JEANS CORNER AS

1607 FREDRIKSTAD

Finances

Return on Equity

43,77 %

Current Ratio

1,97

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 948 000	11 371 000	9 073 000	8 798 000
Net Income	1 659 000	1 406 000	770 000	342 000
Total Assets	6 959 000	5 414 000	4 095 000	3 460 000
Total Equity	3 790 000	2 931 000	1 525 000	755 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 948 000	11 371 000	9 073 000	8 798 000
Expenditure	14 788 000	9 550 000	8 040 000	8 369 000
Operating Profit	2 159 000	1 822 000	1 032 000	429 000
Financial Income	1 000	5 000	7 000	1 000
Financial Costs	33 000	22 000	50 000	67 000
Financial Balance	−32 000	−17 000	−43 000	−66 000
Earnings Before Tax	2 128 000	1 804 000	989 000	363 000
Tax	469 000	398 000	219 000	21 000
Net Income	1 659 000	1 406 000	770 000	342 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	731 000	101 000	25 000	37 000
Total Current Assets	6 228 000	5 313 000	4 070 000	3 423 000
Total Assets	6 959 000	5 414 000	4 095 000	3 460 000
Total Retained Equity	3 690 000	2 831 000	1 425 000	655 000
Total Equity	3 790 000	2 931 000	1 525 000	755 000
Total Long-Term Debt	0	333 000	500 000	396 000
Total Current Debt	3 169 000	2 150 000	2 070 000	2 309 000
Total Equity and Debt	6 959 000	5 414 000	4 095 000	3 460 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 897 000	10 959 000	8 999 000	8 798 000
Other Income	50 000	412 000	74 000	0
Revenue	16 948 000	11 371 000	9 073 000	8 798 000
Cost of Goods Sold	8 886 000	5 943 000	4 824 000	5 177 000
Salary Costs	3 111 000	1 920 000	1 663 000	1 879 000
Depreciation	26 000	0	12 000	3 000
Impairment	0	0	0	0
Expenditure	14 788 000	9 550 000	8 040 000	8 369 000
Operating Profit	2 159 000	1 822 000	1 032 000	429 000
Financial Income	1 000	5 000	7 000	1 000
Financial Costs	33 000	22 000	50 000	67 000
Financial Balance	−32 000	−17 000	−43 000	−66 000
Dividends	800 000	0	0	0
Net Income	1 659 000	1 406 000	770 000	342 000

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	364 000	0	0	12 000
Total Tangible Assets	364 000	0	0	12 000
Total Fiancial Fixed Assets	367 000	101 000	25 000	25 000
Total Fixed Assets	731 000	101 000	25 000	37 000
Stock	4 858 000	2 600 000	2 441 000	2 246 000
Total Investments	0	0	0	0
Cash, Bank	1 305 000	2 524 000	1 447 000	915 000
Total Current Assets	6 228 000	5 313 000	4 070 000	3 423 000
Total Assets	6 959 000	5 414 000	4 095 000	3 460 000
Total Equity	3 790 000	2 931 000	1 525 000	755 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	333 000	500 000	396 000
Creditors	1 136 000	502 000	762 000	884 000
Unpaid Taxes	586 000	642 000	487 000	667 000
Dividends	800 000	0	0	0
Other Current Debt	979 000	607 000	602 000	738 000
Total Current Debt	3 169 000	2 150 000	2 070 000	2 309 000
Total Equity and Debt	6 959 000	5 414 000	4 095 000	3 460 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,77 %	47,97 %	50,49 %	45,3 %
Debt-to-Equity Ratio	0	0,11	0,33	0,52
Operating Profit Margin	12,74 %	16,02 %	11,37 %	4,88 %
Current Ratio	1,97	2,47	1,97	1,48
Quick Ratio	−3,69	−11,81	−10,97	54,33
Equity Ratio	0,54	0,54	0,37	0,22
Gross Profit Margin	47,57 %	47,74 %	46,83 %	41,16 %