Financial statements Telemark
Revenue and profit of TELEMARK
|
Year
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
|---|---|---|---|---|---|---|
| Net sales | 9 960 301,37 | 1 590 246,07 | 10 657 321,63 | 83 596 538,17 | 153 468 432,49 | 41 560 113,95 |
| Operating activity costs | 11 880 527,98 | 2 403 272,84 | 10 940 908,88 | 83 181 371,92 | 151 634 839,90 | 41 401 234,89 |
| Sales profit | -1 920 226,61 | -813 026,77 | -283 587,25 | 415 166,25 | 1 833 592,59 | 158 879,06 |
| Other operating income | 1 656 395,74 | 806 805,74 | 727 536,86 | 698 306,91 | 1 263 781,90 | 15 697 676,66 |
| Other operating expenses | 25 368,08 | 44 069,32 | 847,58 | 140 245,09 | 228 683,26 | 13 358 647,65 |
| Operating profit (loss) | -289 198,95 | -50 290,35 | 443 102,03 | 973 228,07 | 2 868 691,23 | 2 497 908,07 |
| Gross profit (loss) | -304 107,18 | -63 531,74 | 438 799,03 | 971 478,04 | 2 853 883,15 | 2 471 756,18 |
| Net profit (loss) | -304 107,18 | -63 531,74 | 399 967,03 | 816 165,04 | 2 505 996,36 | 1 486 005,63 |
Financial data is automatically retrieved from the EKRS webpage of the Ministry of Justice.
- Sales Revenue - Revenue obtained from the sale of goods, products, or services during a given reporting period.li>
- Cost of Goods Sold - Costs directly related to the production or purchase of the products, goods, or services sold.
- Gross Profit from Sales - The difference between sales revenue and the cost of goods sold.
- Income Tax - The amount of income tax payable on gross profit in accordance with tax regulations.
- Net Profit - The profit after deducting all costs, including income tax.
- Amortization - Amortization is an accounting method used to gradually reduce the book value of a loan or intangible asset over a specific time frame. For loans, it involves distributing payments across the repayment period. When applied to assets, amortization functions similarly to depreciation.
- Employee Costs - Costs related to salaries, social benefits, and other employment-related expenses.
- Selling Costs - Costs related to sales activities, including expenses for advertising, marketing, transportation, etc.
- General Administrative Costs - Costs related to maintaining the company's operational activities, including administrative expenses.
- Operating Profit (EBIT) - Profit before deducting interest and taxes, calculated as the difference between revenue and operating costs.
- Financial Income - Income earned from financial activities, such as interest, dividends, and gains from securities.
- Financial Costs - Costs related to financial activities, such as interest on loans and losses from trading securities.
- Gross Profit - Profit before taxation, taking into account the company's operating and financial activities.
- Other Operating Income - Income related to operating activities that do not directly result from sales, such as the sale of assets.
- Other Operating Costs - Costs related to operating activities that are not directly tied to the core business, such as losses from the sale of assets.
- Interest Income - Income earned from interest on bank deposits, bonds, or other financial instruments.
- Interest Costs - Costs incurred from interest on loans, borrowings, or bonds.
- Earnings Per Share (EPS) -
- - Profit attributable to one common share, calculated as net profit divided by the number of shares.
- Profit Before Tax - Profit earned after accounting for all operating and financial costs, but before tax deduction.
- Gain on Sale of Assets - Profit earned from the sale of fixed assets or other components of the company's property.
- External Services Costs - Costs related to services provided by external entities, such as transportation, repair, or consulting services.
- Compensation and Penalty Costs - Costs incurred for the payment of compensation, contractual penalties, or other liabilities arising from court or administrative decisions.
- Grants and Subsidies - Income earned from grants, subsidies, or other forms of financial support received from the government or other institutions.
- Research and Development (R&D) Costs - Costs incurred for research and development activities aimed at innovation and improving products or services.
- Bank Fees and Commissions - Costs incurred for bank services, including account management, financial transaction processing, and other banking services.
- License Income - Income earned from granting licenses for the use of intellectual property rights, such as patents or trademarks.
- Promotion and Advertising Costs - Costs related to marketing activities, promotion, and advertising of products or services.