TELEMARK SOLFILM AS

3946 PORSGRUNN

Finances

Share Ownership

Return on Equity

23,38 %

Current Ratio

2,29

Debt-to-Equity Ratio

1,94

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 935 000	2 295 000	2 122 000	0
Net Income	72 000	23 000	189 000	0
Total Assets	1 209 000	1 005 000	514 000	24 000
Total Equity	308 000	236 000	214 000	24 000

Income (NOK)	2022	2021	2020
Revenue	2 935 000	2 295 000	2 122 000
Expenditure	2 836 000	2 257 000	1 873 000
Operating Profit	99 000	38 000	248 000
Financial Income	14 000	0	0
Financial Costs	20 000	9 000	0
Financial Balance	−6 000	−9 000	0
Earnings Before Tax	93 000	29 000	248 000
Tax	21 000	6 000	59 000
Net Income	72 000	23 000	189 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	515 000	432 000	16 000	0
Total Current Assets	694 000	572 000	498 000	24 000
Total Assets	1 209 000	1 005 000	514 000	24 000
Total Retained Equity	284 000	212 000	189 000	0
Total Equity	308 000	236 000	214 000	24 000
Total Long-Term Debt	598 000	526 000	1 000	0
Total Current Debt	303 000	242 000	299 000	0
Total Equity and Debt	1 209 000	1 005 000	514 000	24 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 686 000	2 268 000	2 122 000
Other Income	249 000	26 000	0
Revenue	2 935 000	2 295 000	2 122 000
Cost of Goods Sold	189 000	−69 000	0
Salary Costs	1 344 000	1 225 000	1 002 000
Depreciation	101 000	88 000	0
Impairment	0	0	0
Expenditure	2 836 000	2 257 000	1 873 000
Operating Profit	99 000	38 000	248 000
Financial Income	14 000	0	0
Financial Costs	20 000	9 000	0
Financial Balance	−6 000	−9 000	0
Dividends	0	0	0
Net Income	72 000	23 000	189 000

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	515 000	432 000	16 000	0
Total Tangible Assets	515 000	432 000	16 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	515 000	432 000	16 000	0
Stock	0	86 000	0	0
Total Investments	0	0	0	0
Cash, Bank	543 000	402 000	447 000	24 000
Total Current Assets	694 000	572 000	498 000	24 000
Total Assets	1 209 000	1 005 000	514 000	24 000
Total Equity	308 000	236 000	214 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	598 000	526 000	1 000	0
Creditors	0	0	0	0
Unpaid Taxes	163 000	128 000	147 000	0
Dividends	0	0	0	0
Other Current Debt	127 000	114 000	93 000	0
Total Current Debt	303 000	242 000	299 000	0
Total Equity and Debt	1 209 000	1 005 000	514 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,38 %	9,75 %	88,32 %	0 %
Debt-to-Equity Ratio	1,94	2,23	0	0
Operating Profit Margin	3,37 %	1,66 %	11,69 %	-
Current Ratio	2,29	2,36	1,67	-
Quick Ratio	2,29	3,67	1,67	-
Equity Ratio	0,25	0,23	0,42	1
Gross Profit Margin	93,56 %	103,01 %	100 %	-