JOO INVEST AS

3941 PORSGRUNN

Finances

Return on Equity

14,05 %

Current Ratio

7,2

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	60 000	100 000	0	25 000
Net Income	528 000	2 881 000	132 000	15 000
Total Assets	4 015 000	7 192 000	1 119 000	902 000
Total Equity	3 759 000	3 267 000	386 000	254 000

Income (NOK)	2022	2021	2020	2019
Revenue	60 000	100 000	0	25 000
Expenditure	30 000	95 000	34 000	18 000
Operating Profit	30 000	5 000	−34 000	7 000
Financial Income	525 000	2 922 000	205 000	41 000
Financial Costs	26 000	46 000	44 000	28 000
Financial Balance	499 000	2 876 000	161 000	13 000
Earnings Before Tax	528 000	2 881 000	127 000	19 000
Tax	0	0	−4 000	4 000
Net Income	528 000	2 881 000	132 000	15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 690 000	4 183 000	821 000	901 000
Total Current Assets	324 000	3 009 000	298 000	1 000
Total Assets	4 015 000	7 192 000	1 119 000	902 000
Total Retained Equity	3 729 000	3 237 000	356 000	224 000
Total Equity	3 759 000	3 267 000	386 000	254 000
Total Long-Term Debt	210 000	713 000	679 000	610 000
Total Current Debt	45 000	3 212 000	54 000	38 000
Total Equity and Debt	4 015 000	7 192 000	1 119 000	902 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	60 000	100 000	0	25 000
Other Income	0	0	0	0
Revenue	60 000	100 000	0	25 000
Cost of Goods Sold	0	50 000	0	0
Salary Costs	0	0	0	0
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	30 000	95 000	34 000	18 000
Operating Profit	30 000	5 000	−34 000	7 000
Financial Income	525 000	2 922 000	205 000	41 000
Financial Costs	26 000	46 000	44 000	28 000
Financial Balance	499 000	2 876 000	161 000	13 000
Dividends	35 000	0	0	0
Net Income	528 000	2 881 000	132 000	15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	55 000	0	0	0
Total Tangible Assets	55 000	0	0	0
Total Fiancial Fixed Assets	3 636 000	4 183 000	821 000	901 000
Total Fixed Assets	3 690 000	4 183 000	821 000	901 000
Stock	0	0	50 000	0
Total Investments	0	0	0	0
Cash, Bank	124 000	129 000	84 000	1 000
Total Current Assets	324 000	3 009 000	298 000	1 000
Total Assets	4 015 000	7 192 000	1 119 000	902 000
Total Equity	3 759 000	3 267 000	386 000	254 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	210 000	713 000	679 000	610 000
Creditors	8 000	2 000	0	4 000
Unpaid Taxes	0	0	0	0
Dividends	35 000	0	0	0
Other Current Debt	3 000	3 210 000	54 000	29 000
Total Current Debt	45 000	3 212 000	54 000	38 000
Total Equity and Debt	4 015 000	7 192 000	1 119 000	902 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,05 %	88,18 %	34,2 %	5,91 %
Debt-to-Equity Ratio	0,06	0,22	1,76	2,4
Operating Profit Margin	50 %	5 %	-	28 %
Current Ratio	7,2	0,94	5,52	0,03
Quick Ratio	7,2	0,94	74,5	0,03
Equity Ratio	0,94	0,45	0,34	0,28
Gross Profit Margin	100 %	50 %	-	100 %