TECH DIRECT AS

0773 OSLO

Finances

Return on Equity

−107,65 %

Current Ratio

0,73

Debt-to-Equity Ratio

1,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 533 000	40 286 000	27 768 000	25 197 000
Net Income	−2 069 000	713 000	1 514 000	510 000
Total Assets	7 736 000	12 523 000	14 222 000	11 744 000
Total Equity	1 922 000	3 991 000	3 278 000	1 764 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 533 000	40 286 000	27 768 000	25 197 000
Expenditure	27 252 000	38 055 000	25 275 000	24 098 000
Operating Profit	−1 720 000	2 231 000	2 493 000	1 099 000
Financial Income	0	0	0	1 000
Financial Costs	349 000	251 000	434 000	373 000
Financial Balance	−349 000	−251 000	−434 000	−372 000
Earnings Before Tax	−2 069 000	1 981 000	2 060 000	726 000
Tax	0	1 268 000	546 000	216 000
Net Income	−2 069 000	713 000	1 514 000	510 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 136 000	6 142 000	3 440 000	4 308 000
Total Current Assets	2 599 000	6 381 000	10 782 000	7 435 000
Total Assets	7 736 000	12 523 000	14 222 000	11 744 000
Total Retained Equity	−692 000	1 376 000	663 000	−851 000
Total Equity	1 922 000	3 991 000	3 278 000	1 764 000
Total Long-Term Debt	2 240 000	2 928 000	4 473 000	4 781 000
Total Current Debt	3 574 000	5 605 000	6 471 000	5 199 000
Total Equity and Debt	7 736 000	12 523 000	14 222 000	11 744 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	25 533 000	40 276 000	27 768 000	25 197 000
Other Income	0	10 000	0	0
Revenue	25 533 000	40 286 000	27 768 000	25 197 000
Cost of Goods Sold	9 792 000	21 482 000	18 008 000	17 730 000
Salary Costs	11 102 000	8 795 000	3 464 000	2 921 000
Depreciation	1 456 000	1 519 000	139 000	125 000
Impairment	0	0	0	0
Expenditure	27 252 000	38 055 000	25 275 000	24 098 000
Operating Profit	−1 720 000	2 231 000	2 493 000	1 099 000
Financial Income	0	0	0	1 000
Financial Costs	349 000	251 000	434 000	373 000
Financial Balance	−349 000	−251 000	−434 000	−372 000
Dividends	0	0	0	0
Net Income	−2 069 000	713 000	1 514 000	510 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	4 200 000	5 600 000	0	0
Total Intangible Assets	4 200 000	5 600 000	81 000	189 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	69 000	92 000	69 000	24 000
Total Tangible Assets	69 000	92 000	69 000	24 000
Total Fiancial Fixed Assets	867 000	450 000	3 290 000	4 096 000
Total Fixed Assets	5 136 000	6 142 000	3 440 000	4 308 000
Stock	268 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	676 000	4 847 000	370 000	242 000
Total Current Assets	2 599 000	6 381 000	10 782 000	7 435 000
Total Assets	7 736 000	12 523 000	14 222 000	11 744 000
Total Equity	1 922 000	3 991 000	3 278 000	1 764 000
Short-Term Group Debt	293 000	0	0	0
Total Long-Term Debt	2 240 000	2 928 000	4 473 000	4 781 000
Creditors	717 000	263 000	1 116 000	2 846 000
Unpaid Taxes	1 234 000	1 932 000	1 229 000	−324 000
Dividends	0	0	0	0
Other Current Debt	1 330 000	2 141 000	3 581 000	2 461 000
Total Current Debt	3 574 000	5 605 000	6 471 000	5 199 000
Total Equity and Debt	7 736 000	12 523 000	14 222 000	11 744 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−107,65 %	17,87 %	46,19 %	28,91 %
Debt-to-Equity Ratio	1,17	0,73	1,36	2,71
Operating Profit Margin	−6,74 %	5,54 %	8,98 %	4,36 %
Current Ratio	0,73	1,14	1,67	1,43
Quick Ratio	0,79	1,14	1,67	1,43
Equity Ratio	0,25	0,32	0,23	0,15
Gross Profit Margin	61,65 %	46,68 %	35,15 %	29,63 %