JETRO AS

4886 GRIMSTAD

Finances

Return on Equity

1,83 %

Current Ratio

4,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 876 000	9 644 000	10 228 000	8 575 000
Net Income	115 000	836 000	1 587 000	1 218 000
Total Assets	8 097 000	7 968 000	7 553 000	7 238 000
Total Equity	6 283 000	6 168 000	5 332 000	4 244 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 876 000	9 644 000	10 228 000	8 575 000
Expenditure	8 862 000	8 654 000	7 860 000	7 153 000
Operating Profit	15 000	990 000	2 369 000	1 422 000
Financial Income	22 000	4 000	7 000	9 000
Financial Costs	3 000	3 000	402 000	3 000
Financial Balance	19 000	1 000	−395 000	6 000
Earnings Before Tax	34 000	991 000	1 974 000	1 428 000
Tax	−81 000	155 000	386 000	210 000
Net Income	115 000	836 000	1 587 000	1 218 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	503 000	245 000	438 000	977 000
Total Current Assets	7 594 000	7 724 000	7 115 000	6 261 000
Total Assets	8 097 000	7 968 000	7 553 000	7 238 000
Total Retained Equity	6 183 000	6 068 000	5 232 000	4 144 000
Total Equity	6 283 000	6 168 000	5 332 000	4 244 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 813 000	1 800 000	2 221 000	2 994 000
Total Equity and Debt	8 097 000	7 968 000	7 553 000	7 238 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 916 000	9 357 000	9 427 000	8 575 000
Other Income	960 000	286 000	801 000	0
Revenue	8 876 000	9 644 000	10 228 000	8 575 000
Cost of Goods Sold	708 000	921 000	1 655 000	1 142 000
Salary Costs	6 971 000	6 859 000	5 445 000	5 087 000
Depreciation	123 000	220 000	209 000	293 000
Impairment	0	0	0	0
Expenditure	8 862 000	8 654 000	7 860 000	7 153 000
Operating Profit	15 000	990 000	2 369 000	1 422 000
Financial Income	22 000	4 000	7 000	9 000
Financial Costs	3 000	3 000	402 000	3 000
Financial Balance	19 000	1 000	−395 000	6 000
Dividends	0	0	0	0
Net Income	115 000	836 000	1 587 000	1 218 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	83 000	107 000	302 000	499 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	20 000	38 000	36 000	28 000
Total Tangible Assets	20 000	38 000	36 000	28 000
Total Fiancial Fixed Assets	400 000	100 000	100 000	450 000
Total Fixed Assets	503 000	245 000	438 000	977 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 618 000	4 650 000	3 873 000	3 940 000
Total Current Assets	7 594 000	7 724 000	7 115 000	6 261 000
Total Assets	8 097 000	7 968 000	7 553 000	7 238 000
Total Equity	6 283 000	6 168 000	5 332 000	4 244 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	156 000	81 000	282 000	92 000
Unpaid Taxes	742 000	935 000	915 000	810 000
Dividends	0	0	0	0
Other Current Debt	915 000	628 000	638 000	1 883 000
Total Current Debt	1 813 000	1 800 000	2 221 000	2 994 000
Total Equity and Debt	8 097 000	7 968 000	7 553 000	7 238 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,83 %	13,55 %	29,76 %	28,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	0,17 %	10,27 %	23,16 %	16,58 %
Current Ratio	4,19	4,29	3,2	2,09
Quick Ratio	4,19	4,29	3,2	2,09
Equity Ratio	0,78	0,77	0,71	0,59
Gross Profit Margin	92,02 %	90,45 %	83,82 %	86,68 %