total Equity and Debt	287 042 000	284 303 000	270 680 000	227 409 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	10 022 000
Other Income	0	0	0	3 892 000
Revenue	0	0	0	13 913 000
Cost of Goods Sold	0	0	0	8 102 000
Salary Costs	0	0	0	7 513 000
Depreciation	0	0	0	528 000
Impairment	0	0	0	0
Expenditure	247 000	277 000	266 000	21 901 000
Operating Profit	−247 000	−277 000	−266 000	−7 987 000
Financial Income	25 500 000	10 377 000	10 851 000	23 312 000
Financial Costs	4 813 000	3 300 000	3 117 000	3 976 000
Financial Balance	20 687 000	7 077 000	7 734 000	19 336 000
Dividends	1 000 000	2 000 000	1 000 000	2 500 000
Net Income	19 257 000	5 630 000	6 326 000	13 636 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 694 000
Real Eastate	0	0	0	61 037 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	412 000
Total Tangible Assets	0	0	0	61 450 000
Total Fiancial Fixed Assets	155 445 000	152 976 000	141 671 000	49 256 000
Total Fixed Assets	155 445 000	152 976 000	141 671 000	113 399 000
Stock	0	0	0	87 363 000
Total Investments	0	0	0	0
Cash, Bank	11 001 000	19 038 000	23 449 000	26 238 000
Total Current Assets	131 597 000	131 327 000	129 009 000	114 010 000
Total Assets	287 042 000	284 303 000	270 680 000	227 409 000
Total Equity	138 432 000	131 373 000	131 894 000	97 257 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	123 039 000	126 502 000	108 693 000	109 782 000
Creditors	2 000	49 000	41 000	1 349 000
Unpaid Taxes	0	0	0	1 783 000
Dividends	1 000 000	2 000 000	1 000 000	2 500 000
Other Current Debt	24 569 000	24 379 000	29 053 000	1 853 000
Total Current Debt	25 570 000	26 428 000	30 094 000	20 370 000
Total Equity and Debt	287 042 000	284 303 000	270 680 000	227 409 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,91 %	4,29 %	4,8 %	14,02 %
Debt-to-Equity Ratio	0,89	0,96	0,82	1,13
Operating Profit Margin	-	-	-	−57,41 %
Current Ratio	5,15	4,97	4,29	5,6
Quick Ratio	5,15	4,97	4,29	−1,7
Equity Ratio	0,48	0,46	0,49	0,43
Gross Profit Margin	-	-	-	41,77 %