SØRMEGLEREN TELEMARK AS

3915 PORSGRUNN

Finances

Share Ownership

Return on Equity

−3,9 %

Current Ratio

2,12

Debt-to-Equity Ratio

0,79

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 806 000	16 202 000	17 736 000	16 189 000
Net Income	−148 000	312 000	538 000	−155 000
Total Assets	12 601 000	11 711 000	13 620 000	10 113 000
Total Equity	3 798 000	3 946 000	3 634 000	3 096 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 806 000	16 202 000	17 736 000	16 189 000
Expenditure	15 955 000	15 765 000	17 081 000	16 430 000
Operating Profit	−149 000	437 000	656 000	−241 000
Financial Income	109 000	99 000	171 000	179 000
Financial Costs	148 000	136 000	136 000	136 000
Financial Balance	−39 000	−37 000	35 000	43 000
Earnings Before Tax	−188 000	400 000	691 000	−197 000
Tax	−40 000	88 000	153 000	−42 000
Net Income	−148 000	312 000	538 000	−155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	305 000	298 000	238 000	188 000
Total Current Assets	12 296 000	11 413 000	13 382 000	9 924 000
Total Assets	12 601 000	11 711 000	13 620 000	10 113 000
Total Retained Equity	798 000	946 000	634 000	96 000
Total Equity	3 798 000	3 946 000	3 634 000	3 096 000
Total Long-Term Debt	3 000 000	3 000 000	3 000 000	3 000 000
Total Current Debt	5 803 000	4 766 000	6 986 000	4 017 000
Total Equity and Debt	12 601 000	11 711 000	13 620 000	10 113 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 001 000	15 583 000	17 113 000	15 830 000
Other Income	805 000	618 000	624 000	359 000
Revenue	15 806 000	16 202 000	17 736 000	16 189 000
Cost of Goods Sold	−778 000	−895 000	7 000	49 000
Salary Costs	13 395 000	13 396 000	14 044 000	13 900 000
Depreciation	33 000	38 000	92 000	162 000
Impairment	0	0	0	0
Expenditure	15 955 000	15 765 000	17 081 000	16 430 000
Operating Profit	−149 000	437 000	656 000	−241 000
Financial Income	109 000	99 000	171 000	179 000
Financial Costs	148 000	136 000	136 000	136 000
Financial Balance	−39 000	−37 000	35 000	43 000
Dividends	0	0	0	0
Net Income	−148 000	312 000	538 000	−155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	186 000	147 000	138 000	108 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	118 000	152 000	100 000	80 000
Total Tangible Assets	118 000	152 000	100 000	80 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	305 000	298 000	238 000	188 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 678 000	2 639 000	7 660 000	2 110 000
Total Current Assets	12 296 000	11 413 000	13 382 000	9 924 000
Total Assets	12 601 000	11 711 000	13 620 000	10 113 000
Total Equity	3 798 000	3 946 000	3 634 000	3 096 000
Short-Term Group Debt	1 794 000	633 000	1 117 000	619 000
Total Long-Term Debt	3 000 000	3 000 000	3 000 000	3 000 000
Creditors	507 000	173 000	282 000	191 000
Unpaid Taxes	1 279 000	1 254 000	1 268 000	1 072 000
Dividends	0	0	0	0
Other Current Debt	2 222 000	2 610 000	2 532 000	2 135 000
Total Current Debt	5 803 000	4 766 000	6 986 000	4 017 000
Total Equity and Debt	12 601 000	11 711 000	13 620 000	10 113 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,9 %	7,91 %	14,8 %	−5,01 %
Debt-to-Equity Ratio	0,79	0,76	0,83	0,97
Operating Profit Margin	−0,94 %	2,7 %	3,7 %	−1,49 %
Current Ratio	2,12	2,39	1,92	2,47
Quick Ratio	2,12	2,39	1,92	2,47
Equity Ratio	0,3	0,34	0,27	0,31
Gross Profit Margin	104,92 %	105,52 %	99,96 %	99,7 %