INVEST TELEMARK AS

3919 PORSGRUNN

Finances

Return on Equity

10,14 %

Current Ratio

2,26

Debt-to-Equity Ratio

4,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	463 000	433 000	435 000	401 000
Net Income	81 000	22 000	84 000	1 553 000
Total Assets	4 811 000	4 702 000	4 926 000	6 529 000
Total Equity	799 000	718 000	696 000	807 000

Income (NOK)	2022	2021	2020	2019
Revenue	463 000	433 000	435 000	401 000
Expenditure	157 000	240 000	199 000	171 000
Operating Profit	306 000	192 000	236 000	231 000
Financial Income	0	0	2 000	1 650 000
Financial Costs	198 000	155 000	174 000	271 000
Financial Balance	−198 000	−155 000	−172 000	1 379 000
Earnings Before Tax	108 000	38 000	64 000	1 610 000
Tax	27 000	16 000	−20 000	56 000
Net Income	81 000	22 000	84 000	1 553 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 628 000	4 628 000	4 535 000	5 573 000
Total Current Assets	183 000	74 000	391 000	956 000
Total Assets	4 811 000	4 702 000	4 926 000	6 529 000
Total Retained Equity	309 000	228 000	206 000	317 000
Total Equity	799 000	718 000	696 000	807 000
Total Long-Term Debt	3 932 000	3 905 000	4 042 000	4 145 000
Total Current Debt	81 000	79 000	188 000	1 577 000
Total Equity and Debt	4 811 000	4 702 000	4 926 000	6 529 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	463 000	433 000	435 000	401 000
Revenue	463 000	433 000	435 000	401 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	157 000	240 000	199 000	171 000
Operating Profit	306 000	192 000	236 000	231 000
Financial Income	0	0	2 000	1 650 000
Financial Costs	198 000	155 000	174 000	271 000
Financial Balance	−198 000	−155 000	−172 000	1 379 000
Dividends	0	0	0	1 500 000
Net Income	81 000	22 000	84 000	1 553 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 378 000	4 378 000	4 285 000	4 065 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 378 000	4 378 000	4 285 000	4 065 000
Total Fiancial Fixed Assets	250 000	250 000	250 000	1 508 000
Total Fixed Assets	4 628 000	4 628 000	4 535 000	5 573 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	182 000	74 000	391 000	956 000
Total Current Assets	183 000	74 000	391 000	956 000
Total Assets	4 811 000	4 702 000	4 926 000	6 529 000
Total Equity	799 000	718 000	696 000	807 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 932 000	3 905 000	4 042 000	4 145 000
Creditors	7 000	5 000	114 000	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	1 500 000
Other Current Debt	74 000	74 000	74 000	74 000
Total Current Debt	81 000	79 000	188 000	1 577 000
Total Equity and Debt	4 811 000	4 702 000	4 926 000	6 529 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,14 %	3,06 %	12,07 %	192,44 %
Debt-to-Equity Ratio	4,92	5,44	5,81	5,14
Operating Profit Margin	66,09 %	44,34 %	54,25 %	57,61 %
Current Ratio	2,26	0,94	2,08	0,61
Quick Ratio	2,26	0,94	2,08	0,61
Equity Ratio	0,17	0,15	0,14	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %