JTK RØRSERVICE AS

3178 VÅLE

Finances

Share Ownership

Return on Equity

37,34 %

Current Ratio

2,49

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 097 000	14 467 000	12 800 000	9 505 000
Net Income	1 540 000	1 281 000	909 000	658 000
Total Assets	6 819 000	5 980 000	4 971 000	3 620 000
Total Equity	4 124 000	3 084 000	2 303 000	1 894 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 097 000	14 467 000	12 800 000	9 505 000
Expenditure	14 104 000	12 814 000	11 650 000	8 645 000
Operating Profit	1 994 000	1 653 000	1 150 000	860 000
Financial Income	11 000	2 000	3 000	4 000
Financial Costs	4 000	13 000	9 000	10 000
Financial Balance	7 000	−11 000	−6 000	−6 000
Earnings Before Tax	2 001 000	1 642 000	1 144 000	854 000
Tax	461 000	361 000	235 000	196 000
Net Income	1 540 000	1 281 000	909 000	658 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	117 000	171 000	196 000	211 000
Total Current Assets	6 703 000	5 809 000	4 775 000	3 409 000
Total Assets	6 819 000	5 980 000	4 971 000	3 620 000
Total Retained Equity	4 094 000	3 054 000	2 273 000	1 864 000
Total Equity	4 124 000	3 084 000	2 303 000	1 894 000
Total Long-Term Debt	0	17 000	29 000	0
Total Current Debt	2 695 000	2 879 000	2 639 000	1 725 000
Total Equity and Debt	6 819 000	5 980 000	4 971 000	3 620 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 097 000	14 467 000	12 799 000	9 505 000
Other Income	0	0	1 000	0
Revenue	16 097 000	14 467 000	12 800 000	9 505 000
Cost of Goods Sold	10 424 000	9 316 000	8 415 000	5 858 000
Salary Costs	2 185 000	2 268 000	1 683 000	1 809 000
Depreciation	44 000	53 000	45 000	21 000
Impairment	0	0	0	0
Expenditure	14 104 000	12 814 000	11 650 000	8 645 000
Operating Profit	1 994 000	1 653 000	1 150 000	860 000
Financial Income	11 000	2 000	3 000	4 000
Financial Costs	4 000	13 000	9 000	10 000
Financial Balance	7 000	−11 000	−6 000	−6 000
Dividends	500 000	500 000	500 000	0
Net Income	1 540 000	1 281 000	909 000	658 000

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	21 000	28 000	36 000	0
Fixtures	95 000	132 000	141 000	185 000
Total Tangible Assets	116 000	160 000	177 000	185 000
Total Fiancial Fixed Assets	1 000	11 000	19 000	26 000
Total Fixed Assets	117 000	171 000	196 000	211 000
Stock	67 000	97 000	68 000	52 000
Total Investments	0	0	0	0
Cash, Bank	3 488 000	3 585 000	3 263 000	1 752 000
Total Current Assets	6 703 000	5 809 000	4 775 000	3 409 000
Total Assets	6 819 000	5 980 000	4 971 000	3 620 000
Total Equity	4 124 000	3 084 000	2 303 000	1 894 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	17 000	29 000	0
Creditors	1 011 000	824 000	1 706 000	1 014 000
Unpaid Taxes	456 000	924 000	91 000	171 000
Dividends	500 000	500 000	500 000	0
Other Current Debt	250 000	258 000	136 000	344 000
Total Current Debt	2 695 000	2 879 000	2 639 000	1 725 000
Total Equity and Debt	6 819 000	5 980 000	4 971 000	3 620 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,34 %	41,54 %	39,47 %	34,74 %
Debt-to-Equity Ratio	0	0,01	0,01	0
Operating Profit Margin	12,39 %	11,43 %	8,98 %	9,05 %
Current Ratio	2,49	2,02	1,81	1,98
Quick Ratio	2,55	2,09	1,86	2,04
Equity Ratio	0,6	0,52	0,46	0,52
Gross Profit Margin	35,24 %	35,61 %	34,26 %	38,37 %