JENS GRIDSVÅG AS

6698 LESUND

Finances

Share Ownership

Return on Equity

26,2 %

Current Ratio

6,73

Debt-to-Equity Ratio

1,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	439 000	400 000	150 000	62 000
Net Income	98 000	170 000	35 000	40 000
Total Assets	1 158 000	620 000	397 000	378 000
Total Equity	374 000	276 000	106 000	71 000

Income (NOK)	2022	2021	2020	2019
Revenue	439 000	400 000	150 000	62 000
Expenditure	293 000	163 000	88 000	10 000
Operating Profit	146 000	237 000	62 000	52 000
Financial Income	7 000	0	0	0
Financial Costs	28 000	19 000	17 000	1 000
Financial Balance	−21 000	−19 000	−17 000	−1 000
Earnings Before Tax	126 000	217 000	45 000	52 000
Tax	28 000	48 000	10 000	11 000
Net Income	98 000	170 000	35 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	626 000	248 000	207 000	259 000
Total Current Assets	532 000	372 000	190 000	119 000
Total Assets	1 158 000	620 000	397 000	378 000
Total Retained Equity	343 000	245 000	76 000	40 000
Total Equity	374 000	276 000	106 000	71 000
Total Long-Term Debt	705 000	249 000	271 000	307 000
Total Current Debt	79 000	95 000	20 000	0
Total Equity and Debt	1 158 000	620 000	397 000	378 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	439 000	400 000	150 000	62 000
Other Income	0	0	0	0
Revenue	439 000	400 000	150 000	62 000
Cost of Goods Sold	48 000	35 000	2 000	0
Salary Costs	38 000	0	0	0
Depreciation	49 000	51 000	52 000	9 000
Impairment	0	0	0	0
Expenditure	293 000	163 000	88 000	10 000
Operating Profit	146 000	237 000	62 000	52 000
Financial Income	7 000	0	0	0
Financial Costs	28 000	19 000	17 000	1 000
Financial Balance	−21 000	−19 000	−17 000	−1 000
Dividends	0	0	0	0
Net Income	98 000	170 000	35 000	40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	253 000	43 000	0	0
Machinery and Plant Facilities	69 000	87 000	108 000	136 000
Fixtures	304 000	119 000	99 000	124 000
Total Tangible Assets	626 000	248 000	207 000	259 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	626 000	248 000	207 000	259 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	452 000	200 000	55 000	90 000
Total Current Assets	532 000	372 000	190 000	119 000
Total Assets	1 158 000	620 000	397 000	378 000
Total Equity	374 000	276 000	106 000	71 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	705 000	249 000	271 000	307 000
Creditors	33 000	0	0	0
Unpaid Taxes	12 000	47 000	9 000	0
Dividends	0	0	0	0
Other Current Debt	14 000	0	0	0
Total Current Debt	79 000	95 000	20 000	0
Total Equity and Debt	1 158 000	620 000	397 000	378 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,2 %	61,59 %	33,02 %	56,34 %
Debt-to-Equity Ratio	1,89	0,9	2,56	4,32
Operating Profit Margin	33,26 %	59,25 %	41,33 %	83,87 %
Current Ratio	6,73	3,92	9,5	-
Quick Ratio	6,73	3,92	9,5	-
Equity Ratio	0,32	0,45	0,27	0,19
Gross Profit Margin	89,07 %	91,25 %	98,67 %	100 %