JØRMELAND AS

4130 HJELMELAND

Finances

Share Ownership

Return on Equity

26,71 %

Current Ratio

1,83

Debt-to-Equity Ratio

0,27

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 594 000	5 255 000	3 218 000	1 882 000
Net Income	316 000	749 000	78 000	−25 000
Total Assets	2 312 000	2 457 000	1 060 000	684 000
Total Equity	1 183 000	867 000	117 000	39 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 594 000	5 255 000	3 218 000	1 882 000
Expenditure	4 171 000	4 275 000	3 098 000	1 896 000
Operating Profit	423 000	981 000	119 000	−14 000
Financial Income	1 000	0	0	0
Financial Costs	18 000	21 000	20 000	18 000
Financial Balance	−17 000	−21 000	−20 000	−18 000
Earnings Before Tax	405 000	961 000	100 000	−31 000
Tax	89 000	211 000	22 000	−7 000
Net Income	316 000	749 000	78 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	826 000	495 000	283 000	362 000
Total Current Assets	1 486 000	1 962 000	777 000	322 000
Total Assets	2 312 000	2 457 000	1 060 000	684 000
Total Retained Equity	1 153 000	837 000	87 000	9 000
Total Equity	1 183 000	867 000	117 000	39 000
Total Long-Term Debt	318 000	389 000	292 000	450 000
Total Current Debt	812 000	1 201 000	651 000	194 000
Total Equity and Debt	2 312 000	2 457 000	1 060 000	684 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 274 000	5 255 000	3 218 000	1 882 000
Other Income	320 000	0	0	0
Revenue	4 594 000	5 255 000	3 218 000	1 882 000
Cost of Goods Sold	1 893 000	2 454 000	1 528 000	628 000
Salary Costs	1 079 000	928 000	838 000	647 000
Depreciation	196 000	101 000	72 000	42 000
Impairment	0	0	0	0
Expenditure	4 171 000	4 275 000	3 098 000	1 896 000
Operating Profit	423 000	981 000	119 000	−14 000
Financial Income	1 000	0	0	0
Financial Costs	18 000	21 000	20 000	18 000
Financial Balance	−17 000	−21 000	−20 000	−18 000
Dividends	0	0	0	0
Net Income	316 000	749 000	78 000	−25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	826 000	495 000	283 000	355 000
Total Tangible Assets	826 000	495 000	283 000	355 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	826 000	495 000	283 000	362 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	628 000	816 000	456 000	54 000
Total Current Assets	1 486 000	1 962 000	777 000	322 000
Total Assets	2 312 000	2 457 000	1 060 000	684 000
Total Equity	1 183 000	867 000	117 000	39 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	318 000	389 000	292 000	450 000
Creditors	131 000	719 000	484 000	73 000
Unpaid Taxes	190 000	168 000	68 000	48 000
Dividends	0	0	0	0
Other Current Debt	408 000	109 000	95 000	73 000
Total Current Debt	812 000	1 201 000	651 000	194 000
Total Equity and Debt	2 312 000	2 457 000	1 060 000	684 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,71 %	86,39 %	66,67 %	−64,1 %
Debt-to-Equity Ratio	0,27	0,45	2,5	11,54
Operating Profit Margin	9,21 %	18,67 %	3,7 %	−0,74 %
Current Ratio	1,83	1,63	1,19	1,66
Quick Ratio	1,83	1,63	1,19	1,66
Equity Ratio	0,51	0,35	0,11	0,06
Gross Profit Margin	58,79 %	53,3 %	52,52 %	66,63 %