THEWORKS AS

0461 OSLO

Finances

Share Ownership

Return on Equity

27,38 %

Current Ratio

2,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 057 000	4 668 000	4 519 000	4 596 000
Net Income	580 000	136 000	493 000	227 000
Total Assets	3 799 000	2 930 000	2 711 000	2 104 000
Total Equity	2 118 000	1 538 000	1 403 000	909 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 057 000	4 668 000	4 519 000	4 596 000
Expenditure	5 316 000	4 451 000	3 945 000	4 308 000
Operating Profit	741 000	217 000	575 000	289 000
Financial Income	21 000	26 000	47 000	42 000
Financial Costs	29 000	87 000	9 000	9 000
Financial Balance	−8 000	−61 000	38 000	33 000
Earnings Before Tax	734 000	156 000	613 000	322 000
Tax	153 000	20 000	120 000	95 000
Net Income	580 000	136 000	493 000	227 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	0	0	4 000
Total Current Assets	3 767 000	2 930 000	2 711 000	2 100 000
Total Assets	3 799 000	2 930 000	2 711 000	2 104 000
Total Retained Equity	2 088 000	1 508 000	1 373 000	879 000
Total Equity	2 118 000	1 538 000	1 403 000	909 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 681 000	1 391 000	1 308 000	1 194 000
Total Equity and Debt	3 799 000	2 930 000	2 711 000	2 104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 057 000	4 668 000	4 519 000	4 596 000
Other Income	0	0	0	0
Revenue	6 057 000	4 668 000	4 519 000	4 596 000
Cost of Goods Sold	2 950 000	2 305 000	2 066 000	2 043 000
Salary Costs	2 009 000	1 831 000	1 589 000	1 681 000
Depreciation	16 000	0	4 000	216 000
Impairment	0	0	0	0
Expenditure	5 316 000	4 451 000	3 945 000	4 308 000
Operating Profit	741 000	217 000	575 000	289 000
Financial Income	21 000	26 000	47 000	42 000
Financial Costs	29 000	87 000	9 000	9 000
Financial Balance	−8 000	−61 000	38 000	33 000
Dividends	0	0	0	0
Net Income	580 000	136 000	493 000	227 000

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	32 000	0	0	4 000
Total Tangible Assets	32 000	0	0	4 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 000	0	0	4 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 210 000	2 532 000	2 362 000	1 595 000
Total Current Assets	3 767 000	2 930 000	2 711 000	2 100 000
Total Assets	3 799 000	2 930 000	2 711 000	2 104 000
Total Equity	2 118 000	1 538 000	1 403 000	909 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	529 000	449 000	407 000	169 000
Unpaid Taxes	404 000	410 000	296 000	389 000
Dividends	0	0	0	0
Other Current Debt	594 000	228 000	197 000	542 000
Total Current Debt	1 681 000	1 391 000	1 308 000	1 194 000
Total Equity and Debt	3 799 000	2 930 000	2 711 000	2 104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,38 %	8,84 %	35,14 %	24,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,23 %	4,65 %	12,72 %	6,29 %
Current Ratio	2,24	2,11	2,07	1,76
Quick Ratio	2,24	2,11	2,07	1,76
Equity Ratio	0,56	0,52	0,52	0,43
Gross Profit Margin	51,3 %	50,62 %	54,28 %	55,55 %