WESTBYTUNET AS

9040 NORDKJOSBOTN

Finances

Share Ownership

Return on Equity

114,43 %

Current Ratio

1,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 823 000	1 193 000	1 260 000	1 395 000
Net Income	341 000	−5 000	8 000	137 000
Total Assets	583 000	298 000	122 000	189 000
Total Equity	298 000	−44 000	−39 000	−47 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 823 000	1 193 000	1 260 000	1 395 000
Expenditure	1 365 000	1 160 000	1 224 000	1 230 000
Operating Profit	458 000	34 000	37 000	165 000
Financial Income	0	0	0	0
Financial Costs	23 000	28 000	28 000	29 000
Financial Balance	−23 000	−28 000	−28 000	−29 000
Earnings Before Tax	434 000	5 000	8 000	137 000
Tax	93 000	10 000	0	0
Net Income	341 000	−5 000	8 000	137 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	2 000	22 000	46 000
Total Current Assets	554 000	296 000	100 000	142 000
Total Assets	583 000	298 000	122 000	189 000
Total Retained Equity	198 000	−144 000	−139 000	−147 000
Total Equity	298 000	−44 000	−39 000	−47 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	285 000	341 000	161 000	236 000
Total Equity and Debt	583 000	298 000	122 000	189 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	971 000	1 022 000	950 000	1 053 000
Other Income	852 000	171 000	310 000	342 000
Revenue	1 823 000	1 193 000	1 260 000	1 395 000
Cost of Goods Sold	76 000	127 000	70 000	60 000
Salary Costs	31 000	21 000	84 000	176 000
Depreciation	2 000	21 000	24 000	38 000
Impairment	0	0	0	0
Expenditure	1 365 000	1 160 000	1 224 000	1 230 000
Operating Profit	458 000	34 000	37 000	165 000
Financial Income	0	0	0	0
Financial Costs	23 000	28 000	28 000	29 000
Financial Balance	−23 000	−28 000	−28 000	−29 000
Dividends	0	0	0	0
Net Income	341 000	−5 000	8 000	137 000

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	29 000	2 000	22 000	46 000
Total Tangible Assets	29 000	2 000	22 000	46 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 000	2 000	22 000	46 000
Stock	68 000	42 000	55 000	105 000
Total Investments	0	0	0	0
Cash, Bank	5 000	77 000	15 000	28 000
Total Current Assets	554 000	296 000	100 000	142 000
Total Assets	583 000	298 000	122 000	189 000
Total Equity	298 000	−44 000	−39 000	−47 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	23 000	86 000	1 000	15 000
Unpaid Taxes	11 000	11 000	2 000	13 000
Dividends	0	0	0	0
Other Current Debt	4 000	90 000	5 000	56 000
Total Current Debt	285 000	341 000	161 000	236 000
Total Equity and Debt	583 000	298 000	122 000	189 000

Financial indicators	2022	2021	2020	2019
Return on Equity	114,43 %	11,36 %	−20,51 %	−291,49 %
Debt-to-Equity Ratio	0	−0	−0	−0
Operating Profit Margin	25,12 %	2,85 %	2,94 %	11,83 %
Current Ratio	1,94	0,87	0,62	0,6
Quick Ratio	2,55	0,99	0,94	1,08
Equity Ratio	0,51	−0,15	−0,32	−0,25
Gross Profit Margin	95,83 %	89,35 %	94,44 %	95,7 %