WERKSTA NORWAY AS

0661 OSLO

Finances

Share Ownership

Return on Equity

−33,24 %

Current Ratio

1,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	61 694 000	67 908 000	66 453 000	65 873 000
Net Income	−7 747 000	3 610 000	2 288 000	5 911 000
Total Assets	41 635 000	39 124 000	35 489 000	35 096 000
Total Equity	23 304 000	28 668 000	25 059 000	22 770 000

Income (NOK)	2022	2021	2020	2019
Revenue	61 694 000	67 908 000	66 453 000	65 873 000
Expenditure	71 676 000	63 209 000	63 435 000	58 301 000
Operating Profit	−9 982 000	4 700 000	3 018 000	7 571 000
Financial Income	0	2 000	19 000	31 000
Financial Costs	111 000	1 000	6 000	18 000
Financial Balance	−111 000	1 000	13 000	13 000
Earnings Before Tax	−10 093 000	4 700 000	3 031 000	7 585 000
Tax	−2 347 000	1 090 000	743 000	1 674 000
Net Income	−7 747 000	3 610 000	2 288 000	5 911 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 767 000	6 828 000	7 419 000	7 246 000
Total Current Assets	19 867 000	32 295 000	28 071 000	27 850 000
Total Assets	41 635 000	39 124 000	35 489 000	35 096 000
Total Retained Equity	20 322 000	28 068 000	24 459 000	22 170 000
Total Equity	23 304 000	28 668 000	25 059 000	22 770 000
Total Long-Term Debt	0	0	0	818 000
Total Current Debt	18 331 000	10 455 000	10 431 000	11 508 000
Total Equity and Debt	41 635 000	39 124 000	35 489 000	35 096 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	61 325 000	67 862 000	66 450 000	65 625 000
Other Income	369 000	46 000	3 000	248 000
Revenue	61 694 000	67 908 000	66 453 000	65 873 000
Cost of Goods Sold	28 313 000	26 706 000	28 112 000	29 114 000
Salary Costs	23 446 000	20 729 000	20 555 000	17 363 000
Depreciation	1 422 000	1 366 000	1 465 000	945 000
Impairment	0	0	0	0
Expenditure	71 676 000	63 209 000	63 435 000	58 301 000
Operating Profit	−9 982 000	4 700 000	3 018 000	7 571 000
Financial Income	0	2 000	19 000	31 000
Financial Costs	111 000	1 000	6 000	18 000
Financial Balance	−111 000	1 000	13 000	13 000
Dividends	0	0	0	0
Net Income	−7 747 000	3 610 000	2 288 000	5 911 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 675 000	0	0	0
Real Eastate	14 980 000	4 532 000	5 075 000	5 348 000
Machinery and Plant Facilities	0	0	123 000	0
Fixtures	5 112 000	2 297 000	2 220 000	1 899 000
Total Tangible Assets	20 093 000	6 828 000	7 419 000	7 246 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 767 000	6 828 000	7 419 000	7 246 000
Stock	2 536 000	3 148 000	2 657 000	4 267 000
Total Investments	0	0	0	0
Cash, Bank	2 099 000	20 864 000	18 778 000	15 818 000
Total Current Assets	19 867 000	32 295 000	28 071 000	27 850 000
Total Assets	41 635 000	39 124 000	35 489 000	35 096 000
Total Equity	23 304 000	28 668 000	25 059 000	22 770 000
Short-Term Group Debt	8 720 000	3 000	3 000	3 000
Total Long-Term Debt	0	0	0	818 000
Creditors	4 302 000	4 427 000	5 093 000	6 432 000
Unpaid Taxes	2 068 000	2 454 000	1 704 000	1 243 000
Dividends	0	0	0	0
Other Current Debt	3 242 000	2 480 000	2 798 000	2 311 000
Total Current Debt	18 331 000	10 455 000	10 431 000	11 508 000
Total Equity and Debt	41 635 000	39 124 000	35 489 000	35 096 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−33,24 %	12,59 %	9,13 %	25,96 %
Debt-to-Equity Ratio	0	0	0	0,04
Operating Profit Margin	−16,18 %	6,92 %	4,54 %	11,49 %
Current Ratio	1,08	3,09	2,69	2,42
Quick Ratio	1,26	4,42	3,61	3,85
Equity Ratio	0,56	0,73	0,71	0,65
Gross Profit Margin	54,11 %	60,67 %	57,7 %	55,8 %