KODEWORKS EIENDOM AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

−145,24 %

Current Ratio

1,44

Debt-to-Equity Ratio

35,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	600 000	3 551 000	5 642 000	1 164 000
Net Income	−1 053 000	1 285 000	2 513 000	−1 434 000
Total Assets	27 033 000	21 463 000	34 514 000	30 810 000
Total Equity	725 000	1 778 000	494 000	−2 019 000

Income (NOK)	2022	2021	2020	2019
Revenue	600 000	3 551 000	5 642 000	1 164 000
Expenditure	1 445 000	1 452 000	1 314 000	986 000
Operating Profit	−845 000	2 099 000	4 327 000	177 000
Financial Income	8 000	7 000	6 000	0
Financial Costs	513 000	459 000	1 111 000	2 016 000
Financial Balance	−505 000	−452 000	−1 105 000	−2 016 000
Earnings Before Tax	−1 350 000	1 647 000	3 221 000	−1 839 000
Tax	−297 000	362 000	709 000	−405 000
Net Income	−1 053 000	1 285 000	2 513 000	−1 434 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 057 000	20 688 000	33 774 000	30 318 000
Total Current Assets	975 000	776 000	741 000	492 000
Total Assets	27 033 000	21 463 000	34 514 000	30 810 000
Total Retained Equity	701 000	1 754 000	469 000	−2 044 000
Total Equity	725 000	1 778 000	494 000	−2 019 000
Total Long-Term Debt	25 629 000	19 664 000	33 926 000	32 799 000
Total Current Debt	679 000	21 000	94 000	30 000
Total Equity and Debt	27 033 000	21 463 000	34 514 000	30 810 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	778 000	3 551 000	5 642 000	0
Other Income	−178 000	0	0	1 164 000
Revenue	600 000	3 551 000	5 642 000	1 164 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 076 000	828 000	828 000	545 000
Impairment	0	0	0	0
Expenditure	1 445 000	1 452 000	1 314 000	986 000
Operating Profit	−845 000	2 099 000	4 327 000	177 000
Financial Income	8 000	7 000	6 000	0
Financial Costs	513 000	459 000	1 111 000	2 016 000
Financial Balance	−505 000	−452 000	−1 105 000	−2 016 000
Dividends	0	0	0	0
Net Income	−1 053 000	1 285 000	2 513 000	−1 434 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	539 000
Real Eastate	25 528 000	20 624 000	33 699 000	29 692 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	530 000	64 000	75 000	86 000
Total Tangible Assets	26 057 000	20 688 000	33 774 000	29 779 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	26 057 000	20 688 000	33 774 000	30 318 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	40 000	84 000	13 000	23 000
Total Current Assets	975 000	776 000	741 000	492 000
Total Assets	27 033 000	21 463 000	34 514 000	30 810 000
Total Equity	725 000	1 778 000	494 000	−2 019 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 629 000	19 664 000	33 926 000	32 799 000
Creditors	1 046 000	24 000	106 000	26 000
Unpaid Taxes	−545 000	−3 000	−12 000	4 000
Dividends	0	0	0	0
Other Current Debt	178 000	0	0	0
Total Current Debt	679 000	21 000	94 000	30 000
Total Equity and Debt	27 033 000	21 463 000	34 514 000	30 810 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−145,24 %	72,27 %	508,7 %	71,03 %
Debt-to-Equity Ratio	35,35	11,06	68,68	−16,25
Operating Profit Margin	−140,83 %	59,11 %	76,69 %	15,21 %
Current Ratio	1,44	36,95	7,88	16,4
Quick Ratio	1,44	36,95	7,88	16,4
Equity Ratio	0,03	0,08	0,01	−0,07
Gross Profit Margin	100 %	100 %	100 %	100 %