STARWORKS AS

0161 OSLO

Finances

Return on Equity

−98,27 %

Current Ratio

1,91

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 660 000	7 803 000	2 113 000	3 304 000
Net Income	−1 139 000	1 313 000	478 000	−63 000
Total Assets	2 166 000	3 898 000	1 535 000	1 141 000
Total Equity	1 159 000	2 297 000	1 138 000	733 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 660 000	7 803 000	2 113 000	3 304 000
Expenditure	6 935 000	6 116 000	1 499 000	3 376 000
Operating Profit	−1 274 000	1 687 000	614 000	−73 000
Financial Income	10 000	0	2 000	8 000
Financial Costs	14 000	3 000	1 000	3 000
Financial Balance	−4 000	−3 000	1 000	5 000
Earnings Before Tax	−1 278 000	1 685 000	614 000	−68 000
Tax	−139 000	372 000	137 000	−5 000
Net Income	−1 139 000	1 313 000	478 000	−63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	241 000	707 000	663 000	122 000
Total Current Assets	1 925 000	3 191 000	871 000	1 018 000
Total Assets	2 166 000	3 898 000	1 535 000	1 141 000
Total Retained Equity	1 129 000	2 267 000	1 108 000	703 000
Total Equity	1 159 000	2 297 000	1 138 000	733 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 008 000	1 601 000	397 000	407 000
Total Equity and Debt	2 166 000	3 898 000	1 535 000	1 141 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 868 000	5 525 000	2 113 000	3 304 000
Other Income	−208 000	2 278 000	0	0
Revenue	5 660 000	7 803 000	2 113 000	3 304 000
Cost of Goods Sold	3 646 000	4 524 000	285 000	1 053 000
Salary Costs	2 012 000	1 022 000	788 000	1 629 000
Depreciation	30 000	55 000	64 000	56 000
Impairment	0	0	0	0
Expenditure	6 935 000	6 116 000	1 499 000	3 376 000
Operating Profit	−1 274 000	1 687 000	614 000	−73 000
Financial Income	10 000	0	2 000	8 000
Financial Costs	14 000	3 000	1 000	3 000
Financial Balance	−4 000	−3 000	1 000	5 000
Dividends	0	0	0	0
Net Income	−1 139 000	1 313 000	478 000	−63 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	150 000	11 000	10 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	54 000	84 000	41 000	106 000
Total Tangible Assets	54 000	84 000	41 000	106 000
Total Fiancial Fixed Assets	38 000	612 000	612 000	12 000
Total Fixed Assets	241 000	707 000	663 000	122 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 778 000	1 803 000	659 000	454 000
Total Current Assets	1 925 000	3 191 000	871 000	1 018 000
Total Assets	2 166 000	3 898 000	1 535 000	1 141 000
Total Equity	1 159 000	2 297 000	1 138 000	733 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	421 000	148 000	46 000	91 000
Unpaid Taxes	191 000	194 000	143 000	168 000
Dividends	0	0	0	0
Other Current Debt	396 000	886 000	66 000	148 000
Total Current Debt	1 008 000	1 601 000	397 000	407 000
Total Equity and Debt	2 166 000	3 898 000	1 535 000	1 141 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−98,27 %	57,16 %	42 %	−8,59 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−22,51 %	21,62 %	29,06 %	−2,21 %
Current Ratio	1,91	1,99	2,19	2,5
Quick Ratio	1,91	1,99	2,19	2,5
Equity Ratio	0,54	0,59	0,74	0,64
Gross Profit Margin	35,58 %	42,02 %	86,51 %	68,13 %