JAN ERIK GROSSÅS AS

4715 ØVREBØ

Finances

Share Ownership

Return on Equity

41,04 %

Current Ratio

4,14

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020
Revenue	1 813 000	2 264 000	1 119 000
Net Income	268 000	19 000	132 000
Total Assets	894 000	817 000	826 000
Total Equity	653 000	385 000	366 000

Income (NOK)	2022	2021	2020
Revenue	1 813 000	2 264 000	1 119 000
Expenditure	1 470 000	2 239 000	954 000
Operating Profit	344 000	25 000	165 000
Financial Income	0	0	0
Financial Costs	1 000	1 000	0
Financial Balance	−1 000	−1 000	0
Earnings Before Tax	343 000	25 000	165 000
Tax	76 000	5 000	33 000
Net Income	268 000	19 000	132 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	264 000	331 000	330 000
Total Current Assets	630 000	487 000	496 000
Total Assets	894 000	817 000	826 000
Total Retained Equity	403 000	135 000	121 000
Total Equity	653 000	385 000	366 000
Total Long-Term Debt	89 000	13 000	11 000
Total Current Debt	152 000	419 000	450 000
Total Equity and Debt	894 000	817 000	826 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 385 000	2 264 000	1 119 000
Other Income	428 000	0	0
Revenue	1 813 000	2 264 000	1 119 000
Cost of Goods Sold	78 000	569 000	3 000
Salary Costs	610 000	776 000	362 000
Depreciation	23 000	18 000	14 000
Impairment	0	0	0
Expenditure	1 470 000	2 239 000	954 000
Operating Profit	344 000	25 000	165 000
Financial Income	0	0	0
Financial Costs	1 000	1 000	0
Financial Balance	−1 000	−1 000	0
Dividends	0	0	0
Net Income	268 000	19 000	132 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	23 000	29 000	0
Fixtures	129 000	146 000	131 000
Total Tangible Assets	152 000	175 000	131 000
Total Fiancial Fixed Assets	112 000	156 000	199 000
Total Fixed Assets	264 000	331 000	330 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	585 000	399 000	357 000
Total Current Assets	630 000	487 000	496 000
Total Assets	894 000	817 000	826 000
Total Equity	653 000	385 000	366 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	89 000	13 000	11 000
Creditors	15 000	90 000	52 000
Unpaid Taxes	41 000	236 000	139 000
Dividends	0	0	0
Other Current Debt	96 000	90 000	237 000
Total Current Debt	152 000	419 000	450 000
Total Equity and Debt	894 000	817 000	826 000

Financial indicators	2022	2021	2020
Return on Equity	41,04 %	4,94 %	36,07 %
Debt-to-Equity Ratio	0,14	0,03	0,03
Operating Profit Margin	18,97 %	1,1 %	14,75 %
Current Ratio	4,14	1,16	1,1
Quick Ratio	4,14	1,16	1,1
Equity Ratio	0,73	0,47	0,44
Gross Profit Margin	95,7 %	74,87 %	99,73 %