JOLANG AS

4028 STAVANGER

Finances

Return on Equity

17,37 %

Current Ratio

13,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 079 000	217 000	217 000	217 000
Net Income	5 473 000	9 041 000	561 000	2 825 000
Total Assets	33 846 000	30 226 000	23 224 000	24 581 000
Total Equity	31 501 000	28 029 000	20 988 000	22 426 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 079 000	217 000	217 000	217 000
Expenditure	240 000	135 000	140 000	153 000
Operating Profit	839 000	81 000	76 000	63 000
Financial Income	5 841 000	9 038 000	673 000	2 812 000
Financial Costs	1 002 000	2 000	70 000	15 000
Financial Balance	4 839 000	9 036 000	603 000	2 797 000
Earnings Before Tax	5 678 000	9 118 000	680 000	2 860 000
Tax	205 000	76 000	118 000	34 000
Net Income	5 473 000	9 041 000	561 000	2 825 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 063 000	4 557 000	4 419 000	7 886 000
Total Current Assets	29 783 000	25 669 000	18 805 000	16 695 000
Total Assets	33 846 000	30 226 000	23 224 000	24 581 000
Total Retained Equity	27 261 000	23 789 000	16 748 000	18 186 000
Total Equity	31 501 000	28 029 000	20 988 000	22 426 000
Total Long-Term Debt	130 000	0	0	0
Total Current Debt	2 214 000	2 197 000	2 236 000	2 155 000
Total Equity and Debt	33 846 000	30 226 000	23 224 000	24 581 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 079 000	217 000	217 000	217 000
Revenue	1 079 000	217 000	217 000	217 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	28 000	28 000	28 000	28 000
Impairment	0	0	0	0
Expenditure	240 000	135 000	140 000	153 000
Operating Profit	839 000	81 000	76 000	63 000
Financial Income	5 841 000	9 038 000	673 000	2 812 000
Financial Costs	1 002 000	2 000	70 000	15 000
Financial Balance	4 839 000	9 036 000	603 000	2 797 000
Dividends	2 000 000	2 000 000	2 000 000	2 000 000
Net Income	5 473 000	9 041 000	561 000	2 825 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	21 000	18 000	17 000
Real Eastate	4 000	671 000	699 000	728 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 000	671 000	699 000	728 000
Total Fiancial Fixed Assets	4 059 000	3 865 000	3 701 000	7 142 000
Total Fixed Assets	4 063 000	4 557 000	4 419 000	7 886 000
Stock	0	0	0	0
Total Investments	19 315 000	17 913 000	11 851 000	11 816 000
Cash, Bank	8 598 000	7 756 000	6 953 000	4 552 000
Total Current Assets	29 783 000	25 669 000	18 805 000	16 695 000
Total Assets	33 846 000	30 226 000	23 224 000	24 581 000
Total Equity	31 501 000	28 029 000	20 988 000	22 426 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	130 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	2 000 000	2 000 000	2 000 000	2 000 000
Other Current Debt	160 000	119 000	119 000	119 000
Total Current Debt	2 214 000	2 197 000	2 236 000	2 155 000
Total Equity and Debt	33 846 000	30 226 000	23 224 000	24 581 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,37 %	32,26 %	2,67 %	12,6 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	77,76 %	37,33 %	35,02 %	29,03 %
Current Ratio	13,45	11,68	8,41	7,75
Quick Ratio	13,45	11,68	8,41	7,75
Equity Ratio	0,93	0,93	0,9	0,91
Gross Profit Margin	100 %	100 %	100 %	100 %