TECE NORGE AS

1405 LANGHUS

Finances

Share Ownership

Return on Equity

13,33 %

Current Ratio

2,04

Debt-to-Equity Ratio

0,35

Key figures (NOK)	2022	2021	2020	2019
Revenue	330 077 000	299 305 000	263 605 000	224 737 000
Net Income	9 633 000	17 469 000	675 000	888 000
Total Assets	171 089 000	144 524 000	119 029 000	113 505 000
Total Equity	72 260 000	62 473 000	53 319 000	44 778 000

Income (NOK)	2022	2021	2020	2019
Revenue	330 077 000	299 305 000	263 605 000	224 737 000
Expenditure	317 247 000	276 521 000	262 101 000	221 818 000
Operating Profit	12 830 000	22 784 000	1 504 000	2 919 000
Financial Income	3 335 000	6 311 000	8 806 000	2 076 000
Financial Costs	4 226 000	6 538 000	8 358 000	2 388 000
Financial Balance	−891 000	−227 000	448 000	−312 000
Earnings Before Tax	11 939 000	22 558 000	1 952 000	2 607 000
Tax	2 306 000	5 089 000	1 276 000	1 720 000
Net Income	9 633 000	17 469 000	675 000	888 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 501 000	12 813 000	12 460 000	12 322 000
Total Current Assets	150 588 000	131 711 000	106 570 000	101 183 000
Total Assets	171 089 000	144 524 000	119 029 000	113 505 000
Total Retained Equity	58 453 000	48 666 000	39 512 000	30 971 000
Total Equity	72 260 000	62 473 000	53 319 000	44 778 000
Total Long-Term Debt	25 152 000	25 997 000	0	0
Total Current Debt	73 677 000	56 053 000	65 711 000	68 728 000
Total Equity and Debt	171 089 000	144 524 000	119 029 000	113 505 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	329 777 000	298 937 000	263 126 000	224 286 000
Other Income	300 000	369 000	478 000	451 000
Revenue	330 077 000	299 305 000	263 605 000	224 737 000
Cost of Goods Sold	187 241 000	164 280 000	154 956 000	127 694 000
Salary Costs	50 222 000	41 990 000	38 465 000	35 188 000
Depreciation	4 135 000	3 900 000	4 104 000	3 734 000
Impairment	0	0	0	0
Expenditure	317 247 000	276 521 000	262 101 000	221 818 000
Operating Profit	12 830 000	22 784 000	1 504 000	2 919 000
Financial Income	3 335 000	6 311 000	8 806 000	2 076 000
Financial Costs	4 226 000	6 538 000	8 358 000	2 388 000
Financial Balance	−891 000	−227 000	448 000	−312 000
Dividends	0	0	0	0
Net Income	9 633 000	17 469 000	675 000	888 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 986 000	1 083 000	1 097 000	1 324 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	11 326 000	0
Fixtures	17 479 000	11 694 000	0	10 962 000
Total Tangible Assets	17 479 000	11 694 000	11 326 000	10 962 000
Total Fiancial Fixed Assets	36 000	36 000	36 000	36 000
Total Fixed Assets	20 501 000	12 813 000	12 460 000	12 322 000
Stock	68 422 000	54 879 000	52 447 000	46 365 000
Total Investments	0	0	0	0
Cash, Bank	48 769 000	44 552 000	22 216 000	26 852 000
Total Current Assets	150 588 000	131 711 000	106 570 000	101 183 000
Total Assets	171 089 000	144 524 000	119 029 000	113 505 000
Total Equity	72 260 000	62 473 000	53 319 000	44 778 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 152 000	25 997 000	0	0
Creditors	40 993 000	31 038 000	46 894 000	54 335 000
Unpaid Taxes	9 129 000	8 722 000	7 677 000	5 537 000
Dividends	0	0	0	0
Other Current Debt	19 860 000	11 177 000	10 127 000	6 789 000
Total Current Debt	73 677 000	56 053 000	65 711 000	68 728 000
Total Equity and Debt	171 089 000	144 524 000	119 029 000	113 505 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,33 %	27,96 %	1,27 %	1,98 %
Debt-to-Equity Ratio	0,35	0,42	0	0
Operating Profit Margin	3,89 %	7,61 %	0,57 %	1,3 %
Current Ratio	2,04	2,35	1,62	1,47
Quick Ratio	28,66	112,19	8,03	4,52
Equity Ratio	0,42	0,43	0,45	0,39
Gross Profit Margin	43,27 %	45,11 %	41,22 %	43,18 %