JOTUNHEIMEN SYSTEMS AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

244,07 %

Current Ratio

1,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	423 000	256 000	16 000	72 000
Net Income	144 000	115 000	−64 000	−36 000
Total Assets	243 000	220 000	9 000	39 000
Total Equity	59 000	59 000	−56 000	44 000

Income (NOK)	2022	2021	2020	2019
Revenue	423 000	256 000	16 000	72 000
Expenditure	238 000	122 000	65 000	119 000
Operating Profit	184 000	134 000	−50 000	−48 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	0
Financial Balance	0	0	−2 000	0
Earnings Before Tax	184 000	134 000	−52 000	−48 000
Tax	41 000	18 000	12 000	−12 000
Net Income	144 000	115 000	−64 000	−36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	12 000
Total Current Assets	243 000	220 000	9 000	28 000
Total Assets	243 000	220 000	9 000	39 000
Total Retained Equity	14 000	14 000	−100 000	−36 000
Total Equity	59 000	59 000	−56 000	44 000
Total Long-Term Debt	0	0	30 000	19 000
Total Current Debt	184 000	161 000	35 000	12 000
Total Equity and Debt	243 000	220 000	9 000	76 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	16 000	72 000
Other Income	423 000	256 000	0	0
Revenue	423 000	256 000	16 000	72 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	5 000	57 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	238 000	122 000	65 000	119 000
Operating Profit	184 000	134 000	−50 000	−48 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	0
Financial Balance	0	0	−2 000	0
Dividends	0	0	0	0
Net Income	144 000	115 000	−64 000	−36 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	12 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	12 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	37 000	0	−1 000	8 000
Total Current Assets	243 000	220 000	9 000	28 000
Total Assets	243 000	220 000	9 000	39 000
Total Equity	59 000	59 000	−56 000	44 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	30 000	19 000
Creditors	0	5 000	34 000	10 000
Unpaid Taxes	0	0	0	−2 000
Dividends	0	0	0	0
Other Current Debt	184 000	156 000	0	4 000
Total Current Debt	184 000	161 000	35 000	12 000
Total Equity and Debt	243 000	220 000	9 000	76 000

Financial indicators	2022	2021	2020	2019
Return on Equity	244,07 %	194,92 %	114,29 %	−81,82 %
Debt-to-Equity Ratio	0	0	−0,54	0,43
Operating Profit Margin	43,5 %	52,34 %	−312,5 %	−66,67 %
Current Ratio	1,32	1,37	0,26	2,33
Quick Ratio	1,32	1,37	0,26	2,33
Equity Ratio	0,24	0,27	−6,22	1,13
Gross Profit Margin	100 %	100 %	100 %	100 %