OLAV JETLUND AS

1176 OSLO

Finances

Return on Equity

87,61 %

Current Ratio

7,6

Debt-to-Equity Ratio

1,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 752 000	1 684 000	1 450 000	1 436 000
Net Income	813 000	761 000	640 000	587 000
Total Assets	2 154 000	3 241 000	2 497 000	2 156 000
Total Equity	928 000	865 000	1 284 000	1 544 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 752 000	1 684 000	1 450 000	1 436 000
Expenditure	711 000	706 000	632 000	692 000
Operating Profit	1 040 000	977 000	819 000	745 000
Financial Income	8 000	2 000	5 000	10 000
Financial Costs	6 000	4 000	3 000	0
Financial Balance	2 000	−2 000	2 000	10 000
Earnings Before Tax	1 042 000	975 000	821 000	754 000
Tax	229 000	215 000	181 000	167 000
Net Income	813 000	761 000	640 000	587 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	125 000	125 000	125 000	125 000
Total Current Assets	2 029 000	3 116 000	2 372 000	2 031 000
Total Assets	2 154 000	3 241 000	2 497 000	2 156 000
Total Retained Equity	828 000	765 000	1 184 000	1 444 000
Total Equity	928 000	865 000	1 284 000	1 544 000
Total Long-Term Debt	959 000	2 137 000	99 000	411 000
Total Current Debt	267 000	239 000	1 113 000	201 000
Total Equity and Debt	2 154 000	3 241 000	2 497 000	2 156 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	724 000	639 000	536 000	516 000
Other Income	1 027 000	1 046 000	914 000	920 000
Revenue	1 752 000	1 684 000	1 450 000	1 436 000
Cost of Goods Sold	8 000	11 000	10 000	1 000
Salary Costs	4 000	4 000	1 000	1 000
Depreciation	0	0	0	5 000
Impairment	0	0	0	0
Expenditure	711 000	706 000	632 000	692 000
Operating Profit	1 040 000	977 000	819 000	745 000
Financial Income	8 000	2 000	5 000	10 000
Financial Costs	6 000	4 000	3 000	0
Financial Balance	2 000	−2 000	2 000	10 000
Dividends	750 000	1 180 000	900 000	1 000 000
Net Income	813 000	761 000	640 000	587 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	125 000	125 000	125 000	125 000
Total Fixed Assets	125 000	125 000	125 000	125 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 017 000	3 116 000	2 322 000	1 977 000
Total Current Assets	2 029 000	3 116 000	2 372 000	2 031 000
Total Assets	2 154 000	3 241 000	2 497 000	2 156 000
Total Equity	928 000	865 000	1 284 000	1 544 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	959 000	2 137 000	99 000	411 000
Creditors	38 000	24 000	1 000	32 000
Unpaid Taxes	0	0	1 000	1 000
Dividends	750 000	1 180 000	900 000	1 000 000
Other Current Debt	0	0	30 000	0
Total Current Debt	267 000	239 000	1 113 000	201 000
Total Equity and Debt	2 154 000	3 241 000	2 497 000	2 156 000

Financial indicators	2022	2021	2020	2019
Return on Equity	87,61 %	87,98 %	49,84 %	38,02 %
Debt-to-Equity Ratio	1,03	2,47	0,08	0,27
Operating Profit Margin	59,36 %	58,02 %	56,48 %	51,88 %
Current Ratio	7,6	13,04	2,13	10,1
Quick Ratio	7,6	13,04	2,13	10,1
Equity Ratio	0,43	0,27	0,51	0,72
Gross Profit Margin	99,54 %	99,35 %	99,31 %	99,93 %