WORSØE AS

8800 SANDNESSJØEN

Finances

Return on Equity

13,24 %

Current Ratio

0,96

Debt-to-Equity Ratio

5,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 095 000	2 741 000	2 617 000	1 976 000
Net Income	603 000	538 000	679 000	441 000
Total Assets	30 584 000	23 508 000	24 451 000	22 623 000
Total Equity	4 554 000	4 251 000	4 013 000	6 030 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 095 000	2 741 000	2 617 000	1 976 000
Expenditure	1 522 000	1 535 000	1 402 000	986 000
Operating Profit	1 572 000	1 207 000	1 216 000	990 000
Financial Income	194 000	26 000	228 000	118 000
Financial Costs	1 031 000	542 000	606 000	542 000
Financial Balance	−837 000	−516 000	−378 000	−424 000
Earnings Before Tax	735 000	691 000	838 000	566 000
Tax	132 000	152 000	159 000	125 000
Net Income	603 000	538 000	679 000	441 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 753 000	22 757 000	22 889 000	21 821 000
Total Current Assets	831 000	751 000	1 562 000	802 000
Total Assets	30 584 000	23 508 000	24 451 000	22 623 000
Total Retained Equity	3 554 000	3 251 000	3 013 000	5 030 000
Total Equity	4 554 000	4 251 000	4 013 000	6 030 000
Total Long-Term Debt	25 167 000	18 481 000	19 579 000	16 117 000
Total Current Debt	863 000	776 000	860 000	475 000
Total Equity and Debt	30 584 000	23 508 000	24 451 000	22 623 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	212 000	0	173 000	289 000
Other Income	2 883 000	2 741 000	2 444 000	1 687 000
Revenue	3 095 000	2 741 000	2 617 000	1 976 000
Cost of Goods Sold	0	0	0	0
Salary Costs	192 000	158 000	227 000	158 000
Depreciation	746 000	721 000	718 000	306 000
Impairment	0	0	0	0
Expenditure	1 522 000	1 535 000	1 402 000	986 000
Operating Profit	1 572 000	1 207 000	1 216 000	990 000
Financial Income	194 000	26 000	228 000	118 000
Financial Costs	1 031 000	542 000	606 000	542 000
Financial Balance	−837 000	−516 000	−378 000	−424 000
Dividends	300 000	300 000	300 000	200 000
Net Income	603 000	538 000	679 000	441 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	24 983 000	17 848 000	17 820 000	12 538 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 020 000	1 159 000	1 318 000	336 000
Total Tangible Assets	26 003 000	19 007 000	19 139 000	12 874 000
Total Fiancial Fixed Assets	3 750 000	3 750 000	3 750 000	8 947 000
Total Fixed Assets	29 753 000	22 757 000	22 889 000	21 821 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	658 000	707 000	1 480 000	709 000
Total Current Assets	831 000	751 000	1 562 000	802 000
Total Assets	30 584 000	23 508 000	24 451 000	22 623 000
Total Equity	4 554 000	4 251 000	4 013 000	6 030 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 167 000	18 481 000	19 579 000	16 117 000
Creditors	95 000	115 000	280 000	74 000
Unpaid Taxes	52 000	103 000	62 000	0
Dividends	300 000	300 000	300 000	200 000
Other Current Debt	284 000	102 000	69 000	107 000
Total Current Debt	863 000	776 000	860 000	475 000
Total Equity and Debt	30 584 000	23 508 000	24 451 000	22 623 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,24 %	12,66 %	16,92 %	7,31 %
Debt-to-Equity Ratio	5,53	4,35	4,88	2,67
Operating Profit Margin	50,79 %	44,04 %	46,47 %	50,1 %
Current Ratio	0,96	0,97	1,82	1,69
Quick Ratio	0,96	0,97	1,82	1,69
Equity Ratio	0,15	0,18	0,16	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %