WORKWEAR AS

0680 OSLO

Finances

Share Ownership

Return on Equity

42,04 %

Current Ratio

2,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 155 000	15 356 000	8 861 000	5 988 000
Net Income	1 395 000	924 000	593 000	154 000
Total Assets	6 441 000	4 216 000	3 118 000	1 938 000
Total Equity	3 318 000	1 923 000	999 000	406 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 155 000	15 356 000	8 861 000	5 988 000
Expenditure	18 298 000	14 173 000	8 117 000	5 789 000
Operating Profit	1 857 000	1 183 000	744 000	199 000
Financial Income	3 000	6 000	32 000	2 000
Financial Costs	5 000	4 000	15 000	3 000
Financial Balance	−2 000	2 000	17 000	−1 000
Earnings Before Tax	1 855 000	1 184 000	761 000	197 000
Tax	460 000	261 000	168 000	43 000
Net Income	1 395 000	924 000	593 000	154 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 000	0	44 000	44 000
Total Current Assets	6 418 000	4 216 000	3 074 000	1 894 000
Total Assets	6 441 000	4 216 000	3 118 000	1 938 000
Total Retained Equity	3 218 000	1 823 000	899 000	306 000
Total Equity	3 318 000	1 923 000	999 000	406 000
Total Long-Term Debt	0	0	10 000	1 000
Total Current Debt	3 122 000	2 293 000	2 110 000	1 531 000
Total Equity and Debt	6 441 000	4 216 000	3 118 000	1 938 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 148 000	15 350 000	8 856 000	5 987 000
Other Income	6 000	6 000	5 000	1 000
Revenue	20 155 000	15 356 000	8 861 000	5 988 000
Cost of Goods Sold	13 463 000	10 792 000	5 876 000	4 203 000
Salary Costs	2 400 000	1 690 000	1 294 000	861 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	18 298 000	14 173 000	8 117 000	5 789 000
Operating Profit	1 857 000	1 183 000	744 000	199 000
Financial Income	3 000	6 000	32 000	2 000
Financial Costs	5 000	4 000	15 000	3 000
Financial Balance	−2 000	2 000	17 000	−1 000
Dividends	0	0	0	0
Net Income	1 395 000	924 000	593 000	154 000

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	22 000	0	0	0
Total Tangible Assets	22 000	0	0	0
Total Fiancial Fixed Assets	0	0	44 000	44 000
Total Fixed Assets	22 000	0	44 000	44 000
Stock	2 673 000	1 972 000	1 687 000	1 161 000
Total Investments	0	0	0	0
Cash, Bank	1 907 000	1 257 000	704 000	480 000
Total Current Assets	6 418 000	4 216 000	3 074 000	1 894 000
Total Assets	6 441 000	4 216 000	3 118 000	1 938 000
Total Equity	3 318 000	1 923 000	999 000	406 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	10 000	1 000
Creditors	1 964 000	1 177 000	1 323 000	674 000
Unpaid Taxes	419 000	293 000	151 000	99 000
Dividends	0	0	0	0
Other Current Debt	280 000	553 000	477 000	716 000
Total Current Debt	3 122 000	2 293 000	2 110 000	1 531 000
Total Equity and Debt	6 441 000	4 216 000	3 118 000	1 938 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,04 %	48,05 %	59,36 %	37,93 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	9,21 %	7,7 %	8,4 %	3,32 %
Current Ratio	2,06	1,84	1,46	1,24
Quick Ratio	14,29	13,13	7,27	5,12
Equity Ratio	0,52	0,46	0,32	0,21
Gross Profit Margin	33,2 %	29,72 %	33,69 %	29,81 %