JOVO AS

2016 FROGNER

Finances

Share Ownership

Return on Equity

68,66 %

Current Ratio

1,59

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 464 000	2 271 000	1 958 000	1 485 000
Net Income	287 000	246 000	90 000	0
Total Assets	1 210 000	931 000	464 000	361 000
Total Equity	418 000	131 000	−193 000	−105 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 464 000	2 271 000	1 958 000	1 485 000
Expenditure	2 170 000	2 070 000	1 829 000	1 386 000
Operating Profit	295 000	200 000	129 000	100 000
Financial Income	0	0	0	0
Financial Costs	6 000	6 000	0	0
Financial Balance	−6 000	−6 000	0	0
Earnings Before Tax	289 000	194 000	129 000	100 000
Tax	2 000	−52 000	39 000	100 000
Net Income	287 000	246 000	90 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	71 000	106 000	0	0
Total Current Assets	1 138 000	825 000	464 000	361 000
Total Assets	1 210 000	931 000	464 000	361 000
Total Retained Equity	388 000	107 000	−218 000	−129 000
Total Equity	418 000	131 000	−193 000	−105 000
Total Long-Term Debt	76 000	108 000	0	0
Total Current Debt	716 000	692 000	657 000	466 000
Total Equity and Debt	1 210 000	931 000	464 000	361 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 464 000	2 271 000	1 958 000	1 485 000
Other Income	0	0	0	0
Revenue	2 464 000	2 271 000	1 958 000	1 485 000
Cost of Goods Sold	0	0	1 000	0
Salary Costs	1 859 000	1 868 000	1 673 000	1 223 000
Depreciation	34 000	31 000	0	0
Impairment	0	0	0	0
Expenditure	2 170 000	2 070 000	1 829 000	1 386 000
Operating Profit	295 000	200 000	129 000	100 000
Financial Income	0	0	0	0
Financial Costs	6 000	6 000	0	0
Financial Balance	−6 000	−6 000	0	0
Dividends	0	0	178 000	78 000
Net Income	287 000	246 000	90 000	0

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	71 000	106 000	0	0
Total Tangible Assets	71 000	106 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	71 000	106 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 138 000	834 000	460 000	359 000
Total Current Assets	1 138 000	825 000	464 000	361 000
Total Assets	1 210 000	931 000	464 000	361 000
Total Equity	418 000	131 000	−193 000	−105 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	76 000	108 000	0	0
Creditors	195 000	139 000	0	3 000
Unpaid Taxes	247 000	259 000	165 000	147 000
Dividends	0	0	178 000	78 000
Other Current Debt	275 000	250 000	185 000	138 000
Total Current Debt	716 000	692 000	657 000	466 000
Total Equity and Debt	1 210 000	931 000	464 000	361 000

Financial indicators	2022	2021	2020	2019
Return on Equity	68,66 %	187,79 %	−46,63 %	−0 %
Debt-to-Equity Ratio	0,18	0,82	−0	−0
Operating Profit Margin	11,97 %	8,81 %	6,59 %	6,73 %
Current Ratio	1,59	1,19	0,71	0,77
Quick Ratio	1,59	1,19	0,71	0,77
Equity Ratio	0,35	0,14	−0,42	−0,29
Gross Profit Margin	100 %	100 %	99,95 %	100 %