WATCHCOM SECURITY GROUP AS

0150 OSLO

Finances

Share Ownership

Return on Equity

−671,93 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 059 000	51 020 000	32 285 000	37 620 000
Net Income	−6 558 000	33 000	−5 751 000	95 000
Total Assets	14 850 000	14 846 000	11 590 000	12 688 000
Total Equity	976 000	533 000	501 000	751 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 059 000	51 020 000	32 285 000	37 620 000
Expenditure	61 528 000	50 986 000	38 013 000	37 419 000
Operating Profit	−6 468 000	36 000	−5 728 000	201 000
Financial Income	157 000	68 000	51 000	86 000
Financial Costs	247 000	71 000	74 000	191 000
Financial Balance	−90 000	−3 000	−23 000	−105 000
Earnings Before Tax	−6 558 000	33 000	−5 751 000	95 000
Tax	0	0	0	0
Net Income	−6 558 000	33 000	−5 751 000	95 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	852 000	985 000	389 000	3 457 000
Total Current Assets	13 999 000	13 860 000	11 202 000	9 231 000
Total Assets	14 850 000	14 846 000	11 590 000	12 688 000
Total Retained Equity	−6 224 000	33 000	−5 182 000	0
Total Equity	976 000	533 000	501 000	751 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 875 000	14 312 000	11 090 000	11 936 000
Total Equity and Debt	14 850 000	14 846 000	11 590 000	12 688 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	54 439 000	50 808 000	32 270 000	37 324 000
Other Income	620 000	212 000	15 000	296 000
Revenue	55 059 000	51 020 000	32 285 000	37 620 000
Cost of Goods Sold	19 120 000	12 122 000	4 474 000	9 228 000
Salary Costs	34 527 000	32 114 000	25 619 000	22 032 000
Depreciation	357 000	303 000	3 218 000	217 000
Impairment	0	0	0	0
Expenditure	61 528 000	50 986 000	38 013 000	37 419 000
Operating Profit	−6 468 000	36 000	−5 728 000	201 000
Financial Income	157 000	68 000	51 000	86 000
Financial Costs	247 000	71 000	74 000	191 000
Financial Balance	−90 000	−3 000	−23 000	−105 000
Dividends	0	0	0	0
Net Income	−6 558 000	33 000	−5 751 000	95 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	3 000 000
Total Intangible Assets	0	0	0	3 000 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	852 000	985 000	389 000	457 000
Total Tangible Assets	852 000	985 000	389 000	457 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	852 000	985 000	389 000	3 457 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 238 000	1 237 000	5 403 000	828 000
Total Current Assets	13 999 000	13 860 000	11 202 000	9 231 000
Total Assets	14 850 000	14 846 000	11 590 000	12 688 000
Total Equity	976 000	533 000	501 000	751 000
Short-Term Group Debt	126 000	65 000	184 000	0
Total Long-Term Debt	0	0	0	0
Creditors	3 340 000	6 284 000	691 000	909 000
Unpaid Taxes	3 470 000	2 825 000	2 998 000	3 054 000
Dividends	0	0	0	0
Other Current Debt	6 938 000	5 139 000	7 218 000	6 030 000
Total Current Debt	13 875 000	14 312 000	11 090 000	11 936 000
Total Equity and Debt	14 850 000	14 846 000	11 590 000	12 688 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−671,93 %	6,19 %	−1 147,9 %	12,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−11,75 %	0,07 %	−17,74 %	0,53 %
Current Ratio	1,01	0,97	1,01	0,77
Quick Ratio	1,01	0,97	1,01	0,77
Equity Ratio	0,07	0,04	0,04	0,06
Gross Profit Margin	65,27 %	76,24 %	86,14 %	75,47 %