JVK INVEST AS

7300 ORKANGER

Finances

Return on Equity

32,07 %

Current Ratio

5 816

Debt-to-Equity Ratio

2,22

Key figures (NOK)	2021	2020	2019	2018
Revenue	846 000	1 322 000	1 119 000	994 000
Net Income	1 735 000	41 000	62 000	−24 000
Total Assets	17 408 000	19 617 000	9 811 000	3 816 000
Total Equity	5 410 000	133 000	92 000	30 000

Income (NOK)	2021	2020	2019	2018
Revenue	846 000	1 322 000	1 119 000	994 000
Expenditure	741 000	1 144 000	984 000	982 000
Operating Profit	104 000	178 000	135 000	11 000
Financial Income	2 002 000	4 000	11 000	0
Financial Costs	371 000	130 000	64 000	35 000
Financial Balance	1 631 000	−126 000	−53 000	−35 000
Earnings Before Tax	1 735 000	52 000	82 000	−24 000
Tax	0	11 000	20 000	0
Net Income	1 735 000	41 000	62 000	−24 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	11 592 000	11 512 000	8 381 000	3 528 000
Total Current Assets	5 816 000	8 105 000	1 429 000	288 000
Total Assets	17 408 000	19 617 000	9 811 000	3 816 000
Total Retained Equity	1 880 000	103 000	62 000	0
Total Equity	5 410 000	133 000	92 000	30 000
Total Long-Term Debt	11 997 000	19 467 000	9 719 000	3 786 000
Total Current Debt	1 000	17 000	0	0
Total Equity and Debt	17 408 000	19 617 000	9 811 000	3 816 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	260 000	808 000	946 000	922 000
Other Income	586 000	514 000	173 000	72 000
Revenue	846 000	1 322 000	1 119 000	994 000
Cost of Goods Sold	289 000	655 000	656 000	153 000
Salary Costs	0	0	0	0
Depreciation	42 000	108 000	0	0
Impairment	0	92 000	0	0
Expenditure	741 000	1 144 000	984 000	982 000
Operating Profit	104 000	178 000	135 000	11 000
Financial Income	2 002 000	4 000	11 000	0
Financial Costs	371 000	130 000	64 000	35 000
Financial Balance	1 631 000	−126 000	−53 000	−35 000
Dividends	0	0	0	0
Net Income	1 735 000	41 000	62 000	−24 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 159 000	9 799 000	6 569 000	3 391 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	277 000	537 000	736 000	137 000
Total Tangible Assets	10 436 000	10 336 000	7 305 000	3 528 000
Total Fiancial Fixed Assets	1 156 000	1 176 000	1 076 000	0
Total Fixed Assets	11 592 000	11 512 000	8 381 000	3 528 000
Stock	144 000	144 000	144 000	144 000
Total Investments	0	0	0	0
Cash, Bank	642 000	89 000	1 142 000	143 000
Total Current Assets	5 816 000	8 105 000	1 429 000	288 000
Total Assets	17 408 000	19 617 000	9 811 000	3 816 000
Total Equity	5 410 000	133 000	92 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 997 000	19 467 000	9 719 000	3 786 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	1 000	17 000	0	0
Total Equity and Debt	17 408 000	19 617 000	9 811 000	3 816 000

Financial indicators	2021	2020	2019	2018
Return on Equity	32,07 %	30,83 %	67,39 %	−80 %
Debt-to-Equity Ratio	2,22	146,37	105,64	126,2
Operating Profit Margin	12,29 %	13,46 %	12,06 %	1,11 %
Current Ratio	5 816	476,76	-	-
Quick Ratio	−40,67	−63,82	−9,92	−2
Equity Ratio	0,31	0,01	0,01	0,01
Gross Profit Margin	65,84 %	50,45 %	41,38 %	84,61 %