JARLSBERG VARMETEKNIKK AS

3086 HOLMESTRAND

Finances

Share Ownership

Return on Equity

38,79 %

Current Ratio

1,92

Debt-to-Equity Ratio

1,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 003 000	5 996 000	4 204 000	5 435 000
Net Income	514 000	94 000	6 000	194 000
Total Assets	4 191 000	2 283 000	2 128 000	1 685 000
Total Equity	1 325 000	811 000	717 000	711 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 003 000	5 996 000	4 204 000	5 435 000
Expenditure	7 272 000	5 854 000	4 179 000	5 163 000
Operating Profit	731 000	142 000	25 000	272 000
Financial Income	3 000	1 000	0	1 000
Financial Costs	74 000	22 000	16 000	21 000
Financial Balance	−71 000	−21 000	−16 000	−20 000
Earnings Before Tax	660 000	121 000	10 000	251 000
Tax	146 000	27 000	4 000	57 000
Net Income	514 000	94 000	6 000	194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 255 000	634 000	811 000	498 000
Total Current Assets	1 936 000	1 649 000	1 317 000	1 187 000
Total Assets	4 191 000	2 283 000	2 128 000	1 685 000
Total Retained Equity	1 295 000	781 000	687 000	681 000
Total Equity	1 325 000	811 000	717 000	711 000
Total Long-Term Debt	1 860 000	510 000	686 000	378 000
Total Current Debt	1 006 000	962 000	725 000	596 000
Total Equity and Debt	4 191 000	2 283 000	2 128 000	1 685 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 810 000	5 996 000	4 116 000	5 435 000
Other Income	193 000	0	89 000	0
Revenue	8 003 000	5 996 000	4 204 000	5 435 000
Cost of Goods Sold	4 018 000	3 058 000	1 945 000	2 686 000
Salary Costs	2 104 000	1 881 000	1 430 000	1 688 000
Depreciation	256 000	178 000	100 000	80 000
Impairment	0	0	0	0
Expenditure	7 272 000	5 854 000	4 179 000	5 163 000
Operating Profit	731 000	142 000	25 000	272 000
Financial Income	3 000	1 000	0	1 000
Financial Costs	74 000	22 000	16 000	21 000
Financial Balance	−71 000	−21 000	−16 000	−20 000
Dividends	0	0	0	0
Net Income	514 000	94 000	6 000	194 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 374 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	881 000	634 000	811 000	498 000
Total Tangible Assets	2 255 000	634 000	811 000	498 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 255 000	634 000	811 000	498 000
Stock	1 012 000	931 000	539 000	517 000
Total Investments	0	0	0	0
Cash, Bank	142 000	65 000	102 000	362 000
Total Current Assets	1 936 000	1 649 000	1 317 000	1 187 000
Total Assets	4 191 000	2 283 000	2 128 000	1 685 000
Total Equity	1 325 000	811 000	717 000	711 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 860 000	510 000	686 000	378 000
Creditors	327 000	574 000	341 000	186 000
Unpaid Taxes	315 000	153 000	167 000	214 000
Dividends	0	0	0	0
Other Current Debt	232 000	199 000	217 000	153 000
Total Current Debt	1 006 000	962 000	725 000	596 000
Total Equity and Debt	4 191 000	2 283 000	2 128 000	1 685 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,79 %	11,59 %	0,84 %	27,29 %
Debt-to-Equity Ratio	1,4	0,63	0,96	0,53
Operating Profit Margin	9,13 %	2,37 %	0,59 %	5 %
Current Ratio	1,92	1,71	1,82	1,99
Quick Ratio	−322,67	53,19	7,08	15,03
Equity Ratio	0,32	0,36	0,34	0,42
Gross Profit Margin	49,79 %	49 %	53,73 %	50,58 %