JOVIK AS

4276 VEAVÅGEN

Finances

Return on Equity

50,18 %

Current Ratio

162,4

Debt-to-Equity Ratio

0,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 000	40 000	70 000	50 000
Net Income	9 452 000	2 365 000	955 000	77 000
Total Assets	22 067 000	15 644 000	13 434 000	13 181 000
Total Equity	18 836 000	9 384 000	7 018 000	6 064 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 000	40 000	70 000	50 000
Expenditure	58 000	65 000	76 000	48 000
Operating Profit	−3 000	−25 000	−6 000	1 000
Financial Income	9 683 000	2 528 000	1 111 000	256 000
Financial Costs	210 000	161 000	184 000	227 000
Financial Balance	9 473 000	2 367 000	927 000	29 000
Earnings Before Tax	9 470 000	2 341 000	920 000	30 000
Tax	17 000	−24 000	−34 000	−47 000
Net Income	9 452 000	2 365 000	955 000	77 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 443 000	14 337 000	13 117 000	13 146 000
Total Current Assets	1 624 000	1 307 000	317 000	34 000
Total Assets	22 067 000	15 644 000	13 434 000	13 181 000
Total Retained Equity	18 346 000	8 894 000	6 528 000	5 574 000
Total Equity	18 836 000	9 384 000	7 018 000	6 064 000
Total Long-Term Debt	3 221 000	6 250 000	6 384 000	6 276 000
Total Current Debt	10 000	10 000	32 000	841 000
Total Equity and Debt	22 067 000	15 644 000	13 434 000	13 181 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 000	40 000	70 000	50 000
Other Income	0	0	0	0
Revenue	55 000	40 000	70 000	50 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	58 000	65 000	76 000	48 000
Operating Profit	−3 000	−25 000	−6 000	1 000
Financial Income	9 683 000	2 528 000	1 111 000	256 000
Financial Costs	210 000	161 000	184 000	227 000
Financial Balance	9 473 000	2 367 000	927 000	29 000
Dividends	0	0	0	0
Net Income	9 452 000	2 365 000	955 000	77 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	54 000	71 000	47 000	47 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	499 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	499 000	0	0	0
Total Fiancial Fixed Assets	19 891 000	14 266 000	13 070 000	13 100 000
Total Fixed Assets	20 443 000	14 337 000	13 117 000	13 146 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 622 000	48 000	283 000	29 000
Total Current Assets	1 624 000	1 307 000	317 000	34 000
Total Assets	22 067 000	15 644 000	13 434 000	13 181 000
Total Equity	18 836 000	9 384 000	7 018 000	6 064 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 221 000	6 250 000	6 384 000	6 276 000
Creditors	5 000	5 000	9 000	0
Unpaid Taxes	0	0	3 000	1 000
Dividends	0	0	0	0
Other Current Debt	5 000	5 000	20 000	840 000
Total Current Debt	10 000	10 000	32 000	841 000
Total Equity and Debt	22 067 000	15 644 000	13 434 000	13 181 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,18 %	25,2 %	13,61 %	1,27 %
Debt-to-Equity Ratio	0,17	0,67	0,91	1,03
Operating Profit Margin	−5,45 %	−62,5 %	−8,57 %	2 %
Current Ratio	162,4	130,7	9,91	0,04
Quick Ratio	162,4	130,7	9,91	0,04
Equity Ratio	0,85	0,6	0,52	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %