TEKNISK KURSSENTER AS

0557 OSLO

Finances

Share Ownership

Return on Equity

15,85 %

Current Ratio

0,6

Debt-to-Equity Ratio

−2,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	142 000	125 000	182 000	143 000
Net Income	−71 000	−49 000	−45 000	−59 000
Total Assets	555 000	592 000	654 000	690 000
Total Equity	−448 000	−377 000	−328 000	−283 000

Income (NOK)	2022	2021	2020	2019
Revenue	142 000	125 000	182 000	143 000
Expenditure	199 000	171 000	220 000	191 000
Operating Profit	−57 000	−46 000	−38 000	−47 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	16 000	5 000	9 000	14 000
Financial Balance	−14 000	−3 000	−7 000	−12 000
Earnings Before Tax	−71 000	−49 000	−45 000	−59 000
Tax	0	0	0	0
Net Income	−71 000	−49 000	−45 000	−59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	523 000	551 000	580 000	608 000
Total Current Assets	32 000	41 000	74 000	82 000
Total Assets	555 000	592 000	654 000	690 000
Total Retained Equity	−548 000	−477 000	−428 000	−383 000
Total Equity	−448 000	−377 000	−328 000	−283 000
Total Long-Term Debt	950 000	950 000	950 000	950 000
Total Current Debt	53 000	19 000	32 000	24 000
Total Equity and Debt	555 000	592 000	654 000	690 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 000	0	53 000	15 000
Other Income	128 000	125 000	129 000	128 000
Revenue	142 000	125 000	182 000	143 000
Cost of Goods Sold	1 000	0	13 000	2 000
Salary Costs	0	0	7 000	20 000
Depreciation	29 000	29 000	29 000	29 000
Impairment	0	0	0	0
Expenditure	199 000	171 000	220 000	191 000
Operating Profit	−57 000	−46 000	−38 000	−47 000
Financial Income	2 000	2 000	2 000	2 000
Financial Costs	16 000	5 000	9 000	14 000
Financial Balance	−14 000	−3 000	−7 000	−12 000
Dividends	0	0	0	0
Net Income	−71 000	−49 000	−45 000	−59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	523 000	551 000	580 000	608 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	523 000	551 000	580 000	608 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	523 000	551 000	580 000	608 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	32 000	41 000	74 000	82 000
Total Current Assets	32 000	41 000	74 000	82 000
Total Assets	555 000	592 000	654 000	690 000
Total Equity	−448 000	−377 000	−328 000	−283 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	950 000	950 000	950 000	950 000
Creditors	3 000	8 000	3 000	1 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	50 000	11 000	29 000	23 000
Total Current Debt	53 000	19 000	32 000	24 000
Total Equity and Debt	555 000	592 000	654 000	690 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,85 %	13 %	13,72 %	20,85 %
Debt-to-Equity Ratio	−2,12	−2,52	−2,9	−3,36
Operating Profit Margin	−40,14 %	−36,8 %	−20,88 %	−32,87 %
Current Ratio	0,6	2,16	2,31	3,42
Quick Ratio	0,6	2,16	2,31	3,42
Equity Ratio	−0,81	−0,64	−0,5	−0,41
Gross Profit Margin	99,3 %	100 %	92,86 %	98,6 %