MIDT-TELEMARK KOMMUNALE EIGEDOM AS

3800 BØ I TELEMARK

Finances

Return on Equity

17,05 %

Current Ratio

1,85

Debt-to-Equity Ratio

4,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 682 000	10 009 000	9 469 000	9 452 000
Net Income	2 290 000	1 273 000	52 000	942 000
Total Assets	74 408 000	73 264 000	69 602 000	69 930 000
Total Equity	13 433 000	11 143 000	7 870 000	7 818 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 682 000	10 009 000	9 469 000	9 452 000
Expenditure	7 643 000	6 852 000	7 832 000	6 326 000
Operating Profit	5 040 000	3 156 000	1 637 000	3 127 000
Financial Income	112 000	97 000	151 000	145 000
Financial Costs	2 215 000	1 621 000	1 722 000	2 063 000
Financial Balance	−2 103 000	−1 524 000	−1 571 000	−1 918 000
Earnings Before Tax	2 936 000	1 633 000	66 000	1 209 000
Tax	646 000	359 000	15 000	267 000
Net Income	2 290 000	1 273 000	52 000	942 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	63 850 000	67 671 000	64 124 000	65 113 000
Total Current Assets	10 558 000	5 593 000	5 478 000	4 818 000
Total Assets	74 408 000	73 264 000	69 602 000	69 930 000
Total Retained Equity	10 308 000	8 018 000	6 744 000	6 693 000
Total Equity	13 433 000	11 143 000	7 870 000	7 818 000
Total Long-Term Debt	55 281 000	57 116 000	59 315 000	60 967 000
Total Current Debt	5 693 000	5 005 000	2 417 000	1 145 000
Total Equity and Debt	74 408 000	73 264 000	69 602 000	69 930 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 350 000	1 454 000	1 357 000	1 350 000
Other Income	10 332 000	8 555 000	8 112 000	8 102 000
Revenue	12 682 000	10 009 000	9 469 000	9 452 000
Cost of Goods Sold	102 000	49 000	19 000	16 000
Salary Costs	2 647 000	2 271 000	2 017 000	1 377 000
Depreciation	2 008 000	2 016 000	1 986 000	1 978 000
Impairment	0	0	0	0
Expenditure	7 643 000	6 852 000	7 832 000	6 326 000
Operating Profit	5 040 000	3 156 000	1 637 000	3 127 000
Financial Income	112 000	97 000	151 000	145 000
Financial Costs	2 215 000	1 621 000	1 722 000	2 063 000
Financial Balance	−2 103 000	−1 524 000	−1 571 000	−1 918 000
Dividends	0	0	0	100 000
Net Income	2 290 000	1 273 000	52 000	942 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	55 614 000	59 773 000	59 984 000	61 450 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	318 000	0	0	0
Total Tangible Assets	55 932 000	59 773 000	59 984 000	61 450 000
Total Fiancial Fixed Assets	7 918 000	7 898 000	4 140 000	3 663 000
Total Fixed Assets	63 850 000	67 671 000	64 124 000	65 113 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 576 000	4 670 000	2 602 000	4 135 000
Total Current Assets	10 558 000	5 593 000	5 478 000	4 818 000
Total Assets	74 408 000	73 264 000	69 602 000	69 930 000
Total Equity	13 433 000	11 143 000	7 870 000	7 818 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	55 281 000	57 116 000	59 315 000	60 967 000
Creditors	782 000	289 000	1 627 000	356 000
Unpaid Taxes	292 000	248 000	219 000	168 000
Dividends	0	0	0	100 000
Other Current Debt	4 619 000	4 468 000	572 000	621 000
Total Current Debt	5 693 000	5 005 000	2 417 000	1 145 000
Total Equity and Debt	74 408 000	73 264 000	69 602 000	69 930 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,05 %	11,42 %	0,66 %	12,05 %
Debt-to-Equity Ratio	4,12	5,13	7,54	7,8
Operating Profit Margin	39,74 %	31,53 %	17,29 %	33,08 %
Current Ratio	1,85	1,12	2,27	4,21
Quick Ratio	1,85	1,12	2,27	4,21
Equity Ratio	0,18	0,15	0,11	0,11
Gross Profit Margin	99,2 %	99,51 %	99,8 %	99,83 %