WEWORK NORWAY AS

0161 OSLO

Finances

Share Ownership

Return on Equity

12,76 %

Current Ratio

0,58

Debt-to-Equity Ratio

−1,1

Key figures (NOK)	2021	2020	2019	2018
Revenue	22 508 000	7 684 000	136 000	0
Net Income	−20 825 000	−127 083 000	−15 548 000	0
Total Assets	44 945 000	28 625 000	60 292 000	30 000
Total Equity	−163 155 000	−142 522 000	−15 502 000	30 000

Income (NOK)	2021	2020	2019
Revenue	22 508 000	7 684 000	136 000
Expenditure	40 858 000	128 387 000	19 776 000
Operating Profit	−18 349 000	−120 704 000	−19 639 000
Financial Income	0	0	0
Financial Costs	2 476 000	1 994 000	294 000
Financial Balance	−2 476 000	−1 994 000	−294 000
Earnings Before Tax	−20 825 000	−122 698 000	−19 934 000
Tax	0	4 385 000	−4 385 000
Net Income	−20 825 000	−127 083 000	−15 548 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	28 561 000	20 177 000	54 477 000	0
Total Current Assets	16 384 000	8 448 000	5 814 000	30 000
Total Assets	44 945 000	28 625 000	60 292 000	30 000
Total Retained Equity	−163 457 000	−142 631 000	−15 548 000	0
Total Equity	−163 155 000	−142 522 000	−15 502 000	30 000
Total Long-Term Debt	179 784 000	152 912 000	34 288 000	0
Total Current Debt	28 316 000	18 234 000	41 506 000	0
Total Equity and Debt	44 945 000	28 625 000	60 292 000	30 000

Cash flow (NOK)	2021	2020	2019
Sales Income	22 508 000	7 684 000	136 000
Other Income	0	0	0
Revenue	22 508 000	7 684 000	136 000
Cost of Goods Sold	0	0	0
Salary Costs	5 398 000	7 160 000	5 971 000
Depreciation	4 842 000	1 991 000	377 000
Impairment	105 000	70 254 000	0
Expenditure	40 858 000	128 387 000	19 776 000
Operating Profit	−18 349 000	−120 704 000	−19 639 000
Financial Income	0	0	0
Financial Costs	2 476 000	1 994 000	294 000
Financial Balance	−2 476 000	−1 994 000	−294 000
Dividends	0	0	0
Net Income	−20 825 000	−127 083 000	−15 548 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	4 385 000	0
Real Eastate	16 583 000	11 413 000	44 579 000	0
Machinery and Plant Facilities	9 585 000	8 764 000	5 513 000	0
Fixtures	0	0	0	0
Total Tangible Assets	28 544 000	20 177 000	50 092 000	0
Total Fiancial Fixed Assets	16 000	0	0	0
Total Fixed Assets	28 561 000	20 177 000	54 477 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	10 226 000	6 191 000	1 732 000	30 000
Total Current Assets	16 384 000	8 448 000	5 814 000	30 000
Total Assets	44 945 000	28 625 000	60 292 000	30 000
Total Equity	−163 155 000	−142 522 000	−15 502 000	30 000
Short-Term Group Debt	10 220 000	7 530 000	2 504 000	0
Total Long-Term Debt	179 784 000	152 912 000	34 288 000	0
Creditors	340 000	406 000	2 015 000	0
Unpaid Taxes	1 619 000	453 000	577 000	0
Dividends	0	0	0	0
Other Current Debt	16 137 000	9 846 000	36 410 000	0
Total Current Debt	28 316 000	18 234 000	41 506 000	0
Total Equity and Debt	44 945 000	28 625 000	60 292 000	30 000

Financial indicators	2021	2020	2019	2018
Return on Equity	12,76 %	89,17 %	100,3 %	0 %
Debt-to-Equity Ratio	−1,1	−1,07	−2,21	0
Operating Profit Margin	−81,52 %	−1 570,85 %	−14 440,44 %	-
Current Ratio	0,58	0,46	0,14	-
Quick Ratio	0,58	0,46	0,14	-
Equity Ratio	−3,63	−4,98	−0,26	1
Gross Profit Margin	100 %	100 %	100 %	-