TELEMARK BAD AS

3929 PORSGRUNN

Finances

Share Ownership

Return on Equity

97,71 %

Current Ratio

Debt-to-Equity Ratio

−0,15

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 226 000	232 000	296 000	950 000
Net Income	724 000	20 000	3 000	12 000
Total Assets	1 251 000	176 000	58 000	53 000
Total Equity	741 000	17 000	−3 000	−6 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 226 000	232 000	296 000	950 000
Expenditure	488 000	207 000	292 000	927 000
Operating Profit	738 000	25 000	3 000	22 000
Financial Income	0	0	0	0
Financial Costs	15 000	2 000	0	0
Financial Balance	−15 000	−2 000	0	0
Earnings Before Tax	724 000	22 000	3 000	22 000
Tax	0	2 000	0	10 000
Net Income	724 000	20 000	3 000	12 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	0	0
Total Current Assets	1 251 000	176 000	58 000	53 000
Total Assets	1 251 000	176 000	58 000	53 000
Total Retained Equity	−13 000	−13 000	−33 000	−30 000
Total Equity	741 000	17 000	−3 000	−6 000
Total Long-Term Debt	−114 000	0	0	0
Total Current Debt	624 000	159 000	61 000	59 000
Total Equity and Debt	1 251 000	176 000	58 000	53 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 222 000	232 000	296 000	950 000
Other Income	5 000	0	0	0
Revenue	1 226 000	232 000	296 000	950 000
Cost of Goods Sold	90 000	140 000	262 000	879 000
Salary Costs	329 000	24 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	488 000	207 000	292 000	927 000
Operating Profit	738 000	25 000	3 000	22 000
Financial Income	0	0	0	0
Financial Costs	15 000	2 000	0	0
Financial Balance	−15 000	−2 000	0	0
Dividends	0	0	0	0
Net Income	724 000	20 000	3 000	12 000

Balance details (NOK)	2021	2020	2019	2018
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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	20 000	20 000
Total Investments	0	0	0	0
Cash, Bank	5 000	7 000	0	1 000
Total Current Assets	1 251 000	176 000	58 000	53 000
Total Assets	1 251 000	176 000	58 000	53 000
Total Equity	741 000	17 000	−3 000	−6 000
Short-Term Group Debt	30 000	50 000	55 000	30 000
Total Long-Term Debt	−114 000	0	0	0
Creditors	121 000	50 000	6 000	29 000
Unpaid Taxes	361 000	10 000	0	0
Dividends	0	0	0	0
Other Current Debt	39 000	12 000	0	0
Total Current Debt	624 000	159 000	61 000	59 000
Total Equity and Debt	1 251 000	176 000	58 000	53 000

Financial indicators	2021	2020	2019	2018
Return on Equity	97,71 %	117,65 %	−100 %	−200 %
Debt-to-Equity Ratio	−0,15	0	−0	−0
Operating Profit Margin	60,2 %	10,78 %	1,01 %	2,32 %
Current Ratio	2	1,11	0,95	0,9
Quick Ratio	2	1,11	1,41	1,36
Equity Ratio	0,59	0,1	−0,05	−0,11
Gross Profit Margin	92,66 %	39,66 %	11,49 %	7,47 %