TECH VENTURE AS

3750 DRANGEDAL

Finances

Return on Equity

350 %

Current Ratio

266,5

Debt-to-Equity Ratio

25,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 000	90 000	0	0
Net Income	385 000	43 000	−24 000	−25 000
Total Assets	2 956 000	2 736 000	722 000	536 000
Total Equity	110 000	−275 000	−318 000	−294 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 000	90 000	0	0
Expenditure	44 000	39 000	24 000	25 000
Operating Profit	−14 000	51 000	−24 000	−25 000
Financial Income	400 000	0	0	0
Financial Costs	0	8 000	0	0
Financial Balance	400 000	−8 000	0	0
Earnings Before Tax	385 000	43 000	−24 000	−25 000
Tax	0	0	0	0
Net Income	385 000	43 000	−24 000	−25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 423 000	2 393 000	693 000	533 000
Total Current Assets	533 000	343 000	29 000	3 000
Total Assets	2 956 000	2 736 000	722 000	536 000
Total Retained Equity	10 000	−375 000	−418 000	−394 000
Total Equity	110 000	−275 000	−318 000	−294 000
Total Long-Term Debt	2 843 000	3 003 000	1 035 000	825 000
Total Current Debt	2 000	8 000	5 000	5 000
Total Equity and Debt	2 956 000	2 736 000	722 000	536 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 000	90 000	0	0
Other Income	0	0	0	0
Revenue	30 000	90 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	44 000	39 000	24 000	25 000
Operating Profit	−14 000	51 000	−24 000	−25 000
Financial Income	400 000	0	0	0
Financial Costs	0	8 000	0	0
Financial Balance	400 000	−8 000	0	0
Dividends	0	0	0	0
Net Income	385 000	43 000	−24 000	−25 000

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	2 423 000	2 393 000	693 000	533 000
Total Fixed Assets	2 423 000	2 393 000	693 000	533 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	532 000	342 000	29 000	3 000
Total Current Assets	533 000	343 000	29 000	3 000
Total Assets	2 956 000	2 736 000	722 000	536 000
Total Equity	110 000	−275 000	−318 000	−294 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 843 000	3 003 000	1 035 000	825 000
Creditors	2 000	0	5 000	5 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	8 000	0	0
Total Current Debt	2 000	8 000	5 000	5 000
Total Equity and Debt	2 956 000	2 736 000	722 000	536 000

Financial indicators	2022	2021	2020	2019
Return on Equity	350 %	−15,64 %	7,55 %	8,5 %
Debt-to-Equity Ratio	25,85	−10,92	−3,25	−2,81
Operating Profit Margin	−46,67 %	56,67 %	-	-
Current Ratio	266,5	42,88	5,8	0,6
Quick Ratio	266,5	42,88	5,8	0,6
Equity Ratio	0,04	−0,1	−0,44	−0,55
Gross Profit Margin	100 %	100 %	-	-