JAVATEC AS

1170 OSLO

Finances

Share Ownership

Return on Equity

42,98 %

Current Ratio

5,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 166 000	0	1 460 000	1 807 000
Net Income	1 286 000	28 000	579 000	670 000
Total Assets	3 704 000	1 718 000	1 953 000	1 736 000
Total Equity	2 992 000	1 716 000	1 688 000	1 210 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 166 000	0	1 460 000	1 807 000
Expenditure	447 000	22 000	714 000	806 000
Operating Profit	1 719 000	−22 000	747 000	1 001 000
Financial Income	14 000	50 000	27 000	13 000
Financial Costs	82 000	0	30 000	123 000
Financial Balance	−68 000	50 000	−3 000	−110 000
Earnings Before Tax	1 651 000	28 000	744 000	891 000
Tax	365 000	0	165 000	221 000
Net Income	1 286 000	28 000	579 000	670 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 704 000	1 718 000	1 953 000	1 736 000
Total Assets	3 704 000	1 718 000	1 953 000	1 736 000
Total Retained Equity	2 892 000	1 616 000	1 588 000	1 110 000
Total Equity	2 992 000	1 716 000	1 688 000	1 210 000
Total Long-Term Debt	11 000	0	0	0
Total Current Debt	702 000	2 000	265 000	527 000
Total Equity and Debt	3 704 000	1 718 000	1 953 000	1 736 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 166 000	0	1 460 000	1 807 000
Other Income	0	0	0	0
Revenue	2 166 000	0	1 460 000	1 807 000
Cost of Goods Sold	0	0	0	0
Salary Costs	388 000	0	673 000	745 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	447 000	22 000	714 000	806 000
Operating Profit	1 719 000	−22 000	747 000	1 001 000
Financial Income	14 000	50 000	27 000	13 000
Financial Costs	82 000	0	30 000	123 000
Financial Balance	−68 000	50 000	−3 000	−110 000
Dividends	10 000	0	100 000	260 000
Net Income	1 286 000	28 000	579 000	670 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	239 000	563 000	572 000	213 000
Cash, Bank	2 936 000	1 155 000	1 381 000	1 315 000
Total Current Assets	3 704 000	1 718 000	1 953 000	1 736 000
Total Assets	3 704 000	1 718 000	1 953 000	1 736 000
Total Equity	2 992 000	1 716 000	1 688 000	1 210 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	0	0	0
Creditors	1 000	0	0	0
Unpaid Taxes	320 000	0	0	46 000
Dividends	10 000	0	100 000	260 000
Other Current Debt	6 000	2 000	0	0
Total Current Debt	702 000	2 000	265 000	527 000
Total Equity and Debt	3 704 000	1 718 000	1 953 000	1 736 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,98 %	1,63 %	34,3 %	55,37 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	79,36 %	-	51,16 %	55,4 %
Current Ratio	5,28	859	7,37	3,29
Quick Ratio	5,28	859	7,37	3,29
Equity Ratio	0,81	1	0,86	0,7
Gross Profit Margin	100 %	-	100 %	100 %