KODEWORKS TRONDHEIM AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

−61,04 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 324 000	11 007 000	13 135 000	12 009 000
Net Income	−1 258 000	−1 060 000	2 143 000	2 205 000
Total Assets	4 590 000	9 829 000	11 630 000	7 886 000
Total Equity	2 061 000	3 320 000	4 379 000	2 236 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 324 000	11 007 000	13 135 000	12 009 000
Expenditure	14 803 000	12 200 000	10 258 000	9 084 000
Operating Profit	−1 479 000	−1 193 000	2 877 000	2 926 000
Financial Income	10 000	7 000	6 000	0
Financial Costs	145 000	171 000	132 000	96 000
Financial Balance	−135 000	−164 000	−126 000	−96 000
Earnings Before Tax	−1 614 000	−1 356 000	2 752 000	2 830 000
Tax	−355 000	−296 000	608 000	625 000
Net Income	−1 258 000	−1 060 000	2 143 000	2 205 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	685 000	318 000	75 000	0
Total Current Assets	3 905 000	9 511 000	11 556 000	7 886 000
Total Assets	4 590 000	9 829 000	11 630 000	7 886 000
Total Retained Equity	2 037 000	3 295 000	4 355 000	2 212 000
Total Equity	2 061 000	3 320 000	4 379 000	2 236 000
Total Long-Term Debt	0	0	76 000	67 000
Total Current Debt	2 529 000	6 509 000	7 175 000	5 582 000
Total Equity and Debt	4 590 000	9 829 000	11 630 000	7 886 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 749 000	11 007 000	13 135 000	12 009 000
Other Income	575 000	0	0	0
Revenue	13 324 000	11 007 000	13 135 000	12 009 000
Cost of Goods Sold	1 442 000	0	0	0
Salary Costs	12 532 000	11 681 000	9 855 000	8 673 000
Depreciation	47 000	47 000	36 000	0
Impairment	0	0	0	0
Expenditure	14 803 000	12 200 000	10 258 000	9 084 000
Operating Profit	−1 479 000	−1 193 000	2 877 000	2 926 000
Financial Income	10 000	7 000	6 000	0
Financial Costs	145 000	171 000	132 000	96 000
Financial Balance	−135 000	−164 000	−126 000	−96 000
Dividends	0	0	0	0
Net Income	−1 258 000	−1 060 000	2 143 000	2 205 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	576 000	221 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	109 000	97 000	75 000	0
Total Tangible Assets	109 000	97 000	75 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	685 000	318 000	75 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	736 000	1 012 000	138 000	525 000
Total Current Assets	3 905 000	9 511 000	11 556 000	7 886 000
Total Assets	4 590 000	9 829 000	11 630 000	7 886 000
Total Equity	2 061 000	3 320 000	4 379 000	2 236 000
Short-Term Group Debt	0	4 009 000	3 898 000	2 379 000
Total Long-Term Debt	0	0	76 000	67 000
Creditors	441 000	200 000	30 000	41 000
Unpaid Taxes	838 000	1 154 000	1 307 000	1 750 000
Dividends	0	0	0	0
Other Current Debt	1 251 000	1 145 000	954 000	792 000
Total Current Debt	2 529 000	6 509 000	7 175 000	5 582 000
Total Equity and Debt	4 590 000	9 829 000	11 630 000	7 886 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−61,04 %	−31,93 %	48,94 %	98,61 %
Debt-to-Equity Ratio	0	0	0,02	0,03
Operating Profit Margin	−11,1 %	−10,84 %	21,9 %	24,37 %
Current Ratio	1,54	1,46	1,61	1,41
Quick Ratio	1,54	1,46	1,61	1,41
Equity Ratio	0,45	0,34	0,38	0,28
Gross Profit Margin	89,18 %	100 %	100 %	100 %