WORKTEK AS

9411 HARSTAD

Finances

Share Ownership

Return on Equity

27,87 %

Current Ratio

0,84

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 201 000	1 775 000	1 430 000	1 627 000
Net Income	17 000	−6 000	−158 000	426 000
Total Assets	1 302 000	1 004 000	1 083 000	816 000
Total Equity	61 000	44 000	450 000	608 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 201 000	1 775 000	1 430 000	1 627 000
Expenditure	2 177 000	1 760 000	1 463 000	1 201 000
Operating Profit	24 000	14 000	−33 000	426 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	13 000	0
Financial Balance	−1 000	0	−13 000	0
Earnings Before Tax	22 000	13 000	−46 000	426 000
Tax	5 000	21 000	117 000	0
Net Income	17 000	−6 000	−158 000	426 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	278 000	244 000	57 000	47 000
Total Current Assets	1 024 000	760 000	1 026 000	770 000
Total Assets	1 302 000	1 004 000	1 083 000	816 000
Total Retained Equity	16 000	−1 000	405 000	563 000
Total Equity	61 000	44 000	450 000	608 000
Total Long-Term Debt	17 000	12 000	0	0
Total Current Debt	1 224 000	949 000	633 000	208 000
Total Equity and Debt	1 302 000	1 004 000	1 083 000	816 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 201 000	1 775 000	1 430 000	1 627 000
Other Income	0	0	0	0
Revenue	2 201 000	1 775 000	1 430 000	1 627 000
Cost of Goods Sold	178 000	100 000	596 000	59 000
Salary Costs	1 296 000	1 143 000	647 000	789 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 177 000	1 760 000	1 463 000	1 201 000
Operating Profit	24 000	14 000	−33 000	426 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	13 000	0
Financial Balance	−1 000	0	−13 000	0
Dividends	0	0	0	0
Net Income	17 000	−6 000	−158 000	426 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	6 000	14 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	270 000	238 000	43 000	43 000
Total Tangible Assets	270 000	238 000	43 000	43 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	278 000	244 000	57 000	47 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	511 000	248 000	695 000	624 000
Total Current Assets	1 024 000	760 000	1 026 000	770 000
Total Assets	1 302 000	1 004 000	1 083 000	816 000
Total Equity	61 000	44 000	450 000	608 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	17 000	12 000	0	0
Creditors	33 000	35 000	37 000	7 000
Unpaid Taxes	1 145 000	706 000	447 000	305 000
Dividends	0	0	0	0
Other Current Debt	208 000	208 000	149 000	126 000
Total Current Debt	1 224 000	949 000	633 000	208 000
Total Equity and Debt	1 302 000	1 004 000	1 083 000	816 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,87 %	−13,64 %	−35,11 %	70,07 %
Debt-to-Equity Ratio	0,28	0,27	0	0
Operating Profit Margin	1,09 %	0,79 %	−2,31 %	26,18 %
Current Ratio	0,84	0,8	1,62	3,7
Quick Ratio	0,84	0,8	1,62	3,7
Equity Ratio	0,05	0,04	0,42	0,75
Gross Profit Margin	91,91 %	94,37 %	58,32 %	96,37 %