CLOCKWORK AS

0459 OSLO

Finances

Share Ownership

Return on Equity

51,98 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 037 000	29 217 000	26 793 000	27 475 000
Net Income	1 669 000	1 493 000	1 422 000	2 339 000
Total Assets	120 410 000	117 328 000	113 263 000	112 368 000
Total Equity	3 211 000	2 790 000	2 772 000	5 131 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 037 000	29 217 000	26 793 000	27 475 000
Expenditure	26 907 000	27 250 000	24 874 000	24 181 000
Operating Profit	2 130 000	1 967 000	1 920 000	3 295 000
Financial Income	2 495 000	1 138 000	1 272 000	2 226 000
Financial Costs	2 448 000	1 173 000	1 358 000	2 515 000
Financial Balance	47 000	−35 000	−86 000	−289 000
Earnings Before Tax	2 177 000	1 932 000	1 834 000	3 006 000
Tax	508 000	439 000	413 000	667 000
Net Income	1 669 000	1 493 000	1 422 000	2 339 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 476 000	601 000	1 322 000	2 817 000
Total Current Assets	118 935 000	116 728 000	111 941 000	109 551 000
Total Assets	120 410 000	117 328 000	113 263 000	112 368 000
Total Retained Equity	658 000	238 000	220 000	365 000
Total Equity	3 211 000	2 790 000	2 772 000	5 131 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	117 199 000	114 538 000	110 490 000	107 237 000
Total Equity and Debt	120 410 000	117 328 000	113 263 000	112 368 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 037 000	27 217 000	26 793 000	28 851 000
Other Income	0	2 000 000	0	−1 376 000
Revenue	29 037 000	29 217 000	26 793 000	27 475 000
Cost of Goods Sold	11 050 000	12 735 000	11 278 000	8 910 000
Salary Costs	9 559 000	8 322 000	7 230 000	7 787 000
Depreciation	334 000	223 000	1 160 000	1 630 000
Impairment	0	0	0	0
Expenditure	26 907 000	27 250 000	24 874 000	24 181 000
Operating Profit	2 130 000	1 967 000	1 920 000	3 295 000
Financial Income	2 495 000	1 138 000	1 272 000	2 226 000
Financial Costs	2 448 000	1 173 000	1 358 000	2 515 000
Financial Balance	47 000	−35 000	−86 000	−289 000
Dividends	0	0	0	0
Net Income	1 669 000	1 493 000	1 422 000	2 339 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	203 000	278 000	1 251 000	1 870 000
Real Eastate	425 000	0	6 000	521 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	848 000	287 000	53 000	378 000
Total Tangible Assets	1 273 000	287 000	59 000	899 000
Total Fiancial Fixed Assets	0	36 000	12 000	48 000
Total Fixed Assets	1 476 000	601 000	1 322 000	2 817 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 751 000	3 858 000	3 666 000	637 000
Total Current Assets	118 935 000	116 728 000	111 941 000	109 551 000
Total Assets	120 410 000	117 328 000	113 263 000	112 368 000
Total Equity	3 211 000	2 790 000	2 772 000	5 131 000
Short-Term Group Debt	113 051 000	110 859 000	106 556 000	103 475 000
Total Long-Term Debt	0	0	0	0
Creditors	743 000	642 000	663 000	1 052 000
Unpaid Taxes	723 000	545 000	540 000	474 000
Dividends	0	0	0	0
Other Current Debt	2 602 000	2 492 000	2 731 000	2 236 000
Total Current Debt	117 199 000	114 538 000	110 490 000	107 237 000
Total Equity and Debt	120 410 000	117 328 000	113 263 000	112 368 000

Financial indicators	2022	2021	2020	2019
Return on Equity	51,98 %	53,51 %	51,3 %	45,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,34 %	6,73 %	7,17 %	11,99 %
Current Ratio	1,01	1,02	1,01	1,02
Quick Ratio	1,01	1,02	1,01	1,02
Equity Ratio	0,03	0,02	0,02	0,05
Gross Profit Margin	61,95 %	56,41 %	57,91 %	67,57 %