JOTNE INFORMATION TECHNOLOGY AS

0663 OSLO

Finances

Return on Equity

−9,55 %

Current Ratio

28,86

Debt-to-Equity Ratio

1,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	446 000	704 000	321 000	792 000
Net Income	−631 000	−56 000	−612 000	330 000
Total Assets	18 892 000	17 517 000	17 482 000	17 515 000
Total Equity	6 605 000	7 172 000	7 228 000	7 840 000

Income (NOK)	2022	2021	2020	2019
Revenue	446 000	704 000	321 000	792 000
Expenditure	974 000	909 000	810 000	418 000
Operating Profit	−529 000	−205 000	−489 000	374 000
Financial Income	6 000	7 000	0	56 000
Financial Costs	287 000	77 000	89 000	6 000
Financial Balance	−281 000	−70 000	−89 000	50 000
Earnings Before Tax	−810 000	−275 000	−577 000	424 000
Tax	−178 000	−219 000	34 000	93 000
Net Income	−631 000	−56 000	−612 000	330 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 612 000	16 254 000	16 835 000	17 513 000
Total Current Assets	2 280 000	1 264 000	647 000	2 000
Total Assets	18 892 000	17 517 000	17 482 000	17 515 000
Total Retained Equity	2 797 000	3 428 000	3 485 000	4 096 000
Total Equity	6 605 000	7 172 000	7 228 000	7 840 000
Total Long-Term Debt	12 208 000	10 327 000	10 235 000	9 653 000
Total Current Debt	79 000	19 000	19 000	22 000
Total Equity and Debt	18 892 000	17 517 000	17 482 000	17 515 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	446 000	704 000	321 000	792 000
Other Income	0	0	0	0
Revenue	446 000	704 000	321 000	792 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	883 000	800 000	800 000	0
Impairment	0	0	0	0
Expenditure	974 000	909 000	810 000	418 000
Operating Profit	−529 000	−205 000	−489 000	374 000
Financial Income	6 000	7 000	0	56 000
Financial Costs	287 000	77 000	89 000	6 000
Financial Balance	−281 000	−70 000	−89 000	50 000
Dividends	0	0	0	0
Net Income	−631 000	−56 000	−612 000	330 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 895 000	6 619 000	7 200 000	8 000 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	9 717 000	9 635 000	9 635 000	9 513 000
Total Fixed Assets	16 612 000	16 254 000	16 835 000	17 513 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	749 000	238 000	326 000	2 000
Total Current Assets	2 280 000	1 264 000	647 000	2 000
Total Assets	18 892 000	17 517 000	17 482 000	17 515 000
Total Equity	6 605 000	7 172 000	7 228 000	7 840 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	12 208 000	10 327 000	10 235 000	9 653 000
Creditors	60 000	0	0	3 000
Unpaid Taxes	0	0	0	1 000
Dividends	0	0	0	0
Other Current Debt	19 000	19 000	19 000	19 000
Total Current Debt	79 000	19 000	19 000	22 000
Total Equity and Debt	18 892 000	17 517 000	17 482 000	17 515 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,55 %	−0,78 %	−8,47 %	4,21 %
Debt-to-Equity Ratio	1,85	1,44	1,42	1,23
Operating Profit Margin	−118,61 %	−29,12 %	−152,34 %	47,22 %
Current Ratio	28,86	66,53	34,05	0,09
Quick Ratio	28,86	66,53	34,05	0,09
Equity Ratio	0,35	0,41	0,41	0,45
Gross Profit Margin	100 %	100 %	100 %	100 %