JØRGEN FLESVIK AS

3540 NESBYEN

Finances

Share Ownership

Return on Equity

52,5 %

Current Ratio

1,28

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	763 000	765 000	877 000	1 287 000
Net Income	42 000	−37 000	−44 000	−3 000
Total Assets	311 000	294 000	268 000	382 000
Total Equity	80 000	38 000	75 000	119 000

Income (NOK)	2022	2021	2020	2019
Revenue	763 000	765 000	877 000	1 287 000
Expenditure	709 000	812 000	933 000	1 290 000
Operating Profit	55 000	−47 000	−56 000	−3 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	−1 000	−1 000	−1 000
Earnings Before Tax	54 000	−48 000	−57 000	−3 000
Tax	12 000	−11 000	−12 000	−1 000
Net Income	42 000	−37 000	−44 000	−3 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	28 000	17 000	5 000
Total Current Assets	295 000	266 000	251 000	377 000
Total Assets	311 000	294 000	268 000	382 000
Total Retained Equity	−21 000	−63 000	−26 000	18 000
Total Equity	80 000	38 000	75 000	119 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	231 000	256 000	193 000	263 000
Total Equity and Debt	311 000	294 000	268 000	382 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	763 000	765 000	877 000	1 287 000
Other Income	0	0	0	0
Revenue	763 000	765 000	877 000	1 287 000
Cost of Goods Sold	110 000	66 000	329 000	519 000
Salary Costs	408 000	530 000	395 000	531 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	709 000	812 000	933 000	1 290 000
Operating Profit	55 000	−47 000	−56 000	−3 000
Financial Income	0	0	0	0
Financial Costs	1 000	1 000	1 000	1 000
Financial Balance	−1 000	−1 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	42 000	−37 000	−44 000	−3 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	16 000	28 000	17 000	5 000
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	0	0	0	0
Total Fixed Assets	16 000	28 000	17 000	5 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	291 000	229 000	223 000	322 000
Total Current Assets	295 000	266 000	251 000	377 000
Total Assets	311 000	294 000	268 000	382 000
Total Equity	80 000	38 000	75 000	119 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	8 000	8 000	52 000
Unpaid Taxes	65 000	85 000	50 000	62 000
Dividends	0	0	0	0
Other Current Debt	166 000	163 000	135 000	148 000
Total Current Debt	231 000	256 000	193 000	263 000
Total Equity and Debt	311 000	294 000	268 000	382 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,5 %	−97,37 %	−58,67 %	−2,52 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,21 %	−6,14 %	−6,39 %	−0,23 %
Current Ratio	1,28	1,04	1,3	1,43
Quick Ratio	1,28	1,04	1,3	1,43
Equity Ratio	0,26	0,13	0,28	0,31
Gross Profit Margin	85,58 %	91,37 %	62,49 %	59,67 %