C-WORKS AS

0661 OSLO

Finances

Share Ownership

Return on Equity

13,79 %

Current Ratio

2,7

Debt-to-Equity Ratio

2,33

Key figures (NOK)	2022	2021	2020	2019
Revenue	178 000	70 000	5 000	52 000
Net Income	8 000	13 000	7 000	−42 000
Total Assets	258 000	281 000	178 000	194 000
Total Equity	58 000	50 000	38 000	31 000

Income (NOK)	2022	2021	2020	2019
Revenue	178 000	70 000	5 000	52 000
Expenditure	169 000	53 000	−7 000	121 000
Operating Profit	10 000	16 000	12 000	−69 000
Financial Income	0	0	0	0
Financial Costs	0	0	3 000	0
Financial Balance	0	0	−3 000	0
Earnings Before Tax	10 000	16 000	9 000	−69 000
Tax	2 000	4 000	2 000	−26 000
Net Income	8 000	13 000	7 000	−42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 000	103 000	0	0
Total Current Assets	178 000	178 000	178 000	194 000
Total Assets	258 000	281 000	178 000	194 000
Total Retained Equity	−96 000	−103 000	−116 000	−123 000
Total Equity	58 000	50 000	38 000	31 000
Total Long-Term Debt	135 000	136 000	108 000	128 000
Total Current Debt	66 000	95 000	33 000	36 000
Total Equity and Debt	258 000	281 000	178 000	194 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	178 000	70 000	5 000	52 000
Other Income	0	0	0	0
Revenue	178 000	70 000	5 000	52 000
Cost of Goods Sold	106 000	33 000	−15 000	103 000
Salary Costs	0	0	0	0
Depreciation	23 000	10 000	0	0
Impairment	0	0	0	0
Expenditure	169 000	53 000	−7 000	121 000
Operating Profit	10 000	16 000	12 000	−69 000
Financial Income	0	0	0	0
Financial Costs	0	0	3 000	0
Financial Balance	0	0	−3 000	0
Dividends	0	0	0	0
Net Income	8 000	13 000	7 000	−42 000

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	80 000	103 000	0	0
Total Tangible Assets	80 000	103 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	80 000	103 000	0	0
Stock	168 000	126 000	126 000	0
Total Investments	0	0	0	0
Cash, Bank	6 000	11 000	34 000	6 000
Total Current Assets	178 000	178 000	178 000	194 000
Total Assets	258 000	281 000	178 000	194 000
Total Equity	58 000	50 000	38 000	31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	135 000	136 000	108 000	128 000
Creditors	62 000	94 000	31 000	35 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	66 000	95 000	33 000	36 000
Total Equity and Debt	258 000	281 000	178 000	194 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,79 %	26 %	18,42 %	−135,48 %
Debt-to-Equity Ratio	2,33	2,72	2,84	4,13
Operating Profit Margin	5,62 %	22,86 %	240 %	−132,69 %
Current Ratio	2,7	1,87	5,39	5,39
Quick Ratio	−1,75	−5,74	−1,91	5,39
Equity Ratio	0,22	0,18	0,21	0,16
Gross Profit Margin	40,45 %	52,86 %	400 %	−98,08 %