FINSKE TØMMERHUS TELEMARK AS

3931 PORSGRUNN

Finances

Share Ownership

Return on Equity

135,2 %

Current Ratio

1,5

Debt-to-Equity Ratio

−3,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 607 000	6 760 000	0	0
Net Income	−580 000	126 000	−21 000	−14 000
Total Assets	3 440 000	3 652 000	42 000	18 000
Total Equity	−429 000	151 000	25 000	16 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 607 000	6 760 000	0	0
Expenditure	2 098 000	6 589 000	21 000	14 000
Operating Profit	−490 000	172 000	−21 000	−14 000
Financial Income	3 000	0	0	0
Financial Costs	94 000	21 000	0	0
Financial Balance	−91 000	−21 000	0	0
Earnings Before Tax	−580 000	152 000	−21 000	−14 000
Tax	0	26 000	0	0
Net Income	−580 000	126 000	−21 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 440 000	3 652 000	42 000	18 000
Total Assets	3 440 000	3 652 000	42 000	18 000
Total Retained Equity	−489 000	91 000	−35 000	−14 000
Total Equity	−429 000	151 000	25 000	16 000
Total Long-Term Debt	1 582 000	1 582 000	0	0
Total Current Debt	2 287 000	1 919 000	17 000	2 000
Total Equity and Debt	3 440 000	3 652 000	42 000	18 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 607 000	6 760 000	0	0
Other Income	0	0	0	0
Revenue	1 607 000	6 760 000	0	0
Cost of Goods Sold	1 434 000	6 412 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 098 000	6 589 000	21 000	14 000
Operating Profit	−490 000	172 000	−21 000	−14 000
Financial Income	3 000	0	0	0
Financial Costs	94 000	21 000	0	0
Financial Balance	−91 000	−21 000	0	0
Dividends	0	0	0	0
Net Income	−580 000	126 000	−21 000	−14 000

Balance details (NOK)	2022	2021	2020	2019
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	2 600 000	2 236 000	0	0
Total Investments	0	0	0	0
Cash, Bank	778 000	1 014 000	42 000	18 000
Total Current Assets	3 440 000	3 652 000	42 000	18 000
Total Assets	3 440 000	3 652 000	42 000	18 000
Total Equity	−429 000	151 000	25 000	16 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 582 000	1 582 000	0	0
Creditors	1 497 000	1 533 000	17 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	790 000	360 000	0	0
Total Current Debt	2 287 000	1 919 000	17 000	2 000
Total Equity and Debt	3 440 000	3 652 000	42 000	18 000

Financial indicators	2022	2021	2020	2019
Return on Equity	135,2 %	83,44 %	−84 %	−87,5 %
Debt-to-Equity Ratio	−3,69	10,48	0	0
Operating Profit Margin	−30,49 %	2,54 %	-	-
Current Ratio	1,5	1,9	2,47	9
Quick Ratio	−10,99	−11,52	2,47	9
Equity Ratio	−0,12	0,04	0,6	0,89
Gross Profit Margin	10,77 %	5,15 %	-	-