VEST-TELEMARK TEKNOLOGIPARK AS

3841 FLATDAL

Finances

Share Ownership

Return on Equity

−2,94 %

Current Ratio

1,18

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 000	75 000	0	96 000
Net Income	−149 000	−3 000	−43 000	6 000
Total Assets	5 195 000	5 259 000	6 423 000	6 507 000
Total Equity	5 071 000	5 220 000	6 423 000	6 466 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 000	75 000	0	96 000
Expenditure	173 000	79 000	57 000	88 000
Operating Profit	−149 000	−4 000	−57 000	8 000
Financial Income	0	1 000	2 000	0
Financial Costs	0	0	0	0
Financial Balance	0	1 000	2 000	0
Earnings Before Tax	−149 000	−3 000	−55 000	8 000
Tax	0	0	−12 000	2 000
Net Income	−149 000	−3 000	−43 000	6 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 049 000	5 050 000	4 905 000	3 572 000
Total Current Assets	146 000	209 000	1 518 000	2 934 000
Total Assets	5 195 000	5 259 000	6 423 000	6 507 000
Total Retained Equity	−1 020 000	−871 000	123 000	166 000
Total Equity	5 071 000	5 220 000	6 423 000	6 466 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	124 000	39 000	0	40 000
Total Equity and Debt	5 195 000	5 259 000	6 423 000	6 507 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 000	75 000	0	0
Other Income	0	0	0	96 000
Revenue	24 000	75 000	0	96 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	11 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	173 000	79 000	57 000	88 000
Operating Profit	−149 000	−4 000	−57 000	8 000
Financial Income	0	1 000	2 000	0
Financial Costs	0	0	0	0
Financial Balance	0	1 000	2 000	0
Dividends	0	0	0	0
Net Income	−149 000	−3 000	−43 000	6 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 049 000	5 050 000	4 905 000	3 572 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 049 000	5 050 000	4 905 000	3 572 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 049 000	5 050 000	4 905 000	3 572 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 000	117 000	1 163 000	382 000
Total Current Assets	146 000	209 000	1 518 000	2 934 000
Total Assets	5 195 000	5 259 000	6 423 000	6 507 000
Total Equity	5 071 000	5 220 000	6 423 000	6 466 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	62 000	38 000	0	39 000
Unpaid Taxes	4 000	1 000	0	0
Dividends	0	0	0	0
Other Current Debt	58 000	0	0	0
Total Current Debt	124 000	39 000	0	40 000
Total Equity and Debt	5 195 000	5 259 000	6 423 000	6 507 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,94 %	−0,06 %	−0,67 %	0,09 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−620,83 %	−5,33 %	-	8,33 %
Current Ratio	1,18	5,36	-	73,35
Quick Ratio	1,18	5,36	-	73,35
Equity Ratio	0,98	0,99	1	0,99
Gross Profit Margin	100 %	100 %	-	100 %