MIDT-TELEMARK NÆRINGSPARK AS

3800 BØ I TELEMARK

Finances

Share Ownership

Return on Equity

−0,83 %

Current Ratio

223,19

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	11 918 000	5 557 000	20 000
Net Income	−39 000	1 002 000	1 186 000	−1 040 000
Total Assets	4 702 000	5 642 000	11 876 000	15 182 000
Total Equity	4 681 000	4 719 000	3 718 000	2 532 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	11 918 000	5 557 000	20 000
Expenditure	105 000	10 814 000	4 037 000	644 000
Operating Profit	−105 000	1 104 000	1 519 000	−624 000
Financial Income	66 000	0	2 000	4 000
Financial Costs	0	102 000	335 000	420 000
Financial Balance	66 000	−102 000	−333 000	−416 000
Earnings Before Tax	−39 000	1 002 000	1 186 000	−1 040 000
Tax	0	0	0	0
Net Income	−39 000	1 002 000	1 186 000	−1 040 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	24 000	8 448 000	11 726 000
Total Current Assets	4 687 000	5 618 000	3 428 000	3 456 000
Total Assets	4 702 000	5 642 000	11 876 000	15 182 000
Total Retained Equity	−2 719 000	−2 681 000	−3 682 000	−4 868 000
Total Equity	4 681 000	4 719 000	3 718 000	2 532 000
Total Long-Term Debt	0	0	8 090 000	11 858 000
Total Current Debt	21 000	922 000	69 000	792 000
Total Equity and Debt	4 702 000	5 642 000	11 876 000	15 182 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	11 918 000	5 557 000	20 000
Other Income	0	0	0	0
Revenue	0	11 918 000	5 557 000	20 000
Cost of Goods Sold	0	10 284 000	3 512 000	100 000
Salary Costs	29 000	80 000	19 000	27 000
Depreciation	9 000	9 000	9 000	4 000
Impairment	0	0	0	0
Expenditure	105 000	10 814 000	4 037 000	644 000
Operating Profit	−105 000	1 104 000	1 519 000	−624 000
Financial Income	66 000	0	2 000	4 000
Financial Costs	0	102 000	335 000	420 000
Financial Balance	66 000	−102 000	−333 000	−416 000
Dividends	0	0	0	0
Net Income	−39 000	1 002 000	1 186 000	−1 040 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	8 416 000	11 684 000
Machinery and Plant Facilities	14 000	24 000	33 000	42 000
Fixtures	0	0	0	0
Total Tangible Assets	14 000	24 000	8 448 000	11 726 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 000	24 000	8 448 000	11 726 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 687 000	5 618 000	292 000	3 446 000
Total Current Assets	4 687 000	5 618 000	3 428 000	3 456 000
Total Assets	4 702 000	5 642 000	11 876 000	15 182 000
Total Equity	4 681 000	4 719 000	3 718 000	2 532 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	8 090 000	11 858 000
Creditors	5 000	906 000	20 000	741 000
Unpaid Taxes	16 000	16 000	0	13 000
Dividends	0	0	0	0
Other Current Debt	0	0	49 000	38 000
Total Current Debt	21 000	922 000	69 000	792 000
Total Equity and Debt	4 702 000	5 642 000	11 876 000	15 182 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,83 %	21,23 %	31,9 %	−41,07 %
Debt-to-Equity Ratio	0	0	2,18	4,68
Operating Profit Margin	-	9,26 %	27,33 %	−3 120 %
Current Ratio	223,19	6,09	49,68	4,36
Quick Ratio	223,19	6,09	49,68	4,36
Equity Ratio	1	0,84	0,31	0,17
Gross Profit Margin	-	13,71 %	36,8 %	−400 %