TELVEST UTVIKLING AS

3915 PORSGRUNN

Finances

Share Ownership

Return on Equity

−14,56 %

Current Ratio

0,02

Debt-to-Equity Ratio

8,41

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 258 000	900 000	818 000	852 000
Net Income	−97 000	−194 000	−43 000	−81 000
Total Assets	8 607 000	9 132 000	9 155 000	8 861 000
Total Equity	666 000	667 000	667 000	664 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 258 000	900 000	818 000	852 000
Expenditure	1 150 000	973 000	653 000	690 000
Operating Profit	108 000	−73 000	165 000	162 000
Financial Income	1 000	1 000	0	0
Financial Costs	233 000	177 000	220 000	266 000
Financial Balance	−232 000	−176 000	−220 000	−266 000
Earnings Before Tax	−124 000	−249 000	−55 000	−104 000
Tax	−27 000	−55 000	−12 000	−23 000
Net Income	−97 000	−194 000	−43 000	−81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 549 000	8 686 000	8 627 000	8 703 000
Total Current Assets	58 000	446 000	528 000	158 000
Total Assets	8 607 000	9 132 000	9 155 000	8 861 000
Total Retained Equity	−901 000	−805 000	−611 000	−568 000
Total Equity	666 000	667 000	667 000	664 000
Total Long-Term Debt	5 603 000	6 057 000	6 460 000	6 457 000
Total Current Debt	2 338 000	2 409 000	2 029 000	1 740 000
Total Equity and Debt	8 607 000	9 132 000	9 155 000	8 861 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	383 000	367 000	353 000	369 000
Other Income	875 000	534 000	465 000	483 000
Revenue	1 258 000	900 000	818 000	852 000
Cost of Goods Sold	0	0	0	63 000
Salary Costs	0	0	0	0
Depreciation	137 000	139 000	133 000	135 000
Impairment	0	0	0	0
Expenditure	1 150 000	973 000	653 000	690 000
Operating Profit	108 000	−73 000	165 000	162 000
Financial Income	1 000	1 000	0	0
Financial Costs	233 000	177 000	220 000	266 000
Financial Balance	−232 000	−176 000	−220 000	−266 000
Dividends	0	0	0	0
Net Income	−97 000	−194 000	−43 000	−81 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 549 000	8 686 000	8 627 000	8 703 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 549 000	8 686 000	8 627 000	8 703 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 549 000	8 686 000	8 627 000	8 703 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 000	39 000	312 000	90 000
Total Current Assets	58 000	446 000	528 000	158 000
Total Assets	8 607 000	9 132 000	9 155 000	8 861 000
Total Equity	666 000	667 000	667 000	664 000
Short-Term Group Debt	2 023 000	1 978 000	1 557 000	1 364 000
Total Long-Term Debt	5 603 000	6 057 000	6 460 000	6 457 000
Creditors	196 000	35 000	14 000	13 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	119 000	395 000	458 000	363 000
Total Current Debt	2 338 000	2 409 000	2 029 000	1 740 000
Total Equity and Debt	8 607 000	9 132 000	9 155 000	8 861 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,56 %	−29,09 %	−6,45 %	−12,2 %
Debt-to-Equity Ratio	8,41	9,08	9,69	9,72
Operating Profit Margin	8,59 %	−8,11 %	20,17 %	19,01 %
Current Ratio	0,02	0,19	0,26	0,09
Quick Ratio	0,02	0,19	0,26	0,09
Equity Ratio	0,08	0,07	0,07	0,07
Gross Profit Margin	100 %	100 %	100 %	92,61 %