JOTUNHEIMEN AS

7011 TRONDHEIM

Finances

Return on Equity

−276,77 %

Current Ratio

0,76

Debt-to-Equity Ratio

7,22

Key figures (NOK)	2022	2021	2020
Revenue	5 107 000	1 444 000	0
Net Income	−1 096 000	−2 452 000	−80 000
Total Assets	4 371 000	5 211 000	379 000
Total Equity	396 000	1 493 000	−55 000

Income (NOK)	2022	2021	2020
Revenue	5 107 000	1 444 000	0
Expenditure	6 117 000	3 847 000	80 000
Operating Profit	−1 010 000	−2 404 000	−80 000
Financial Income	130 000	86 000	0
Financial Costs	216 000	134 000	0
Financial Balance	−86 000	−48 000	0
Earnings Before Tax	−1 096 000	−2 452 000	−80 000
Tax	0	0	0
Net Income	−1 096 000	−2 452 000	−80 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 523 000	4 476 000	283 000
Total Current Assets	849 000	735 000	95 000
Total Assets	4 371 000	5 211 000	379 000
Total Retained Equity	−3 628 000	−2 532 000	−80 000
Total Equity	396 000	1 493 000	−55 000
Total Long-Term Debt	2 858 000	2 531 000	395 000
Total Current Debt	1 117 000	1 187 000	39 000
Total Equity and Debt	4 371 000	5 211 000	379 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 781 000	1 337 000	0
Other Income	326 000	107 000	0
Revenue	5 107 000	1 444 000	0
Cost of Goods Sold	903 000	325 000	0
Salary Costs	2 711 000	1 142 000	0
Depreciation	834 000	411 000	17 000
Impairment	0	0	0
Expenditure	6 117 000	3 847 000	80 000
Operating Profit	−1 010 000	−2 404 000	−80 000
Financial Income	130 000	86 000	0
Financial Costs	216 000	134 000	0
Financial Balance	−86 000	−48 000	0
Dividends	0	0	0
Net Income	−1 096 000	−2 452 000	−80 000

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	3 492 000	4 475 000	283 000
Total Tangible Assets	3 492 000	4 475 000	283 000
Total Fiancial Fixed Assets	31 000	1 000	0
Total Fixed Assets	3 523 000	4 476 000	283 000
Stock	74 000	17 000	0
Total Investments	0	0	0
Cash, Bank	561 000	518 000	6 000
Total Current Assets	849 000	735 000	95 000
Total Assets	4 371 000	5 211 000	379 000
Total Equity	396 000	1 493 000	−55 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 858 000	2 531 000	395 000
Creditors	260 000	661 000	39 000
Unpaid Taxes	319 000	174 000	0
Dividends	0	0	0
Other Current Debt	537 000	353 000	0
Total Current Debt	1 117 000	1 187 000	39 000
Total Equity and Debt	4 371 000	5 211 000	379 000

Financial indicators	2022	2021	2020
Return on Equity	−276,77 %	−164,23 %	145,45 %
Debt-to-Equity Ratio	7,22	1,7	−7,18
Operating Profit Margin	−19,78 %	−166,48 %	-
Current Ratio	0,76	0,62	2,44
Quick Ratio	0,81	0,63	2,44
Equity Ratio	0,09	0,29	−0,15
Gross Profit Margin	82,32 %	77,49 %	-