WORKSHOP SERVICE AS

4006 STAVANGER

Finances

Return on Equity

22,4 %

Current Ratio

1 208

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	105 000	353 000	384 000	39 000
Net Income	1 365 000	2 459 000	875 000	795 000
Total Assets	9 248 000	8 183 000	6 695 000	6 597 000
Total Equity	6 095 000	4 731 000	2 271 000	1 396 000

Income (NOK)	2022	2021	2020	2019
Revenue	105 000	353 000	384 000	39 000
Expenditure	85 000	256 000	458 000	92 000
Operating Profit	20 000	97 000	−75 000	−53 000
Financial Income	1 517 000	2 550 000	1 100 000	900 000
Financial Costs	172 000	188 000	149 000	53 000
Financial Balance	1 345 000	2 362 000	951 000	847 000
Earnings Before Tax	1 365 000	2 459 000	875 000	795 000
Tax	0	0	0	0
Net Income	1 365 000	2 459 000	875 000	795 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 833 000	4 449 000	4 456 000	4 460 000
Total Current Assets	2 416 000	3 734 000	2 240 000	2 137 000
Total Assets	9 248 000	8 183 000	6 695 000	6 597 000
Total Retained Equity	5 995 000	4 631 000	2 171 000	1 296 000
Total Equity	6 095 000	4 731 000	2 271 000	1 396 000
Total Long-Term Debt	3 150 000	3 260 000	3 925 000	4 056 000
Total Current Debt	2 000	192 000	499 000	1 144 000
Total Equity and Debt	9 248 000	8 183 000	6 695 000	6 597 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	105 000	353 000	380 000	39 000
Other Income	0	0	4 000	0
Revenue	105 000	353 000	384 000	39 000
Cost of Goods Sold	0	0	267 000	0
Salary Costs	0	0	1 000	0
Depreciation	11 000	7 000	4 000	6 000
Impairment	0	0	0	0
Expenditure	85 000	256 000	458 000	92 000
Operating Profit	20 000	97 000	−75 000	−53 000
Financial Income	1 517 000	2 550 000	1 100 000	900 000
Financial Costs	172 000	188 000	149 000	53 000
Financial Balance	1 345 000	2 362 000	951 000	847 000
Dividends	0	0	0	0
Net Income	1 365 000	2 459 000	875 000	795 000

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	11 000	18 000	22 000
Total Tangible Assets	0	11 000	18 000	22 000
Total Fiancial Fixed Assets	6 833 000	4 438 000	4 438 000	4 438 000
Total Fixed Assets	6 833 000	4 449 000	4 456 000	4 460 000
Stock	0	0	0	24 000
Total Investments	3 000	0	0	0
Cash, Bank	1 533 000	434 000	113 000	86 000
Total Current Assets	2 416 000	3 734 000	2 240 000	2 137 000
Total Assets	9 248 000	8 183 000	6 695 000	6 597 000
Total Equity	6 095 000	4 731 000	2 271 000	1 396 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 150 000	3 260 000	3 925 000	4 056 000
Creditors	−3 000	2 000	2 000	29 000
Unpaid Taxes	0	−13 000	6 000	0
Dividends	0	0	0	0
Other Current Debt	5 000	203 000	490 000	1 116 000
Total Current Debt	2 000	192 000	499 000	1 144 000
Total Equity and Debt	9 248 000	8 183 000	6 695 000	6 597 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,4 %	51,98 %	38,53 %	56,95 %
Debt-to-Equity Ratio	0,52	0,69	1,73	2,91
Operating Profit Margin	19,05 %	27,48 %	−19,53 %	−135,9 %
Current Ratio	1 208	19,45	4,49	1,87
Quick Ratio	1 208	19,45	4,49	1,91
Equity Ratio	0,66	0,58	0,34	0,21
Gross Profit Margin	100 %	100 %	30,47 %	100 %