TELECOM NORDEN AS

7020 TRONDHEIM

Finances

Return on Equity

−14,62 %

Current Ratio

2,43

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 524 000	7 462 000	22 537 000	14 476 000
Net Income	−321 000	−343 000	221 000	190 000
Total Assets	3 386 000	3 905 000	12 377 000	5 772 000
Total Equity	2 196 000	2 516 000	2 860 000	2 639 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 524 000	7 462 000	22 537 000	14 476 000
Expenditure	7 844 000	7 825 000	22 277 000	14 273 000
Operating Profit	−320 000	−363 000	260 000	203 000
Financial Income	1 000	21 000	27 000	62 000
Financial Costs	1 000	2 000	3 000	20 000
Financial Balance	0	19 000	24 000	42 000
Earnings Before Tax	−321 000	−343 000	283 000	244 000
Tax	0	0	62 000	54 000
Net Income	−321 000	−343 000	221 000	190 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	500 000	500 000	1 504 000	1 007 000
Total Current Assets	2 886 000	3 405 000	10 873 000	4 765 000
Total Assets	3 386 000	3 905 000	12 377 000	5 772 000
Total Retained Equity	1 313 000	1 634 000	1 977 000	1 757 000
Total Equity	2 196 000	2 516 000	2 860 000	2 639 000
Total Long-Term Debt	0	0	1 000 000	1 000 000
Total Current Debt	1 190 000	1 389 000	8 517 000	2 133 000
Total Equity and Debt	3 386 000	3 905 000	12 377 000	5 772 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 524 000	7 362 000	22 537 000	14 476 000
Other Income	0	100 000	0	−1 000
Revenue	7 524 000	7 462 000	22 537 000	14 476 000
Cost of Goods Sold	6 693 000	6 611 000	20 488 000	13 033 000
Salary Costs	819 000	838 000	812 000	907 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 844 000	7 825 000	22 277 000	14 273 000
Operating Profit	−320 000	−363 000	260 000	203 000
Financial Income	1 000	21 000	27 000	62 000
Financial Costs	1 000	2 000	3 000	20 000
Financial Balance	0	19 000	24 000	42 000
Dividends	0	0	0	0
Net Income	−321 000	−343 000	221 000	190 000

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	500 000	500 000	1 504 000	1 007 000
Total Fixed Assets	500 000	500 000	1 504 000	1 007 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 746 000	2 219 000	5 605 000	1 509 000
Total Current Assets	2 886 000	3 405 000	10 873 000	4 765 000
Total Assets	3 386 000	3 905 000	12 377 000	5 772 000
Total Equity	2 196 000	2 516 000	2 860 000	2 639 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	1 000 000	1 000 000
Creditors	897 000	1 143 000	3 993 000	1 456 000
Unpaid Taxes	179 000	144 000	1 321 000	454 000
Dividends	0	0	0	0
Other Current Debt	88 000	102 000	3 140 000	169 000
Total Current Debt	1 190 000	1 389 000	8 517 000	2 133 000
Total Equity and Debt	3 386 000	3 905 000	12 377 000	5 772 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,62 %	−13,63 %	7,73 %	7,2 %
Debt-to-Equity Ratio	0	0	0,35	0,38
Operating Profit Margin	−4,25 %	−4,86 %	1,15 %	1,4 %
Current Ratio	2,43	2,45	1,28	2,23
Quick Ratio	2,43	2,45	1,28	2,23
Equity Ratio	0,65	0,64	0,23	0,46
Gross Profit Margin	11,04 %	11,4 %	9,09 %	9,97 %