WORKNORWAY GROUP AS

0166 OSLO

Finances

Share Ownership

Return on Equity

196,46 %

Current Ratio

1,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 436 000	13 784 000	8 990 000	21 247 000
Net Income	3 332 000	−432 000	−903 000	1 448 000
Total Assets	8 293 000	5 070 000	2 052 000	4 919 000
Total Equity	1 696 000	364 000	796 000	1 698 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 436 000	13 784 000	8 990 000	21 247 000
Expenditure	38 286 000	14 171 000	10 133 000	19 378 000
Operating Profit	4 150 000	−387 000	−1 143 000	1 869 000
Financial Income	62 000	0	5 000	5 000
Financial Costs	92 000	10 000	17 000	4 000
Financial Balance	−30 000	−10 000	−12 000	1 000
Earnings Before Tax	4 120 000	−397 000	−1 155 000	1 870 000
Tax	788 000	34 000	−252 000	422 000
Net Income	3 332 000	−432 000	−903 000	1 448 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	10 000	34 000	0
Total Current Assets	8 293 000	5 060 000	2 017 000	4 919 000
Total Assets	8 293 000	5 070 000	2 052 000	4 919 000
Total Retained Equity	1 666 000	334 000	766 000	1 668 000
Total Equity	1 696 000	364 000	796 000	1 698 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	6 597 000	4 706 000	1 256 000	3 221 000
Total Equity and Debt	8 293 000	5 070 000	2 052 000	4 919 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 086 000	13 784 000	8 982 000	21 247 000
Other Income	351 000	0	7 000	0
Revenue	42 436 000	13 784 000	8 990 000	21 247 000
Cost of Goods Sold	2 099 000	0	0	0
Salary Costs	21 765 000	9 409 000	7 361 000	13 783 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	38 286 000	14 171 000	10 133 000	19 378 000
Operating Profit	4 150 000	−387 000	−1 143 000	1 869 000
Financial Income	62 000	0	5 000	5 000
Financial Costs	92 000	10 000	17 000	4 000
Financial Balance	−30 000	−10 000	−12 000	1 000
Dividends	2 000 000	0	0	0
Net Income	3 332 000	−432 000	−903 000	1 448 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	34 000	0
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	10 000	0	0
Total Fixed Assets	0	10 000	34 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 810 000	3 725 000	628 000	2 872 000
Total Current Assets	8 293 000	5 060 000	2 017 000	4 919 000
Total Assets	8 293 000	5 070 000	2 052 000	4 919 000
Total Equity	1 696 000	364 000	796 000	1 698 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	303 000	1 331 000	424 000	317 000
Unpaid Taxes	1 043 000	964 000	33 000	1 212 000
Dividends	2 000 000	0	0	0
Other Current Debt	2 463 000	2 411 000	799 000	1 260 000
Total Current Debt	6 597 000	4 706 000	1 256 000	3 221 000
Total Equity and Debt	8 293 000	5 070 000	2 052 000	4 919 000

Financial indicators	2022	2021	2020	2019
Return on Equity	196,46 %	−118,68 %	−113,44 %	85,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,78 %	−2,81 %	−12,71 %	8,8 %
Current Ratio	1,26	1,08	1,61	1,53
Quick Ratio	1,26	1,08	1,61	1,53
Equity Ratio	0,2	0,07	0,39	0,35
Gross Profit Margin	95,05 %	100 %	100 %	100 %