TELEVENTURE MANAGEMENT XIV AS

0157 OSLO

Finances

Share Ownership

Return on Equity

22,05 %

Current Ratio

2,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 350 000	8 633 000	8 800 000	6 267 000
Net Income	1 033 000	−36 000	3 135 000	522 000
Total Assets	7 459 000	6 833 000	8 139 000	4 134 000
Total Equity	4 684 000	3 651 000	3 687 000	552 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 350 000	8 633 000	8 800 000	6 267 000
Expenditure	6 973 000	8 685 000	4 774 000	5 624 000
Operating Profit	1 377 000	−51 000	4 026 000	643 000
Financial Income	2 000	5 000	0	43 000
Financial Costs	1 000	1 000	2 000	0
Financial Balance	1 000	4 000	−2 000	43 000
Earnings Before Tax	1 378 000	−47 000	4 024 000	686 000
Tax	345 000	−11 000	890 000	164 000
Net Income	1 033 000	−36 000	3 135 000	522 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	27 000	32 000	32 000
Total Current Assets	7 455 000	6 806 000	8 108 000	4 102 000
Total Assets	7 459 000	6 833 000	8 139 000	4 134 000
Total Retained Equity	4 654 000	3 621 000	3 657 000	522 000
Total Equity	4 684 000	3 651 000	3 687 000	552 000
Total Long-Term Debt	0	0	1 000	2 000
Total Current Debt	2 774 000	3 182 000	4 452 000	3 580 000
Total Equity and Debt	7 459 000	6 833 000	8 139 000	4 134 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 350 000	8 633 000	8 800 000	4 800 000
Other Income	0	0	0	1 467 000
Revenue	8 350 000	8 633 000	8 800 000	6 267 000
Cost of Goods Sold	0	0	0	0
Salary Costs	6 214 000	7 643 000	4 295 000	5 281 000
Depreciation	16 000	15 000	15 000	1 000
Impairment	0	0	0	0
Expenditure	6 973 000	8 685 000	4 774 000	5 624 000
Operating Profit	1 377 000	−51 000	4 026 000	643 000
Financial Income	2 000	5 000	0	43 000
Financial Costs	1 000	1 000	2 000	0
Financial Balance	1 000	4 000	−2 000	43 000
Dividends	0	0	0	0
Net Income	1 033 000	−36 000	3 135 000	522 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	10 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	16 000	32 000	32 000
Total Tangible Assets	0	16 000	32 000	32 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 000	27 000	32 000	32 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	637 000	252 000	1 147 000	1 008 000
Total Current Assets	7 455 000	6 806 000	8 108 000	4 102 000
Total Assets	7 459 000	6 833 000	8 139 000	4 134 000
Total Equity	4 684 000	3 651 000	3 687 000	552 000
Short-Term Group Debt	627 000	1 968 000	3 076 000	2 007 000
Total Long-Term Debt	0	0	1 000	2 000
Creditors	58 000	79 000	32 000	9 000
Unpaid Taxes	881 000	305 000	0	807 000
Dividends	0	0	0	0
Other Current Debt	870 000	831 000	453 000	595 000
Total Current Debt	2 774 000	3 182 000	4 452 000	3 580 000
Total Equity and Debt	7 459 000	6 833 000	8 139 000	4 134 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,05 %	−0,99 %	85,03 %	94,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,49 %	−0,59 %	45,75 %	10,26 %
Current Ratio	2,69	2,14	1,82	1,15
Quick Ratio	2,69	2,14	1,82	1,15
Equity Ratio	0,63	0,53	0,45	0,13
Gross Profit Margin	100 %	100 %	100 %	100 %