WORKHAND AS

1081 OSLO

Finances

Share Ownership

Return on Equity

−1,68 %

Current Ratio

2,15

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 942 000	68 546 000	65 784 000	61 554 000
Net Income	−248 000	5 929 000	5 512 000	3 379 000
Total Assets	27 691 000	34 454 000	31 635 000	30 182 000
Total Equity	14 744 000	14 992 000	13 764 000	12 752 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 942 000	68 546 000	65 784 000	61 554 000
Expenditure	42 790 000	60 755 000	58 786 000	56 968 000
Operating Profit	152 000	7 791 000	6 997 000	4 586 000
Financial Income	674 000	1 009 000	3 061 000	1 272 000
Financial Costs	1 145 000	1 196 000	3 004 000	1 512 000
Financial Balance	−471 000	−187 000	57 000	−240 000
Earnings Before Tax	−319 000	7 604 000	7 054 000	4 346 000
Tax	−70 000	1 675 000	1 542 000	967 000
Net Income	−248 000	5 929 000	5 512 000	3 379 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 183 000	1 478 000	970 000	1 217 000
Total Current Assets	25 508 000	32 976 000	30 665 000	28 965 000
Total Assets	27 691 000	34 454 000	31 635 000	30 182 000
Total Retained Equity	14 574 000	14 822 000	13 594 000	12 582 000
Total Equity	14 744 000	14 992 000	13 764 000	12 752 000
Total Long-Term Debt	1 073 000	554 000	258 000	612 000
Total Current Debt	11 874 000	18 907 000	17 613 000	16 819 000
Total Equity and Debt	27 691 000	34 454 000	31 635 000	30 182 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 942 000	68 374 000	65 760 000	61 389 000
Other Income	0	172 000	24 000	165 000
Revenue	42 942 000	68 546 000	65 784 000	61 554 000
Cost of Goods Sold	28 985 000	47 073 000	45 571 000	43 747 000
Salary Costs	6 171 000	6 600 000	5 950 000	5 382 000
Depreciation	458 000	189 000	260 000	603 000
Impairment	0	0	0	0
Expenditure	42 790 000	60 755 000	58 786 000	56 968 000
Operating Profit	152 000	7 791 000	6 997 000	4 586 000
Financial Income	674 000	1 009 000	3 061 000	1 272 000
Financial Costs	1 145 000	1 196 000	3 004 000	1 512 000
Financial Balance	−471 000	−187 000	57 000	−240 000
Dividends	0	4 700 000	4 500 000	3 000 000
Net Income	−248 000	5 929 000	5 512 000	3 379 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	42 000	0	13 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 094 000	1 431 000	911 000	1 171 000
Total Tangible Assets	2 094 000	1 431 000	911 000	1 171 000
Total Fiancial Fixed Assets	47 000	47 000	47 000	47 000
Total Fixed Assets	2 183 000	1 478 000	970 000	1 217 000
Stock	18 571 000	24 245 000	20 717 000	18 761 000
Total Investments	0	0	0	0
Cash, Bank	1 125 000	3 341 000	3 617 000	1 967 000
Total Current Assets	25 508 000	32 976 000	30 665 000	28 965 000
Total Assets	27 691 000	34 454 000	31 635 000	30 182 000
Total Equity	14 744 000	14 992 000	13 764 000	12 752 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 073 000	554 000	258 000	612 000
Creditors	2 009 000	4 521 000	6 068 000	8 380 000
Unpaid Taxes	1 856 000	2 279 000	2 465 000	2 804 000
Dividends	0	4 700 000	4 500 000	3 000 000
Other Current Debt	8 009 000	5 773 000	2 949 000	1 660 000
Total Current Debt	11 874 000	18 907 000	17 613 000	16 819 000
Total Equity and Debt	27 691 000	34 454 000	31 635 000	30 182 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,68 %	39,55 %	40,05 %	26,5 %
Debt-to-Equity Ratio	0,07	0,04	0,02	0,05
Operating Profit Margin	0,35 %	11,37 %	10,64 %	7,45 %
Current Ratio	2,15	1,74	1,74	1,72
Quick Ratio	−3,81	−6,18	−9,88	−14,92
Equity Ratio	0,53	0,44	0,44	0,42
Gross Profit Margin	32,5 %	31,33 %	30,73 %	28,93 %