WORX AS

1734 HAFSLUNDSØY

Finances

Share Ownership

Return on Equity

−3,47 %

Current Ratio

1,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	519 000	669 000	480 000	708 000
Net Income	−9 000	90 000	31 000	185 000
Total Assets	438 000	435 000	285 000	754 000
Total Equity	259 000	268 000	179 000	218 000

Income (NOK)	2022	2021	2020	2019
Revenue	519 000	669 000	480 000	708 000
Expenditure	525 000	551 000	440 000	471 000
Operating Profit	−7 000	117 000	40 000	237 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−7 000	117 000	40 000	237 000
Tax	2 000	27 000	9 000	52 000
Net Income	−9 000	90 000	31 000	185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	162 000	109 000	16 000	22 000
Total Current Assets	276 000	326 000	269 000	732 000
Total Assets	438 000	435 000	285 000	754 000
Total Retained Equity	229 000	238 000	149 000	118 000
Total Equity	259 000	268 000	179 000	218 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	179 000	167 000	107 000	536 000
Total Equity and Debt	438 000	435 000	285 000	754 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	519 000	669 000	480 000	708 000
Other Income	0	0	0	0
Revenue	519 000	669 000	480 000	708 000
Cost of Goods Sold	234 000	290 000	207 000	311 000
Salary Costs	2 000	7 000	1 000	1 000
Depreciation	54 000	27 000	5 000	5 000
Impairment	0	0	0	0
Expenditure	525 000	551 000	440 000	471 000
Operating Profit	−7 000	117 000	40 000	237 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	250 000
Net Income	−9 000	90 000	31 000	185 000

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	162 000	109 000	16 000	22 000
Total Tangible Assets	162 000	109 000	16 000	22 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	162 000	109 000	16 000	22 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	80 000	248 000	186 000	145 000
Total Current Assets	276 000	326 000	269 000	732 000
Total Assets	438 000	435 000	285 000	754 000
Total Equity	259 000	268 000	179 000	218 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	86 000	21 000	0	146 000
Unpaid Taxes	12 000	39 000	19 000	12 000
Dividends	0	0	0	250 000
Other Current Debt	79 000	79 000	79 000	79 000
Total Current Debt	179 000	167 000	107 000	536 000
Total Equity and Debt	438 000	435 000	285 000	754 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,47 %	33,58 %	17,32 %	84,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,35 %	17,49 %	8,33 %	33,47 %
Current Ratio	1,54	1,95	2,51	1,37
Quick Ratio	1,54	1,95	2,51	1,37
Equity Ratio	0,59	0,62	0,63	0,29
Gross Profit Margin	54,91 %	56,65 %	56,88 %	56,07 %