JOALCO AS

4517 MANDAL

Finances

Share Ownership

Return on Equity

41,83 %

Current Ratio

1,66

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 286 000	921 000	628 000	149 000
Net Income	151 000	148 000	−4 000	36 000
Total Assets	720 000	618 000	464 000	233 000
Total Equity	361 000	210 000	62 000	66 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 286 000	921 000	628 000	149 000
Expenditure	1 084 000	725 000	627 000	102 000
Operating Profit	202 000	195 000	1 000	46 000
Financial Income	0	0	1 000	0
Financial Costs	4 000	5 000	6 000	0
Financial Balance	−4 000	−5 000	−5 000	0
Earnings Before Tax	198 000	190 000	−4 000	46 000
Tax	47 000	42 000	0	10 000
Net Income	151 000	148 000	−4 000	36 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	123 000	138 000	184 000	29 000
Total Current Assets	597 000	481 000	280 000	204 000
Total Assets	720 000	618 000	464 000	233 000
Total Retained Equity	331 000	180 000	32 000	36 000
Total Equity	361 000	210 000	62 000	66 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	359 000	408 000	402 000	167 000
Total Equity and Debt	720 000	618 000	464 000	233 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 286 000	921 000	628 000	149 000
Other Income	0	0	0	0
Revenue	1 286 000	921 000	628 000	149 000
Cost of Goods Sold	656 000	402 000	353 000	63 000
Salary Costs	40 000	52 000	0	0
Depreciation	52 000	46 000	39 000	7 000
Impairment	0	0	0	0
Expenditure	1 084 000	725 000	627 000	102 000
Operating Profit	202 000	195 000	1 000	46 000
Financial Income	0	0	1 000	0
Financial Costs	4 000	5 000	6 000	0
Financial Balance	−4 000	−5 000	−5 000	0
Dividends	0	0	0	0
Net Income	151 000	148 000	−4 000	36 000

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	123 000	138 000	184 000	29 000
Total Tangible Assets	123 000	138 000	184 000	29 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	123 000	138 000	184 000	29 000
Stock	290 000	215 000	140 000	67 000
Total Investments	0	0	0	0
Cash, Bank	227 000	197 000	24 000	44 000
Total Current Assets	597 000	481 000	280 000	204 000
Total Assets	720 000	618 000	464 000	233 000
Total Equity	361 000	210 000	62 000	66 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	14 000	4 000	20 000	5 000
Unpaid Taxes	39 000	46 000	15 000	6 000
Dividends	0	0	0	0
Other Current Debt	258 000	316 000	366 000	145 000
Total Current Debt	359 000	408 000	402 000	167 000
Total Equity and Debt	720 000	618 000	464 000	233 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,83 %	70,48 %	−6,45 %	54,55 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,71 %	21,17 %	0,16 %	30,87 %
Current Ratio	1,66	1,18	0,7	1,22
Quick Ratio	8,65	2,49	1,07	2,04
Equity Ratio	0,5	0,34	0,13	0,28
Gross Profit Margin	48,99 %	56,35 %	43,79 %	57,72 %