WESTHOR AS

3181 HORTEN

Finances

Return on Equity

3,77 %

Current Ratio

7,78

Debt-to-Equity Ratio

0,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	513 000	376 000	386 000	354 000
Net Income	30 000	517 000	−512 000	609 000
Total Assets	1 548 000	1 737 000	1 293 000	2 688 000
Total Equity	796 000	767 000	250 000	762 000

Income (NOK)	2022	2021	2020	2019
Revenue	513 000	376 000	386 000	354 000
Expenditure	782 000	920 000	893 000	1 321 000
Operating Profit	−268 000	−545 000	−507 000	−966 000
Financial Income	297 000	1 062 000	0	1 587 000
Financial Costs	0	0	5 000	17 000
Financial Balance	297 000	1 062 000	−5 000	1 570 000
Earnings Before Tax	30 000	517 000	−512 000	603 000
Tax	0	0	0	−7 000
Net Income	30 000	517 000	−512 000	609 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	972 000	1 268 000	352 000	559 000
Total Current Assets	576 000	469 000	941 000	2 129 000
Total Assets	1 548 000	1 737 000	1 293 000	2 688 000
Total Retained Equity	690 000	661 000	144 000	656 000
Total Equity	796 000	767 000	250 000	762 000
Total Long-Term Debt	678 000	848 000	848 000	1 798 000
Total Current Debt	74 000	123 000	196 000	128 000
Total Equity and Debt	1 548 000	1 737 000	1 293 000	2 688 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	471 000	376 000	386 000	354 000
Other Income	42 000	0	0	0
Revenue	513 000	376 000	386 000	354 000
Cost of Goods Sold	0	0	0	0
Salary Costs	341 000	435 000	439 000	146 000
Depreciation	12 000	71 000	71 000	71 000
Impairment	0	0	0	0
Expenditure	782 000	920 000	893 000	1 321 000
Operating Profit	−268 000	−545 000	−507 000	−966 000
Financial Income	297 000	1 062 000	0	1 587 000
Financial Costs	0	0	5 000	17 000
Financial Balance	297 000	1 062 000	−5 000	1 570 000
Dividends	0	0	0	0
Net Income	30 000	517 000	−512 000	609 000

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	37 000	101 000	172 000	243 000
Total Tangible Assets	37 000	101 000	172 000	243 000
Total Fiancial Fixed Assets	935 000	1 168 000	181 000	316 000
Total Fixed Assets	972 000	1 268 000	352 000	559 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	463 000	193 000	598 000	938 000
Total Current Assets	576 000	469 000	941 000	2 129 000
Total Assets	1 548 000	1 737 000	1 293 000	2 688 000
Total Equity	796 000	767 000	250 000	762 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	678 000	848 000	848 000	1 798 000
Creditors	9 000	4 000	4 000	4 000
Unpaid Taxes	14 000	60 000	137 000	27 000
Dividends	0	0	0	0
Other Current Debt	51 000	59 000	55 000	98 000
Total Current Debt	74 000	123 000	196 000	128 000
Total Equity and Debt	1 548 000	1 737 000	1 293 000	2 688 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,77 %	67,41 %	−204,8 %	79,92 %
Debt-to-Equity Ratio	0,85	1,11	3,39	2,36
Operating Profit Margin	−52,24 %	−144,95 %	−131,35 %	−272,88 %
Current Ratio	7,78	3,81	4,8	16,63
Quick Ratio	7,78	3,81	4,8	16,63
Equity Ratio	0,51	0,44	0,19	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %