TELEMARK SYSTEM RØR AS

3717 SKIEN

Finances

Share Ownership

Return on Equity

−1 462,79 %

Current Ratio

0,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	994 000	2 655 000	2 779 000	2 829 000
Net Income	−629 000	96 000	72 000	363 000
Total Assets	461 000	1 175 000	1 005 000	1 081 000
Total Equity	43 000	672 000	576 000	504 000

Income (NOK)	2022	2021	2020	2019
Revenue	994 000	2 655 000	2 779 000	2 829 000
Expenditure	1 604 000	2 518 000	2 671 000	2 356 000
Operating Profit	−609 000	137 000	110 000	473 000
Financial Income	0	0	0	0
Financial Costs	20 000	13 000	9 000	8 000
Financial Balance	−20 000	−13 000	−9 000	−8 000
Earnings Before Tax	−629 000	124 000	101 000	465 000
Tax	0	28 000	29 000	102 000
Net Income	−629 000	96 000	72 000	363 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	142 000	251 000	356 000	244 000
Total Current Assets	319 000	924 000	649 000	837 000
Total Assets	461 000	1 175 000	1 005 000	1 081 000
Total Retained Equity	13 000	642 000	546 000	474 000
Total Equity	43 000	672 000	576 000	504 000
Total Long-Term Debt	0	0	7 000	5 000
Total Current Debt	418 000	502 000	421 000	572 000
Total Equity and Debt	461 000	1 175 000	1 005 000	1 081 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	988 000	2 655 000	2 779 000	2 829 000
Other Income	6 000	0	0	0
Revenue	994 000	2 655 000	2 779 000	2 829 000
Cost of Goods Sold	66 000	694 000	1 091 000	295 000
Salary Costs	893 000	893 000	826 000	1 280 000
Depreciation	87 000	103 000	79 000	53 000
Impairment	0	0	0	0
Expenditure	1 604 000	2 518 000	2 671 000	2 356 000
Operating Profit	−609 000	137 000	110 000	473 000
Financial Income	0	0	0	0
Financial Costs	20 000	13 000	9 000	8 000
Financial Balance	−20 000	−13 000	−9 000	−8 000
Dividends	0	0	0	0
Net Income	−629 000	96 000	72 000	363 000

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	141 000	250 000	352 000	214 000
Total Tangible Assets	141 000	250 000	352 000	214 000
Total Fiancial Fixed Assets	1 000	1 000	3 000	30 000
Total Fixed Assets	142 000	251 000	356 000	244 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 000	260 000	23 000	238 000
Total Current Assets	319 000	924 000	649 000	837 000
Total Assets	461 000	1 175 000	1 005 000	1 081 000
Total Equity	43 000	672 000	576 000	504 000
Short-Term Group Debt	0	72 000	67 000	108 000
Total Long-Term Debt	0	0	7 000	5 000
Creditors	201 000	280 000	263 000	258 000
Unpaid Taxes	113 000	106 000	100 000	125 000
Dividends	0	0	0	0
Other Current Debt	103 000	9 000	−35 000	−19 000
Total Current Debt	418 000	502 000	421 000	572 000
Total Equity and Debt	461 000	1 175 000	1 005 000	1 081 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 462,79 %	14,29 %	12,5 %	72,02 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	−61,27 %	5,16 %	3,96 %	16,72 %
Current Ratio	0,76	1,84	1,54	1,46
Quick Ratio	0,76	1,84	1,54	1,46
Equity Ratio	0,09	0,57	0,57	0,47
Gross Profit Margin	93,36 %	73,86 %	60,74 %	89,57 %