WORLD SEARCH GROUP SCANDINAVIA AS

7010 TRONDHEIM

Finances

Share Ownership

Return on Equity

−7,5 %

Current Ratio

1,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 561 000	1 142 000	1 979 000	2 501 000
Net Income	−9 000	33 000	36 000	46 000
Total Assets	259 000	196 000	245 000	414 000
Total Equity	120 000	129 000	97 000	61 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 561 000	1 142 000	1 979 000	2 501 000
Expenditure	1 573 000	1 097 000	1 927 000	2 435 000
Operating Profit	−11 000	44 000	52 000	67 000
Financial Income	4 000	0	0	1 000
Financial Costs	3 000	0	4 000	1 000
Financial Balance	1 000	0	−4 000	0
Earnings Before Tax	−11 000	44 000	48 000	67 000
Tax	−1 000	11 000	12 000	21 000
Net Income	−9 000	33 000	36 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	64 000	69 000	126 000
Total Current Assets	255 000	133 000	176 000	288 000
Total Assets	259 000	196 000	245 000	414 000
Total Retained Equity	90 000	99 000	67 000	31 000
Total Equity	120 000	129 000	97 000	61 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	139 000	67 000	149 000	354 000
Total Equity and Debt	259 000	196 000	245 000	414 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 513 000	810 000	1 623 000	2 465 000
Other Income	48 000	332 000	356 000	36 000
Revenue	1 561 000	1 142 000	1 979 000	2 501 000
Cost of Goods Sold	1 221 000	600 000	1 252 000	854 000
Salary Costs	1 000	12 000	29 000	695 000
Depreciation	6 000	6 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	1 573 000	1 097 000	1 927 000	2 435 000
Operating Profit	−11 000	44 000	52 000	67 000
Financial Income	4 000	0	0	1 000
Financial Costs	3 000	0	4 000	1 000
Financial Balance	1 000	0	−4 000	0
Dividends	0	0	0	0
Net Income	−9 000	33 000	36 000	46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	1 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 000	8 000	14 000	20 000
Total Tangible Assets	2 000	8 000	14 000	20 000
Total Fiancial Fixed Assets	0	55 000	55 000	106 000
Total Fixed Assets	4 000	64 000	69 000	126 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	10 000	14 000	102 000
Total Current Assets	255 000	133 000	176 000	288 000
Total Assets	259 000	196 000	245 000	414 000
Total Equity	120 000	129 000	97 000	61 000
Short-Term Group Debt	0	4 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	138 000	30 000	36 000	152 000
Unpaid Taxes	0	0	20 000	64 000
Dividends	0	0	0	0
Other Current Debt	1 000	21 000	80 000	117 000
Total Current Debt	139 000	67 000	149 000	354 000
Total Equity and Debt	259 000	196 000	245 000	414 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,5 %	25,58 %	37,11 %	75,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−0,7 %	3,85 %	2,63 %	2,68 %
Current Ratio	1,83	1,99	1,18	0,81
Quick Ratio	1,83	1,99	1,18	0,81
Equity Ratio	0,46	0,66	0,4	0,15
Gross Profit Margin	21,78 %	47,46 %	36,74 %	65,85 %