JETGRUNN AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

30,3 %

Current Ratio

0,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	562 000	438 000	435 000	428 000
Net Income	140 000	−20 000	14 000	−86 000
Total Assets	3 413 000	3 505 000	3 770 000	4 002 000
Total Equity	462 000	499 000	519 000	505 000

Income (NOK)	2022	2021	2020	2019
Revenue	562 000	438 000	435 000	428 000
Expenditure	368 000	315 000	311 000	414 000
Operating Profit	195 000	123 000	124 000	14 000
Financial Income	0	0	0	2 000
Financial Costs	88 000	75 000	107 000	127 000
Financial Balance	−88 000	−75 000	−107 000	−125 000
Earnings Before Tax	107 000	48 000	18 000	−111 000
Tax	−34 000	68 000	4 000	−25 000
Net Income	140 000	−20 000	14 000	−86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 145 000	3 338 000	3 630 000	3 883 000
Total Current Assets	268 000	167 000	140 000	119 000
Total Assets	3 413 000	3 505 000	3 770 000	4 002 000
Total Retained Equity	432 000	469 000	489 000	475 000
Total Equity	462 000	499 000	519 000	505 000
Total Long-Term Debt	0	2 850 000	3 117 000	3 383 000
Total Current Debt	2 951 000	156 000	135 000	114 000
Total Equity and Debt	3 413 000	3 505 000	3 770 000	4 002 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 000	0	0	0
Other Income	556 000	438 000	435 000	428 000
Revenue	562 000	438 000	435 000	428 000
Cost of Goods Sold	7 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	276 000	249 000	249 000	249 000
Impairment	0	0	0	0
Expenditure	368 000	315 000	311 000	414 000
Operating Profit	195 000	123 000	124 000	14 000
Financial Income	0	0	0	2 000
Financial Costs	88 000	75 000	107 000	127 000
Financial Balance	−88 000	−75 000	−107 000	−125 000
Dividends	0	0	0	0
Net Income	140 000	−20 000	14 000	−86 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	84 000	0	44 000	48 000
Real Eastate	3 061 000	3 338 000	3 586 000	3 835 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	3 061 000	3 338 000	3 586 000	3 835 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 145 000	3 338 000	3 630 000	3 883 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	65 000	68 000	87 000	108 000
Total Current Assets	268 000	167 000	140 000	119 000
Total Assets	3 413 000	3 505 000	3 770 000	4 002 000
Total Equity	462 000	499 000	519 000	505 000
Short-Term Group Debt	2 586 000	0	0	0
Total Long-Term Debt	0	2 850 000	3 117 000	3 383 000
Creditors	55 000	17 000	9 000	27 000
Unpaid Taxes	161 000	99 000	99 000	76 000
Dividends	0	0	0	0
Other Current Debt	149 000	16 000	27 000	11 000
Total Current Debt	2 951 000	156 000	135 000	114 000
Total Equity and Debt	3 413 000	3 505 000	3 770 000	4 002 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,3 %	−4,01 %	2,7 %	−17,03 %
Debt-to-Equity Ratio	0	5,71	6,01	6,7
Operating Profit Margin	34,7 %	28,08 %	28,51 %	3,27 %
Current Ratio	0,09	1,07	1,04	1,04
Quick Ratio	0,09	1,07	1,04	1,04
Equity Ratio	0,14	0,14	0,14	0,13
Gross Profit Margin	98,75 %	100 %	100 %	100 %