WESTCON GEO AS

6003 ÅLESUND

Finances

Return on Equity

14,05 %

Current Ratio

1,24

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	377 672 000	258 282 000	157 771 000	342 631 000
Net Income	32 773 000	−13 593 000	−644 000	−277 000
Total Assets	388 901 000	390 323 000	484 960 000	385 874 000
Total Equity	233 298 000	214 680 000	233 497 000	250 876 000

Income (NOK)	2022	2021	2020	2019
Revenue	377 672 000	258 282 000	157 771 000	342 631 000
Expenditure	357 314 000	299 422 000	178 702 000	343 019 000
Operating Profit	20 358 000	−41 140 000	−20 931 000	−388 000
Financial Income	4 998 000	8 940 000	28 800 000	14 823 000
Financial Costs	6 686 000	10 005 000	24 847 000	14 974 000
Financial Balance	−1 688 000	−1 065 000	3 953 000	−151 000
Earnings Before Tax	18 669 000	−42 204 000	−16 978 000	−539 000
Tax	−14 103 000	−28 611 000	−16 333 000	−262 000
Net Income	32 773 000	−13 593 000	−644 000	−277 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	272 123 000	294 397 000	290 036 000	227 769 000
Total Current Assets	116 779 000	95 926 000	194 924 000	158 105 000
Total Assets	388 901 000	390 323 000	484 960 000	385 874 000
Total Retained Equity	−421 117 000	−389 553 000	−269 247 000	−192 539 000
Total Equity	233 298 000	214 680 000	233 497 000	250 876 000
Total Long-Term Debt	61 331 000	83 293 000	114 726 000	26 344 000
Total Current Debt	94 272 000	92 350 000	136 736 000	108 654 000
Total Equity and Debt	388 901 000	390 323 000	484 960 000	385 874 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	347 796 000	232 580 000	146 830 000	314 535 000
Other Income	29 876 000	25 702 000	10 941 000	28 097 000
Revenue	377 672 000	258 282 000	157 771 000	342 631 000
Cost of Goods Sold	46 609 000	75 519 000	35 261 000	72 715 000
Salary Costs	151 712 000	78 026 000	65 527 000	112 666 000
Depreciation	32 299 000	43 938 000	27 041 000	49 710 000
Impairment	−10 000 000	0	0	6 000 000
Expenditure	357 314 000	299 422 000	178 702 000	343 019 000
Operating Profit	20 358 000	−41 140 000	−20 931 000	−388 000
Financial Income	4 998 000	8 940 000	28 800 000	14 823 000
Financial Costs	6 686 000	10 005 000	24 847 000	14 974 000
Financial Balance	−1 688 000	−1 065 000	3 953 000	−151 000
Dividends	0	0	0	0
Net Income	32 773 000	−13 593 000	−644 000	−277 000

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	50 162 000	61 407 000	1 505 000	3 101 000
Total Tangible Assets	269 999 000	292 298 000	287 961 000	225 743 000
Total Fiancial Fixed Assets	2 124 000	2 098 000	2 075 000	2 026 000
Total Fixed Assets	272 123 000	294 397 000	290 036 000	227 769 000
Stock	13 319 000	11 612 000	9 319 000	11 567 000
Total Investments	0	0	0	0
Cash, Bank	29 918 000	25 551 000	70 103 000	65 619 000
Total Current Assets	116 779 000	95 926 000	194 924 000	158 105 000
Total Assets	388 901 000	390 323 000	484 960 000	385 874 000
Total Equity	233 298 000	214 680 000	233 497 000	250 876 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	61 331 000	83 293 000	114 726 000	26 344 000
Creditors	24 683 000	40 241 000	21 285 000	62 377 000
Unpaid Taxes	4 555 000	2 743 000	3 539 000	4 475 000
Dividends	0	0	0	0
Other Current Debt	65 020 000	49 350 000	111 894 000	41 779 000
Total Current Debt	94 272 000	92 350 000	136 736 000	108 654 000
Total Equity and Debt	388 901 000	390 323 000	484 960 000	385 874 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,05 %	−6,33 %	−0,28 %	−0,11 %
Debt-to-Equity Ratio	0,26	0,39	0,49	0,11
Operating Profit Margin	5,39 %	−15,93 %	−13,27 %	−0,11 %
Current Ratio	1,24	1,04	1,43	1,46
Quick Ratio	1,44	1,19	1,53	1,63
Equity Ratio	0,6	0,55	0,48	0,65
Gross Profit Margin	87,66 %	70,76 %	77,65 %	78,78 %