TECHPROVIDER AS

1466 STRØMMEN

Finances

Return on Equity

75,2 %

Current Ratio

2,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	220 000	198 000	184 000	352 000
Net Income	94 000	87 000	−21 000	−133 000
Total Assets	186 000	124 000	50 000	38 000
Total Equity	125 000	97 000	10 000	31 000

Income (NOK)	2022	2021	2020	2019
Revenue	220 000	198 000	184 000	352 000
Expenditure	100 000	91 000	207 000	470 000
Operating Profit	120 000	107 000	−23 000	−118 000
Financial Income	3 000	5 000	6 000	0
Financial Costs	3 000	4 000	4 000	16 000
Financial Balance	0	1 000	2 000	−16 000
Earnings Before Tax	121 000	108 000	−21 000	−134 000
Tax	27 000	21 000	0	−1 000
Net Income	94 000	87 000	−21 000	−133 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	6 000	0	0
Total Current Assets	180 000	118 000	50 000	38 000
Total Assets	186 000	124 000	50 000	38 000
Total Retained Equity	95 000	67 000	−20 000	1 000
Total Equity	125 000	97 000	10 000	31 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	61 000	27 000	41 000	7 000
Total Equity and Debt	186 000	124 000	50 000	38 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	220 000	198 000	184 000	352 000
Other Income	0	0	0	0
Revenue	220 000	198 000	184 000	352 000
Cost of Goods Sold	67 000	0	12 000	5 000
Salary Costs	0	0	20 000	58 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	100 000	91 000	207 000	470 000
Operating Profit	120 000	107 000	−23 000	−118 000
Financial Income	3 000	5 000	6 000	0
Financial Costs	3 000	4 000	4 000	16 000
Financial Balance	0	1 000	2 000	−16 000
Dividends	0	0	0	0
Net Income	94 000	87 000	−21 000	−133 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	6 000	6 000	0	0
Total Fixed Assets	6 000	6 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	148 000	40 000	16 000	3 000
Total Current Assets	180 000	118 000	50 000	38 000
Total Assets	186 000	124 000	50 000	38 000
Total Equity	125 000	97 000	10 000	31 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	0	37 000	0
Unpaid Taxes	29 000	5 000	2 000	7 000
Dividends	0	0	0	0
Other Current Debt	2 000	2 000	2 000	0
Total Current Debt	61 000	27 000	41 000	7 000
Total Equity and Debt	186 000	124 000	50 000	38 000

Financial indicators	2022	2021	2020	2019
Return on Equity	75,2 %	89,69 %	−210 %	−429,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	54,55 %	54,04 %	−12,5 %	−33,52 %
Current Ratio	2,95	4,37	1,22	5,43
Quick Ratio	2,95	4,37	1,22	5,43
Equity Ratio	0,67	0,78	0,2	0,82
Gross Profit Margin	69,55 %	100 %	93,48 %	98,58 %