VESTFOLD OG TELEMARK KULTURNETTVERK

3800 BØ I TELEMARK

Finances

Share Ownership

Return on Equity

3,52 %

Current Ratio

2,94

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 329 000	3 893 000	1 716 000	1 749 000
Net Income	79 000	369 000	174 000	194 000
Total Assets	3 406 000	3 823 000	2 026 000	1 776 000
Total Equity	2 247 000	2 168 000	1 036 000	862 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 329 000	3 893 000	1 716 000	1 749 000
Expenditure	3 171 000	3 705 000	1 577 000	1 670 000
Operating Profit	158 000	188 000	139 000	78 000
Financial Income	4 000	181 000	35 000	115 000
Financial Costs	0	0	0	0
Financial Balance	4 000	181 000	35 000	115 000
Earnings Before Tax	162 000	369 000	174 000	194 000
Tax	0	0	0	0
Net Income	79 000	369 000	174 000	194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 406 000	3 823 000	2 026 000	1 776 000
Total Assets	3 406 000	3 823 000	2 026 000	1 776 000
Total Retained Equity	0	2 168 000	1 036 000	862 000
Total Equity	2 247 000	2 168 000	1 036 000	862 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 159 000	1 654 000	990 000	914 000
Total Equity and Debt	3 406 000	3 823 000	2 026 000	1 776 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 000	36 000	16 000	9 000
Other Income	3 323 000	3 856 000	1 700 000	1 739 000
Revenue	3 329 000	3 893 000	1 716 000	1 749 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 413 000	1 374 000	827 000	915 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 171 000	3 705 000	1 577 000	1 670 000
Operating Profit	158 000	188 000	139 000	78 000
Financial Income	4 000	181 000	35 000	115 000
Financial Costs	0	0	0	0
Financial Balance	4 000	181 000	35 000	115 000
Dividends	0	0	0	0
Net Income	79 000	369 000	174 000	194 000

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	0	0	0	0
Total Investments	981 000	1 063 000	884 000	855 000
Cash, Bank	2 342 000	2 639 000	1 069 000	854 000
Total Current Assets	3 406 000	3 823 000	2 026 000	1 776 000
Total Assets	3 406 000	3 823 000	2 026 000	1 776 000
Total Equity	2 247 000	2 168 000	1 036 000	862 000
Short-Term Group Debt	1 068 000	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	5 000	0	0
Unpaid Taxes	81 000	90 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	1 560 000	990 000	914 000
Total Current Debt	1 159 000	1 654 000	990 000	914 000
Total Equity and Debt	3 406 000	3 823 000	2 026 000	1 776 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,52 %	17,02 %	16,8 %	22,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,75 %	4,83 %	8,1 %	4,46 %
Current Ratio	2,94	2,31	2,05	1,94
Quick Ratio	2,94	2,31	2,05	1,94
Equity Ratio	0,66	0,57	0,51	0,49
Gross Profit Margin	100 %	100 %	100 %	100 %