BIKE2WORK AS

0680 OSLO

Finances

Share Ownership

Return on Equity

−5,7 %

Current Ratio

2,35

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 028 000	276 000	124 000	814 000
Net Income	−11 000	−24 000	74 000	101 000
Total Assets	481 000	212 000	234 000	216 000
Total Equity	193 000	204 000	228 000	154 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 028 000	276 000	124 000	814 000
Expenditure	2 037 000	301 000	29 000	682 000
Operating Profit	−10 000	−24 000	95 000	132 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	2 000	4 000	0	3 000
Financial Balance	−1 000	−3 000	1 000	−3 000
Earnings Before Tax	−11 000	−27 000	95 000	129 000
Tax	0	−3 000	21 000	28 000
Net Income	−11 000	−24 000	74 000	101 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	140 000	80 000	0
Total Current Assets	441 000	72 000	154 000	216 000
Total Assets	481 000	212 000	234 000	216 000
Total Retained Equity	163 000	174 000	198 000	124 000
Total Equity	193 000	204 000	228 000	154 000
Total Long-Term Debt	100 000	0	3 000	0
Total Current Debt	188 000	8 000	3 000	62 000
Total Equity and Debt	481 000	212 000	234 000	216 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 898 000	276 000	124 000	814 000
Other Income	130 000	0	0	0
Revenue	2 028 000	276 000	124 000	814 000
Cost of Goods Sold	1 361 000	202 000	0	663 000
Salary Costs	87 000	0	0	0
Depreciation	24 000	16 000	20 000	0
Impairment	0	0	0	0
Expenditure	2 037 000	301 000	29 000	682 000
Operating Profit	−10 000	−24 000	95 000	132 000
Financial Income	1 000	1 000	1 000	0
Financial Costs	2 000	4 000	0	3 000
Financial Balance	−1 000	−3 000	1 000	−3 000
Dividends	0	0	0	0
Net Income	−11 000	−24 000	74 000	101 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	40 000	64 000	80 000	0
Total Tangible Assets	40 000	64 000	80 000	0
Total Fiancial Fixed Assets	0	76 000	0	0
Total Fixed Assets	40 000	140 000	80 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	327 000	72 000	121 000	143 000
Total Current Assets	441 000	72 000	154 000	216 000
Total Assets	481 000	212 000	234 000	216 000
Total Equity	193 000	204 000	228 000	154 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	100 000	0	3 000	0
Creditors	124 000	−3 000	3 000	51 000
Unpaid Taxes	28 000	1 000	0	0
Dividends	0	0	0	0
Other Current Debt	36 000	10 000	−17 000	−17 000
Total Current Debt	188 000	8 000	3 000	62 000
Total Equity and Debt	481 000	212 000	234 000	216 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,7 %	−11,76 %	32,46 %	65,58 %
Debt-to-Equity Ratio	0,52	0	0,01	0
Operating Profit Margin	−0,49 %	−8,7 %	76,61 %	16,22 %
Current Ratio	2,35	9	51,33	3,48
Quick Ratio	2,35	9	51,33	3,48
Equity Ratio	0,4	0,96	0,97	0,71
Gross Profit Margin	32,89 %	26,81 %	100 %	18,55 %