JOTE SYSTEMS AS

1960 LØKEN

Finances

Share Ownership

Return on Equity

−42,06 %

Current Ratio

1,19

Debt-to-Equity Ratio

0,52

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 879 000	4 500 000	3 866 000	3 736 000
Net Income	−331 000	−327 000	−93 000	57 000
Total Assets	2 178 000	2 529 000	3 183 000	3 636 000
Total Equity	787 000	1 177 000	1 584 000	1 926 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 879 000	4 500 000	3 866 000	3 736 000
Expenditure	6 196 000	4 814 000	3 947 000	3 663 000
Operating Profit	−317 000	−314 000	−81 000	74 000
Financial Income	4 000	1 000	6 000	20 000
Financial Costs	17 000	14 000	18 000	17 000
Financial Balance	−13 000	−13 000	−12 000	3 000
Earnings Before Tax	−331 000	−327 000	−93 000	77 000
Tax	0	0	0	20 000
Net Income	−331 000	−327 000	−93 000	57 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 014 000	1 267 000	1 584 000	1 980 000
Total Current Assets	1 165 000	1 261 000	1 599 000	1 656 000
Total Assets	2 178 000	2 529 000	3 183 000	3 636 000
Total Retained Equity	687 000	1 077 000	1 484 000	1 826 000
Total Equity	787 000	1 177 000	1 584 000	1 926 000
Total Long-Term Debt	412 000	560 000	709 000	855 000
Total Current Debt	980 000	791 000	890 000	855 000
Total Equity and Debt	2 178 000	2 529 000	3 183 000	3 636 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 879 000	4 500 000	3 678 000	3 185 000
Other Income	0	0	188 000	551 000
Revenue	5 879 000	4 500 000	3 866 000	3 736 000
Cost of Goods Sold	3 098 000	2 053 000	1 344 000	950 000
Salary Costs	2 295 000	2 030 000	1 714 000	1 716 000
Depreciation	253 000	317 000	396 000	220 000
Impairment	0	0	0	0
Expenditure	6 196 000	4 814 000	3 947 000	3 663 000
Operating Profit	−317 000	−314 000	−81 000	74 000
Financial Income	4 000	1 000	6 000	20 000
Financial Costs	17 000	14 000	18 000	17 000
Financial Balance	−13 000	−13 000	−12 000	3 000
Dividends	60 000	100 000	250 000	250 000
Net Income	−331 000	−327 000	−93 000	57 000

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	1 014 000	1 267 000	1 584 000	1 980 000
Total Tangible Assets	1 014 000	1 267 000	1 584 000	1 980 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 014 000	1 267 000	1 584 000	1 980 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	797 000	418 000	691 000	1 241 000
Total Current Assets	1 165 000	1 261 000	1 599 000	1 656 000
Total Assets	2 178 000	2 529 000	3 183 000	3 636 000
Total Equity	787 000	1 177 000	1 584 000	1 926 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	412 000	560 000	709 000	855 000
Creditors	480 000	218 000	107 000	24 000
Unpaid Taxes	253 000	309 000	384 000	321 000
Dividends	60 000	100 000	250 000	250 000
Other Current Debt	187 000	164 000	150 000	241 000
Total Current Debt	980 000	791 000	890 000	855 000
Total Equity and Debt	2 178 000	2 529 000	3 183 000	3 636 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−42,06 %	−27,78 %	−5,87 %	2,96 %
Debt-to-Equity Ratio	0,52	0,48	0,45	0,44
Operating Profit Margin	−5,39 %	−6,98 %	−2,1 %	1,98 %
Current Ratio	1,19	1,59	1,8	1,94
Quick Ratio	1,19	1,59	1,8	1,94
Equity Ratio	0,36	0,47	0,5	0,53
Gross Profit Margin	47,3 %	54,38 %	65,24 %	74,57 %