JOINVEST AS

1338 SANDVIKA

Finances

Return on Equity

−2,69 %

Current Ratio

682,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	160 000	140 000	145 000	333 000
Net Income	−982 000	3 504 000	3 589 000	3 455 000
Total Assets	36 535 000	37 667 000	34 233 000	30 858 000
Total Equity	36 500 000	37 482 000	34 148 000	30 559 000

Income (NOK)	2022	2021	2020	2019
Revenue	160 000	140 000	145 000	333 000
Expenditure	78 000	87 000	89 000	102 000
Operating Profit	82 000	52 000	57 000	231 000
Financial Income	346 000	4 299 000	4 521 000	3 724 000
Financial Costs	1 410 000	850 000	1 000 000	377 000
Financial Balance	−1 064 000	3 449 000	3 521 000	3 347 000
Earnings Before Tax	−983 000	3 501 000	3 578 000	3 578 000
Tax	−1 000	−3 000	−11 000	123 000
Net Income	−982 000	3 504 000	3 589 000	3 455 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 011 000	14 474 000	9 727 000	10 809 000
Total Current Assets	22 524 000	23 193 000	24 506 000	20 049 000
Total Assets	36 535 000	37 667 000	34 233 000	30 858 000
Total Retained Equity	25 667 000	26 649 000	23 315 000	19 726 000
Total Equity	36 500 000	37 482 000	34 148 000	30 559 000
Total Long-Term Debt	2 000	11 000	14 000	17 000
Total Current Debt	33 000	174 000	71 000	282 000
Total Equity and Debt	36 535 000	37 667 000	34 233 000	30 858 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	160 000	140 000	145 000	333 000
Other Income	0	0	0	0
Revenue	160 000	140 000	145 000	333 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	15 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	78 000	87 000	89 000	102 000
Operating Profit	82 000	52 000	57 000	231 000
Financial Income	346 000	4 299 000	4 521 000	3 724 000
Financial Costs	1 410 000	850 000	1 000 000	377 000
Financial Balance	−1 064 000	3 449 000	3 521 000	3 347 000
Dividends	0	170 000	0	0
Net Income	−982 000	3 504 000	3 589 000	3 455 000

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	29 000	44 000	0	0
Total Tangible Assets	29 000	44 000	0	0
Total Fiancial Fixed Assets	13 982 000	14 430 000	9 727 000	10 809 000
Total Fixed Assets	14 011 000	14 474 000	9 727 000	10 809 000
Stock	0	0	0	0
Total Investments	21 289 000	21 529 000	19 415 000	17 340 000
Cash, Bank	1 069 000	1 467 000	5 012 000	2 610 000
Total Current Assets	22 524 000	23 193 000	24 506 000	20 049 000
Total Assets	36 535 000	37 667 000	34 233 000	30 858 000
Total Equity	36 500 000	37 482 000	34 148 000	30 559 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	11 000	14 000	17 000
Creditors	1 000	1 000	1 000	0
Unpaid Taxes	24 000	3 000	15 000	69 000
Dividends	0	170 000	0	0
Other Current Debt	0	0	56 000	85 000
Total Current Debt	33 000	174 000	71 000	282 000
Total Equity and Debt	36 535 000	37 667 000	34 233 000	30 858 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,69 %	9,35 %	10,51 %	11,31 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	51,25 %	37,14 %	39,31 %	69,37 %
Current Ratio	682,55	133,29	345,15	71,1
Quick Ratio	682,55	133,29	345,15	71,1
Equity Ratio	1	1	1	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %