JOFO AS

4006 STAVANGER

Finances

Share Ownership

Return on Equity

10,38 %

Current Ratio

0,34

Debt-to-Equity Ratio

25,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 707 000	14 578 000	12 632 000	7 103 000
Net Income	472 000	3 173 000	1 045 000	793 000
Total Assets	133 863 000	108 769 000	123 234 000	115 590 000
Total Equity	4 547 000	4 547 000	16 571 000	16 419 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 707 000	14 578 000	12 632 000	7 103 000
Expenditure	10 882 000	8 932 000	9 191 000	4 668 000
Operating Profit	3 826 000	5 646 000	3 441 000	2 435 000
Financial Income	13 000	10 000	13 000	10 000
Financial Costs	3 226 000	1 588 000	2 110 000	1 427 000
Financial Balance	−3 213 000	−1 578 000	−2 097 000	−1 417 000
Earnings Before Tax	613 000	4 068 000	1 343 000	1 018 000
Tax	141 000	895 000	298 000	224 000
Net Income	472 000	3 173 000	1 045 000	793 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	128 936 000	105 658 000	121 328 000	110 990 000
Total Current Assets	4 927 000	3 111 000	1 906 000	4 600 000
Total Assets	133 863 000	108 769 000	123 234 000	115 590 000
Total Retained Equity	0	0	−11 239 000	−11 391 000
Total Equity	4 547 000	4 547 000	16 571 000	16 419 000
Total Long-Term Debt	114 777 000	97 402 000	99 402 000	89 077 000
Total Current Debt	14 540 000	6 821 000	7 261 000	10 095 000
Total Equity and Debt	133 863 000	108 769 000	123 234 000	115 590 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 507 000	14 506 000	12 577 000	7 042 000
Other Income	200 000	72 000	55 000	61 000
Revenue	14 707 000	14 578 000	12 632 000	7 103 000
Cost of Goods Sold	96 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	4 716 000	4 716 000	4 475 000	788 000
Impairment	0	0	0	0
Expenditure	10 882 000	8 932 000	9 191 000	4 668 000
Operating Profit	3 826 000	5 646 000	3 441 000	2 435 000
Financial Income	13 000	10 000	13 000	10 000
Financial Costs	3 226 000	1 588 000	2 110 000	1 427 000
Financial Balance	−3 213 000	−1 578 000	−2 097 000	−1 417 000
Dividends	0	11 656 000	0	0
Net Income	472 000	3 173 000	1 045 000	793 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 896 000	1 661 000	1 478 000	1 403 000
Real Eastate	126 870 000	103 741 000	107 853 000	98 360 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	171 000	256 000	341 000	0
Total Tangible Assets	127 040 000	103 997 000	108 195 000	98 360 000
Total Fiancial Fixed Assets	0	0	11 656 000	11 227 000
Total Fixed Assets	128 936 000	105 658 000	121 328 000	110 990 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 314 000	2 537 000	1 829 000	3 773 000
Total Current Assets	4 927 000	3 111 000	1 906 000	4 600 000
Total Assets	133 863 000	108 769 000	123 234 000	115 590 000
Total Equity	4 547 000	4 547 000	16 571 000	16 419 000
Short-Term Group Debt	905 000	4 900 000	1 694 000	1 210 000
Total Long-Term Debt	114 777 000	97 402 000	99 402 000	89 077 000
Creditors	10 315 000	299 000	3 184 000	7 435 000
Unpaid Taxes	0	0	0	0
Dividends	0	11 656 000	0	0
Other Current Debt	3 319 000	1 622 000	2 383 000	1 449 000
Total Current Debt	14 540 000	6 821 000	7 261 000	10 095 000
Total Equity and Debt	133 863 000	108 769 000	123 234 000	115 590 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,38 %	69,78 %	6,31 %	4,83 %
Debt-to-Equity Ratio	25,24	21,42	6	5,43
Operating Profit Margin	26,01 %	38,73 %	27,24 %	34,28 %
Current Ratio	0,34	0,46	0,26	0,46
Quick Ratio	0,34	0,46	0,26	0,46
Equity Ratio	0,03	0,04	0,13	0,14
Gross Profit Margin	99,35 %	100 %	100 %	100 %