COWORX AS

4611 KRISTIANSAND S

Finances

Return on Equity

−144,39 %

Current Ratio

2,64

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 696 000	3 026 000	3 887 000	4 037 000
Net Income	−1 236 000	−445 000	−70 000	155 000
Total Assets	1 366 000	3 488 000	3 550 000	2 873 000
Total Equity	856 000	−325 000	−235 000	−165 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 696 000	3 026 000	3 887 000	4 037 000
Expenditure	2 928 000	3 576 000	3 953 000	3 821 000
Operating Profit	−1 232 000	−549 000	−66 000	216 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	−5 000	8 000	2 000	4 000
Financial Balance	5 000	−7 000	−1 000	−3 000
Earnings Before Tax	−1 227 000	−557 000	−67 000	213 000
Tax	10 000	−111 000	3 000	58 000
Net Income	−1 236 000	−445 000	−70 000	155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	61 000	1 571 000	1 553 000	49 000
Total Current Assets	1 305 000	1 917 000	1 997 000	2 824 000
Total Assets	1 366 000	3 488 000	3 550 000	2 873 000
Total Retained Equity	−1 591 000	−355 000	−265 000	−195 000
Total Equity	856 000	−325 000	−235 000	−165 000
Total Long-Term Debt	16 000	1 780 000	1 780 000	1 600 000
Total Current Debt	494 000	2 033 000	2 005 000	1 438 000
Total Equity and Debt	1 366 000	3 488 000	3 550 000	2 873 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	892 000	2 383 000	2 954 000	3 537 000
Other Income	804 000	643 000	933 000	500 000
Revenue	1 696 000	3 026 000	3 887 000	4 037 000
Cost of Goods Sold	870 000	1 403 000	2 011 000	1 919 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	38 000
Impairment	0	0	0	0
Expenditure	2 928 000	3 576 000	3 953 000	3 821 000
Operating Profit	−1 232 000	−549 000	−66 000	216 000
Financial Income	0	1 000	1 000	1 000
Financial Costs	−5 000	8 000	2 000	4 000
Financial Balance	5 000	−7 000	−1 000	−3 000
Dividends	0	0	0	0
Net Income	−1 236 000	−445 000	−70 000	155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	42 000	52 000	41 000	37 000
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	19 000	1 519 000	1 512 000	12 000
Total Fixed Assets	61 000	1 571 000	1 553 000	49 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	455 000	375 000	1 137 000	333 000
Total Current Assets	1 305 000	1 917 000	1 997 000	2 824 000
Total Assets	1 366 000	3 488 000	3 550 000	2 873 000
Total Equity	856 000	−325 000	−235 000	−165 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	16 000	1 780 000	1 780 000	1 600 000
Creditors	435 000	1 870 000	1 509 000	935 000
Unpaid Taxes	57 000	0	0	34 000
Dividends	0	0	0	0
Other Current Debt	2 000	163 000	489 000	470 000
Total Current Debt	494 000	2 033 000	2 005 000	1 438 000
Total Equity and Debt	1 366 000	3 488 000	3 550 000	2 873 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−144,39 %	136,92 %	29,79 %	−93,94 %
Debt-to-Equity Ratio	0,02	−5,48	−7,57	−9,7
Operating Profit Margin	−72,64 %	−18,14 %	−1,7 %	5,35 %
Current Ratio	2,64	0,94	1	1,96
Quick Ratio	2,64	0,94	1	1,96
Equity Ratio	0,63	−0,09	−0,07	−0,06
Gross Profit Margin	48,7 %	53,64 %	48,26 %	52,46 %