WESTER HOLDING AS

7016 TRONDHEIM

Finances

Return on Equity

−17,68 %

Current Ratio

2,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	144 000	130 000	143 000	120 000
Net Income	−1 236 000	−1 110 000	2 599 000	−1 321 000
Total Assets	8 938 000	10 163 000	10 657 000	8 142 000
Total Equity	6 991 000	8 227 000	9 338 000	5 715 000

Income (NOK)	2022	2021	2020	2019
Revenue	144 000	130 000	143 000	120 000
Expenditure	285 000	269 000	215 000	371 000
Operating Profit	−141 000	−139 000	−72 000	−251 000
Financial Income	58 000	98 000	3 353 000	161 000
Financial Costs	1 156 000	1 089 000	693 000	1 272 000
Financial Balance	−1 098 000	−991 000	2 660 000	−1 111 000
Earnings Before Tax	−1 239 000	−1 131 000	2 588 000	−1 362 000
Tax	−2 000	−21 000	−11 000	−41 000
Net Income	−1 236 000	−1 110 000	2 599 000	−1 321 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 596 000	4 593 000	4 996 000	3 521 000
Total Current Assets	4 343 000	5 570 000	5 661 000	4 621 000
Total Assets	8 938 000	10 163 000	10 657 000	8 142 000
Total Retained Equity	5 492 000	6 728 000	7 838 000	4 216 000
Total Equity	6 991 000	8 227 000	9 338 000	5 715 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 947 000	1 936 000	1 319 000	2 427 000
Total Equity and Debt	8 938 000	10 163 000	10 657 000	8 142 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	144 000	130 000	143 000	120 000
Other Income	0	0	0	0
Revenue	144 000	130 000	143 000	120 000
Cost of Goods Sold	0	0	0	0
Salary Costs	31 000	12 000	22 000	6 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	285 000	269 000	215 000	371 000
Operating Profit	−141 000	−139 000	−72 000	−251 000
Financial Income	58 000	98 000	3 353 000	161 000
Financial Costs	1 156 000	1 089 000	693 000	1 272 000
Financial Balance	−1 098 000	−991 000	2 660 000	−1 111 000
Dividends	0	0	0	0
Net Income	−1 236 000	−1 110 000	2 599 000	−1 321 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	101 000	98 000	78 000	67 000
Real Eastate	2 500 000	2 500 000	2 500 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 500 000	2 500 000	2 500 000	0
Total Fiancial Fixed Assets	1 995 000	1 995 000	2 418 000	3 454 000
Total Fixed Assets	4 596 000	4 593 000	4 996 000	3 521 000
Stock	0	0	0	0
Total Investments	2 699 000	3 955 000	3 618 000	0
Cash, Bank	27 000	93 000	822 000	2 984 000
Total Current Assets	4 343 000	5 570 000	5 661 000	4 621 000
Total Assets	8 938 000	10 163 000	10 657 000	8 142 000
Total Equity	6 991 000	8 227 000	9 338 000	5 715 000
Short-Term Group Debt	460 000	460 000	430 000	788 000
Total Long-Term Debt	0	0	0	0
Creditors	17 000	10 000	−12 000	−27 000
Unpaid Taxes	7 000	11 000	13 000	1 000
Dividends	0	0	0	0
Other Current Debt	1 463 000	1 455 000	888 000	1 665 000
Total Current Debt	1 947 000	1 936 000	1 319 000	2 427 000
Total Equity and Debt	8 938 000	10 163 000	10 657 000	8 142 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,68 %	−13,49 %	27,83 %	−23,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−97,92 %	−106,92 %	−50,35 %	−209,17 %
Current Ratio	2,23	2,88	4,29	1,9
Quick Ratio	2,23	2,88	4,29	1,9
Equity Ratio	0,78	0,81	0,88	0,7
Gross Profit Margin	100 %	100 %	100 %	100 %