JOWA AS

9322 KARLSTAD

Finances

Share Ownership

Return on Equity

−6,52 %

Current Ratio

1,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 747 000	7 397 000	8 054 000	5 936 000
Net Income	−84 000	5 000	667 000	204 000
Total Assets	4 210 000	4 086 000	4 978 000	3 626 000
Total Equity	1 288 000	1 372 000	1 867 000	1 200 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 747 000	7 397 000	8 054 000	5 936 000
Expenditure	6 828 000	7 502 000	7 184 000	5 670 000
Operating Profit	−81 000	−105 000	869 000	266 000
Financial Income	−1 000	2 000	6 000	6 000
Financial Costs	25 000	31 000	21 000	11 000
Financial Balance	−26 000	−29 000	−15 000	−5 000
Earnings Before Tax	−108 000	−135 000	855 000	262 000
Tax	−24 000	−140 000	188 000	58 000
Net Income	−84 000	5 000	667 000	204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	256 000	171 000	146 000	88 000
Total Current Assets	3 953 000	3 915 000	4 832 000	3 538 000
Total Assets	4 210 000	4 086 000	4 978 000	3 626 000
Total Retained Equity	1 258 000	1 342 000	1 837 000	1 170 000
Total Equity	1 288 000	1 372 000	1 867 000	1 200 000
Total Long-Term Debt	0	79 000	379 000	4 000
Total Current Debt	2 922 000	2 635 000	2 732 000	2 422 000
Total Equity and Debt	4 210 000	4 086 000	4 978 000	3 626 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 741 000	7 388 000	8 048 000	5 936 000
Other Income	6 000	9 000	6 000	0
Revenue	6 747 000	7 397 000	8 054 000	5 936 000
Cost of Goods Sold	4 594 000	5 315 000	5 228 000	3 512 000
Salary Costs	1 359 000	1 249 000	912 000	1 254 000
Depreciation	38 000	7 000	30 000	11 000
Impairment	0	0	0	0
Expenditure	6 828 000	7 502 000	7 184 000	5 670 000
Operating Profit	−81 000	−105 000	869 000	266 000
Financial Income	−1 000	2 000	6 000	6 000
Financial Costs	25 000	31 000	21 000	11 000
Financial Balance	−26 000	−29 000	−15 000	−5 000
Dividends	0	0	0	0
Net Income	−84 000	5 000	667 000	204 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	160 000	136 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	80 000	0	0	0
Fixtures	16 000	34 000	53 000	71 000
Total Tangible Assets	96 000	34 000	141 000	71 000
Total Fiancial Fixed Assets	0	0	5 000	17 000
Total Fixed Assets	256 000	171 000	146 000	88 000
Stock	3 195 000	3 329 000	4 252 000	3 256 000
Total Investments	0	0	0	0
Cash, Bank	277 000	546 000	371 000	239 000
Total Current Assets	3 953 000	3 915 000	4 832 000	3 538 000
Total Assets	4 210 000	4 086 000	4 978 000	3 626 000
Total Equity	1 288 000	1 372 000	1 867 000	1 200 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	79 000	379 000	4 000
Creditors	1 042 000	877 000	593 000	472 000
Unpaid Taxes	134 000	75 000	69 000	67 000
Dividends	0	0	0	0
Other Current Debt	1 744 000	1 677 000	1 882 000	1 825 000
Total Current Debt	2 922 000	2 635 000	2 732 000	2 422 000
Total Equity and Debt	4 210 000	4 086 000	4 978 000	3 626 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,52 %	0,36 %	35,73 %	17 %
Debt-to-Equity Ratio	0	0,06	0,2	0
Operating Profit Margin	−1,2 %	−1,42 %	10,79 %	4,48 %
Current Ratio	1,35	1,49	1,77	1,46
Quick Ratio	−14,48	−5,64	−3,18	−4,24
Equity Ratio	0,31	0,34	0,38	0,33
Gross Profit Margin	31,91 %	28,15 %	35,09 %	40,84 %