JOHN MORGAN TELEMARK AS

3921 PORSGRUNN

Finances

Share Ownership

Return on Equity

23,25 %

Current Ratio

7,84

Debt-to-Equity Ratio

1,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	175 000	228 000	145 000	204 000
Net Income	53 000	139 000	−2 000	−100 000
Total Assets	685 000	625 000	525 000	323 000
Total Equity	228 000	176 000	36 000	4 000

Income (NOK)	2022	2021	2020	2019
Revenue	175 000	228 000	145 000	204 000
Expenditure	105 000	44 000	163 000	289 000
Operating Profit	71 000	184 000	−18 000	−85 000
Financial Income	0	0	5 000	0
Financial Costs	3 000	5 000	17 000	15 000
Financial Balance	−3 000	−5 000	−12 000	−15 000
Earnings Before Tax	68 000	179 000	−30 000	−100 000
Tax	15 000	40 000	−29 000	0
Net Income	53 000	139 000	−2 000	−100 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 000	50 000	86 000	76 000
Total Current Assets	651 000	575 000	438 000	247 000
Total Assets	685 000	625 000	525 000	323 000
Total Retained Equity	198 000	146 000	6 000	−26 000
Total Equity	228 000	176 000	36 000	4 000
Total Long-Term Debt	374 000	381 000	406 000	82 000
Total Current Debt	83 000	68 000	82 000	237 000
Total Equity and Debt	685 000	625 000	525 000	323 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	175 000	228 000	134 000	204 000
Other Income	0	0	11 000	0
Revenue	175 000	228 000	145 000	204 000
Cost of Goods Sold	9 000	−127 000	52 000	151 000
Salary Costs	0	0	0	0
Depreciation	18 000	18 000	18 000	13 000
Impairment	0	0	0	0
Expenditure	105 000	44 000	163 000	289 000
Operating Profit	71 000	184 000	−18 000	−85 000
Financial Income	0	0	5 000	0
Financial Costs	3 000	5 000	17 000	15 000
Financial Balance	−3 000	−5 000	−12 000	−15 000
Dividends	0	0	0	0
Net Income	53 000	139 000	−2 000	−100 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	0	29 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	22 000	40 000	58 000	76 000
Total Tangible Assets	22 000	40 000	58 000	76 000
Total Fiancial Fixed Assets	10 000	10 000	0	0
Total Fixed Assets	34 000	50 000	86 000	76 000
Stock	539 000	539 000	391 000	181 000
Total Investments	0	0	0	0
Cash, Bank	93 000	13 000	22 000	49 000
Total Current Assets	651 000	575 000	438 000	247 000
Total Assets	685 000	625 000	525 000	323 000
Total Equity	228 000	176 000	36 000	4 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	374 000	381 000	406 000	82 000
Creditors	9 000	14 000	57 000	3 000
Unpaid Taxes	14 000	1 000	−13 000	0
Dividends	0	0	0	0
Other Current Debt	43 000	43 000	39 000	234 000
Total Current Debt	83 000	68 000	82 000	237 000
Total Equity and Debt	685 000	625 000	525 000	323 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,25 %	78,98 %	−5,56 %	−2 500 %
Debt-to-Equity Ratio	1,64	2,16	11,28	20,5
Operating Profit Margin	40,57 %	80,7 %	−12,41 %	−41,67 %
Current Ratio	7,84	8,46	5,34	1,04
Quick Ratio	−1,43	−1,22	−1,42	4,41
Equity Ratio	0,33	0,28	0,07	0,01
Gross Profit Margin	94,86 %	155,7 %	64,14 %	25,98 %