JÆRMESTER AS

4360 VARHAUG

Finances

Return on Equity

17,72 %

Current Ratio

2,18

Debt-to-Equity Ratio

1,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	118 173 000	75 696 000	56 746 000	38 823 000
Net Income	4 346 000	11 167 000	2 824 000	10 145 000
Total Assets	81 202 000	49 143 000	31 952 000	25 715 000
Total Equity	24 523 000	22 787 000	13 916 000	13 325 000

Income (NOK)	2022	2021	2020	2019
Revenue	118 173 000	75 696 000	56 746 000	38 823 000
Expenditure	110 384 000	61 449 000	53 962 000	38 777 000
Operating Profit	7 789 000	14 247 000	2 784 000	47 000
Financial Income	181 000	235 000	836 000	11 418 000
Financial Costs	2 387 000	185 000	199 000	1 382 000
Financial Balance	−2 206 000	50 000	637 000	10 036 000
Earnings Before Tax	5 583 000	14 297 000	3 420 000	10 083 000
Tax	1 237 000	3 130 000	597 000	−62 000
Net Income	4 346 000	11 167 000	2 824 000	10 145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	35 794 000	26 524 000	13 845 000	14 450 000
Total Current Assets	45 409 000	22 619 000	18 108 000	11 265 000
Total Assets	81 202 000	49 143 000	31 952 000	25 715 000
Total Retained Equity	21 062 000	18 699 000	10 506 000	9 778 000
Total Equity	24 523 000	22 787 000	13 916 000	13 325 000
Total Long-Term Debt	35 813 000	6 428 000	6 136 000	6 087 000
Total Current Debt	20 866 000	19 928 000	11 901 000	6 303 000
Total Equity and Debt	81 202 000	49 143 000	31 952 000	25 715 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	115 077 000	75 696 000	56 746 000	38 823 000
Other Income	3 097 000	0	0	0
Revenue	118 173 000	75 696 000	56 746 000	38 823 000
Cost of Goods Sold	84 378 000	38 009 000	33 826 000	19 307 000
Salary Costs	20 380 000	20 172 000	17 031 000	16 886 000
Depreciation	773 000	18 000	29 000	39 000
Impairment	0	0	0	0
Expenditure	110 384 000	61 449 000	53 962 000	38 777 000
Operating Profit	7 789 000	14 247 000	2 784 000	47 000
Financial Income	181 000	235 000	836 000	11 418 000
Financial Costs	2 387 000	185 000	199 000	1 382 000
Financial Balance	−2 206 000	50 000	637 000	10 036 000
Dividends	0	0	1 411 000	0
Net Income	4 346 000	11 167 000	2 824 000	10 145 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 600 000	2 197 000
Real Eastate	34 835 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	886 000	0	18 000	47 000
Total Tangible Assets	35 721 000	0	18 000	47 000
Total Fiancial Fixed Assets	73 000	26 524 000	12 227 000	12 206 000
Total Fixed Assets	35 794 000	26 524 000	13 845 000	14 450 000
Stock	4 562 000	30 000	30 000	0
Total Investments	0	0	0	0
Cash, Bank	22 788 000	14 779 000	8 517 000	4 977 000
Total Current Assets	45 409 000	22 619 000	18 108 000	11 265 000
Total Assets	81 202 000	49 143 000	31 952 000	25 715 000
Total Equity	24 523 000	22 787 000	13 916 000	13 325 000
Short-Term Group Debt	0	5 705 000	0	0
Total Long-Term Debt	35 813 000	6 428 000	6 136 000	6 087 000
Creditors	10 412 000	3 136 000	4 966 000	2 679 000
Unpaid Taxes	2 842 000	2 754 000	2 190 000	1 627 000
Dividends	0	0	1 411 000	0
Other Current Debt	5 445 000	5 358 000	3 334 000	1 997 000
Total Current Debt	20 866 000	19 928 000	11 901 000	6 303 000
Total Equity and Debt	81 202 000	49 143 000	31 952 000	25 715 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,72 %	49,01 %	20,29 %	76,14 %
Debt-to-Equity Ratio	1,46	0,28	0,44	0,46
Operating Profit Margin	6,59 %	18,82 %	4,91 %	0,12 %
Current Ratio	2,18	1,14	1,52	1,79
Quick Ratio	2,79	1,14	1,53	1,79
Equity Ratio	0,3	0,46	0,44	0,52
Gross Profit Margin	28,6 %	49,79 %	40,39 %	50,27 %