WESTCON TURBO AS

5582 ØLENSVÅG

Finances

Share Ownership

Return on Equity

95,82 %

Current Ratio

1,48

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 831 000	5 747 000	6 830 000	5 488 000
Net Income	1 652 000	54 000	700 000	497 000
Total Assets	5 412 000	3 623 000	3 394 000	2 759 000
Total Equity	1 724 000	1 272 000	2 169 000	1 669 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 831 000	5 747 000	6 830 000	5 488 000
Expenditure	6 654 000	5 665 000	5 949 000	4 804 000
Operating Profit	2 177 000	81 000	881 000	651 000
Financial Income	19 000	23 000	49 000	17 000
Financial Costs	77 000	36 000	33 000	30 000
Financial Balance	−58 000	−13 000	16 000	−13 000
Earnings Before Tax	2 119 000	69 000	897 000	637 000
Tax	467 000	15 000	198 000	140 000
Net Income	1 652 000	54 000	700 000	497 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	156 000	196 000	0	35 000
Total Current Assets	5 255 000	3 427 000	3 394 000	2 723 000
Total Assets	5 412 000	3 623 000	3 394 000	2 759 000
Total Retained Equity	1 669 000	1 217 000	2 114 000	1 614 000
Total Equity	1 724 000	1 272 000	2 169 000	1 669 000
Total Long-Term Debt	146 000	212 000	3 000	1 000
Total Current Debt	3 542 000	2 139 000	1 223 000	1 088 000
Total Equity and Debt	5 412 000	3 623 000	3 394 000	2 759 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 831 000	5 747 000	6 791 000	5 488 000
Other Income	0	0	39 000	0
Revenue	8 831 000	5 747 000	6 830 000	5 488 000
Cost of Goods Sold	4 828 000	3 588 000	4 234 000	3 078 000
Salary Costs	0	0	0	0
Depreciation	40 000	3 000	29 000	35 000
Impairment	0	2 074 000	0	0
Expenditure	6 654 000	5 665 000	5 949 000	4 804 000
Operating Profit	2 177 000	81 000	881 000	651 000
Financial Income	19 000	23 000	49 000	17 000
Financial Costs	77 000	36 000	33 000	30 000
Financial Balance	−58 000	−13 000	16 000	−13 000
Dividends	1 200 000	950 000	200 000	200 000
Net Income	1 652 000	54 000	700 000	497 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	156 000	196 000	0	35 000
Total Tangible Assets	156 000	196 000	0	35 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	156 000	196 000	0	35 000
Stock	583 000	522 000	441 000	611 000
Total Investments	0	0	0	0
Cash, Bank	2 199 000	1 200 000	2 613 000	955 000
Total Current Assets	5 255 000	3 427 000	3 394 000	2 723 000
Total Assets	5 412 000	3 623 000	3 394 000	2 759 000
Total Equity	1 724 000	1 272 000	2 169 000	1 669 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	146 000	212 000	3 000	1 000
Creditors	1 229 000	978 000	689 000	655 000
Unpaid Taxes	359 000	191 000	27 000	2 000
Dividends	1 200 000	950 000	200 000	200 000
Other Current Debt	285 000	10 000	110 000	86 000
Total Current Debt	3 542 000	2 139 000	1 223 000	1 088 000
Total Equity and Debt	5 412 000	3 623 000	3 394 000	2 759 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,82 %	4,25 %	32,27 %	29,78 %
Debt-to-Equity Ratio	0,08	0,17	0	0
Operating Profit Margin	24,65 %	1,41 %	12,9 %	11,86 %
Current Ratio	1,48	1,6	2,78	2,5
Quick Ratio	1,78	2,12	4,34	5,71
Equity Ratio	0,32	0,35	0,64	0,6
Gross Profit Margin	45,33 %	37,57 %	38,01 %	43,91 %