JUST PADEL GROUP AS

1472 FJELLHAMAR

Finances

Return on Equity

121,34 %

Current Ratio

0,11

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020
Revenue	4 882 000	1 206 000	0
Net Income	−52 978 000	1 074 000	425 000
Total Assets	13 952 000	17 879 000	6 833 000
Total Equity	−43 660 000	4 107 000	5 455 000

Income (NOK)	2022	2021	2020
Revenue	4 882 000	1 206 000	0
Expenditure	30 525 000	3 667 000	220 000
Operating Profit	−25 642 000	−2 462 000	−220 000
Financial Income	0	3 637 000	600 000
Financial Costs	27 335 000	3 000	0
Financial Balance	−27 335 000	3 634 000	600 000
Earnings Before Tax	−52 978 000	1 172 000	380 000
Tax	0	98 000	−44 000
Net Income	−52 978 000	1 074 000	425 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	7 775 000	5 384 000	160 000
Total Current Assets	6 177 000	12 495 000	6 673 000
Total Assets	13 952 000	17 879 000	6 833 000
Total Retained Equity	−46 869 000	898 000	−175 000
Total Equity	−43 660 000	4 107 000	5 455 000
Total Long-Term Debt	0	0	0
Total Current Debt	57 612 000	13 772 000	1 379 000
Total Equity and Debt	13 952 000	17 879 000	6 833 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 882 000	1 206 000	0
Other Income	0	0	0
Revenue	4 882 000	1 206 000	0
Cost of Goods Sold	5 846 000	1 229 000	0
Salary Costs	1 901 000	884 000	126 000
Depreciation	2 000	0	0
Impairment	0	0	0
Expenditure	30 525 000	3 667 000	220 000
Operating Profit	−25 642 000	−2 462 000	−220 000
Financial Income	0	3 637 000	600 000
Financial Costs	27 335 000	3 000	0
Financial Balance	−27 335 000	3 634 000	600 000
Dividends	0	0	600 000
Net Income	−52 978 000	1 074 000	425 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	44 000
Real Eastate	0	118 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	19 000	0	0
Total Tangible Assets	19 000	118 000	0
Total Fiancial Fixed Assets	7 757 000	5 266 000	116 000
Total Fixed Assets	7 775 000	5 384 000	160 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	824 000	7 216 000	5 461 000
Total Current Assets	6 177 000	12 495 000	6 673 000
Total Assets	13 952 000	17 879 000	6 833 000
Total Equity	−43 660 000	4 107 000	5 455 000
Short-Term Group Debt	44 059 000	5 437 000	0
Total Long-Term Debt	0	0	0
Creditors	3 552 000	844 000	29 000
Unpaid Taxes	142 000	94 000	35 000
Dividends	0	0	600 000
Other Current Debt	8 399 000	7 343 000	714 000
Total Current Debt	57 612 000	13 772 000	1 379 000
Total Equity and Debt	13 952 000	17 879 000	6 833 000

Financial indicators	2022	2021	2020
Return on Equity	121,34 %	26,15 %	7,79 %
Debt-to-Equity Ratio	−0	0	0
Operating Profit Margin	−525,24 %	−204,15 %	-
Current Ratio	0,11	0,91	4,84
Quick Ratio	0,11	0,91	4,84
Equity Ratio	−3,13	0,23	0,8
Gross Profit Margin	−19,75 %	−1,91 %	-