JS PIANO SCANDINAVIA AS

0161 OSLO

Finances

Share Ownership

Return on Equity

20,36 %

Current Ratio

3,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 955 000	25 374 000	16 943 000	14 106 000
Net Income	2 484 000	4 007 000	1 600 000	885 000
Total Assets	17 652 000	18 972 000	17 847 000	14 236 000
Total Equity	12 198 000	12 214 000	8 206 000	6 606 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 955 000	25 374 000	16 943 000	14 106 000
Expenditure	18 575 000	20 513 000	14 543 000	12 948 000
Operating Profit	3 380 000	4 860 000	2 401 000	1 158 000
Financial Income	49 000	296 000	−286 000	44 000
Financial Costs	243 000	18 000	63 000	69 000
Financial Balance	−194 000	278 000	−349 000	−25 000
Earnings Before Tax	3 186 000	5 138 000	2 052 000	1 134 000
Tax	701 000	1 131 000	451 000	250 000
Net Income	2 484 000	4 007 000	1 600 000	885 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	23 000	35 000	53 000
Total Current Assets	17 637 000	18 948 000	17 812 000	14 182 000
Total Assets	17 652 000	18 972 000	17 847 000	14 236 000
Total Retained Equity	12 098 000	12 114 000	8 106 000	6 506 000
Total Equity	12 198 000	12 214 000	8 206 000	6 606 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 454 000	6 758 000	9 641 000	7 630 000
Total Equity and Debt	17 652 000	18 972 000	17 847 000	14 236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 688 000	25 116 000	16 918 000	14 075 000
Other Income	266 000	258 000	25 000	31 000
Revenue	21 955 000	25 374 000	16 943 000	14 106 000
Cost of Goods Sold	13 873 000	15 948 000	10 812 000	9 476 000
Salary Costs	2 601 000	2 529 000	1 673 000	1 528 000
Depreciation	6 000	14 000	14 000	10 000
Impairment	0	0	0	0
Expenditure	18 575 000	20 513 000	14 543 000	12 948 000
Operating Profit	3 380 000	4 860 000	2 401 000	1 158 000
Financial Income	49 000	296 000	−286 000	44 000
Financial Costs	243 000	18 000	63 000	69 000
Financial Balance	−194 000	278 000	−349 000	−25 000
Dividends	0	0	0	0
Net Income	2 484 000	4 007 000	1 600 000	885 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	10 000	8 000	13 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	8 000	13 000	27 000	41 000
Total Tangible Assets	8 000	13 000	27 000	41 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	23 000	35 000	53 000
Stock	8 712 000	8 090 000	7 358 000	6 742 000
Total Investments	0	0	0	0
Cash, Bank	2 424 000	3 265 000	5 666 000	2 385 000
Total Current Assets	17 637 000	18 948 000	17 812 000	14 182 000
Total Assets	17 652 000	18 972 000	17 847 000	14 236 000
Total Equity	12 198 000	12 214 000	8 206 000	6 606 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 817 000	3 193 000	6 188 000	5 360 000
Unpaid Taxes	2 009 000	1 724 000	1 172 000	1 602 000
Dividends	0	0	0	0
Other Current Debt	931 000	709 000	1 835 000	421 000
Total Current Debt	5 454 000	6 758 000	9 641 000	7 630 000
Total Equity and Debt	17 652 000	18 972 000	17 847 000	14 236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,36 %	32,81 %	19,5 %	13,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,4 %	19,15 %	14,17 %	8,21 %
Current Ratio	3,23	2,8	1,85	1,86
Quick Ratio	−5,41	−14,23	7,8	15,97
Equity Ratio	0,69	0,64	0,46	0,46
Gross Profit Margin	36,81 %	37,15 %	36,19 %	32,82 %