J.O FLEMSÆTER AS

6636 ANGVIK

Finances

Share Ownership

Return on Equity

−18,93 %

Current Ratio

0,85

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 743 000	1 419 000	1 666 000	1 579 000
Net Income	−128 000	34 000	216 000	184 000
Total Assets	1 051 000	1 029 000	1 100 000	936 000
Total Equity	676 000	804 000	770 000	583 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 743 000	1 419 000	1 666 000	1 579 000
Expenditure	1 902 000	1 370 000	1 387 000	1 343 000
Operating Profit	−159 000	49 000	279 000	236 000
Financial Income	1 000	0	0	1 000
Financial Costs	6 000	0	2 000	0
Financial Balance	−5 000	0	−2 000	1 000
Earnings Before Tax	−164 000	49 000	277 000	236 000
Tax	−36 000	15 000	61 000	52 000
Net Income	−128 000	34 000	216 000	184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	733 000	628 000	670 000	601 000
Total Current Assets	317 000	401 000	430 000	335 000
Total Assets	1 051 000	1 029 000	1 100 000	936 000
Total Retained Equity	576 000	704 000	670 000	483 000
Total Equity	676 000	804 000	770 000	583 000
Total Long-Term Debt	0	5 000	9 000	9 000
Total Current Debt	375 000	219 000	320 000	344 000
Total Equity and Debt	1 051 000	1 029 000	1 100 000	936 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 743 000	1 419 000	1 666 000	1 549 000
Other Income	0	0	0	30 000
Revenue	1 743 000	1 419 000	1 666 000	1 579 000
Cost of Goods Sold	348 000	175 000	113 000	266 000
Salary Costs	125 000	49 000	55 000	53 000
Depreciation	50 000	136 000	136 000	101 000
Impairment	0	0	0	0
Expenditure	1 902 000	1 370 000	1 387 000	1 343 000
Operating Profit	−159 000	49 000	279 000	236 000
Financial Income	1 000	0	0	1 000
Financial Costs	6 000	0	2 000	0
Financial Balance	−5 000	0	−2 000	1 000
Dividends	0	0	29 000	50 000
Net Income	−128 000	34 000	216 000	184 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	671 000	584 000	0	0
Fixtures	0	0	604 000	509 000
Total Tangible Assets	671 000	584 000	604 000	509 000
Total Fiancial Fixed Assets	32 000	43 000	66 000	92 000
Total Fixed Assets	733 000	628 000	670 000	601 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	132 000	180 000	221 000	145 000
Total Current Assets	317 000	401 000	430 000	335 000
Total Assets	1 051 000	1 029 000	1 100 000	936 000
Total Equity	676 000	804 000	770 000	583 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	9 000	9 000
Creditors	191 000	136 000	235 000	231 000
Unpaid Taxes	28 000	37 000	7 000	12 000
Dividends	0	0	29 000	50 000
Other Current Debt	155 000	26 000	18 000	23 000
Total Current Debt	375 000	219 000	320 000	344 000
Total Equity and Debt	1 051 000	1 029 000	1 100 000	936 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−18,93 %	4,23 %	28,05 %	31,56 %
Debt-to-Equity Ratio	0	0,01	0,01	0,02
Operating Profit Margin	−9,12 %	3,45 %	16,75 %	14,95 %
Current Ratio	0,85	1,83	1,34	0,97
Quick Ratio	0,85	1,83	1,34	0,97
Equity Ratio	0,64	0,78	0,7	0,62
Gross Profit Margin	80,03 %	87,67 %	93,22 %	83,15 %