JETH NORDIC AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

18,92 %

Current Ratio

0,46

Debt-to-Equity Ratio

−0,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 000	143 000	84 000	0
Net Income	−98 000	−59 000	113 000	−42 000
Total Assets	194 000	172 000	84 000	146 000
Total Equity	−518 000	−420 000	−361 000	−474 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 000	143 000	84 000	0
Expenditure	130 000	193 000	−36 000	23 000
Operating Profit	−88 000	−50 000	120 000	−23 000
Financial Income	0	0	0	0
Financial Costs	10 000	9 000	7 000	19 000
Financial Balance	−10 000	−9 000	−7 000	−19 000
Earnings Before Tax	−98 000	−59 000	113 000	−42 000
Tax	0	0	0	0
Net Income	−98 000	−59 000	113 000	−42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	73 000	96 000	17 000	23 000
Total Current Assets	121 000	76 000	67 000	123 000
Total Assets	194 000	172 000	84 000	146 000
Total Retained Equity	−548 000	−450 000	−391 000	−504 000
Total Equity	−518 000	−420 000	−361 000	−474 000
Total Long-Term Debt	450 000	436 000	426 000	243 000
Total Current Debt	261 000	157 000	19 000	377 000
Total Equity and Debt	194 000	172 000	84 000	146 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 000	143 000	84 000	0
Other Income	0	0	0	0
Revenue	42 000	143 000	84 000	0
Cost of Goods Sold	0	21 000	−115 000	0
Salary Costs	0	0	0	0
Depreciation	23 000	6 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	130 000	193 000	−36 000	23 000
Operating Profit	−88 000	−50 000	120 000	−23 000
Financial Income	0	0	0	0
Financial Costs	10 000	9 000	7 000	19 000
Financial Balance	−10 000	−9 000	−7 000	−19 000
Dividends	0	0	0	0
Net Income	−98 000	−59 000	113 000	−42 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	68 000	85 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 000	11 000	17 000	23 000
Total Tangible Assets	5 000	11 000	17 000	23 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	73 000	96 000	17 000	23 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	121 000	76 000	67 000	123 000
Total Assets	194 000	172 000	84 000	146 000
Total Equity	−518 000	−420 000	−361 000	−474 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	450 000	436 000	426 000	243 000
Creditors	1 000	0	18 000	191 000
Unpaid Taxes	0	2 000	2 000	0
Dividends	0	0	0	0
Other Current Debt	161 000	107 000	0	86 000
Total Current Debt	261 000	157 000	19 000	377 000
Total Equity and Debt	194 000	172 000	84 000	146 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,92 %	14,05 %	−31,3 %	8,86 %
Debt-to-Equity Ratio	−0,87	−1,04	−1,18	−0,51
Operating Profit Margin	−209,52 %	−34,97 %	142,86 %	-
Current Ratio	0,46	0,48	3,53	0,33
Quick Ratio	0,46	0,48	3,53	0,33
Equity Ratio	−2,67	−2,44	−4,3	−3,25
Gross Profit Margin	100 %	85,31 %	236,9 %	-