JØRGENSEN MALERSERVICE GRIMSTAD AS

4876 GRIMSTAD

Finances

Share Ownership

Return on Equity

10,89 %

Current Ratio

1,21

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020
Revenue	3 421 000	1 578 000	902 000
Net Income	38 000	−23 000	305 000
Total Assets	769 000	618 000	525 000
Total Equity	349 000	312 000	335 000

Income (NOK)	2022	2021	2020
Revenue	3 421 000	1 578 000	902 000
Expenditure	3 353 000	1 608 000	510 000
Operating Profit	67 000	−30 000	391 000
Financial Income	0	0	0
Financial Costs	4 000	0	0
Financial Balance	−4 000	0	0
Earnings Before Tax	63 000	−30 000	391 000
Tax	26 000	−6 000	86 000
Net Income	38 000	−23 000	305 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	268 000	302 000	178 000
Total Current Assets	500 000	316 000	347 000
Total Assets	769 000	618 000	525 000
Total Retained Equity	319 000	282 000	305 000
Total Equity	349 000	312 000	335 000
Total Long-Term Debt	8 000	0	7 000
Total Current Debt	412 000	305 000	183 000
Total Equity and Debt	769 000	618 000	525 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 421 000	1 578 000	902 000
Other Income	0	0	0
Revenue	3 421 000	1 578 000	902 000
Cost of Goods Sold	567 000	291 000	173 000
Salary Costs	2 174 000	995 000	230 000
Depreciation	71 000	60 000	14 000
Impairment	0	0	0
Expenditure	3 353 000	1 608 000	510 000
Operating Profit	67 000	−30 000	391 000
Financial Income	0	0	0
Financial Costs	4 000	0	0
Financial Balance	−4 000	0	0
Dividends	0	0	0
Net Income	38 000	−23 000	305 000

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	0	0	0
Fixtures	268 000	302 000	171 000
Total Tangible Assets	268 000	302 000	171 000
Total Fiancial Fixed Assets	0	0	7 000
Total Fixed Assets	268 000	302 000	178 000
Stock	152 000	142 000	37 000
Total Investments	0	0	0
Cash, Bank	228 000	75 000	58 000
Total Current Assets	500 000	316 000	347 000
Total Assets	769 000	618 000	525 000
Total Equity	349 000	312 000	335 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	8 000	0	7 000
Creditors	86 000	9 000	20 000
Unpaid Taxes	62 000	57 000	31 000
Dividends	0	0	0
Other Current Debt	245 000	239 000	53 000
Total Current Debt	412 000	305 000	183 000
Total Equity and Debt	769 000	618 000	525 000

Financial indicators	2022	2021	2020
Return on Equity	10,89 %	−7,37 %	91,04 %
Debt-to-Equity Ratio	0,02	0	0,02
Operating Profit Margin	1,96 %	−1,9 %	43,35 %
Current Ratio	1,21	1,04	1,9
Quick Ratio	1,92	1,94	2,38
Equity Ratio	0,45	0,5	0,64
Gross Profit Margin	83,43 %	81,56 %	80,82 %