JAGTECH AS

7300 ORKANGER

Finances

Share Ownership

Return on Equity

−26,21 %

Current Ratio

0,67

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 399 000	3 312 000	2 098 000	351 000
Net Income	−1 497 000	−2 864 000	437 000	−3 969 000
Total Assets	10 366 000	9 295 000	9 441 000	10 404 000
Total Equity	5 711 000	6 008 000	8 872 000	9 577 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 399 000	3 312 000	2 098 000	351 000
Expenditure	6 241 000	7 395 000	5 058 000	5 457 000
Operating Profit	−1 432 000	−2 848 000	454 000	−5 107 000
Financial Income	5 000	3 000	4 000	2 000
Financial Costs	70 000	19 000	20 000	4 000
Financial Balance	−65 000	−16 000	−16 000	−2 000
Earnings Before Tax	−1 497 000	−2 864 000	437 000	−5 109 000
Tax	0	0	0	−1 141 000
Net Income	−1 497 000	−2 864 000	437 000	−3 969 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 268 000	6 265 000	5 233 000	3 892 000
Total Current Assets	3 098 000	3 030 000	4 208 000	6 512 000
Total Assets	10 366 000	9 295 000	9 441 000	10 404 000
Total Retained Equity	0	0	0	0
Total Equity	5 711 000	6 008 000	8 872 000	9 577 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 655 000	3 286 000	569 000	827 000
Total Equity and Debt	10 366 000	9 295 000	9 441 000	10 404 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 399 000	2 816 000	2 098 000	351 000
Other Income	0	496 000	0	0
Revenue	3 399 000	3 312 000	2 098 000	351 000
Cost of Goods Sold	1 093 000	628 000	1 042 000	387 000
Salary Costs	2 417 000	3 782 000	2 325 000	2 745 000
Depreciation	479 000	182 000	182 000	0
Impairment	0	0	0	0
Expenditure	6 241 000	7 395 000	5 058 000	5 457 000
Operating Profit	−1 432 000	−2 848 000	454 000	−5 107 000
Financial Income	5 000	3 000	4 000	2 000
Financial Costs	70 000	19 000	20 000	4 000
Financial Balance	−65 000	−16 000	−16 000	−2 000
Dividends	0	0	0	0
Net Income	−1 497 000	−2 864 000	437 000	−3 969 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 399 000	6 265 000	5 213 000	3 872 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	870 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	870 000	0	0	0
Total Fiancial Fixed Assets	0	0	20 000	20 000
Total Fixed Assets	7 268 000	6 265 000	5 233 000	3 892 000
Stock	735 000	343 000	362 000	283 000
Total Investments	0	0	0	0
Cash, Bank	115 000	715 000	1 540 000	5 903 000
Total Current Assets	3 098 000	3 030 000	4 208 000	6 512 000
Total Assets	10 366 000	9 295 000	9 441 000	10 404 000
Total Equity	5 711 000	6 008 000	8 872 000	9 577 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	475 000	906 000	28 000	332 000
Unpaid Taxes	240 000	304 000	316 000	216 000
Dividends	0	0	0	0
Other Current Debt	1 971 000	2 077 000	225 000	279 000
Total Current Debt	4 655 000	3 286 000	569 000	827 000
Total Equity and Debt	10 366 000	9 295 000	9 441 000	10 404 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−26,21 %	−47,67 %	4,93 %	−41,44 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−42,13 %	−85,99 %	21,64 %	−1 454,99 %
Current Ratio	0,67	0,92	7,4	7,87
Quick Ratio	0,79	1,03	20,33	11,97
Equity Ratio	0,55	0,65	0,94	0,92
Gross Profit Margin	67,84 %	81,04 %	50,33 %	−10,26 %