TELEMARK INDUSTRIGULV AS

3916 PORSGRUNN

Finances

Share Ownership

Return on Equity

72,73 %

Current Ratio

0,45

Debt-to-Equity Ratio

−1,87

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 240 000	1 863 000	1 523 000	284 000
Net Income	−40 000	−174 000	69 000	60 000
Total Assets	612 000	680 000	884 000	326 000
Total Equity	−55 000	−15 000	158 000	90 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 240 000	1 863 000	1 523 000	284 000
Expenditure	1 291 000	2 075 000	1 414 000	228 000
Operating Profit	−52 000	−212 000	109 000	56 000
Financial Income	0	0	0	0
Financial Costs	11 000	10 000	21 000	0
Financial Balance	−11 000	−10 000	−21 000	0
Earnings Before Tax	−63 000	−223 000	88 000	56 000
Tax	−24 000	−49 000	19 000	−4 000
Net Income	−40 000	−174 000	69 000	60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	356 000	419 000	308 000	57 000
Total Current Assets	257 000	261 000	576 000	269 000
Total Assets	612 000	680 000	884 000	326 000
Total Retained Equity	−85 000	−45 000	128 000	60 000
Total Equity	−55 000	−15 000	158 000	90 000
Total Long-Term Debt	103 000	151 000	192 000	0
Total Current Debt	565 000	545 000	534 000	236 000
Total Equity and Debt	612 000	680 000	884 000	326 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 240 000	1 863 000	1 478 000	284 000
Other Income	0	0	45 000	0
Revenue	1 240 000	1 863 000	1 523 000	284 000
Cost of Goods Sold	313 000	1 121 000	795 000	146 000
Salary Costs	493 000	457 000	169 000	38 000
Depreciation	100 000	84 000	49 000	2 000
Impairment	0	0	0	0
Expenditure	1 291 000	2 075 000	1 414 000	228 000
Operating Profit	−52 000	−212 000	109 000	56 000
Financial Income	0	0	0	0
Financial Costs	11 000	10 000	21 000	0
Financial Balance	−11 000	−10 000	−21 000	0
Dividends	0	0	0	0
Net Income	−40 000	−174 000	69 000	60 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	52 000	38 000	0	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	36 000	47 000	0	0
Fixtures	268 000	334 000	308 000	53 000
Total Tangible Assets	303 000	381 000	308 000	53 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	356 000	419 000	308 000	57 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	133 000	187 000	422 000	13 000
Total Current Assets	257 000	261 000	576 000	269 000
Total Assets	612 000	680 000	884 000	326 000
Total Equity	−55 000	−15 000	158 000	90 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	103 000	151 000	192 000	0
Creditors	−67 000	8 000	50 000	126 000
Unpaid Taxes	91 000	−39 000	36 000	22 000
Dividends	0	0	0	0
Other Current Debt	551 000	576 000	443 000	88 000
Total Current Debt	565 000	545 000	534 000	236 000
Total Equity and Debt	612 000	680 000	884 000	326 000

Financial indicators	2022	2021	2020	2019
Return on Equity	72,73 %	1 160 %	43,67 %	66,67 %
Debt-to-Equity Ratio	−1,87	−10,07	1,22	0
Operating Profit Margin	−4,19 %	−11,38 %	7,16 %	19,72 %
Current Ratio	0,45	0,48	1,08	1,14
Quick Ratio	0,45	0,48	1,08	1,14
Equity Ratio	−0,09	−0,02	0,18	0,28
Gross Profit Margin	74,76 %	39,83 %	47,8 %	48,59 %