JØRGENSEN EIENDOM NORD AS

8663 MOSJØEN

Finances

Share Ownership

Return on Equity

357,29 %

Current Ratio

1,98

Debt-to-Equity Ratio

Key figures (NOK)	2020	2019	2018
Revenue	15 518 000	0	113 000
Net Income	2 401 000	−198 000	−61 000
Total Assets	1 304 000	599 000	1 418 000
Total Equity	672 000	−229 000	−31 000

Income (NOK)	2020	2019	2018
Revenue	15 518 000	0	113 000
Expenditure	12 460 000	186 000	86 000
Operating Profit	3 057 000	−186 000	26 000
Financial Income	2 000	0	0
Financial Costs	54 000	12 000	87 000
Financial Balance	−52 000	−12 000	−87 000
Earnings Before Tax	3 005 000	−198 000	−61 000
Tax	604 000	0	0
Net Income	2 401 000	−198 000	−61 000

Balance (NOK)	2020	2019	2018
Total Fixed Assets	50 000	11 281 000	1 416 000
Total Current Assets	1 254 000	−10 682 000	2 000
Total Assets	1 304 000	599 000	1 418 000
Total Retained Equity	642 000	−259 000	−61 000
Total Equity	672 000	−229 000	−31 000
Total Long-Term Debt	0	0	1 413 000
Total Current Debt	632 000	828 000	36 000
Total Equity and Debt	1 304 000	599 000	1 418 000

Cash flow (NOK)	2020	2019	2018
Sales Income	15 518 000	0	0
Other Income	0	0	113 000
Revenue	15 518 000	0	113 000
Cost of Goods Sold	12 338 000	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	12 460 000	186 000	86 000
Operating Profit	3 057 000	−186 000	26 000
Financial Income	2 000	0	0
Financial Costs	54 000	12 000	87 000
Financial Balance	−52 000	−12 000	−87 000
Dividends	1 500 000	0	0
Net Income	2 401 000	−198 000	−61 000

Balance details (NOK)	2020	2019	2018
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	11 281 000	1 416 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	11 281 000	1 416 000
Total Fiancial Fixed Assets	50 000	0	0
Total Fixed Assets	50 000	11 281 000	1 416 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	1 254 000	−10 702 000	2 000
Total Current Assets	1 254 000	−10 682 000	2 000
Total Assets	1 304 000	599 000	1 418 000
Total Equity	672 000	−229 000	−31 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	1 413 000
Creditors	0	625 000	0
Unpaid Taxes	0	0	0
Dividends	1 500 000	0	0
Other Current Debt	28 000	203 000	36 000
Total Current Debt	632 000	828 000	36 000
Total Equity and Debt	1 304 000	599 000	1 418 000

Financial indicators	2020	2019	2018
Return on Equity	357,29 %	86,46 %	196,77 %
Debt-to-Equity Ratio	0	−0	−45,58
Operating Profit Margin	19,7 %	-	23,01 %
Current Ratio	1,98	−12,9	0,06
Quick Ratio	1,98	−12,9	0,06
Equity Ratio	0,52	−0,38	−0,02
Gross Profit Margin	20,49 %	-	100 %