WEST GRUPPEN AS

5072 BERGEN

Finances

Share Ownership

Return on Equity

8,97 %

Current Ratio

1,15

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	61 566 000	78 211 000	52 643 000	1 747 000
Net Income	199 000	1 630 000	−697 000	1 266 000
Total Assets	16 498 000	21 473 000	17 975 000	2 810 000
Total Equity	2 219 000	2 020 000	391 000	2 161 000

Income (NOK)	2022	2021	2020	2019
Revenue	61 566 000	78 211 000	52 643 000	1 747 000
Expenditure	61 304 000	76 079 000	53 547 000	2 108 000
Operating Profit	263 000	2 132 000	−904 000	−361 000
Financial Income	5 000	1 000	4 000	2 036 000
Financial Costs	7 000	43 000	5 000	44 000
Financial Balance	−2 000	−42 000	−1 000	1 992 000
Earnings Before Tax	261 000	2 089 000	−905 000	1 631 000
Tax	62 000	460 000	−208 000	365 000
Net Income	199 000	1 630 000	−697 000	1 266 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	101 000	125 000	567 000	274 000
Total Current Assets	16 397 000	21 348 000	17 408 000	2 536 000
Total Assets	16 498 000	21 473 000	17 975 000	2 810 000
Total Retained Equity	−181 000	−380 000	−2 009 000	−239 000
Total Equity	2 219 000	2 020 000	391 000	2 161 000
Total Long-Term Debt	51 000	93 000	122 000	158 000
Total Current Debt	14 228 000	19 360 000	17 463 000	492 000
Total Equity and Debt	16 498 000	21 473 000	17 975 000	2 810 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	61 566 000	78 211 000	52 503 000	1 747 000
Other Income	0	0	140 000	0
Revenue	61 566 000	78 211 000	52 643 000	1 747 000
Cost of Goods Sold	2 661 000	1 867 000	1 721 000	0
Salary Costs	53 880 000	66 897 000	45 212 000	1 479 000
Depreciation	24 000	24 000	24 000	24 000
Impairment	0	0	0	0
Expenditure	61 304 000	76 079 000	53 547 000	2 108 000
Operating Profit	263 000	2 132 000	−904 000	−361 000
Financial Income	5 000	1 000	4 000	2 036 000
Financial Costs	7 000	43 000	5 000	44 000
Financial Balance	−2 000	−42 000	−1 000	1 992 000
Dividends	0	0	0	0
Net Income	199 000	1 630 000	−697 000	1 266 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	417 000	56 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	101 000	125 000	150 000	174 000
Total Tangible Assets	101 000	125 000	150 000	174 000
Total Fiancial Fixed Assets	0	0	0	45 000
Total Fixed Assets	101 000	125 000	567 000	274 000
Stock	109 000	95 000	84 000	0
Total Investments	0	0	0	0
Cash, Bank	5 342 000	7 082 000	1 248 000	58 000
Total Current Assets	16 397 000	21 348 000	17 408 000	2 536 000
Total Assets	16 498 000	21 473 000	17 975 000	2 810 000
Total Equity	2 219 000	2 020 000	391 000	2 161 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	51 000	93 000	122 000	158 000
Creditors	552 000	897 000	1 083 000	34 000
Unpaid Taxes	5 408 000	7 643 000	7 299 000	165 000
Dividends	0	0	0	0
Other Current Debt	8 204 000	10 787 000	8 567 000	292 000
Total Current Debt	14 228 000	19 360 000	17 463 000	492 000
Total Equity and Debt	16 498 000	21 473 000	17 975 000	2 810 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,97 %	80,69 %	−178,26 %	58,58 %
Debt-to-Equity Ratio	0,02	0,05	0,31	0,07
Operating Profit Margin	0,43 %	2,73 %	−1,72 %	−20,66 %
Current Ratio	1,15	1,1	1	5,15
Quick Ratio	1,16	1,11	1	5,15
Equity Ratio	0,13	0,09	0,02	0,77
Gross Profit Margin	95,68 %	97,61 %	96,73 %	100 %