JETT TECHNOLOGIES AS

6518 KRISTIANSUND N

Finances

Share Ownership

Return on Equity

−1 488,34 %

Current Ratio

1,07

Debt-to-Equity Ratio

10,23

Key figures (NOK)	2021	2020	2019	2018
Revenue	22 897 000	43 455 000	14 058 000	3 824 000
Net Income	−2 426 000	1 736 000	343 000	64 000
Total Assets	8 673 000	50 682 000	12 401 000	5 499 000
Total Equity	163 000	2 589 000	1 929 000	1 586 000

Income (NOK)	2021	2020	2019	2018
Revenue	22 897 000	43 455 000	14 058 000	3 824 000
Expenditure	24 824 000	40 938 000	13 313 000	3 686 000
Operating Profit	−1 927 000	2 519 000	745 000	139 000
Financial Income	0	2 000	0	0
Financial Costs	1 151 000	294 000	304 000	57 000
Financial Balance	−1 151 000	−292 000	−304 000	−57 000
Earnings Before Tax	−3 078 000	2 226 000	440 000	82 000
Tax	−652 000	491 000	98 000	18 000
Net Income	−2 426 000	1 736 000	343 000	64 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 344 000	1 190 000	3 710 000	3 896 000
Total Current Assets	7 329 000	49 493 000	8 691 000	1 603 000
Total Assets	8 673 000	50 682 000	12 401 000	5 499 000
Total Retained Equity	−1 360 000	1 067 000	406 000	64 000
Total Equity	163 000	2 589 000	1 929 000	1 586 000
Total Long-Term Debt	1 667 000	12 009 000	3 065 000	3 093 000
Total Current Debt	6 843 000	36 084 000	7 407 000	819 000
Total Equity and Debt	8 673 000	50 682 000	12 401 000	5 499 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	22 978 000	43 340 000	14 031 000	3 724 000
Other Income	−82 000	116 000	27 000	100 000
Revenue	22 897 000	43 455 000	14 058 000	3 824 000
Cost of Goods Sold	17 677 000	33 977 000	5 259 000	1 255 000
Salary Costs	4 832 000	4 901 000	4 353 000	1 001 000
Depreciation	327 000	347 000	569 000	187 000
Impairment	0	0	0	0
Expenditure	24 824 000	40 938 000	13 313 000	3 686 000
Operating Profit	−1 927 000	2 519 000	745 000	139 000
Financial Income	0	2 000	0	0
Financial Costs	1 151 000	294 000	304 000	57 000
Financial Balance	−1 151 000	−292 000	−304 000	−57 000
Dividends	0	0	0	0
Net Income	−2 426 000	1 736 000	343 000	64 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	143 000	0
Total Intangible Assets	602 000	114 000	143 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	683 000	915 000	3 395 000	3 780 000
Total Tangible Assets	683 000	997 000	3 494 000	3 896 000
Total Fiancial Fixed Assets	59 000	79 000	73 000	0
Total Fixed Assets	1 344 000	1 190 000	3 710 000	3 896 000
Stock	0	0	0	124 000
Total Investments	0	0	0	0
Cash, Bank	5 000	85 000	677 000	414 000
Total Current Assets	7 329 000	49 493 000	8 691 000	1 603 000
Total Assets	8 673 000	50 682 000	12 401 000	5 499 000
Total Equity	163 000	2 589 000	1 929 000	1 586 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 667 000	12 009 000	3 065 000	3 093 000
Creditors	2 710 000	12 406 000	853 000	324 000
Unpaid Taxes	1 493 000	7 726 000	1 079 000	208 000
Dividends	0	0	0	0
Other Current Debt	627 000	14 319 000	5 157 000	287 000
Total Current Debt	6 843 000	36 084 000	7 407 000	819 000
Total Equity and Debt	8 673 000	50 682 000	12 401 000	5 499 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−1 488,34 %	67,05 %	17,78 %	4,04 %
Debt-to-Equity Ratio	10,23	4,64	1,59	1,95
Operating Profit Margin	−8,42 %	5,8 %	5,3 %	3,63 %
Current Ratio	1,07	1,37	1,17	1,96
Quick Ratio	1,07	1,37	1,17	2,31
Equity Ratio	0,02	0,05	0,16	0,29
Gross Profit Margin	22,8 %	21,81 %	62,59 %	67,18 %