TECHSTEP FINANCE AS

0667 OSLO

Finances

Share Ownership

Return on Equity

32,39 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 915 000	21 390 000	16 563 000	10 200 000
Net Income	1 979 000	2 957 000	727 000	4 124 000
Total Assets	37 744 000	38 286 000	57 299 000	24 966 000
Total Equity	6 110 000	9 274 000	6 300 000	5 521 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 915 000	21 390 000	16 563 000	10 200 000
Expenditure	14 298 000	17 492 000	15 689 000	4 930 000
Operating Profit	3 617 000	3 899 000	874 000	5 270 000
Financial Income	0	0	1 000	7 000
Financial Costs	1 003 000	28 000	6 000	17 000
Financial Balance	−1 003 000	−28 000	−5 000	−10 000
Earnings Before Tax	2 614 000	3 871 000	869 000	5 260 000
Tax	635 000	914 000	142 000	1 136 000
Net Income	1 979 000	2 957 000	727 000	4 124 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 466 000	12 849 000	22 050 000	3 926 000
Total Current Assets	32 278 000	25 437 000	35 249 000	21 041 000
Total Assets	37 744 000	38 286 000	57 299 000	24 966 000
Total Retained Equity	5 110 000	8 274 000	5 300 000	4 521 000
Total Equity	6 110 000	9 274 000	6 300 000	5 521 000
Total Long-Term Debt	0	8 639 000	14 345 000	200 000
Total Current Debt	31 634 000	20 373 000	36 654 000	19 246 000
Total Equity and Debt	37 744 000	38 286 000	57 299 000	24 966 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 915 000	21 390 000	16 318 000	10 098 000
Other Income	0	0	244 000	102 000
Revenue	17 915 000	21 390 000	16 563 000	10 200 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 189 000	5 360 000	6 052 000	3 971 000
Depreciation	7 927 000	9 983 000	8 484 000	171 000
Impairment	0	0	0	0
Expenditure	14 298 000	17 492 000	15 689 000	4 930 000
Operating Profit	3 617 000	3 899 000	874 000	5 270 000
Financial Income	0	0	1 000	7 000
Financial Costs	1 003 000	28 000	6 000	17 000
Financial Balance	−1 003 000	−28 000	−5 000	−10 000
Dividends	0	0	0	0
Net Income	1 979 000	2 957 000	727 000	4 124 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 479 000	663 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	3 424 000
Fixtures	3 220 000	11 147 000	21 252 000	0
Total Tangible Assets	3 220 000	11 147 000	21 252 000	3 424 000
Total Fiancial Fixed Assets	766 000	1 038 000	798 000	501 000
Total Fixed Assets	5 466 000	12 849 000	22 050 000	3 926 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 621 000	11 354 000	265 000	9 141 000
Total Current Assets	32 278 000	25 437 000	35 249 000	21 041 000
Total Assets	37 744 000	38 286 000	57 299 000	24 966 000
Total Equity	6 110 000	9 274 000	6 300 000	5 521 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	8 639 000	14 345 000	200 000
Creditors	22 965 000	13 274 000	27 500 000	15 920 000
Unpaid Taxes	1 816 000	430 000	148 000	132 000
Dividends	0	0	0	0
Other Current Debt	6 853 000	4 857 000	8 899 000	2 258 000
Total Current Debt	31 634 000	20 373 000	36 654 000	19 246 000
Total Equity and Debt	37 744 000	38 286 000	57 299 000	24 966 000

Financial indicators	2022	2021	2020	2019
Return on Equity	32,39 %	31,88 %	11,54 %	74,7 %
Debt-to-Equity Ratio	0	0,93	2,28	0,04
Operating Profit Margin	20,19 %	18,23 %	5,28 %	51,67 %
Current Ratio	1,02	1,25	0,96	1,09
Quick Ratio	1,02	1,25	0,96	1,09
Equity Ratio	0,16	0,24	0,11	0,22
Gross Profit Margin	100 %	100 %	100 %	100 %