KODEWORKS OSLO AS

0350 OSLO

Finances

Share Ownership

Return on Equity

18,52 %

Current Ratio

1,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 117 000	11 525 000	12 124 000	3 817 000
Net Income	631 000	−698 000	2 399 000	1 046 000
Total Assets	7 650 000	6 312 000	7 627 000	3 365 000
Total Equity	3 408 000	2 777 000	3 475 000	1 076 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 117 000	11 525 000	12 124 000	3 817 000
Expenditure	19 263 000	12 380 000	9 012 000	2 458 000
Operating Profit	854 000	−855 000	3 112 000	1 359 000
Financial Income	11 000	7 000	2 000	0
Financial Costs	57 000	44 000	38 000	18 000
Financial Balance	−46 000	−37 000	−36 000	−18 000
Earnings Before Tax	808 000	−893 000	3 076 000	1 341 000
Tax	178 000	−195 000	677 000	295 000
Net Income	631 000	−698 000	2 399 000	1 046 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	204 000	251 000	60 000	0
Total Current Assets	7 446 000	6 061 000	7 567 000	3 365 000
Total Assets	7 650 000	6 312 000	7 627 000	3 365 000
Total Retained Equity	3 378 000	2 747 000	3 445 000	1 046 000
Total Equity	3 408 000	2 777 000	3 475 000	1 076 000
Total Long-Term Debt	0	0	33 000	13 000
Total Current Debt	4 243 000	3 535 000	4 119 000	2 277 000
Total Equity and Debt	7 650 000	6 312 000	7 627 000	3 365 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 117 000	11 525 000	12 124 000	3 817 000
Other Income	0	0	0	0
Revenue	20 117 000	11 525 000	12 124 000	3 817 000
Cost of Goods Sold	1 131 000	1 000	0	0
Salary Costs	16 967 000	11 844 000	8 793 000	2 330 000
Depreciation	87 000	38 000	26 000	0
Impairment	0	0	0	0
Expenditure	19 263 000	12 380 000	9 012 000	2 458 000
Operating Profit	854 000	−855 000	3 112 000	1 359 000
Financial Income	11 000	7 000	2 000	0
Financial Costs	57 000	44 000	38 000	18 000
Financial Balance	−46 000	−37 000	−36 000	−18 000
Dividends	0	0	0	0
Net Income	631 000	−698 000	2 399 000	1 046 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	162 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	204 000	89 000	60 000	0
Total Tangible Assets	204 000	89 000	60 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	204 000	251 000	60 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 670 000	722 000	28 000	502 000
Total Current Assets	7 446 000	6 061 000	7 567 000	3 365 000
Total Assets	7 650 000	6 312 000	7 627 000	3 365 000
Total Equity	3 408 000	2 777 000	3 475 000	1 076 000
Short-Term Group Debt	600 000	956 000	919 000	883 000
Total Long-Term Debt	0	0	33 000	13 000
Creditors	389 000	208 000	18 000	3 000
Unpaid Taxes	1 699 000	1 237 000	1 415 000	878 000
Dividends	0	0	0	0
Other Current Debt	1 538 000	1 133 000	826 000	231 000
Total Current Debt	4 243 000	3 535 000	4 119 000	2 277 000
Total Equity and Debt	7 650 000	6 312 000	7 627 000	3 365 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,52 %	−25,14 %	69,04 %	97,21 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	4,25 %	−7,42 %	25,67 %	35,6 %
Current Ratio	1,75	1,71	1,84	1,48
Quick Ratio	1,75	1,71	1,84	1,48
Equity Ratio	0,45	0,44	0,46	0,32
Gross Profit Margin	94,38 %	99,99 %	100 %	100 %