TELEMARK HYTTEVASK AS

3804 BØ I TELEMARK

Finances

Share Ownership

Return on Equity

98,18 %

Current Ratio

2,03

Debt-to-Equity Ratio

6,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	435 000	253 000	127 000	0
Net Income	54 000	34 000	−36 000	−21 000
Total Assets	457 000	58 000	70 000	57 000
Total Equity	55 000	2 000	−33 000	4 000

Income (NOK)	2022	2021	2020	2019
Revenue	435 000	253 000	127 000	0
Expenditure	371 000	231 000	181 000	21 000
Operating Profit	63 000	21 000	−54 000	−21 000
Financial Income	0	0	0	0
Financial Costs	10 000	1 000	0	0
Financial Balance	−10 000	−1 000	0	0
Earnings Before Tax	54 000	21 000	−54 000	−21 000
Tax	0	−13 000	−18 000	0
Net Income	54 000	34 000	−36 000	−21 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	378 000	13 000	18 000	0
Total Current Assets	79 000	45 000	52 000	57 000
Total Assets	457 000	58 000	70 000	57 000
Total Retained Equity	25 000	−23 000	−57 000	−21 000
Total Equity	55 000	2 000	−33 000	4 000
Total Long-Term Debt	363 000	50 000	80 000	50 000
Total Current Debt	39 000	7 000	23 000	3 000
Total Equity and Debt	457 000	58 000	70 000	57 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	435 000	253 000	127 000	0
Other Income	0	0	0	0
Revenue	435 000	253 000	127 000	0
Cost of Goods Sold	15 000	16 000	2 000	0
Salary Costs	219 000	145 000	60 000	0
Depreciation	19 000	0	0	0
Impairment	0	0	0	0
Expenditure	371 000	231 000	181 000	21 000
Operating Profit	63 000	21 000	−54 000	−21 000
Financial Income	0	0	0	0
Financial Costs	10 000	1 000	0	0
Financial Balance	−10 000	−1 000	0	0
Dividends	0	0	0	0
Net Income	54 000	34 000	−36 000	−21 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	13 000	18 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	365 000	0	0	0
Total Tangible Assets	365 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	378 000	13 000	18 000	0
Stock	9 000	12 000	15 000	18 000
Total Investments	0	0	0	0
Cash, Bank	6 000	3 000	32 000	26 000
Total Current Assets	79 000	45 000	52 000	57 000
Total Assets	457 000	58 000	70 000	57 000
Total Equity	55 000	2 000	−33 000	4 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	363 000	50 000	80 000	50 000
Creditors	3 000	0	0	2 000
Unpaid Taxes	7 000	12 000	9 000	0
Dividends	0	0	0	0
Other Current Debt	29 000	−6 000	14 000	1 000
Total Current Debt	39 000	7 000	23 000	3 000
Total Equity and Debt	457 000	58 000	70 000	57 000

Financial indicators	2022	2021	2020	2019
Return on Equity	98,18 %	1 700 %	109,09 %	−525 %
Debt-to-Equity Ratio	6,6	25	−2,42	12,5
Operating Profit Margin	14,48 %	8,3 %	−42,52 %	-
Current Ratio	2,03	6,43	2,26	19
Quick Ratio	2,63	−9	6,5	−3,8
Equity Ratio	0,12	0,03	−0,47	0,07
Gross Profit Margin	96,55 %	93,68 %	98,43 %	-