COWORK AS

0181 OSLO

Finances

Return on Equity

17,61 %

Current Ratio

2,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 983 000	23 803 000	14 191 000	9 084 000
Net Income	1 284 000	2 505 000	781 000	700 000
Total Assets	13 107 000	12 913 000	7 265 000	4 735 000
Total Equity	7 293 000	5 979 000	3 474 000	2 693 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 983 000	23 803 000	14 191 000	9 084 000
Expenditure	25 323 000	20 600 000	13 187 000	8 192 000
Operating Profit	1 661 000	3 202 000	1 003 000	893 000
Financial Income	12 000	16 000	1 000	5 000
Financial Costs	4 000	1 000	0	1 000
Financial Balance	8 000	15 000	1 000	4 000
Earnings Before Tax	1 669 000	3 218 000	1 004 000	898 000
Tax	385 000	713 000	223 000	198 000
Net Income	1 284 000	2 505 000	781 000	700 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	478 000	422 000	414 000	554 000
Total Current Assets	12 629 000	12 491 000	6 851 000	4 181 000
Total Assets	13 107 000	12 913 000	7 265 000	4 735 000
Total Retained Equity	7 233 000	5 919 000	3 414 000	2 633 000
Total Equity	7 293 000	5 979 000	3 474 000	2 693 000
Total Long-Term Debt	0	0	0	4 000
Total Current Debt	5 814 000	6 935 000	3 791 000	2 038 000
Total Equity and Debt	13 107 000	12 913 000	7 265 000	4 735 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 983 000	23 803 000	14 185 000	9 084 000
Other Income	0	0	6 000	0
Revenue	26 983 000	23 803 000	14 191 000	9 084 000
Cost of Goods Sold	524 000	1 726 000	57 000	0
Salary Costs	22 409 000	17 454 000	12 302 000	7 500 000
Depreciation	94 000	73 000	66 000	26 000
Impairment	0	0	0	0
Expenditure	25 323 000	20 600 000	13 187 000	8 192 000
Operating Profit	1 661 000	3 202 000	1 003 000	893 000
Financial Income	12 000	16 000	1 000	5 000
Financial Costs	4 000	1 000	0	1 000
Financial Balance	8 000	15 000	1 000	4 000
Dividends	0	0	0	0
Net Income	1 284 000	2 505 000	781 000	700 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	35 000	54 000	74 000	94 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	166 000	91 000	70 000	100 000
Total Tangible Assets	166 000	91 000	70 000	100 000
Total Fiancial Fixed Assets	278 000	277 000	270 000	360 000
Total Fixed Assets	478 000	422 000	414 000	554 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 561 000	9 138 000	4 968 000	3 213 000
Total Current Assets	12 629 000	12 491 000	6 851 000	4 181 000
Total Assets	13 107 000	12 913 000	7 265 000	4 735 000
Total Equity	7 293 000	5 979 000	3 474 000	2 693 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	4 000
Creditors	92 000	236 000	54 000	58 000
Unpaid Taxes	2 689 000	2 166 000	1 603 000	1 124 000
Dividends	0	0	0	0
Other Current Debt	2 649 000	3 819 000	1 907 000	661 000
Total Current Debt	5 814 000	6 935 000	3 791 000	2 038 000
Total Equity and Debt	13 107 000	12 913 000	7 265 000	4 735 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,61 %	41,9 %	22,48 %	25,99 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	6,16 %	13,45 %	7,07 %	9,83 %
Current Ratio	2,17	1,8	1,81	2,05
Quick Ratio	2,17	1,8	1,81	2,05
Equity Ratio	0,56	0,46	0,48	0,57
Gross Profit Margin	98,06 %	92,75 %	99,6 %	100 %