ØVRE TELEMARK SAMDISTRIBUSJON AS

3850 KVITESEID

Finances

Return on Equity

33,99 %

Current Ratio

1,35

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 949 000	11 815 000	11 474 000	12 078 000
Net Income	869 000	315 000	921 000	−128 000
Total Assets	6 006 000	4 263 000	4 528 000	4 414 000
Total Equity	2 557 000	2 288 000	2 373 000	2 252 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 949 000	11 815 000	11 474 000	12 078 000
Expenditure	13 875 000	11 449 000	10 367 000	12 252 000
Operating Profit	1 073 000	367 000	1 107 000	−173 000
Financial Income	52 000	40 000	43 000	48 000
Financial Costs	4 000	3 000	7 000	3 000
Financial Balance	48 000	37 000	36 000	45 000
Earnings Before Tax	1 122 000	404 000	1 143 000	−128 000
Tax	252 000	89 000	221 000	0
Net Income	869 000	315 000	921 000	−128 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 445 000	754 000	812 000	1 099 000
Total Current Assets	4 561 000	3 508 000	3 716 000	3 315 000
Total Assets	6 006 000	4 263 000	4 528 000	4 414 000
Total Retained Equity	2 356 000	2 087 000	2 172 000	2 051 000
Total Equity	2 557 000	2 288 000	2 373 000	2 252 000
Total Long-Term Debt	71 000	67 000	66 000	0
Total Current Debt	3 378 000	1 907 000	2 089 000	2 162 000
Total Equity and Debt	6 006 000	4 263 000	4 528 000	4 414 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 949 000	11 729 000	10 921 000	11 938 000
Other Income	0	86 000	553 000	140 000
Revenue	14 949 000	11 815 000	11 474 000	12 078 000
Cost of Goods Sold	2 000	0	1 000	108 000
Salary Costs	5 695 000	5 133 000	4 426 000	5 710 000
Depreciation	95 000	145 000	217 000	214 000
Impairment	0	0	0	0
Expenditure	13 875 000	11 449 000	10 367 000	12 252 000
Operating Profit	1 073 000	367 000	1 107 000	−173 000
Financial Income	52 000	40 000	43 000	48 000
Financial Costs	4 000	3 000	7 000	3 000
Financial Balance	48 000	37 000	36 000	45 000
Dividends	600 000	0	400 000	0
Net Income	869 000	315 000	921 000	−128 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	51 000	61 000	72 000	83 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 065 000	595 000	609 000	799 000
Total Tangible Assets	1 116 000	657 000	681 000	882 000
Total Fiancial Fixed Assets	329 000	98 000	131 000	217 000
Total Fixed Assets	1 445 000	754 000	812 000	1 099 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 345 000	1 555 000	1 898 000	1 375 000
Total Current Assets	4 561 000	3 508 000	3 716 000	3 315 000
Total Assets	6 006 000	4 263 000	4 528 000	4 414 000
Total Equity	2 557 000	2 288 000	2 373 000	2 252 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	71 000	67 000	66 000	0
Creditors	1 189 000	682 000	563 000	619 000
Unpaid Taxes	798 000	462 000	460 000	835 000
Dividends	600 000	0	400 000	0
Other Current Debt	542 000	676 000	511 000	708 000
Total Current Debt	3 378 000	1 907 000	2 089 000	2 162 000
Total Equity and Debt	6 006 000	4 263 000	4 528 000	4 414 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,99 %	13,77 %	38,81 %	−5,68 %
Debt-to-Equity Ratio	0,03	0,03	0,03	0
Operating Profit Margin	7,18 %	3,11 %	9,65 %	−1,43 %
Current Ratio	1,35	1,84	1,78	1,53
Quick Ratio	1,35	1,84	1,78	1,53
Equity Ratio	0,43	0,54	0,52	0,51
Gross Profit Margin	99,99 %	100 %	99,99 %	99,11 %