JETGRUNN AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

47,61 %

Current Ratio

0,91

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 961 000	20 397 000	32 756 000	16 485 000
Net Income	1 471 000	−1 530 000	−72 000	−4 127 000
Total Assets	10 033 000	11 382 000	7 687 000	9 393 000
Total Equity	3 090 000	618 000	498 000	571 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 961 000	20 397 000	32 756 000	16 485 000
Expenditure	37 127 000	21 663 000	32 261 000	20 202 000
Operating Profit	1 833 000	−1 267 000	495 000	−3 716 000
Financial Income	16 000	40 000	42 000	20 000
Financial Costs	377 000	303 000	609 000	430 000
Financial Balance	−361 000	−263 000	−567 000	−410 000
Earnings Before Tax	1 471 000	−1 530 000	−72 000	−4 127 000
Tax	0	0	0	0
Net Income	1 471 000	−1 530 000	−72 000	−4 127 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 040 000	4 809 000	5 177 000	5 747 000
Total Current Assets	5 993 000	6 573 000	2 510 000	3 646 000
Total Assets	10 033 000	11 382 000	7 687 000	9 393 000
Total Retained Equity	−1 210 000	−2 682 000	−2 802 000	−2 729 000
Total Equity	3 090 000	618 000	498 000	571 000
Total Long-Term Debt	333 000	667 000	1 298 000	3 833 000
Total Current Debt	6 610 000	10 097 000	5 891 000	4 989 000
Total Equity and Debt	10 033 000	11 382 000	7 687 000	9 393 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	38 961 000	20 397 000	32 756 000	16 485 000
Other Income	0	0	0	0
Revenue	38 961 000	20 397 000	32 756 000	16 485 000
Cost of Goods Sold	14 664 000	7 811 000	10 512 000	4 095 000
Salary Costs	11 980 000	7 957 000	10 286 000	9 325 000
Depreciation	769 000	802 000	788 000	826 000
Impairment	0	0	0	0
Expenditure	37 127 000	21 663 000	32 261 000	20 202 000
Operating Profit	1 833 000	−1 267 000	495 000	−3 716 000
Financial Income	16 000	40 000	42 000	20 000
Financial Costs	377 000	303 000	609 000	430 000
Financial Balance	−361 000	−263 000	−567 000	−410 000
Dividends	0	0	0	0
Net Income	1 471 000	−1 530 000	−72 000	−4 127 000

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	4 040 000	4 809 000	5 177 000	5 747 000
Total Tangible Assets	4 040 000	4 809 000	5 177 000	5 747 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 040 000	4 809 000	5 177 000	5 747 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 166 000	1 257 000	1 004 000	1 194 000
Total Current Assets	5 993 000	6 573 000	2 510 000	3 646 000
Total Assets	10 033 000	11 382 000	7 687 000	9 393 000
Total Equity	3 090 000	618 000	498 000	571 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	333 000	667 000	1 298 000	3 833 000
Creditors	1 574 000	2 464 000	1 557 000	1 153 000
Unpaid Taxes	797 000	1 610 000	889 000	707 000
Dividends	0	0	0	0
Other Current Debt	2 399 000	2 043 000	2 024 000	1 632 000
Total Current Debt	6 610 000	10 097 000	5 891 000	4 989 000
Total Equity and Debt	10 033 000	11 382 000	7 687 000	9 393 000

Financial indicators	2022	2021	2020	2019
Return on Equity	47,61 %	−247,57 %	−14,46 %	−722,77 %
Debt-to-Equity Ratio	0,11	1,08	2,61	6,71
Operating Profit Margin	4,7 %	−6,21 %	1,51 %	−22,54 %
Current Ratio	0,91	0,65	0,43	0,73
Quick Ratio	0,91	0,65	0,43	0,73
Equity Ratio	0,31	0,05	0,06	0,06
Gross Profit Margin	62,36 %	61,71 %	67,91 %	75,16 %