SOFTWORK AS

4868 SELÅSVATN

Finances

Share Ownership

Return on Equity

−16,96 %

Current Ratio

2,66

Debt-to-Equity Ratio

−1,71

Key figures (NOK)	2022	2021	2020	2019
Revenue	129 000	72 000	295 000	552 000
Net Income	58 000	−17 000	−85 000	−121 000
Total Assets	386 000	471 000	563 000	869 000
Total Equity	−342 000	−400 000	−383 000	−298 000

Income (NOK)	2022	2021	2020	2019
Revenue	129 000	72 000	295 000	552 000
Expenditure	29 000	53 000	343 000	647 000
Operating Profit	100 000	19 000	−48 000	−94 000
Financial Income	0	0	0	0
Financial Costs	42 000	36 000	37 000	27 000
Financial Balance	−42 000	−36 000	−37 000	−27 000
Earnings Before Tax	58 000	−17 000	−85 000	−121 000
Tax	0	0	0	0
Net Income	58 000	−17 000	−85 000	−121 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	43 000	54 000	67 000
Total Current Assets	386 000	428 000	510 000	802 000
Total Assets	386 000	471 000	563 000	869 000
Total Retained Equity	−672 000	−730 000	−713 000	−628 000
Total Equity	−342 000	−400 000	−383 000	−298 000
Total Long-Term Debt	584 000	646 000	735 000	764 000
Total Current Debt	145 000	225 000	211 000	403 000
Total Equity and Debt	386 000	471 000	563 000	869 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 000	12 000	181 000	152 000
Other Income	120 000	60 000	114 000	400 000
Revenue	129 000	72 000	295 000	552 000
Cost of Goods Sold	0	4 000	173 000	198 000
Salary Costs	0	−15 000	21 000	40 000
Depreciation	0	11 000	13 000	17 000
Impairment	0	0	0	0
Expenditure	29 000	53 000	343 000	647 000
Operating Profit	100 000	19 000	−48 000	−94 000
Financial Income	0	0	0	0
Financial Costs	42 000	36 000	37 000	27 000
Financial Balance	−42 000	−36 000	−37 000	−27 000
Dividends	0	0	0	0
Net Income	58 000	−17 000	−85 000	−121 000

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	0	43 000	54 000	67 000
Total Tangible Assets	0	43 000	54 000	67 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	43 000	54 000	67 000
Stock	369 000	369 000	373 000	546 000
Total Investments	0	0	0	0
Cash, Bank	14 000	45 000	132 000	155 000
Total Current Assets	386 000	428 000	510 000	802 000
Total Assets	386 000	471 000	563 000	869 000
Total Equity	−342 000	−400 000	−383 000	−298 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	584 000	646 000	735 000	764 000
Creditors	0	140 000	139 000	149 000
Unpaid Taxes	29 000	0	21 000	99 000
Dividends	0	0	0	0
Other Current Debt	116 000	85 000	51 000	154 000
Total Current Debt	145 000	225 000	211 000	403 000
Total Equity and Debt	386 000	471 000	563 000	869 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,96 %	4,25 %	22,19 %	40,6 %
Debt-to-Equity Ratio	−1,71	−1,62	−1,92	−2,56
Operating Profit Margin	77,52 %	26,39 %	−16,27 %	−17,03 %
Current Ratio	2,66	1,9	2,42	1,99
Quick Ratio	−1,72	−2,97	−3,15	−5,61
Equity Ratio	−0,89	−0,85	−0,68	−0,34
Gross Profit Margin	100 %	94,44 %	41,36 %	64,13 %