WORK-WORK AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

199,49 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 680 000	8 655 000	8 448 000	11 505 000
Net Income	776 000	771 000	703 000	1 836 000
Total Assets	2 696 000	3 306 000	2 102 000	4 480 000
Total Equity	389 000	382 000	394 000	373 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 680 000	8 655 000	8 448 000	11 505 000
Expenditure	9 677 000	7 618 000	7 547 000	9 155 000
Operating Profit	1 002 000	1 036 000	901 000	2 350 000
Financial Income	1 000	0	1 000	4 000
Financial Costs	0	46 000	1 000	1 000
Financial Balance	1 000	−46 000	0	3 000
Earnings Before Tax	1 003 000	990 000	901 000	2 354 000
Tax	227 000	219 000	198 000	518 000
Net Income	776 000	771 000	703 000	1 836 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	243 000	186 000	264 000	313 000
Total Current Assets	2 452 000	3 120 000	1 837 000	4 167 000
Total Assets	2 696 000	3 306 000	2 102 000	4 480 000
Total Retained Equity	359 000	352 000	364 000	343 000
Total Equity	389 000	382 000	394 000	373 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 306 000	2 924 000	1 708 000	4 107 000
Total Equity and Debt	2 696 000	3 306 000	2 102 000	4 480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 444 000	5 798 000	7 392 000	10 872 000
Other Income	236 000	2 857 000	1 056 000	633 000
Revenue	10 680 000	8 655 000	8 448 000	11 505 000
Cost of Goods Sold	2 544 000	1 289 000	1 687 000	2 595 000
Salary Costs	3 453 000	2 430 000	2 452 000	2 987 000
Depreciation	53 000	83 000	100 000	187 000
Impairment	0	0	0	0
Expenditure	9 677 000	7 618 000	7 547 000	9 155 000
Operating Profit	1 002 000	1 036 000	901 000	2 350 000
Financial Income	1 000	0	1 000	4 000
Financial Costs	0	46 000	1 000	1 000
Financial Balance	1 000	−46 000	0	3 000
Dividends	0	0	0	0
Net Income	776 000	771 000	703 000	1 836 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	49 000	59 000	54 000	59 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	93 000	117 000	142 000
Fixtures	194 000	35 000	93 000	112 000
Total Tangible Assets	194 000	127 000	211 000	254 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	243 000	186 000	264 000	313 000
Stock	201 000	236 000	178 000	198 000
Total Investments	0	0	0	0
Cash, Bank	1 994 000	2 441 000	1 095 000	3 436 000
Total Current Assets	2 452 000	3 120 000	1 837 000	4 167 000
Total Assets	2 696 000	3 306 000	2 102 000	4 480 000
Total Equity	389 000	382 000	394 000	373 000
Short-Term Group Debt	986 000	1 878 000	874 000	3 009 000
Total Long-Term Debt	0	0	0	0
Creditors	270 000	140 000	116 000	174 000
Unpaid Taxes	380 000	263 000	251 000	389 000
Dividends	0	0	0	0
Other Current Debt	670 000	640 000	466 000	536 000
Total Current Debt	2 306 000	2 924 000	1 708 000	4 107 000
Total Equity and Debt	2 696 000	3 306 000	2 102 000	4 480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	199,49 %	201,83 %	178,43 %	492,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,38 %	11,97 %	10,67 %	20,43 %
Current Ratio	1,06	1,07	1,08	1,01
Quick Ratio	1,16	1,16	1,2	1,07
Equity Ratio	0,14	0,12	0,19	0,08
Gross Profit Margin	76,18 %	85,11 %	80,03 %	77,44 %