GEIR WESTBERG AS

9980 BERLEVÅG

Finances

Share Ownership

Return on Equity

24,53 %

Current Ratio

2,25

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 177 000	1 787 000	1 560 000	1 378 000
Net Income	395 000	−16 000	−20 000	82 000
Total Assets	2 613 000	1 868 000	2 084 000	2 136 000
Total Equity	1 610 000	1 215 000	1 231 000	1 311 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 177 000	1 787 000	1 560 000	1 378 000
Expenditure	2 690 000	1 801 000	1 578 000	1 336 000
Operating Profit	487 000	−15 000	−17 000	42 000
Financial Income	28 000	3 000	5 000	7 000
Financial Costs	8 000	9 000	13 000	19 000
Financial Balance	20 000	−6 000	−8 000	−12 000
Earnings Before Tax	507 000	−21 000	−26 000	30 000
Tax	112 000	−4 000	−6 000	−52 000
Net Income	395 000	−16 000	−20 000	82 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	829 000	961 000	1 051 000	1 213 000
Total Current Assets	1 784 000	907 000	1 033 000	922 000
Total Assets	2 613 000	1 868 000	2 084 000	2 136 000
Total Retained Equity	1 018 000	622 000	639 000	719 000
Total Equity	1 610 000	1 215 000	1 231 000	1 311 000
Total Long-Term Debt	211 000	320 000	430 000	539 000
Total Current Debt	792 000	333 000	423 000	285 000
Total Equity and Debt	2 613 000	1 868 000	2 084 000	2 136 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 273 000	1 841 000	1 604 000	1 398 000
Other Income	−96 000	−54 000	−44 000	−19 000
Revenue	3 177 000	1 787 000	1 560 000	1 378 000
Cost of Goods Sold	26 000	29 000	15 000	20 000
Salary Costs	2 064 000	1 182 000	1 003 000	871 000
Depreciation	148 000	164 000	181 000	194 000
Impairment	0	0	0	0
Expenditure	2 690 000	1 801 000	1 578 000	1 336 000
Operating Profit	487 000	−15 000	−17 000	42 000
Financial Income	28 000	3 000	5 000	7 000
Financial Costs	8 000	9 000	13 000	19 000
Financial Balance	20 000	−6 000	−8 000	−12 000
Dividends	0	0	0	0
Net Income	395 000	−16 000	−20 000	82 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	651 000	635 000	619 000	601 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	23 000	38 000	60 000	92 000
Fixtures	47 000	69 000	33 000	64 000
Total Tangible Assets	178 000	326 000	432 000	612 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	829 000	961 000	1 051 000	1 213 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 749 000	873 000	999 000	897 000
Total Current Assets	1 784 000	907 000	1 033 000	922 000
Total Assets	2 613 000	1 868 000	2 084 000	2 136 000
Total Equity	1 610 000	1 215 000	1 231 000	1 311 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	211 000	320 000	430 000	539 000
Creditors	26 000	62 000	28 000	26 000
Unpaid Taxes	335 000	245 000	358 000	261 000
Dividends	0	0	0	0
Other Current Debt	304 000	14 000	24 000	34 000
Total Current Debt	792 000	333 000	423 000	285 000
Total Equity and Debt	2 613 000	1 868 000	2 084 000	2 136 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,53 %	−1,32 %	−1,62 %	6,25 %
Debt-to-Equity Ratio	0,13	0,26	0,35	0,41
Operating Profit Margin	15,33 %	−0,84 %	−1,09 %	3,05 %
Current Ratio	2,25	2,72	2,44	3,24
Quick Ratio	2,25	2,72	2,44	3,24
Equity Ratio	0,62	0,65	0,59	0,61
Gross Profit Margin	99,18 %	98,38 %	99,04 %	98,55 %