K JØRGENSEN AS

5565 TYSVÆRVÅG

Finances

Share Ownership

Return on Equity

14,99 %

Current Ratio

2,57

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 895 000	12 951 000	12 281 000	10 814 000
Net Income	449 000	412 000	753 000	238 000
Total Assets	4 553 000	4 057 000	3 842 000	2 411 000
Total Equity	2 995 000	2 565 000	2 168 000	1 433 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 895 000	12 951 000	12 281 000	10 814 000
Expenditure	12 309 000	12 424 000	11 318 000	10 521 000
Operating Profit	586 000	528 000	963 000	293 000
Financial Income	6 000	1 000	3 000	12 000
Financial Costs	17 000	1 000	1 000	0
Financial Balance	−11 000	0	2 000	12 000
Earnings Before Tax	575 000	528 000	965 000	306 000
Tax	126 000	116 000	212 000	67 000
Net Income	449 000	412 000	753 000	238 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 715 000	2 478 000	2 125 000	345 000
Total Current Assets	1 837 000	1 579 000	1 717 000	2 067 000
Total Assets	4 553 000	4 057 000	3 842 000	2 411 000
Total Retained Equity	2 895 000	2 465 000	2 068 000	1 333 000
Total Equity	2 995 000	2 565 000	2 168 000	1 433 000
Total Long-Term Debt	843 000	716 000	965 000	214 000
Total Current Debt	715 000	777 000	710 000	764 000
Total Equity and Debt	4 553 000	4 057 000	3 842 000	2 411 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 651 000	12 665 000	12 087 000	10 703 000
Other Income	244 000	286 000	194 000	111 000
Revenue	12 895 000	12 951 000	12 281 000	10 814 000
Cost of Goods Sold	9 565 000	9 869 000	9 013 000	8 121 000
Salary Costs	1 484 000	1 581 000	1 461 000	1 492 000
Depreciation	264 000	147 000	99 000	50 000
Impairment	0	0	0	0
Expenditure	12 309 000	12 424 000	11 318 000	10 521 000
Operating Profit	586 000	528 000	963 000	293 000
Financial Income	6 000	1 000	3 000	12 000
Financial Costs	17 000	1 000	1 000	0
Financial Balance	−11 000	0	2 000	12 000
Dividends	0	0	0	0
Net Income	449 000	412 000	753 000	238 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 847 000	1 935 000	2 028 000	243 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	869 000	543 000	97 000	102 000
Total Tangible Assets	2 715 000	2 478 000	2 125 000	345 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 715 000	2 478 000	2 125 000	345 000
Stock	809 000	707 000	826 000	675 000
Total Investments	0	0	0	0
Cash, Bank	904 000	830 000	821 000	1 375 000
Total Current Assets	1 837 000	1 579 000	1 717 000	2 067 000
Total Assets	4 553 000	4 057 000	3 842 000	2 411 000
Total Equity	2 995 000	2 565 000	2 168 000	1 433 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	843 000	716 000	965 000	214 000
Creditors	287 000	377 000	248 000	194 000
Unpaid Taxes	112 000	102 000	75 000	138 000
Dividends	0	0	0	0
Other Current Debt	192 000	190 000	167 000	352 000
Total Current Debt	715 000	777 000	710 000	764 000
Total Equity and Debt	4 553 000	4 057 000	3 842 000	2 411 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,99 %	16,06 %	34,73 %	16,61 %
Debt-to-Equity Ratio	0,28	0,28	0,45	0,15
Operating Profit Margin	4,54 %	4,08 %	7,84 %	2,71 %
Current Ratio	2,57	2,03	2,42	2,71
Quick Ratio	−19,54	22,56	−14,8	23,22
Equity Ratio	0,66	0,63	0,56	0,59
Gross Profit Margin	25,82 %	23,8 %	26,61 %	24,9 %