JØRN GULBRANDSEN AS

1162 OSLO

Finances

Return on Equity

11,14 %

Current Ratio

113,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 000	25 000	25 000	46 000
Net Income	1 298 000	−39 000	60 000	3 095 000
Total Assets	11 676 000	10 819 000	11 308 000	12 347 000
Total Equity	11 656 000	10 358 000	11 298 000	12 338 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 000	25 000	25 000	46 000
Expenditure	33 000	121 000	57 000	−217 000
Operating Profit	−8 000	−96 000	−32 000	263 000
Financial Income	1 481 000	139 000	222 000	2 979 000
Financial Costs	155 000	82 000	129 000	0
Financial Balance	1 326 000	57 000	93 000	2 979 000
Earnings Before Tax	1 318 000	−39 000	60 000	3 242 000
Tax	20 000	0	0	147 000
Net Income	1 298 000	−39 000	60 000	3 095 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 402 000	8 631 000	8 009 000	7 734 000
Total Current Assets	2 274 000	2 188 000	3 299 000	4 613 000
Total Assets	11 676 000	10 819 000	11 308 000	12 347 000
Total Retained Equity	11 606 000	10 308 000	11 248 000	12 288 000
Total Equity	11 656 000	10 358 000	11 298 000	12 338 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	20 000	460 000	10 000	9 000
Total Equity and Debt	11 676 000	10 819 000	11 308 000	12 347 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 000	25 000	25 000	46 000
Other Income	0	0	0	0
Revenue	25 000	25 000	25 000	46 000
Cost of Goods Sold	0	0	0	4 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	33 000	121 000	57 000	−217 000
Operating Profit	−8 000	−96 000	−32 000	263 000
Financial Income	1 481 000	139 000	222 000	2 979 000
Financial Costs	155 000	82 000	129 000	0
Financial Balance	1 326 000	57 000	93 000	2 979 000
Dividends	0	0	0	900 000
Net Income	1 298 000	−39 000	60 000	3 095 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	9 402 000	8 631 000	8 009 000	7 734 000
Total Fixed Assets	9 402 000	8 631 000	8 009 000	7 734 000
Stock	0	0	0	0
Total Investments	195 000	487 000	70 000	70 000
Cash, Bank	1 843 000	597 000	1 590 000	1 224 000
Total Current Assets	2 274 000	2 188 000	3 299 000	4 613 000
Total Assets	11 676 000	10 819 000	11 308 000	12 347 000
Total Equity	11 656 000	10 358 000	11 298 000	12 338 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	9 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	900 000
Other Current Debt	0	460 000	10 000	0
Total Current Debt	20 000	460 000	10 000	9 000
Total Equity and Debt	11 676 000	10 819 000	11 308 000	12 347 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,14 %	−0,38 %	0,53 %	25,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−32 %	−384 %	−128 %	571,74 %
Current Ratio	113,7	4,76	329,9	512,56
Quick Ratio	113,7	4,76	329,9	512,56
Equity Ratio	1	0,96	1	1
Gross Profit Margin	100 %	100 %	100 %	91,3 %