JOVIKSKJÆR AS

4276 VEAVÅGEN

Finances

Share Ownership

Return on Equity

239,05 %

Current Ratio

3,5

Debt-to-Equity Ratio

−91,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	716 000	279 000	708 000	139 000
Net Income	−251 000	−307 000	−228 000	−525 000
Total Assets	9 705 000	9 172 000	9 640 000	9 366 000
Total Equity	−105 000	147 000	454 000	682 000

Income (NOK)	2022	2021	2020	2019
Revenue	716 000	279 000	708 000	139 000
Expenditure	795 000	405 000	707 000	486 000
Operating Profit	−80 000	−125 000	1 000	−346 000
Financial Income	0	0	0	0
Financial Costs	243 000	269 000	293 000	327 000
Financial Balance	−243 000	−269 000	−293 000	−327 000
Earnings Before Tax	−322 000	−394 000	−292 000	−673 000
Tax	−71 000	−87 000	−64 000	−148 000
Net Income	−251 000	−307 000	−228 000	−525 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 006 000	9 079 000	9 136 000	9 215 000
Total Current Assets	699 000	93 000	504 000	151 000
Total Assets	9 705 000	9 172 000	9 640 000	9 366 000
Total Retained Equity	−2 105 000	−1 853 000	−1 546 000	−1 318 000
Total Equity	−105 000	147 000	454 000	682 000
Total Long-Term Debt	9 610 000	6 276 000	6 580 000	6 757 000
Total Current Debt	200 000	2 750 000	2 606 000	1 927 000
Total Equity and Debt	9 705 000	9 172 000	9 640 000	9 366 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	716 000	279 000	708 000	139 000
Other Income	0	0	0	0
Revenue	716 000	279 000	708 000	139 000
Cost of Goods Sold	0	0	0	0
Salary Costs	259 000	31 000	248 000	39 000
Depreciation	144 000	144 000	144 000	144 000
Impairment	0	0	0	0
Expenditure	795 000	405 000	707 000	486 000
Operating Profit	−80 000	−125 000	1 000	−346 000
Financial Income	0	0	0	0
Financial Costs	243 000	269 000	293 000	327 000
Financial Balance	−243 000	−269 000	−293 000	−327 000
Dividends	0	0	0	0
Net Income	−251 000	−307 000	−228 000	−525 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 094 000	7 023 000	6 936 000	6 872 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	100 000	119 000	137 000	156 000
Fixtures	0	0	0	0
Total Tangible Assets	1 913 000	2 056 000	2 200 000	2 343 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	9 006 000	9 079 000	9 136 000	9 215 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	699 000	50 000	464 000	85 000
Total Current Assets	699 000	93 000	504 000	151 000
Total Assets	9 705 000	9 172 000	9 640 000	9 366 000
Total Equity	−105 000	147 000	454 000	682 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 610 000	6 276 000	6 580 000	6 757 000
Creditors	44 000	32 000	68 000	0
Unpaid Taxes	100 000	0	94 000	0
Dividends	0	0	0	0
Other Current Debt	56 000	2 718 000	2 444 000	1 927 000
Total Current Debt	200 000	2 750 000	2 606 000	1 927 000
Total Equity and Debt	9 705 000	9 172 000	9 640 000	9 366 000

Financial indicators	2022	2021	2020	2019
Return on Equity	239,05 %	−208,84 %	−50,22 %	−76,98 %
Debt-to-Equity Ratio	−91,52	42,69	14,49	9,91
Operating Profit Margin	−11,17 %	−44,8 %	0,14 %	−248,92 %
Current Ratio	3,5	0,03	0,19	0,08
Quick Ratio	3,5	0,03	0,19	0,08
Equity Ratio	−0,01	0,02	0,05	0,07
Gross Profit Margin	100 %	100 %	100 %	100 %