JV TECH AS

4055 SOLA

Finances

Return on Equity

−21,07 %

Current Ratio

27,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	190 000	428 000	421 000	502 000
Net Income	−700 000	1 465 000	1 360 000	1 928 000
Total Assets	3 366 000	5 120 000	6 251 000	4 936 000
Total Equity	3 322 000	4 021 000	6 157 000	4 797 000

Income (NOK)	2022	2021	2020	2019
Revenue	190 000	428 000	421 000	502 000
Expenditure	348 000	612 000	445 000	519 000
Operating Profit	−159 000	−184 000	−23 000	−17 000
Financial Income	702 000	1 938 000	1 387 000	1 941 000
Financial Costs	1 243 000	290 000	0	0
Financial Balance	−541 000	1 648 000	1 387 000	1 941 000
Earnings Before Tax	−700 000	1 465 000	1 364 000	1 924 000
Tax	0	0	4 000	−4 000
Net Income	−700 000	1 465 000	1 360 000	1 928 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 144 000	3 771 000	4 831 000	4 493 000
Total Current Assets	1 223 000	1 349 000	1 420 000	442 000
Total Assets	3 366 000	5 120 000	6 251 000	4 936 000
Total Retained Equity	3 222 000	3 921 000	6 057 000	4 697 000
Total Equity	3 322 000	4 021 000	6 157 000	4 797 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	45 000	1 099 000	94 000	139 000
Total Equity and Debt	3 366 000	5 120 000	6 251 000	4 936 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	190 000	428 000	421 000	502 000
Other Income	0	0	0	0
Revenue	190 000	428 000	421 000	502 000
Cost of Goods Sold	0	0	0	0
Salary Costs	284 000	558 000	397 000	457 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	348 000	612 000	445 000	519 000
Operating Profit	−159 000	−184 000	−23 000	−17 000
Financial Income	702 000	1 938 000	1 387 000	1 941 000
Financial Costs	1 243 000	290 000	0	0
Financial Balance	−541 000	1 648 000	1 387 000	1 941 000
Dividends	0	1 000 000	0	0
Net Income	−700 000	1 465 000	1 360 000	1 928 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	4 000
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	2 144 000	3 771 000	4 831 000	4 490 000
Total Fixed Assets	2 144 000	3 771 000	4 831 000	4 493 000
Stock	0	0	0	0
Total Investments	469 000	560 000	0	0
Cash, Bank	716 000	789 000	1 420 000	442 000
Total Current Assets	1 223 000	1 349 000	1 420 000	442 000
Total Assets	3 366 000	5 120 000	6 251 000	4 936 000
Total Equity	3 322 000	4 021 000	6 157 000	4 797 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	3 000	2 000	1 000
Unpaid Taxes	15 000	43 000	47 000	65 000
Dividends	0	1 000 000	0	0
Other Current Debt	24 000	52 000	45 000	73 000
Total Current Debt	45 000	1 099 000	94 000	139 000
Total Equity and Debt	3 366 000	5 120 000	6 251 000	4 936 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,07 %	36,43 %	22,09 %	40,19 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−83,68 %	−42,99 %	−5,46 %	−3,39 %
Current Ratio	27,18	1,23	15,11	3,18
Quick Ratio	27,18	1,23	15,11	3,18
Equity Ratio	0,99	0,79	0,98	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %