JV UTVIKLING AS

1739 BORGENHAUGEN

Finances

Return on Equity

38,86 %

Current Ratio

3,91

Debt-to-Equity Ratio

0,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 793 000	19 154 000	14 260 000	8 240 000
Net Income	5 761 000	5 201 000	2 523 000	2 105 000
Total Assets	25 569 000	23 507 000	27 491 000	25 467 000
Total Equity	14 826 000	9 845 000	4 644 000	2 121 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 793 000	19 154 000	14 260 000	8 240 000
Expenditure	17 060 000	8 129 000	12 258 000	24 280 000
Operating Profit	7 672 000	7 075 000	4 009 000	3 098 000
Financial Income	0	5 000	0	0
Financial Costs	285 000	412 000	773 000	401 000
Financial Balance	−285 000	−407 000	−773 000	−401 000
Earnings Before Tax	7 387 000	6 668 000	3 236 000	2 698 000
Tax	1 625 000	1 467 000	713 000	593 000
Net Income	5 761 000	5 201 000	2 523 000	2 105 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 395 000	0	0	0
Total Current Assets	20 174 000	23 507 000	27 491 000	25 467 000
Total Assets	25 569 000	23 507 000	27 491 000	25 467 000
Total Retained Equity	14 806 000	9 825 000	4 624 000	2 101 000
Total Equity	14 826 000	9 845 000	4 644 000	2 121 000
Total Long-Term Debt	5 585 000	6 254 000	9 102 000	5 113 000
Total Current Debt	5 158 000	7 408 000	13 745 000	18 233 000
Total Equity and Debt	25 569 000	23 507 000	27 491 000	25 467 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 793 000	19 154 000	14 260 000	8 240 000
Other Income	0	0	0	0
Revenue	34 793 000	19 154 000	14 260 000	8 240 000
Cost of Goods Sold	16 896 000	7 922 000	11 945 000	23 945 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	17 060 000	8 129 000	12 258 000	24 280 000
Operating Profit	7 672 000	7 075 000	4 009 000	3 098 000
Financial Income	0	5 000	0	0
Financial Costs	285 000	412 000	773 000	401 000
Financial Balance	−285 000	−407 000	−773 000	−401 000
Dividends	0	0	0	0
Net Income	5 761 000	5 201 000	2 523 000	2 105 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	5 395 000	0	0	0
Total Fixed Assets	5 395 000	0	0	0
Stock	6 639 000	16 407 000	20 548 000	19 665 000
Total Investments	0	0	0	0
Cash, Bank	8 027 000	1 346 000	1 381 000	1 364 000
Total Current Assets	20 174 000	23 507 000	27 491 000	25 467 000
Total Assets	25 569 000	23 507 000	27 491 000	25 467 000
Total Equity	14 826 000	9 845 000	4 644 000	2 121 000
Short-Term Group Debt	1 000 000	0	0	0
Total Long-Term Debt	5 585 000	6 254 000	9 102 000	5 113 000
Creditors	1 311 000	2 697 000	2 333 000	4 758 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 442 000	415 000	2 372 000	2 064 000
Total Current Debt	5 158 000	7 408 000	13 745 000	18 233 000
Total Equity and Debt	25 569 000	23 507 000	27 491 000	25 467 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,86 %	52,83 %	54,33 %	99,25 %
Debt-to-Equity Ratio	0,38	0,64	1,96	2,41
Operating Profit Margin	22,05 %	36,94 %	28,11 %	37,6 %
Current Ratio	3,91	3,17	2	1,4
Quick Ratio	−13,62	−2,61	−4,04	−17,78
Equity Ratio	0,58	0,42	0,17	0,08
Gross Profit Margin	51,44 %	58,64 %	16,23 %	−190,59 %