Show jpg images on mini2440 display with Debian?

Hello,
I have a mini2440 with the 3.5" display and I would like to show a picture
on the screen, jpg/png or whatever format with at least 16 colors. I am now
running debian and I would like to show pictures without running X as I
think it is too heavy for just showing a picture. 

So is it in any way possible to show a picture like how the kernel logo
(tux) is shown, by using a program (which?) or some command to write it to
the framebuffer?

Ideas, anyone? Can pictures be shown on the display without X? It is okay
for me to have them converted to any format.

Use fbv.

Could someone explain how to compile fbv? Can I use the same cross-compiler
as I used when I compiled u-boot and the kernel (arm-none-linux-gnueabi-)?