KNUT JØRSTAD AS

2943 ROGNE

Finances

Return on Equity

46,82 %

Current Ratio

94,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	0	0	0
Net Income	1 532 000	19 000	27 000	35 000
Total Assets	3 302 000	3 184 000	3 168 000	3 181 000
Total Equity	3 272 000	3 040 000	3 160 000	3 133 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	0	0	0
Expenditure	11 000	10 000	10 000	7 000
Operating Profit	39 000	−10 000	−10 000	−7 000
Financial Income	1 515 000	34 000	44 000	52 000
Financial Costs	0	0	0	0
Financial Balance	1 515 000	34 000	44 000	52 000
Earnings Before Tax	1 554 000	24 000	34 000	45 000
Tax	22 000	5 000	8 000	10 000
Net Income	1 532 000	19 000	27 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	480 000	880 000	880 000	480 000
Total Current Assets	2 822 000	2 304 000	2 288 000	2 701 000
Total Assets	3 302 000	3 184 000	3 168 000	3 181 000
Total Retained Equity	492 000	260 000	380 000	353 000
Total Equity	3 272 000	3 040 000	3 160 000	3 133 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	30 000	144 000	8 000	48 000
Total Equity and Debt	3 302 000	3 184 000	3 168 000	3 181 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	50 000	0	0	0
Revenue	50 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	11 000	10 000	10 000	7 000
Operating Profit	39 000	−10 000	−10 000	−7 000
Financial Income	1 515 000	34 000	44 000	52 000
Financial Costs	0	0	0	0
Financial Balance	1 515 000	34 000	44 000	52 000
Dividends	1 300 000	139 000	0	0
Net Income	1 532 000	19 000	27 000	35 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	465 000	865 000	865 000	465 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	465 000	865 000	865 000	465 000
Total Fiancial Fixed Assets	15 000	15 000	15 000	15 000
Total Fixed Assets	480 000	880 000	880 000	480 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 070 000	1 428 000	2 000	42 000
Total Current Assets	2 822 000	2 304 000	2 288 000	2 701 000
Total Assets	3 302 000	3 184 000	3 168 000	3 181 000
Total Equity	3 272 000	3 040 000	3 160 000	3 133 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	1 300 000	139 000	0	0
Other Current Debt	8 000	0	0	38 000
Total Current Debt	30 000	144 000	8 000	48 000
Total Equity and Debt	3 302 000	3 184 000	3 168 000	3 181 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,82 %	0,63 %	0,85 %	1,12 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	78 %	-	-	-
Current Ratio	94,07	16	286	56,27
Quick Ratio	94,07	16	286	56,27
Equity Ratio	0,99	0,95	1	0,98
Gross Profit Margin	100 %	-	-	-