WERKSTED AS

6007 ÅLESUND

Finances

Return on Equity

52,67 %

Current Ratio

2,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 589 000	2 818 000	2 452 000	1 854 000
Net Income	750 000	549 000	243 000	181 000
Total Assets	2 441 000	1 970 000	1 676 000	841 000
Total Equity	1 424 000	673 000	561 000	318 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 589 000	2 818 000	2 452 000	1 854 000
Expenditure	4 576 000	2 074 000	2 137 000	1 613 000
Operating Profit	1 013 000	743 000	314 000	241 000
Financial Income	0	0	0	0
Financial Costs	8 000	0	3 000	8 000
Financial Balance	−8 000	0	−3 000	−8 000
Earnings Before Tax	1 006 000	743 000	312 000	233 000
Tax	255 000	194 000	69 000	53 000
Net Income	750 000	549 000	243 000	181 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	325 000	857 000	181 000	97 000
Total Current Assets	2 115 000	1 113 000	1 496 000	744 000
Total Assets	2 441 000	1 970 000	1 676 000	841 000
Total Retained Equity	1 399 000	649 000	537 000	294 000
Total Equity	1 424 000	673 000	561 000	318 000
Total Long-Term Debt	0	0	3 000	2 000
Total Current Debt	1 017 000	1 297 000	1 112 000	521 000
Total Equity and Debt	2 441 000	1 970 000	1 676 000	841 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 545 000	2 663 000	2 717 000	1 854 000
Other Income	44 000	155 000	−265 000	0
Revenue	5 589 000	2 818 000	2 452 000	1 854 000
Cost of Goods Sold	2 371 000	595 000	790 000	199 000
Salary Costs	874 000	833 000	658 000	874 000
Depreciation	71 000	41 000	30 000	15 000
Impairment	0	0	0	0
Expenditure	4 576 000	2 074 000	2 137 000	1 613 000
Operating Profit	1 013 000	743 000	314 000	241 000
Financial Income	0	0	0	0
Financial Costs	8 000	0	3 000	8 000
Financial Balance	−8 000	0	−3 000	−8 000
Dividends	0	0	0	0
Net Income	750 000	549 000	243 000	181 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	219 000	219 000	155 000	97 000
Total Tangible Assets	219 000	219 000	155 000	97 000
Total Fiancial Fixed Assets	78 000	638 000	26 000	0
Total Fixed Assets	325 000	857 000	181 000	97 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 664 000	622 000	935 000	723 000
Total Current Assets	2 115 000	1 113 000	1 496 000	744 000
Total Assets	2 441 000	1 970 000	1 676 000	841 000
Total Equity	1 424 000	673 000	561 000	318 000
Short-Term Group Debt	0	560 000	0	0
Total Long-Term Debt	0	0	3 000	2 000
Creditors	129 000	30 000	198 000	41 000
Unpaid Taxes	199 000	169 000	145 000	136 000
Dividends	0	0	0	0
Other Current Debt	434 000	464 000	702 000	293 000
Total Current Debt	1 017 000	1 297 000	1 112 000	521 000
Total Equity and Debt	2 441 000	1 970 000	1 676 000	841 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,67 %	81,58 %	43,32 %	56,92 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	18,12 %	26,37 %	12,81 %	13 %
Current Ratio	2,08	0,86	1,35	1,43
Quick Ratio	2,08	0,86	1,35	1,43
Equity Ratio	0,58	0,34	0,33	0,38
Gross Profit Margin	57,58 %	78,89 %	67,78 %	89,27 %