TELEVENTURE MANAGEMENT XI AS

0157 OSLO

Finances

Share Ownership

Return on Equity

33,25 %

Current Ratio

2,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 077 000	2 400 000	2 833 000	18 621 000
Net Income	6 922 000	31 000	15 000	10 249 000
Total Assets	26 517 000	16 315 000	16 150 000	18 405 000
Total Equity	20 817 000	13 894 000	13 863 000	13 848 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 077 000	2 400 000	2 833 000	18 621 000
Expenditure	1 846 000	2 358 000	2 780 000	4 968 000
Operating Profit	9 231 000	42 000	53 000	13 653 000
Financial Income	0	0	0	19 000
Financial Costs	1 000	1 000	25 000	1 000
Financial Balance	−1 000	−1 000	−25 000	18 000
Earnings Before Tax	9 230 000	42 000	28 000	13 671 000
Tax	2 307 000	10 000	13 000	3 422 000
Net Income	6 922 000	31 000	15 000	10 249 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 648 000	1 182 000	1 223 000	1 248 000
Total Current Assets	16 869 000	15 133 000	14 927 000	17 158 000
Total Assets	26 517 000	16 315 000	16 150 000	18 405 000
Total Retained Equity	20 781 000	13 859 000	13 827 000	13 812 000
Total Equity	20 817 000	13 894 000	13 863 000	13 848 000
Total Long-Term Debt	0	0	0	6 000
Total Current Debt	5 700 000	2 421 000	2 287 000	4 552 000
Total Equity and Debt	26 517 000	16 315 000	16 150 000	18 405 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 077 000	2 400 000	2 833 000	18 621 000
Other Income	0	0	0	0
Revenue	11 077 000	2 400 000	2 833 000	18 621 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 278 000	1 848 000	2 206 000	3 533 000
Depreciation	75 000	71 000	88 000	44 000
Impairment	0	0	0	0
Expenditure	1 846 000	2 358 000	2 780 000	4 968 000
Operating Profit	9 231 000	42 000	53 000	13 653 000
Financial Income	0	0	0	19 000
Financial Costs	1 000	1 000	25 000	1 000
Financial Balance	−1 000	−1 000	−25 000	18 000
Dividends	0	0	0	0
Net Income	6 922 000	31 000	15 000	10 249 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	19 000	8 000	3 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	103 000	148 000	176 000
Total Tangible Assets	28 000	103 000	148 000	176 000
Total Fiancial Fixed Assets	9 601 000	1 071 000	1 071 000	1 071 000
Total Fixed Assets	9 648 000	1 182 000	1 223 000	1 248 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 817 000	73 000	329 000	508 000
Total Current Assets	16 869 000	15 133 000	14 927 000	17 158 000
Total Assets	26 517 000	16 315 000	16 150 000	18 405 000
Total Equity	20 817 000	13 894 000	13 863 000	13 848 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	6 000
Creditors	119 000	153 000	103 000	82 000
Unpaid Taxes	364 000	23 000	27 000	0
Dividends	0	0	0	0
Other Current Debt	2 899 000	2 230 000	2 135 000	1 046 000
Total Current Debt	5 700 000	2 421 000	2 287 000	4 552 000
Total Equity and Debt	26 517 000	16 315 000	16 150 000	18 405 000

Financial indicators	2022	2021	2020	2019
Return on Equity	33,25 %	0,22 %	0,11 %	74,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	83,33 %	1,75 %	1,87 %	73,32 %
Current Ratio	2,96	6,25	6,53	3,77
Quick Ratio	2,96	6,25	6,53	3,77
Equity Ratio	0,79	0,85	0,86	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %