TELEMARK MASSEMOTTAK AS

3735 SKIEN

Finances

Share Ownership

Return on Equity

−59,55 %

Current Ratio

1,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 524 000	2 959 000	3 338 000	1 893 000
Net Income	−159 000	103 000	51 000	53 000
Total Assets	1 018 000	2 091 000	1 116 000	458 000
Total Equity	267 000	426 000	323 000	272 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 524 000	2 959 000	3 338 000	1 893 000
Expenditure	2 684 000	2 826 000	3 273 000	1 827 000
Operating Profit	−160 000	133 000	65 000	66 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	−160 000	132 000	65 000	66 000
Tax	−1 000	29 000	14 000	13 000
Net Income	−159 000	103 000	51 000	53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	128 000	100 000	129 000	0
Total Current Assets	890 000	1 991 000	987 000	458 000
Total Assets	1 018 000	2 091 000	1 116 000	458 000
Total Retained Equity	48 000	207 000	104 000	53 000
Total Equity	267 000	426 000	323 000	272 000
Total Long-Term Debt	0	1 000	2 000	0
Total Current Debt	751 000	1 663 000	791 000	185 000
Total Equity and Debt	1 018 000	2 091 000	1 116 000	458 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 524 000	2 959 000	3 338 000	1 893 000
Other Income	0	0	0	0
Revenue	2 524 000	2 959 000	3 338 000	1 893 000
Cost of Goods Sold	1 183 000	1 961 000	2 739 000	499 000
Salary Costs	0	0	0	0
Depreciation	33 000	30 000	19 000	0
Impairment	0	0	0	0
Expenditure	2 684 000	2 826 000	3 273 000	1 827 000
Operating Profit	−160 000	133 000	65 000	66 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	−159 000	103 000	51 000	53 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	128 000	100 000	129 000	0
Total Tangible Assets	128 000	100 000	129 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	128 000	100 000	129 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	46 000	743 000	389 000	296 000
Total Current Assets	890 000	1 991 000	987 000	458 000
Total Assets	1 018 000	2 091 000	1 116 000	458 000
Total Equity	267 000	426 000	323 000	272 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 000	2 000	0
Creditors	736 000	1 618 000	759 000	151 000
Unpaid Taxes	0	0	0	21 000
Dividends	0	0	0	0
Other Current Debt	15 000	15 000	20 000	0
Total Current Debt	751 000	1 663 000	791 000	185 000
Total Equity and Debt	1 018 000	2 091 000	1 116 000	458 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−59,55 %	24,18 %	15,79 %	19,49 %
Debt-to-Equity Ratio	0	0	0,01	0
Operating Profit Margin	−6,34 %	4,49 %	1,95 %	3,49 %
Current Ratio	1,19	1,2	1,25	2,48
Quick Ratio	1,19	1,2	1,25	2,48
Equity Ratio	0,26	0,2	0,29	0,59
Gross Profit Margin	53,13 %	33,73 %	17,94 %	73,64 %