TELEMARK TRAVEL AS

3674 NOTODDEN

Finances

Share Ownership

Return on Equity

36,8 %

Current Ratio

2,46

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	720 000	636 000	720 000	997 000
Net Income	124 000	173 000	−163 000	204 000
Total Assets	500 000	639 000	565 000	778 000
Total Equity	337 000	213 000	40 000	203 000

Income (NOK)	2022	2021	2020	2019
Revenue	720 000	636 000	720 000	997 000
Expenditure	551 000	436 000	874 000	727 000
Operating Profit	169 000	200 000	−154 000	270 000
Financial Income	0	0	0	4 000
Financial Costs	10 000	12 000	18 000	5 000
Financial Balance	−10 000	−12 000	−18 000	−1 000
Earnings Before Tax	159 000	187 000	−172 000	268 000
Tax	36 000	14 000	−9 000	64 000
Net Income	124 000	173 000	−163 000	204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	218 000	196 000	290 000	405 000
Total Current Assets	283 000	443 000	275 000	373 000
Total Assets	500 000	639 000	565 000	778 000
Total Retained Equity	307 000	183 000	10 000	173 000
Total Equity	337 000	213 000	40 000	203 000
Total Long-Term Debt	49 000	111 000	178 000	276 000
Total Current Debt	115 000	314 000	347 000	299 000
Total Equity and Debt	500 000	639 000	565 000	778 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	720 000	639 000	722 000	984 000
Other Income	0	−3 000	−2 000	13 000
Revenue	720 000	636 000	720 000	997 000
Cost of Goods Sold	90 000	43 000	243 000	40 000
Salary Costs	5 000	3 000	22 000	72 000
Depreciation	62 000	88 000	89 000	79 000
Impairment	0	0	0	0
Expenditure	551 000	436 000	874 000	727 000
Operating Profit	169 000	200 000	−154 000	270 000
Financial Income	0	0	0	4 000
Financial Costs	10 000	12 000	18 000	5 000
Financial Balance	−10 000	−12 000	−18 000	−1 000
Dividends	41 000	0	0	0
Net Income	124 000	173 000	−163 000	204 000

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	134 000	196 000	290 000	405 000
Fixtures	41 000	0	0	0
Total Tangible Assets	174 000	196 000	290 000	405 000
Total Fiancial Fixed Assets	43 000	0	0	0
Total Fixed Assets	218 000	196 000	290 000	405 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	203 000	406 000	256 000	322 000
Total Current Assets	283 000	443 000	275 000	373 000
Total Assets	500 000	639 000	565 000	778 000
Total Equity	337 000	213 000	40 000	203 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	49 000	111 000	178 000	276 000
Creditors	55 000	42 000	20 000	89 000
Unpaid Taxes	0	53 000	6 000	5 000
Dividends	41 000	0	0	0
Other Current Debt	21 000	170 000	320 000	156 000
Total Current Debt	115 000	314 000	347 000	299 000
Total Equity and Debt	500 000	639 000	565 000	778 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,8 %	81,22 %	−407,5 %	100,49 %
Debt-to-Equity Ratio	0,15	0,52	4,45	1,36
Operating Profit Margin	23,47 %	31,45 %	−21,39 %	27,08 %
Current Ratio	2,46	1,41	0,79	1,25
Quick Ratio	2,46	1,41	0,79	1,25
Equity Ratio	0,67	0,33	0,07	0,26
Gross Profit Margin	87,5 %	93,24 %	66,25 %	95,99 %