TELEMARK FORSIKRING AS

3850 KVITESEID

Finances

Return on Equity

59,69 %

Current Ratio

0,3

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 984 000	5 232 000	5 444 000	5 567 000
Net Income	533 000	1 204 000	1 110 000	550 000
Total Assets	2 863 000	3 452 000	3 310 000	2 793 000
Total Equity	893 000	1 359 000	1 406 000	1 296 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 984 000	5 232 000	5 444 000	5 567 000
Expenditure	4 271 000	3 624 000	3 960 000	4 811 000
Operating Profit	713 000	1 608 000	1 483 000	756 000
Financial Income	0	0	4 000	1 000
Financial Costs	0	3 000	8 000	24 000
Financial Balance	0	−3 000	−4 000	−23 000
Earnings Before Tax	713 000	1 605 000	1 480 000	733 000
Tax	180 000	401 000	370 000	183 000
Net Income	533 000	1 204 000	1 110 000	550 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 302 000	2 026 000	2 062 000	2 229 000
Total Current Assets	561 000	1 426 000	1 248 000	564 000
Total Assets	2 863 000	3 452 000	3 310 000	2 793 000
Total Retained Equity	793 000	1 259 000	1 306 000	1 196 000
Total Equity	893 000	1 359 000	1 406 000	1 296 000
Total Long-Term Debt	123 000	151 000	191 000	235 000
Total Current Debt	1 846 000	1 942 000	1 713 000	1 262 000
Total Equity and Debt	2 863 000	3 452 000	3 310 000	2 793 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 984 000	5 232 000	5 444 000	5 567 000
Other Income	0	0	0	0
Revenue	4 984 000	5 232 000	5 444 000	5 567 000
Cost of Goods Sold	0	0	0	0
Salary Costs	3 394 000	2 951 000	3 054 000	3 606 000
Depreciation	104 000	35 000	24 000	19 000
Impairment	0	0	0	0
Expenditure	4 271 000	3 624 000	3 960 000	4 811 000
Operating Profit	713 000	1 608 000	1 483 000	756 000
Financial Income	0	0	4 000	1 000
Financial Costs	0	3 000	8 000	24 000
Financial Balance	0	−3 000	−4 000	−23 000
Dividends	1 000 000	1 250 000	1 000 000	300 000
Net Income	533 000	1 204 000	1 110 000	550 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 758 000	1 758 000	1 758 000	1 758 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	545 000	269 000	304 000	271 000
Total Tangible Assets	2 302 000	2 026 000	2 062 000	2 029 000
Total Fiancial Fixed Assets	0	0	0	200 000
Total Fixed Assets	2 302 000	2 026 000	2 062 000	2 229 000
Stock	0	0	0	0
Total Investments	2 000	2 000	2 000	2 000
Cash, Bank	329 000	1 194 000	797 000	158 000
Total Current Assets	561 000	1 426 000	1 248 000	564 000
Total Assets	2 863 000	3 452 000	3 310 000	2 793 000
Total Equity	893 000	1 359 000	1 406 000	1 296 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	123 000	151 000	191 000	235 000
Creditors	51 000	20 000	84 000	9 000
Unpaid Taxes	289 000	226 000	246 000	246 000
Dividends	1 000 000	1 250 000	1 000 000	300 000
Other Current Debt	299 000	755 000	469 000	397 000
Total Current Debt	1 846 000	1 942 000	1 713 000	1 262 000
Total Equity and Debt	2 863 000	3 452 000	3 310 000	2 793 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,69 %	88,59 %	78,95 %	42,44 %
Debt-to-Equity Ratio	0,14	0,11	0,14	0,18
Operating Profit Margin	14,31 %	30,73 %	27,24 %	13,58 %
Current Ratio	0,3	0,73	0,73	0,45
Quick Ratio	0,3	0,73	0,73	0,45
Equity Ratio	0,31	0,39	0,42	0,46
Gross Profit Margin	100 %	100 %	100 %	100 %