SPAREBANKSTIFTELSEN TELEMARK

3717 SKIEN

Finances

Return on Equity

7,61 %

Current Ratio

4,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	130 019 000	17 663 000	18 627 000	17 526 000
Net Income	91 785 000	52 374 000	46 664 000	42 368 000
Total Assets	1 324 469 000	1 255 850 000	832 360 000	802 650 000
Total Equity	1 205 614 000	1 144 721 000	734 931 000	708 022 000

Income (NOK)	2022	2021	2020	2019
Revenue	130 019 000	17 663 000	18 627 000	17 526 000
Expenditure	4 276 000	4 113 000	2 586 000	2 466 000
Operating Profit	125 743 000	13 550 000	16 040 000	15 059 000
Financial Income	4 238 000	38 891 000	31 057 000	27 347 000
Financial Costs	38 196 000	67 000	433 000	38 000
Financial Balance	−33 958 000	38 824 000	30 624 000	27 309 000
Earnings Before Tax	91 785 000	52 374 000	46 664 000	42 368 000
Tax	0	0	0	0
Net Income	91 785 000	52 374 000	46 664 000	42 368 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	750 293 000	750 293 000	369 183 000	369 183 000
Total Current Assets	574 176 000	505 558 000	463 177 000	433 467 000
Total Assets	1 324 469 000	1 255 850 000	832 360 000	802 650 000
Total Retained Equity	179 927 000	119 034 000	90 353 000	63 444 000
Total Equity	1 205 614 000	1 144 721 000	734 931 000	708 022 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	118 855 000	111 129 000	97 429 000	94 628 000
Total Equity and Debt	1 324 469 000	1 255 850 000	832 360 000	802 650 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	130 019 000	17 663 000	18 627 000	17 526 000
Revenue	130 019 000	17 663 000	18 627 000	17 526 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 975 000	1 879 000	1 567 000	1 333 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 276 000	4 113 000	2 586 000	2 466 000
Operating Profit	125 743 000	13 550 000	16 040 000	15 059 000
Financial Income	4 238 000	38 891 000	31 057 000	27 347 000
Financial Costs	38 196 000	67 000	433 000	38 000
Financial Balance	−33 958 000	38 824 000	30 624 000	27 309 000
Dividends	30 893 000	23 693 000	19 755 000	21 116 000
Net Income	91 785 000	52 374 000	46 664 000	42 368 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	465 000	465 000	465 000	465 000
Total Tangible Assets	465 000	465 000	465 000	465 000
Total Fiancial Fixed Assets	749 827 000	749 827 000	368 718 000	368 718 000
Total Fixed Assets	750 293 000	750 293 000	369 183 000	369 183 000
Stock	0	0	0	0
Total Investments	513 192 000	473 450 000	432 325 000	406 233 000
Cash, Bank	60 905 000	32 009 000	28 334 000	27 138 000
Total Current Assets	574 176 000	505 558 000	463 177 000	433 467 000
Total Assets	1 324 469 000	1 255 850 000	832 360 000	802 650 000
Total Equity	1 205 614 000	1 144 721 000	734 931 000	708 022 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	165 000	112 000	18 000	8 000
Unpaid Taxes	158 000	176 000	78 000	110 000
Dividends	30 893 000	23 693 000	19 755 000	21 116 000
Other Current Debt	14 614 000	6 923 000	4 359 000	3 819 000
Total Current Debt	118 855 000	111 129 000	97 429 000	94 628 000
Total Equity and Debt	1 324 469 000	1 255 850 000	832 360 000	802 650 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,61 %	4,58 %	6,35 %	5,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	96,71 %	76,71 %	86,11 %	85,92 %
Current Ratio	4,83	4,55	4,75	4,58
Quick Ratio	4,83	4,55	4,75	4,58
Equity Ratio	0,91	0,91	0,88	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %