JORDCLOTHING AS

4345 BRYNE

Finances

Share Ownership

Return on Equity

−25,53 %

Current Ratio

1,31

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 309 000	1 240 000	42 000
Net Income	−36 000	169 000	−22 000
Total Assets	482 000	544 000	108 000
Total Equity	141 000	177 000	8 000

Income (NOK)	2022	2021	2020
Revenue	2 309 000	1 240 000	42 000
Expenditure	2 313 000	1 004 000	62 000
Operating Profit	−4 000	237 000	−20 000
Financial Income	0	0	0
Financial Costs	0	8 000	3 000
Financial Balance	0	−8 000	−3 000
Earnings Before Tax	−4 000	228 000	−22 000
Tax	32 000	59 000	0
Net Income	−36 000	169 000	−22 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	36 000	61 000	0
Total Current Assets	446 000	483 000	108 000
Total Assets	482 000	544 000	108 000
Total Retained Equity	111 000	147 000	−22 000
Total Equity	141 000	177 000	8 000
Total Long-Term Debt	0	1 000	100 000
Total Current Debt	341 000	366 000	1 000
Total Equity and Debt	482 000	544 000	108 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 309 000	1 240 000	42 000
Other Income	0	0	0
Revenue	2 309 000	1 240 000	42 000
Cost of Goods Sold	391 000	222 000	37 000
Salary Costs	1 129 000	398 000	0
Depreciation	25 000	14 000	0
Impairment	0	0	0
Expenditure	2 313 000	1 004 000	62 000
Operating Profit	−4 000	237 000	−20 000
Financial Income	0	0	0
Financial Costs	0	8 000	3 000
Financial Balance	0	−8 000	−3 000
Dividends	0	0	0
Net Income	−36 000	169 000	−22 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	36 000	61 000	0
Total Tangible Assets	36 000	61 000	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	36 000	61 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	329 000	297 000	97 000
Total Current Assets	446 000	483 000	108 000
Total Assets	482 000	544 000	108 000
Total Equity	141 000	177 000	8 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	1 000	100 000
Creditors	55 000	83 000	0
Unpaid Taxes	117 000	178 000	0
Dividends	0	0	0
Other Current Debt	137 000	47 000	1 000
Total Current Debt	341 000	366 000	1 000
Total Equity and Debt	482 000	544 000	108 000

Financial indicators	2022	2021	2020
Return on Equity	−25,53 %	95,48 %	−275 %
Debt-to-Equity Ratio	0	0,01	12,5
Operating Profit Margin	−0,17 %	19,11 %	−47,62 %
Current Ratio	1,31	1,32	108
Quick Ratio	1,31	1,32	108
Equity Ratio	0,29	0,33	0,07
Gross Profit Margin	83,07 %	82,1 %	11,9 %