TORALF WESTERMOEN AS

4515 MANDAL

Finances

Return on Equity

−25 %

Current Ratio

1,26

Debt-to-Equity Ratio

0,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 292 000	1 422 000	1 425 000	1 428 000
Net Income	−60 000	14 000	17 000	−119 000
Total Assets	521 000	575 000	585 000	581 000
Total Equity	240 000	300 000	286 000	269 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 292 000	1 422 000	1 425 000	1 428 000
Expenditure	1 328 000	1 389 000	1 385 000	1 529 000
Operating Profit	−36 000	34 000	41 000	−100 000
Financial Income	0	0	0	0
Financial Costs	24 000	20 000	23 000	19 000
Financial Balance	−24 000	−20 000	−23 000	−19 000
Earnings Before Tax	−60 000	14 000	17 000	−119 000
Tax	0	0	0	0
Net Income	−60 000	14 000	17 000	−119 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	325 000	381 000	437 000	348 000
Total Current Assets	197 000	194 000	148 000	234 000
Total Assets	521 000	575 000	585 000	581 000
Total Retained Equity	140 000	200 000	186 000	169 000
Total Equity	240 000	300 000	286 000	269 000
Total Long-Term Debt	126 000	175 000	223 000	240 000
Total Current Debt	156 000	100 000	76 000	72 000
Total Equity and Debt	521 000	575 000	585 000	581 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 292 000	1 422 000	1 322 000	1 428 000
Other Income	0	0	104 000	0
Revenue	1 292 000	1 422 000	1 425 000	1 428 000
Cost of Goods Sold	0	0	0	0
Salary Costs	745 000	781 000	641 000	812 000
Depreciation	56 000	56 000	67 000	90 000
Impairment	0	0	0	0
Expenditure	1 328 000	1 389 000	1 385 000	1 529 000
Operating Profit	−36 000	34 000	41 000	−100 000
Financial Income	0	0	0	0
Financial Costs	24 000	20 000	23 000	19 000
Financial Balance	−24 000	−20 000	−23 000	−19 000
Dividends	0	0	0	0
Net Income	−60 000	14 000	17 000	−119 000

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	126 000	182 000	238 000	225 000
Total Tangible Assets	126 000	182 000	238 000	225 000
Total Fiancial Fixed Assets	198 000	198 000	198 000	123 000
Total Fixed Assets	325 000	381 000	437 000	348 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	34 000	36 000	38 000	56 000
Total Current Assets	197 000	194 000	148 000	234 000
Total Assets	521 000	575 000	585 000	581 000
Total Equity	240 000	300 000	286 000	269 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	126 000	175 000	223 000	240 000
Creditors	12 000	11 000	17 000	9 000
Unpaid Taxes	50 000	51 000	55 000	64 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	156 000	100 000	76 000	72 000
Total Equity and Debt	521 000	575 000	585 000	581 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−25 %	4,67 %	5,94 %	−44,24 %
Debt-to-Equity Ratio	0,53	0,58	0,78	0,89
Operating Profit Margin	−2,79 %	2,39 %	2,88 %	−7 %
Current Ratio	1,26	1,94	1,95	3,25
Quick Ratio	1,26	1,94	1,95	3,25
Equity Ratio	0,46	0,52	0,49	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %