JOTNE CONNECT AS

0663 OSLO

Finances

Share Ownership

Return on Equity

−13,57 %

Current Ratio

0,7

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	27 522 000	22 354 000	18 584 000	24 545 000
Net Income	−1 105 000	−2 396 000	−1 563 000	226 000
Total Assets	31 170 000	28 169 000	26 714 000	21 439 000
Total Equity	8 144 000	9 249 000	11 646 000	13 087 000

Income (NOK)	2022	2021	2020	2019
Revenue	27 522 000	22 354 000	18 584 000	24 545 000
Expenditure	29 735 000	26 010 000	21 363 000	25 323 000
Operating Profit	−2 212 000	−3 656 000	−2 779 000	−777 000
Financial Income	775 000	289 000	337 000	259 000
Financial Costs	317 000	310 000	216 000	184 000
Financial Balance	458 000	−21 000	121 000	75 000
Earnings Before Tax	−1 753 000	−3 676 000	−2 657 000	−702 000
Tax	−648 000	−1 280 000	−1 094 000	−928 000
Net Income	−1 105 000	−2 396 000	−1 563 000	226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 239 000	12 751 000	11 460 000	9 833 000
Total Current Assets	15 931 000	15 418 000	15 254 000	11 605 000
Total Assets	31 170 000	28 169 000	26 714 000	21 439 000
Total Retained Equity	0	0	1 178 000	2 741 000
Total Equity	8 144 000	9 249 000	11 646 000	13 087 000
Total Long-Term Debt	352 000	94 000	94 000	94 000
Total Current Debt	22 675 000	18 826 000	14 974 000	8 257 000
Total Equity and Debt	31 170 000	28 169 000	26 714 000	21 439 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	27 522 000	22 354 000	18 584 000	24 545 000
Other Income	0	0	0	0
Revenue	27 522 000	22 354 000	18 584 000	24 545 000
Cost of Goods Sold	3 715 000	3 144 000	641 000	260 000
Salary Costs	19 179 000	16 313 000	14 396 000	18 841 000
Depreciation	51 000	91 000	95 000	69 000
Impairment	0	0	0	0
Expenditure	29 735 000	26 010 000	21 363 000	25 323 000
Operating Profit	−2 212 000	−3 656 000	−2 779 000	−777 000
Financial Income	775 000	289 000	337 000	259 000
Financial Costs	317 000	310 000	216 000	184 000
Financial Balance	458 000	−21 000	121 000	75 000
Dividends	0	0	0	0
Net Income	−1 105 000	−2 396 000	−1 563 000	226 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 600 000	3 952 000	2 672 000	1 612 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	77 000	128 000	219 000	314 000
Total Tangible Assets	77 000	128 000	219 000	314 000
Total Fiancial Fixed Assets	10 563 000	8 671 000	8 569 000	7 907 000
Total Fixed Assets	15 239 000	12 751 000	11 460 000	9 833 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	11 180 000	10 173 000	2 587 000	4 495 000
Total Current Assets	15 931 000	15 418 000	15 254 000	11 605 000
Total Assets	31 170 000	28 169 000	26 714 000	21 439 000
Total Equity	8 144 000	9 249 000	11 646 000	13 087 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	352 000	94 000	94 000	94 000
Creditors	2 290 000	3 749 000	261 000	110 000
Unpaid Taxes	1 533 000	1 098 000	902 000	989 000
Dividends	0	0	0	0
Other Current Debt	18 852 000	13 978 000	13 810 000	7 158 000
Total Current Debt	22 675 000	18 826 000	14 974 000	8 257 000
Total Equity and Debt	31 170 000	28 169 000	26 714 000	21 439 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,57 %	−25,91 %	−13,42 %	1,73 %
Debt-to-Equity Ratio	0,04	0,01	0,01	0,01
Operating Profit Margin	−8,04 %	−16,36 %	−14,95 %	−3,17 %
Current Ratio	0,7	0,82	1,02	1,41
Quick Ratio	0,7	0,82	1,02	1,41
Equity Ratio	0,26	0,33	0,44	0,61
Gross Profit Margin	86,5 %	85,94 %	96,55 %	98,94 %