J.E.T. AS

5022 BERGEN

Finances

Return on Equity

54 %

Current Ratio

2,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 285 000	2 089 000	1 975 000	727 000
Net Income	1 196 000	1 245 000	1 246 000	498 000
Total Assets	3 697 000	3 431 000	2 265 000	849 000
Total Equity	2 215 000	2 019 000	1 774 000	528 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 285 000	2 089 000	1 975 000	727 000
Expenditure	746 000	491 000	377 000	89 000
Operating Profit	1 539 000	1 597 000	1 599 000	638 000
Financial Income	2 000	0	0	0
Financial Costs	6 000	0	1 000	0
Financial Balance	−4 000	0	−1 000	0
Earnings Before Tax	1 535 000	1 597 000	1 598 000	638 000
Tax	339 000	352 000	352 000	140 000
Net Income	1 196 000	1 245 000	1 246 000	498 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	110 000	28 000	28 000	0
Total Current Assets	3 587 000	3 404 000	2 237 000	849 000
Total Assets	3 697 000	3 431 000	2 265 000	849 000
Total Retained Equity	2 185 000	1 989 000	1 744 000	498 000
Total Equity	2 215 000	2 019 000	1 774 000	528 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 482 000	1 412 000	491 000	321 000
Total Equity and Debt	3 697 000	3 431 000	2 265 000	849 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 298 000	2 089 000	1 975 000	727 000
Other Income	−13 000	0	0	0
Revenue	2 285 000	2 089 000	1 975 000	727 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	746 000	491 000	377 000	89 000
Operating Profit	1 539 000	1 597 000	1 599 000	638 000
Financial Income	2 000	0	0	0
Financial Costs	6 000	0	1 000	0
Financial Balance	−4 000	0	−1 000	0
Dividends	1 000 000	1 000 000	0	0
Net Income	1 196 000	1 245 000	1 246 000	498 000

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	0
Fixtures	28 000	28 000	28 000	0
Total Tangible Assets	28 000	28 000	28 000	0
Total Fiancial Fixed Assets	83 000	0	0	0
Total Fixed Assets	110 000	28 000	28 000	0
Stock	301 000	208 000	175 000	0
Total Investments	0	0	0	0
Cash, Bank	1 273 000	802 000	1 240 000	543 000
Total Current Assets	3 587 000	3 404 000	2 237 000	849 000
Total Assets	3 697 000	3 431 000	2 265 000	849 000
Total Equity	2 215 000	2 019 000	1 774 000	528 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	8 000	8 000	0
Unpaid Taxes	15 000	52 000	131 000	181 000
Dividends	1 000 000	1 000 000	0	0
Other Current Debt	128 000	0	0	0
Total Current Debt	1 482 000	1 412 000	491 000	321 000
Total Equity and Debt	3 697 000	3 431 000	2 265 000	849 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54 %	61,66 %	70,24 %	94,32 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	67,35 %	76,45 %	80,96 %	87,76 %
Current Ratio	2,42	2,41	4,56	2,64
Quick Ratio	3,04	2,83	7,08	2,64
Equity Ratio	0,6	0,59	0,78	0,62
Gross Profit Margin	100 %	100 %	100 %	100 %