JOAR'S KORPS-SERVICE AS

8614 MO I RANA

Finances

Share Ownership

Return on Equity

−17,37 %

Current Ratio

5,98

Debt-to-Equity Ratio

−2,39

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 249 000	4 290 000	3 995 000	5 598 000
Net Income	376 000	924 000	73 000	−4 512 000
Total Assets	3 607 000	3 920 000	3 055 000	3 587 000
Total Equity	−2 165 000	−2 542 000	−3 465 000	−3 538 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 249 000	4 290 000	3 995 000	5 598 000
Expenditure	4 706 000	3 233 000	3 779 000	10 016 000
Operating Profit	543 000	1 058 000	216 000	−4 417 000
Financial Income	1 000	1 000	0	17 000
Financial Costs	168 000	135 000	143 000	112 000
Financial Balance	−167 000	−134 000	−143 000	−95 000
Earnings Before Tax	376 000	924 000	73 000	−4 512 000
Tax	0	0	0	0
Net Income	376 000	924 000	73 000	−4 512 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 607 000	3 920 000	3 055 000	3 587 000
Total Assets	3 607 000	3 920 000	3 055 000	3 587 000
Total Retained Equity	−2 565 000	−2 942 000	−3 865 000	−3 938 000
Total Equity	−2 165 000	−2 542 000	−3 465 000	−3 538 000
Total Long-Term Debt	5 170 000	5 595 000	5 807 000	6 026 000
Total Current Debt	603 000	868 000	714 000	1 099 000
Total Equity and Debt	3 607 000	3 920 000	3 055 000	3 587 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 165 000	4 290 000	3 995 000	5 590 000
Other Income	84 000	0	0	9 000
Revenue	5 249 000	4 290 000	3 995 000	5 598 000
Cost of Goods Sold	4 190 000	2 564 000	2 704 000	3 727 000
Salary Costs	0	94 000	336 000	856 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 706 000	3 233 000	3 779 000	10 016 000
Operating Profit	543 000	1 058 000	216 000	−4 417 000
Financial Income	1 000	1 000	0	17 000
Financial Costs	168 000	135 000	143 000	112 000
Financial Balance	−167 000	−134 000	−143 000	−95 000
Dividends	0	0	0	0
Net Income	376 000	924 000	73 000	−4 512 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	2 973 000	2 809 000	2 485 000	3 095 000
Total Investments	0	0	0	0
Cash, Bank	307 000	548 000	138 000	352 000
Total Current Assets	3 607 000	3 920 000	3 055 000	3 587 000
Total Assets	3 607 000	3 920 000	3 055 000	3 587 000
Total Equity	−2 165 000	−2 542 000	−3 465 000	−3 538 000
Short-Term Group Debt	0	0	50 000	50 000
Total Long-Term Debt	5 170 000	5 595 000	5 807 000	6 026 000
Creditors	419 000	240 000	248 000	528 000
Unpaid Taxes	87 000	227 000	135 000	297 000
Dividends	0	0	0	0
Other Current Debt	90 000	400 000	281 000	225 000
Total Current Debt	603 000	868 000	714 000	1 099 000
Total Equity and Debt	3 607 000	3 920 000	3 055 000	3 587 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−17,37 %	−36,35 %	−2,11 %	127,53 %
Debt-to-Equity Ratio	−2,39	−2,2	−1,68	−1,7
Operating Profit Margin	10,34 %	24,66 %	5,41 %	−78,9 %
Current Ratio	5,98	4,52	4,28	3,26
Quick Ratio	−1,52	−2,02	−1,73	−1,8
Equity Ratio	−0,6	−0,65	−1,13	−0,99
Gross Profit Margin	20,18 %	40,23 %	32,32 %	33,42 %