JOTUNHEIMEN UTVIKLING AS

2940 HEGGENES

Finances

Share Ownership

Return on Equity

13,73 %

Current Ratio

30,15

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 090 000	7 444 000	11 528 000	1 861 000
Net Income	1 545 000	3 279 000	5 933 000	490 000
Total Assets	15 084 000	17 990 000	17 779 000	10 311 000
Total Equity	11 250 000	9 705 000	6 426 000	493 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 090 000	7 444 000	11 528 000	1 861 000
Expenditure	2 839 000	2 933 000	3 420 000	857 000
Operating Profit	2 252 000	4 511 000	8 108 000	1 003 000
Financial Income	12 000	23 000	2 000	3 000
Financial Costs	278 000	325 000	505 000	438 000
Financial Balance	−266 000	−302 000	−503 000	−435 000
Earnings Before Tax	1 986 000	4 209 000	7 606 000	568 000
Tax	441 000	930 000	1 673 000	78 000
Net Income	1 545 000	3 279 000	5 933 000	490 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 000	11 953 000	12 408 000	7 818 000
Total Current Assets	15 075 000	6 036 000	5 371 000	2 493 000
Total Assets	15 084 000	17 990 000	17 779 000	10 311 000
Total Retained Equity	11 013 000	9 468 000	6 189 000	286 000
Total Equity	11 250 000	9 705 000	6 426 000	493 000
Total Long-Term Debt	3 334 000	3 498 000	3 498 000	5 130 000
Total Current Debt	500 000	4 787 000	7 855 000	4 687 000
Total Equity and Debt	15 084 000	17 990 000	17 779 000	10 311 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 090 000	7 444 000	11 528 000	1 861 000
Other Income	0	0	0	0
Revenue	5 090 000	7 444 000	11 528 000	1 861 000
Cost of Goods Sold	2 270 000	2 358 000	3 163 000	0
Salary Costs	396 000	317 000	150 000	722 000
Depreciation	18 000	18 000	18 000	0
Impairment	0	0	0	0
Expenditure	2 839 000	2 933 000	3 420 000	857 000
Operating Profit	2 252 000	4 511 000	8 108 000	1 003 000
Financial Income	12 000	23 000	2 000	3 000
Financial Costs	278 000	325 000	505 000	438 000
Financial Balance	−266 000	−302 000	−503 000	−435 000
Dividends	0	0	0	0
Net Income	1 545 000	3 279 000	5 933 000	490 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	18 000	36 000	13 000
Real Eastate	0	11 926 000	12 367 000	7 753 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	11 926 000	12 367 000	7 753 000
Total Fiancial Fixed Assets	9 000	9 000	5 000	53 000
Total Fixed Assets	9 000	11 953 000	12 408 000	7 818 000
Stock	25 639 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 255 000	6 036 000	2 098 000	465 000
Total Current Assets	15 075 000	6 036 000	5 371 000	2 493 000
Total Assets	15 084 000	17 990 000	17 779 000	10 311 000
Total Equity	11 250 000	9 705 000	6 426 000	493 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 334 000	3 498 000	3 498 000	5 130 000
Creditors	2 000	199 000	2 474 000	692 000
Unpaid Taxes	20 000	20 000	0	0
Dividends	0	0	0	0
Other Current Debt	36 000	3 639 000	3 629 000	3 995 000
Total Current Debt	500 000	4 787 000	7 855 000	4 687 000
Total Equity and Debt	15 084 000	17 990 000	17 779 000	10 311 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,73 %	33,79 %	92,33 %	99,39 %
Debt-to-Equity Ratio	0,3	0,36	0,54	10,41
Operating Profit Margin	44,24 %	60,6 %	70,33 %	53,9 %
Current Ratio	30,15	1,26	0,68	0,53
Quick Ratio	−0,6	1,26	0,68	0,53
Equity Ratio	0,75	0,54	0,36	0,05
Gross Profit Margin	55,4 %	68,32 %	72,56 %	100 %