TELEMARK SEAWORX AS

3970 LANGESUND

Finances

Share Ownership

Return on Equity

74,13 %

Current Ratio

1,19

Debt-to-Equity Ratio

0,13

Key figures (NOK)	2022	2021	2020	2019
Revenue	40 335 000	26 582 000	28 438 000	29 796 000
Net Income	6 335 000	1 557 000	2 049 000	2 167 000
Total Assets	18 718 000	12 653 000	10 746 000	12 629 000
Total Equity	8 546 000	7 008 000	5 450 000	3 844 000

Income (NOK)	2022	2021	2020	2019
Revenue	40 335 000	26 582 000	28 438 000	29 796 000
Expenditure	32 090 000	24 497 000	25 661 000	26 814 000
Operating Profit	8 245 000	2 085 000	2 776 000	2 982 000
Financial Income	0	0	8 000	3 000
Financial Costs	119 000	88 000	156 000	207 000
Financial Balance	−119 000	−88 000	−148 000	−204 000
Earnings Before Tax	8 126 000	1 997 000	2 628 000	2 778 000
Tax	1 791 000	439 000	579 000	611 000
Net Income	6 335 000	1 557 000	2 049 000	2 167 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 881 000	8 333 000	6 476 000	6 304 000
Total Current Assets	10 838 000	4 321 000	4 270 000	6 326 000
Total Assets	18 718 000	12 653 000	10 746 000	12 629 000
Total Retained Equity	8 327 000	6 789 000	5 231 000	3 625 000
Total Equity	8 546 000	7 008 000	5 450 000	3 844 000
Total Long-Term Debt	1 073 000	969 000	1 741 000	4 712 000
Total Current Debt	9 099 000	4 676 000	3 556 000	4 074 000
Total Equity and Debt	18 718 000	12 653 000	10 746 000	12 629 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	40 329 000	26 567 000	28 438 000	29 796 000
Other Income	6 000	15 000	0	0
Revenue	40 335 000	26 582 000	28 438 000	29 796 000
Cost of Goods Sold	13 051 000	9 944 000	14 724 000	18 319 000
Salary Costs	10 785 000	7 813 000	6 153 000	5 022 000
Depreciation	1 398 000	1 056 000	825 000	734 000
Impairment	0	0	0	0
Expenditure	32 090 000	24 497 000	25 661 000	26 814 000
Operating Profit	8 245 000	2 085 000	2 776 000	2 982 000
Financial Income	0	0	8 000	3 000
Financial Costs	119 000	88 000	156 000	207 000
Financial Balance	−119 000	−88 000	−148 000	−204 000
Dividends	4 000 000	0	0	0
Net Income	6 335 000	1 557 000	2 049 000	2 167 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 000	32 000	40 000	0
Real Eastate	2 980 000	3 024 000	2 613 000	2 508 000
Machinery and Plant Facilities	158 000	226 000	293 000	99 000
Fixtures	1 936 000	2 198 000	2 297 000	2 575 000
Total Tangible Assets	7 638 000	8 301 000	6 437 000	6 304 000
Total Fiancial Fixed Assets	220 000	0	0	0
Total Fixed Assets	7 881 000	8 333 000	6 476 000	6 304 000
Stock	348 000	600 000	80 000	65 000
Total Investments	0	0	0	0
Cash, Bank	1 018 000	1 316 000	1 828 000	702 000
Total Current Assets	10 838 000	4 321 000	4 270 000	6 326 000
Total Assets	18 718 000	12 653 000	10 746 000	12 629 000
Total Equity	8 546 000	7 008 000	5 450 000	3 844 000
Short-Term Group Debt	1 021 000	334 000	571 000	0
Total Long-Term Debt	1 073 000	969 000	1 741 000	4 712 000
Creditors	889 000	2 201 000	775 000	2 649 000
Unpaid Taxes	2 748 000	927 000	1 295 000	479 000
Dividends	4 000 000	0	0	0
Other Current Debt	796 000	785 000	471 000	353 000
Total Current Debt	9 099 000	4 676 000	3 556 000	4 074 000
Total Equity and Debt	18 718 000	12 653 000	10 746 000	12 629 000

Financial indicators	2022	2021	2020	2019
Return on Equity	74,13 %	22,22 %	37,6 %	56,37 %
Debt-to-Equity Ratio	0,13	0,14	0,32	1,23
Operating Profit Margin	20,44 %	7,84 %	9,76 %	10,01 %
Current Ratio	1,19	0,92	1,2	1,55
Quick Ratio	1,24	1,06	1,23	1,58
Equity Ratio	0,46	0,55	0,51	0,3
Gross Profit Margin	67,64 %	62,59 %	48,22 %	38,52 %