TELEMARK ELEKTROSERVICE AS

3804 BØ I TELEMARK

Finances

Share Ownership

Return on Equity

2,27 %

Current Ratio

19,37

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	89 000	621 000	1 674 000	1 742 000
Net Income	142 000	375 000	783 000	762 000
Total Assets	6 707 000	6 561 000	6 178 000	5 357 000
Total Equity	6 267 000	6 125 000	5 750 000	4 966 000

Income (NOK)	2022	2021	2020	2019
Revenue	89 000	621 000	1 674 000	1 742 000
Expenditure	207 000	421 000	905 000	895 000
Operating Profit	−118 000	199 000	769 000	847 000
Financial Income	306 000	282 000	236 000	132 000
Financial Costs	6 000	0	0	2 000
Financial Balance	300 000	282 000	236 000	130 000
Earnings Before Tax	182 000	481 000	1 005 000	976 000
Tax	40 000	106 000	221 000	215 000
Net Income	142 000	375 000	783 000	762 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	122 000	153 000	191 000	0
Total Current Assets	6 585 000	6 408 000	5 987 000	5 357 000
Total Assets	6 707 000	6 561 000	6 178 000	5 357 000
Total Retained Equity	6 167 000	6 025 000	5 650 000	4 866 000
Total Equity	6 267 000	6 125 000	5 750 000	4 966 000
Total Long-Term Debt	101 000	101 000	101 000	49 000
Total Current Debt	340 000	335 000	328 000	342 000
Total Equity and Debt	6 707 000	6 561 000	6 178 000	5 357 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	89 000	621 000	1 674 000	1 740 000
Other Income	0	0	0	2 000
Revenue	89 000	621 000	1 674 000	1 742 000
Cost of Goods Sold	43 000	53 000	261 000	265 000
Salary Costs	57 000	228 000	456 000	456 000
Depreciation	31 000	38 000	48 000	0
Impairment	0	0	0	0
Expenditure	207 000	421 000	905 000	895 000
Operating Profit	−118 000	199 000	769 000	847 000
Financial Income	306 000	282 000	236 000	132 000
Financial Costs	6 000	0	0	2 000
Financial Balance	300 000	282 000	236 000	130 000
Dividends	0	0	0	0
Net Income	142 000	375 000	783 000	762 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	153 000	191 000	239 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	−31 000	−38 000	−48 000	0
Total Tangible Assets	122 000	153 000	191 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	122 000	153 000	191 000	0
Stock	10 000	10 000	10 000	10 000
Total Investments	0	0	0	0
Cash, Bank	365 000	503 000	540 000	1 690 000
Total Current Assets	6 585 000	6 408 000	5 987 000	5 357 000
Total Assets	6 707 000	6 561 000	6 178 000	5 357 000
Total Equity	6 267 000	6 125 000	5 750 000	4 966 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	101 000	101 000	101 000	49 000
Creditors	10 000	−4 000	−2 000	0
Unpaid Taxes	35 000	3 000	60 000	79 000
Dividends	0	0	0	0
Other Current Debt	255 000	230 000	48 000	48 000
Total Current Debt	340 000	335 000	328 000	342 000
Total Equity and Debt	6 707 000	6 561 000	6 178 000	5 357 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,27 %	6,12 %	13,62 %	15,34 %
Debt-to-Equity Ratio	0,02	0,02	0,02	0,01
Operating Profit Margin	−132,58 %	32,05 %	45,94 %	48,62 %
Current Ratio	19,37	19,13	18,25	15,66
Quick Ratio	19,95	19,72	18,83	16,14
Equity Ratio	0,93	0,93	0,93	0,93
Gross Profit Margin	51,69 %	91,47 %	84,41 %	84,79 %