TELEMARK EIENDOMSSERVICE AS

3970 LANGESUND

Finances

Share Ownership

Return on Equity

118,69 %

Current Ratio

0,12

Debt-to-Equity Ratio

−1

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 564 000	2 032 000	2 423 000	2 162 000
Net Income	−527 000	−42 000	−24 000	73 000
Total Assets	515 000	532 000	480 000	990 000
Total Equity	−444 000	83 000	125 000	149 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 564 000	2 032 000	2 423 000	2 162 000
Expenditure	2 050 000	2 072 000	2 443 000	2 037 000
Operating Profit	−486 000	−40 000	−20 000	126 000
Financial Income	0	0	0	0
Financial Costs	41 000	3 000	4 000	5 000
Financial Balance	−41 000	−3 000	−4 000	−5 000
Earnings Before Tax	−527 000	−42 000	−24 000	120 000
Tax	0	0	0	48 000
Net Income	−527 000	−42 000	−24 000	73 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	453 000	107 000	151 000	115 000
Total Current Assets	62 000	425 000	329 000	875 000
Total Assets	515 000	532 000	480 000	990 000
Total Retained Equity	−474 000	53 000	95 000	119 000
Total Equity	−444 000	83 000	125 000	149 000
Total Long-Term Debt	443 000	0	29 000	63 000
Total Current Debt	517 000	449 000	326 000	778 000
Total Equity and Debt	515 000	532 000	480 000	990 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 564 000	2 077 000	2 370 000	2 162 000
Other Income	0	−45 000	53 000	0
Revenue	1 564 000	2 032 000	2 423 000	2 162 000
Cost of Goods Sold	997 000	1 056 000	1 326 000	1 025 000
Salary Costs	460 000	449 000	474 000	433 000
Depreciation	68 000	44 000	37 000	22 000
Impairment	0	0	0	0
Expenditure	2 050 000	2 072 000	2 443 000	2 037 000
Operating Profit	−486 000	−40 000	−20 000	126 000
Financial Income	0	0	0	0
Financial Costs	41 000	3 000	4 000	5 000
Financial Balance	−41 000	−3 000	−4 000	−5 000
Dividends	0	0	0	0
Net Income	−527 000	−42 000	−24 000	73 000

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	66 000	0	0	0
Fixtures	388 000	107 000	151 000	115 000
Total Tangible Assets	453 000	107 000	151 000	115 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	453 000	107 000	151 000	115 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−411 000	125 000	143 000	728 000
Total Current Assets	62 000	425 000	329 000	875 000
Total Assets	515 000	532 000	480 000	990 000
Total Equity	−444 000	83 000	125 000	149 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	443 000	0	29 000	63 000
Creditors	71 000	199 000	205 000	430 000
Unpaid Taxes	227 000	93 000	31 000	182 000
Dividends	0	0	0	0
Other Current Debt	220 000	157 000	90 000	130 000
Total Current Debt	517 000	449 000	326 000	778 000
Total Equity and Debt	515 000	532 000	480 000	990 000

Financial indicators	2021	2020	2019	2018
Return on Equity	118,69 %	−50,6 %	−19,2 %	48,99 %
Debt-to-Equity Ratio	−1	0	0,23	0,42
Operating Profit Margin	−31,07 %	−1,97 %	−0,83 %	5,83 %
Current Ratio	0,12	0,95	1,01	1,12
Quick Ratio	0,12	0,95	1,01	1,12
Equity Ratio	−0,86	0,16	0,26	0,15
Gross Profit Margin	36,25 %	48,03 %	45,27 %	52,59 %