JØRGENSENS SMIE AS

2040 KLØFTA

Finances

Share Ownership

Return on Equity

30,59 %

Current Ratio

2,6

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 503 000	1 942 000	1 245 000	1 874 000
Net Income	283 000	475 000	−59 000	83 000
Total Assets	1 423 000	1 463 000	820 000	565 000
Total Equity	925 000	842 000	668 000	996 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 503 000	1 942 000	1 245 000	1 874 000
Expenditure	2 127 000	1 356 000	1 321 000	1 730 000
Operating Profit	376 000	586 000	−76 000	145 000
Financial Income	11 000	2 000	2 000	2 000
Financial Costs	2 000	1 000	1 000	2 000
Financial Balance	9 000	1 000	1 000	0
Earnings Before Tax	385 000	586 000	−76 000	145 000
Tax	102 000	112 000	−17 000	62 000
Net Income	283 000	475 000	−59 000	83 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	132 000	184 000	49 000	45 000
Total Current Assets	1 291 000	1 278 000	771 000	520 000
Total Assets	1 423 000	1 463 000	820 000	565 000
Total Retained Equity	825 000	742 000	568 000	896 000
Total Equity	925 000	842 000	668 000	996 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	497 000	621 000	152 000	−431 000
Total Equity and Debt	1 423 000	1 463 000	820 000	565 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 501 000	1 942 000	1 235 000	1 874 000
Other Income	2 000	0	10 000	0
Revenue	2 503 000	1 942 000	1 245 000	1 874 000
Cost of Goods Sold	553 000	348 000	355 000	523 000
Salary Costs	1 020 000	564 000	614 000	738 000
Depreciation	34 000	27 000	12 000	12 000
Impairment	0	0	0	0
Expenditure	2 127 000	1 356 000	1 321 000	1 730 000
Operating Profit	376 000	586 000	−76 000	145 000
Financial Income	11 000	2 000	2 000	2 000
Financial Costs	2 000	1 000	1 000	2 000
Financial Balance	9 000	1 000	1 000	0
Dividends	200 000	300 000	0	0
Net Income	283 000	475 000	−59 000	83 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	20 000	27 000	11 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	131 000	164 000	22 000	34 000
Total Tangible Assets	131 000	164 000	22 000	34 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	132 000	184 000	49 000	45 000
Stock	128 000	38 000	70 000	78 000
Total Investments	0	0	0	0
Cash, Bank	1 133 000	1 077 000	675 000	338 000
Total Current Assets	1 291 000	1 278 000	771 000	520 000
Total Assets	1 423 000	1 463 000	820 000	565 000
Total Equity	925 000	842 000	668 000	996 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	21 000	49 000	25 000	29 000
Unpaid Taxes	85 000	96 000	45 000	130 000
Dividends	200 000	300 000	0	0
Other Current Debt	308 000	371 000	82 000	−228 000
Total Current Debt	497 000	621 000	152 000	−431 000
Total Equity and Debt	1 423 000	1 463 000	820 000	565 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,59 %	56,41 %	−8,83 %	8,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,02 %	30,18 %	−6,1 %	7,74 %
Current Ratio	2,6	2,06	5,07	−1,21
Quick Ratio	3,5	2,19	9,4	−1,02
Equity Ratio	0,65	0,58	0,81	1,76
Gross Profit Margin	77,91 %	82,08 %	71,49 %	72,09 %