G JØRGENSEN MASKINUTLEIE AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

13,89 %

Current Ratio

0,81

Debt-to-Equity Ratio

1,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 241 000	903 000	622 000	354 000
Net Income	114 000	3 000	204 000	126 000
Total Assets	2 382 000	3 192 000	2 966 000	664 000
Total Equity	821 000	707 000	704 000	500 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 241 000	903 000	622 000	354 000
Expenditure	905 000	872 000	465 000	173 000
Operating Profit	336 000	31 000	157 000	180 000
Financial Income	0	0	0	0
Financial Costs	55 000	47 000	12 000	18 000
Financial Balance	−55 000	−47 000	−12 000	−18 000
Earnings Before Tax	282 000	−16 000	146 000	162 000
Tax	168 000	−19 000	−59 000	36 000
Net Income	114 000	3 000	204 000	126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 906 000	2 752 000	2 087 000	329 000
Total Current Assets	476 000	440 000	879 000	334 000
Total Assets	2 382 000	3 192 000	2 966 000	664 000
Total Retained Equity	801 000	688 000	685 000	480 000
Total Equity	821 000	707 000	704 000	500 000
Total Long-Term Debt	971 000	1 088 000	0	52 000
Total Current Debt	590 000	1 397 000	2 262 000	112 000
Total Equity and Debt	2 382 000	3 192 000	2 966 000	664 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	954 000	1 010 000	354 000	354 000
Other Income	286 000	−108 000	268 000	0
Revenue	1 241 000	903 000	622 000	354 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	514 000	537 000	171 000	146 000
Impairment	0	0	0	0
Expenditure	905 000	872 000	465 000	173 000
Operating Profit	336 000	31 000	157 000	180 000
Financial Income	0	0	0	0
Financial Costs	55 000	47 000	12 000	18 000
Financial Balance	−55 000	−47 000	−12 000	−18 000
Dividends	0	0	0	0
Net Income	114 000	3 000	204 000	126 000

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	1 906 000	2 752 000	2 087 000	329 000
Fixtures	0	0	0	0
Total Tangible Assets	1 906 000	2 752 000	2 087 000	329 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 906 000	2 752 000	2 087 000	329 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	0	0	1 000
Total Current Assets	476 000	440 000	879 000	334 000
Total Assets	2 382 000	3 192 000	2 966 000	664 000
Total Equity	821 000	707 000	704 000	500 000
Short-Term Group Debt	386 000	1 308 000	2 198 000	0
Total Long-Term Debt	971 000	1 088 000	0	52 000
Creditors	128 000	88 000	64 000	46 000
Unpaid Taxes	12 000	0	0	15 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	590 000	1 397 000	2 262 000	112 000
Total Equity and Debt	2 382 000	3 192 000	2 966 000	664 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,89 %	0,42 %	28,98 %	25,2 %
Debt-to-Equity Ratio	1,18	1,54	0	0,1
Operating Profit Margin	27,07 %	3,43 %	25,24 %	50,85 %
Current Ratio	0,81	0,31	0,39	2,98
Quick Ratio	0,81	0,31	0,39	2,98
Equity Ratio	0,34	0,22	0,24	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %