Workr AS
ASDissolvedOrg 926820273Ryensvingen 11, 0680 OsloOther postal and courier activities· NACE 5320Est. 2021 · 5 years old0 employees
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Overview
Workr AS is a Norwegian AS based in Oslo, operating in the Other postal and courier activities sector. Incorporated in 2021, the company has 0 employees and reported revenue of NOK 2.9m in its latest annual filing.
Revenue 2021
2.9M NOK
EBITDA margin
2.4 %
Net profit 2021
0M NOK
0 employees
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
-9.1 %
Very weakAmong the 20% lowest rated companies in the industry
20212021
Liquidity ratioCurrent assets ÷ Short-term debt
0.7×
Very weakAmong the 20% lowest rated companies in the industry
20212021
Return on assets (ROA)Net profit ÷ Total assets × 100
15.5 %
StrongAmong the 30% highest rated companies in the industry
20212021
EBITDA — year on year
NOK thousandsKey figures
Annual report 2021| Revenue | 2.9M NOK | — |
| EBITDA | 0.1M NOK | — |
| Net profit | 0M NOK | — |
| Total assets | 0.3M NOK | — |
| Equity | -0M NOK | — |
| Employees | 0 | — |
Company information
Legal name
WORKR AS
Org number
926820273
Legal form
Aksjeselskap
NACE code
Founded
1 March 2021 · 5 years
Share capital
—
Employees
0 (FTE)
VAT registered
No
Audit selected
No
Last report
2021-12-31
Financial year
January – December
Signatory rights
Daniel risan skogen
Company purpose
Transport- og entreprenørvirksomhet. I tillegg skal selskapet drive med utleie av personell / bemanningsbyrå, og alt annet som naturlig hører sammen med dette , herunder å delta i andre selskap med lignende virksomhet. Dessuten kjøp og salg av aksjer eller på annen måte gjøre seg interessert i andre foretak.
(no translation available)
Contact
Address
Ryensvingen 11, 0680 Oslo
Phone
+47 98 81 13 33
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Financial development
In its most recent annual report (2021), Workr AS reported revenue of NOK 2.9m. The bottom line showed a net profit of NOK 44.1k, and the EBITDA margin stood at 2.4%.
At the end of 2021, current assets covered short-term debt 0.7 times.
Financials
Revenue
NOK thousandsEBITDA
NOK thousandsIncome statement
NOK thousands| Item | 2021 |
|---|---|
| Revenue | 2,945 |
| Staff expenses | -788 |
| EBITDA | 72 |
| Depreciation & amort. | -5 |
| EBIT | 67 |
| Net financials | -2 |
| Profit before tax | 65 |
| Tax | 21 |
| Net profit | 44 |
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Balance sheet
NOK thousands| Item | 2021 |
|---|---|
| Total assets | 285 |
| Equity | -26 |
| Long-term debt | 3 |
| Short-term debt | 307 |
| Total debt | 310 |
Financial ratios
5-year trendEBITDA margin
2.4 %
20212021
Equity ratio
-9.1 %
Very weakAmong the 20% lowest rated companies in the industry
20212021
Return on equity
—
20212021
Net profit margin
1.5 %
AverageAround the average of companies in the same industry
20212021
Asset turnover
10.35×
Very strongAmong the 10% highest rated companies in the industry
20212021
Debt / equity
—
20212021
Sector performance
17 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginAverage
Around the average of companies in the same industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginWeak
Among the 40% lowest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginAverage
Around the average of companies in the same industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on assets (ROA)Strong
Among the 30% highest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Basic earning power (BEP)Very strong
Among the 20% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioAverage
Around the average of companies in the same industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Return on equity (ROE)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on net assets (RONA)Not rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Liquidity
Current ratioVery weak
Among the 20% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioWeak
Among the 30% lowest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioAverage
Around the average of companies in the same industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Cash conversion ratioStrong
Among the 30% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Current assets to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Debt & solvency
Solidity ratioVery weak
Among the 20% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioVery weak
Among the 20% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Income to debtStrong
Among the 40% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtStrong
Among the 40% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery strong
Among the 20% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Debt to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Interest rate on debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverVery strong
Among the 10% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Equity to contributed capitalVery weak
Among the 20% lowest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
One-year change in equityNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's equity.
One-year change in debtNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
DR Chief Executive Officer | Chief Executive Officer | 2021 |
Former (2)
BP Chief Executive Officer | Chief Executive Officer | 2021 – 2021 |
BE Chief Executive Officer | Chief Executive Officer | 2021 – 2021 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
DR Chairman | Chairman | 2021 |
Former (1)
BP Chairman | Chairman | 2021 – 2021 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2021 |
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Related companies
Company hierarchy
Skogen Holding As
Workr AS Board network connections
Board members of Workr AS also hold positions in 11 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Bernt Eikeland | Chief Executive Officer | 6 companiesMany roles |
| Daniel Risan Skogen | Chief Executive Officer | 3 companies |
| Berit Pettersen | Chief Executive Officer | 2 companies |
Frequently asked questions
What is the Org number of Workr AS?
Workr AS is registered with Brønnøysundsregistrene under Org 926820273.
What is the revenue of Workr AS?
Workr AS reported revenue of NOK 2.9m in 2021.
Who is the CEO of Workr AS?
Daniel Risan Skogen is the CEO of Workr AS.
Who is the chairman of Workr AS?
Daniel Risan Skogen chairs the board of Workr AS.
Where is Workr AS headquartered?
Workr AS's registered address is Ryensvingen 11.