FUNKWORKS AS

5414 STORD

Finances

Share Ownership

Return on Equity

−34,01 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 631 000	1 842 000	1 793 000	946 000
Net Income	−117 000	102 000	−185 000	7 000
Total Assets	736 000	612 000	884 000	1 155 000
Total Equity	344 000	460 000	358 000	543 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 631 000	1 842 000	1 793 000	946 000
Expenditure	1 739 000	1 736 000	1 971 000	930 000
Operating Profit	−107 000	107 000	−178 000	16 000
Financial Income	0	0	0	0
Financial Costs	10 000	5 000	10 000	6 000
Financial Balance	−10 000	−5 000	−10 000	−6 000
Earnings Before Tax	−117 000	102 000	−188 000	10 000
Tax	0	0	−3 000	3 000
Net Income	−117 000	102 000	−185 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	199 000	331 000	464 000	597 000
Total Current Assets	538 000	280 000	420 000	558 000
Total Assets	736 000	612 000	884 000	1 155 000
Total Retained Equity	−86 000	30 000	−72 000	113 000
Total Equity	344 000	460 000	358 000	543 000
Total Long-Term Debt	0	0	0	3 000
Total Current Debt	393 000	151 000	525 000	609 000
Total Equity and Debt	736 000	612 000	884 000	1 155 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 631 000	1 862 000	1 793 000	926 000
Other Income	0	−20 000	0	20 000
Revenue	1 631 000	1 842 000	1 793 000	946 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 352 000	1 428 000	1 405 000	624 000
Depreciation	133 000	133 000	133 000	66 000
Impairment	0	0	0	0
Expenditure	1 739 000	1 736 000	1 971 000	930 000
Operating Profit	−107 000	107 000	−178 000	16 000
Financial Income	0	0	0	0
Financial Costs	10 000	5 000	10 000	6 000
Financial Balance	−10 000	−5 000	−10 000	−6 000
Dividends	0	0	0	0
Net Income	−117 000	102 000	−185 000	7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	199 000	331 000	464 000	597 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	199 000	331 000	464 000	597 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	184 000	−15 000	286 000	0
Total Current Assets	538 000	280 000	420 000	558 000
Total Assets	736 000	612 000	884 000	1 155 000
Total Equity	344 000	460 000	358 000	543 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	3 000
Creditors	−89 000	−94 000	75 000	−18 000
Unpaid Taxes	209 000	121 000	152 000	256 000
Dividends	0	0	0	0
Other Current Debt	273 000	124 000	299 000	182 000
Total Current Debt	393 000	151 000	525 000	609 000
Total Equity and Debt	736 000	612 000	884 000	1 155 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−34,01 %	22,17 %	−51,68 %	1,29 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−6,56 %	5,81 %	−9,93 %	1,69 %
Current Ratio	1,37	1,85	0,8	0,92
Quick Ratio	1,37	1,85	0,8	0,92
Equity Ratio	0,47	0,75	0,4	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %