JOAR EKORNES HOLDING AS

6222 IKORNNES

Finances

Return on Equity

25,08 %

Current Ratio

4,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	200 000	0	23 000	3 238 000
Net Income	1 761 000	−456 000	−243 000	−2 136 000
Total Assets	7 327 000	6 029 000	6 774 000	7 764 000
Total Equity	7 021 000	5 510 000	5 965 000	6 208 000

Income (NOK)	2022	2021	2020	2019
Revenue	200 000	0	23 000	3 238 000
Expenditure	203 000	104 000	271 000	4 502 000
Operating Profit	−3 000	−104 000	−248 000	−1 264 000
Financial Income	1 764 000	14 000	37 000	853 000
Financial Costs	0	366 000	32 000	1 725 000
Financial Balance	1 764 000	−352 000	5 000	−872 000
Earnings Before Tax	1 761 000	−456 000	−243 000	−2 136 000
Tax	0	0	0	0
Net Income	1 761 000	−456 000	−243 000	−2 136 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 869 000	4 836 000	5 999 000	5 977 000
Total Current Assets	1 458 000	1 194 000	776 000	1 787 000
Total Assets	7 327 000	6 029 000	6 774 000	7 764 000
Total Retained Equity	1 684 000	173 000	629 000	872 000
Total Equity	7 021 000	5 510 000	5 965 000	6 208 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	307 000	520 000	809 000	1 556 000
Total Equity and Debt	7 327 000	6 029 000	6 774 000	7 764 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	23 000	3 238 000
Other Income	200 000	0	0	0
Revenue	200 000	0	23 000	3 238 000
Cost of Goods Sold	0	0	0	3 486 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	203 000	104 000	271 000	4 502 000
Operating Profit	−3 000	−104 000	−248 000	−1 264 000
Financial Income	1 764 000	14 000	37 000	853 000
Financial Costs	0	366 000	32 000	1 725 000
Financial Balance	1 764 000	−352 000	5 000	−872 000
Dividends	250 000	0	0	0
Net Income	1 761 000	−456 000	−243 000	−2 136 000

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	5 869 000	4 836 000	5 999 000	5 977 000
Total Fixed Assets	5 869 000	4 836 000	5 999 000	5 977 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 152 000	1 039 000	381 000	584 000
Total Current Assets	1 458 000	1 194 000	776 000	1 787 000
Total Assets	7 327 000	6 029 000	6 774 000	7 764 000
Total Equity	7 021 000	5 510 000	5 965 000	6 208 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	9 000	−18 000	4 000	−17 000
Unpaid Taxes	1 000	1 000	1 000	1 000
Dividends	250 000	0	0	0
Other Current Debt	46 000	536 000	804 000	1 572 000
Total Current Debt	307 000	520 000	809 000	1 556 000
Total Equity and Debt	7 327 000	6 029 000	6 774 000	7 764 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,08 %	−8,28 %	−4,07 %	−34,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,5 %	-	−1 078,26 %	−39,04 %
Current Ratio	4,75	2,3	0,96	1,15
Quick Ratio	4,75	2,3	0,96	1,15
Equity Ratio	0,96	0,91	0,88	0,8
Gross Profit Margin	100 %	-	100 %	−7,66 %