JØRGENSENS INSTRUMENTVERKSTED AS

1397 NESØYA

Finances

Share Ownership

Return on Equity

33,59 %

Current Ratio

3,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	686 000	542 000	460 000	975 000
Net Income	649 000	376 000	209 000	408 000
Total Assets	2 649 000	2 353 000	2 282 000	2 352 000
Total Equity	1 932 000	1 783 000	1 907 000	1 897 000

Income (NOK)	2022	2021	2020	2019
Revenue	686 000	542 000	460 000	975 000
Expenditure	434 000	315 000	314 000	400 000
Operating Profit	251 000	227 000	146 000	575 000
Financial Income	593 000	199 000	95 000	4 000
Financial Costs	140 000	0	0	35 000
Financial Balance	453 000	199 000	95 000	−31 000
Earnings Before Tax	704 000	426 000	241 000	544 000
Tax	55 000	50 000	32 000	136 000
Net Income	649 000	376 000	209 000	408 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	170 000	212 000	1 881 000	332 000
Total Current Assets	2 480 000	2 141 000	401 000	2 020 000
Total Assets	2 649 000	2 353 000	2 282 000	2 352 000
Total Retained Equity	1 782 000	1 633 000	1 757 000	1 747 000
Total Equity	1 932 000	1 783 000	1 907 000	1 897 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	718 000	570 000	375 000	454 000
Total Equity and Debt	2 649 000	2 353 000	2 282 000	2 352 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	686 000	542 000	460 000	975 000
Other Income	0	0	0	0
Revenue	686 000	542 000	460 000	975 000
Cost of Goods Sold	0	0	0	0
Salary Costs	10 000	10 000	10 000	10 000
Depreciation	42 000	53 000	66 000	83 000
Impairment	0	0	0	0
Expenditure	434 000	315 000	314 000	400 000
Operating Profit	251 000	227 000	146 000	575 000
Financial Income	593 000	199 000	95 000	4 000
Financial Costs	140 000	0	0	35 000
Financial Balance	453 000	199 000	95 000	−31 000
Dividends	500 000	500 000	200 000	200 000
Net Income	649 000	376 000	209 000	408 000

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	0	0	0	98 000
Fixtures	170 000	212 000	265 000	234 000
Total Tangible Assets	170 000	212 000	265 000	332 000
Total Fiancial Fixed Assets	0	0	1 615 000	0
Total Fixed Assets	170 000	212 000	1 881 000	332 000
Stock	0	0	0	0
Total Investments	2 225 000	1 815 000	0	1 560 000
Cash, Bank	105 000	123 000	348 000	346 000
Total Current Assets	2 480 000	2 141 000	401 000	2 020 000
Total Assets	2 649 000	2 353 000	2 282 000	2 352 000
Total Equity	1 932 000	1 783 000	1 907 000	1 897 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	28 000	20 000	27 000	16 000
Dividends	500 000	500 000	200 000	200 000
Other Current Debt	134 000	0	116 000	112 000
Total Current Debt	718 000	570 000	375 000	454 000
Total Equity and Debt	2 649 000	2 353 000	2 282 000	2 352 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,59 %	21,09 %	10,96 %	21,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	36,59 %	41,88 %	31,74 %	58,97 %
Current Ratio	3,45	3,76	1,07	4,45
Quick Ratio	3,45	3,76	1,07	4,45
Equity Ratio	0,73	0,76	0,84	0,81
Gross Profit Margin	100 %	100 %	100 %	100 %