WESTERMOEN SYSTUE AS

4517 MANDAL

Finances

Share Ownership

Return on Equity

−326,47 %

Current Ratio

0,99

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	313 000	1 088 000	914 000	807 000
Net Income	−111 000	30 000	26 000	−1 000
Total Assets	271 000	499 000	421 000	372 000
Total Equity	34 000	145 000	114 000	89 000

Income (NOK)	2022	2021	2020	2019
Revenue	313 000	1 088 000	914 000	807 000
Expenditure	424 000	1 049 000	881 000	802 000
Operating Profit	−111 000	40 000	32 000	5 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	−111 000	40 000	32 000	5 000
Tax	0	9 000	7 000	6 000
Net Income	−111 000	30 000	26 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 000	55 000	25 000	17 000
Total Current Assets	234 000	445 000	396 000	355 000
Total Assets	271 000	499 000	421 000	372 000
Total Retained Equity	4 000	115 000	84 000	59 000
Total Equity	34 000	145 000	114 000	89 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	237 000	355 000	307 000	283 000
Total Equity and Debt	271 000	499 000	421 000	372 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	294 000	1 096 000	906 000	807 000
Other Income	19 000	−8 000	8 000	0
Revenue	313 000	1 088 000	914 000	807 000
Cost of Goods Sold	67 000	295 000	254 000	219 000
Salary Costs	152 000	515 000	378 000	365 000
Depreciation	17 000	19 000	16 000	34 000
Impairment	0	0	0	0
Expenditure	424 000	1 049 000	881 000	802 000
Operating Profit	−111 000	40 000	32 000	5 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	−111 000	30 000	26 000	−1 000

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	55 000	25 000	17 000
Total Tangible Assets	37 000	55 000	25 000	17 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	37 000	55 000	25 000	17 000
Stock	85 000	83 000	40 000	90 000
Total Investments	0	0	0	0
Cash, Bank	64 000	205 000	243 000	265 000
Total Current Assets	234 000	445 000	396 000	355 000
Total Assets	271 000	499 000	421 000	372 000
Total Equity	34 000	145 000	114 000	89 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	7 000	10 000	65 000	9 000
Unpaid Taxes	61 000	210 000	155 000	170 000
Dividends	0	0	0	0
Other Current Debt	170 000	126 000	80 000	98 000
Total Current Debt	237 000	355 000	307 000	283 000
Total Equity and Debt	271 000	499 000	421 000	372 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−326,47 %	20,69 %	22,81 %	−1,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−35,46 %	3,68 %	3,5 %	0,62 %
Current Ratio	0,99	1,25	1,29	1,25
Quick Ratio	1,54	1,64	1,48	1,84
Equity Ratio	0,13	0,29	0,27	0,24
Gross Profit Margin	78,59 %	72,89 %	72,21 %	72,86 %