WESTVIK EIENDOM AS

4846 ARENDAL

Finances

Share Ownership

Return on Equity

−0,95 %

Current Ratio

6,48

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 000	26 000	27 000	58 000
Net Income	−3 000	−16 000	−13 000	−71 000
Total Assets	354 000	350 000	376 000	419 000
Total Equity	315 000	317 000	333 000	346 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 000	26 000	27 000	58 000
Expenditure	63 000	45 000	40 000	129 000
Operating Profit	−3 000	−19 000	−14 000	−72 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	−3 000	−18 000	−13 000	−71 000
Tax	0	−2 000	0	0
Net Income	−3 000	−16 000	−13 000	−71 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	96 000	110 000	113 000	116 000
Total Current Assets	259 000	240 000	263 000	303 000
Total Assets	354 000	350 000	376 000	419 000
Total Retained Equity	215 000	217 000	233 000	246 000
Total Equity	315 000	317 000	333 000	346 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	40 000	33 000	43 000	73 000
Total Equity and Debt	354 000	350 000	376 000	419 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 000	26 000	27 000	58 000
Other Income	0	0	0	0
Revenue	60 000	26 000	27 000	58 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	−5 000	51 000
Depreciation	15 000	3 000	3 000	3 000
Impairment	0	0	0	0
Expenditure	63 000	45 000	40 000	129 000
Operating Profit	−3 000	−19 000	−14 000	−72 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	50 000
Net Income	−3 000	−16 000	−13 000	−71 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	96 000	110 000	113 000	116 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	96 000	110 000	113 000	116 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	96 000	110 000	113 000	116 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	250 000	236 000	263 000	303 000
Total Current Assets	259 000	240 000	263 000	303 000
Total Assets	354 000	350 000	376 000	419 000
Total Equity	315 000	317 000	333 000	346 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	2 000
Unpaid Taxes	9 000	2 000	1 000	2 000
Dividends	0	0	0	50 000
Other Current Debt	30 000	31 000	41 000	19 000
Total Current Debt	40 000	33 000	43 000	73 000
Total Equity and Debt	354 000	350 000	376 000	419 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,95 %	−5,05 %	−3,9 %	−20,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5 %	−73,08 %	−51,85 %	−124,14 %
Current Ratio	6,48	7,27	6,12	4,15
Quick Ratio	6,48	7,27	6,12	4,15
Equity Ratio	0,89	0,91	0,89	0,83
Gross Profit Margin	100 %	100 %	100 %	100 %