WORKFOR SAFEGUARD AS

5114 TERTNES

Finances

Share Ownership

Return on Equity

3,74 %

Current Ratio

0,8

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020
Revenue	14 264 000	7 186 000	972 000
Net Income	8 000	106 000	70 000
Total Assets	2 790 000	1 325 000	684 000
Total Equity	214 000	207 000	100 000

Income (NOK)	2022	2021	2020
Revenue	14 264 000	7 186 000	972 000
Expenditure	14 269 000	7 044 000	881 000
Operating Profit	−5 000	141 000	92 000
Financial Income	31 000	0	0
Financial Costs	17 000	5 000	2 000
Financial Balance	14 000	−5 000	−2 000
Earnings Before Tax	10 000	136 000	90 000
Tax	2 000	30 000	20 000
Net Income	8 000	106 000	70 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	747 000	0	0
Total Current Assets	2 043 000	1 325 000	684 000
Total Assets	2 790 000	1 325 000	684 000
Total Retained Equity	184 000	177 000	70 000
Total Equity	214 000	207 000	100 000
Total Long-Term Debt	10 000	40 000	138 000
Total Current Debt	2 566 000	1 079 000	445 000
Total Equity and Debt	2 790 000	1 325 000	684 000

Cash flow (NOK)	2022	2021	2020
Sales Income	14 264 000	7 186 000	972 000
Other Income	0	0	0
Revenue	14 264 000	7 186 000	972 000
Cost of Goods Sold	0	0	0
Salary Costs	13 297 000	6 461 000	761 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	14 269 000	7 044 000	881 000
Operating Profit	−5 000	141 000	92 000
Financial Income	31 000	0	0
Financial Costs	17 000	5 000	2 000
Financial Balance	14 000	−5 000	−2 000
Dividends	0	0	0
Net Income	8 000	106 000	70 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	747 000	0	0
Total Fixed Assets	747 000	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 590 000	1 164 000	516 000
Total Current Assets	2 043 000	1 325 000	684 000
Total Assets	2 790 000	1 325 000	684 000
Total Equity	214 000	207 000	100 000
Short-Term Group Debt	0	0	150 000
Total Long-Term Debt	10 000	40 000	138 000
Creditors	329 000	−36 000	17 000
Unpaid Taxes	937 000	465 000	191 000
Dividends	0	0	0
Other Current Debt	1 298 000	619 000	67 000
Total Current Debt	2 566 000	1 079 000	445 000
Total Equity and Debt	2 790 000	1 325 000	684 000

Financial indicators	2022	2021	2020
Return on Equity	3,74 %	51,21 %	70 %
Debt-to-Equity Ratio	0,05	0,19	1,38
Operating Profit Margin	−0,04 %	1,96 %	9,47 %
Current Ratio	0,8	1,23	1,54
Quick Ratio	0,8	1,23	1,54
Equity Ratio	0,08	0,16	0,15
Gross Profit Margin	100 %	100 %	100 %