WESTCOAT AS

6065 ULSTEINVIK

Finances

Share Ownership

Return on Equity

0,08 %

Current Ratio

1,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 732 000	21 769 000	27 471 000	42 237 000
Net Income	2 000	−407 000	771 000	−1 489 000
Total Assets	4 869 000	5 400 000	5 446 000	5 389 000
Total Equity	2 566 000	2 560 000	2 967 000	2 196 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 732 000	21 769 000	27 471 000	42 237 000
Expenditure	14 749 000	22 616 000	25 384 000	44 163 000
Operating Profit	−17 000	−847 000	2 113 000	−1 925 000
Financial Income	29 000	342 000	20 000	36 000
Financial Costs	9 000	17 000	55 000	18 000
Financial Balance	20 000	325 000	−35 000	18 000
Earnings Before Tax	2 000	−522 000	2 079 000	−1 908 000
Tax	1 000	−115 000	219 000	−419 000
Net Income	2 000	−407 000	771 000	−1 489 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 034 000	1 373 000	1 346 000	1 634 000
Total Current Assets	3 835 000	4 027 000	4 100 000	3 755 000
Total Assets	4 869 000	5 400 000	5 446 000	5 389 000
Total Retained Equity	1 502 000	1 496 000	1 903 000	1 132 000
Total Equity	2 566 000	2 560 000	2 967 000	2 196 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 303 000	2 840 000	2 478 000	3 193 000
Total Equity and Debt	4 869 000	5 400 000	5 446 000	5 389 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 702 000	21 496 000	27 160 000	41 396 000
Other Income	30 000	273 000	311 000	841 000
Revenue	14 732 000	21 769 000	27 471 000	42 237 000
Cost of Goods Sold	476 000	15 633 000	16 573 000	34 670 000
Salary Costs	10 666 000	2 209 000	2 255 000	2 528 000
Depreciation	99 000	73 000	80 000	92 000
Impairment	0	0	0	0
Expenditure	14 749 000	22 616 000	25 384 000	44 163 000
Operating Profit	−17 000	−847 000	2 113 000	−1 925 000
Financial Income	29 000	342 000	20 000	36 000
Financial Costs	9 000	17 000	55 000	18 000
Financial Balance	20 000	325 000	−35 000	18 000
Dividends	0	0	0	0
Net Income	2 000	−407 000	771 000	−1 489 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	573 000	577 000	462 000	681 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	249 000	63 000
Fixtures	449 000	370 000	195 000	435 000
Total Tangible Assets	449 000	370 000	444 000	499 000
Total Fiancial Fixed Assets	12 000	426 000	440 000	454 000
Total Fixed Assets	1 034 000	1 373 000	1 346 000	1 634 000
Stock	0	0	0	11 000
Total Investments	0	0	0	0
Cash, Bank	1 550 000	802 000	3 156 000	148 000
Total Current Assets	3 835 000	4 027 000	4 100 000	3 755 000
Total Assets	4 869 000	5 400 000	5 446 000	5 389 000
Total Equity	2 566 000	2 560 000	2 967 000	2 196 000
Short-Term Group Debt	26 000	242 000	223 000	434 000
Total Long-Term Debt	0	0	0	0
Creditors	98 000	1 522 000	159 000	1 369 000
Unpaid Taxes	779 000	558 000	871 000	1 157 000
Dividends	0	0	0	0
Other Current Debt	1 401 000	518 000	250 000	233 000
Total Current Debt	2 303 000	2 840 000	2 478 000	3 193 000
Total Equity and Debt	4 869 000	5 400 000	5 446 000	5 389 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,08 %	−15,9 %	25,99 %	−67,81 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,12 %	−3,89 %	7,69 %	−4,56 %
Current Ratio	1,67	1,42	1,65	1,18
Quick Ratio	1,67	1,42	1,65	1,18
Equity Ratio	0,53	0,47	0,54	0,41
Gross Profit Margin	96,77 %	28,19 %	39,67 %	17,92 %