TECHBAY AS

1747 SKJEBERG

Finances

Share Ownership

Return on Equity

19,47 %

Current Ratio

19,52

Debt-to-Equity Ratio

5,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	814 000	1 293 000	1 482 000	1 486 000
Net Income	51 000	39 000	277 000	−705 000
Total Assets	1 752 000	1 874 000	1 958 000	1 859 000
Total Equity	262 000	210 000	171 000	−105 000

Income (NOK)	2022	2021	2020	2019
Revenue	814 000	1 293 000	1 482 000	1 486 000
Expenditure	739 000	1 250 000	1 151 000	2 169 000
Operating Profit	76 000	44 000	331 000	−683 000
Financial Income	12 000	12 000	7 000	12 000
Financial Costs	37 000	17 000	62 000	34 000
Financial Balance	−25 000	−5 000	−55 000	−22 000
Earnings Before Tax	51 000	39 000	277 000	−705 000
Tax	0	0	0	0
Net Income	51 000	39 000	277 000	−705 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	815 000	877 000	938 000	1 001 000
Total Current Assets	937 000	997 000	1 020 000	858 000
Total Assets	1 752 000	1 874 000	1 958 000	1 859 000
Total Retained Equity	160 000	108 000	69 000	−207 000
Total Equity	262 000	210 000	171 000	−105 000
Total Long-Term Debt	1 442 000	1 547 000	1 670 000	1 731 000
Total Current Debt	48 000	116 000	117 000	233 000
Total Equity and Debt	1 752 000	1 874 000	1 958 000	1 859 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	814 000	1 293 000	1 482 000	1 486 000
Other Income	0	0	0	0
Revenue	814 000	1 293 000	1 482 000	1 486 000
Cost of Goods Sold	457 000	791 000	790 000	975 000
Salary Costs	54 000	74 000	−70 000	721 000
Depreciation	62 000	62 000	63 000	67 000
Impairment	0	0	0	0
Expenditure	739 000	1 250 000	1 151 000	2 169 000
Operating Profit	76 000	44 000	331 000	−683 000
Financial Income	12 000	12 000	7 000	12 000
Financial Costs	37 000	17 000	62 000	34 000
Financial Balance	−25 000	−5 000	−55 000	−22 000
Dividends	0	0	0	0
Net Income	51 000	39 000	277 000	−705 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	815 000	877 000	938 000	1 000 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	1 000
Total Tangible Assets	815 000	877 000	938 000	1 001 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	815 000	877 000	938 000	1 001 000
Stock	599 000	611 000	500 000	484 000
Total Investments	0	0	0	0
Cash, Bank	286 000	328 000	451 000	267 000
Total Current Assets	937 000	997 000	1 020 000	858 000
Total Assets	1 752 000	1 874 000	1 958 000	1 859 000
Total Equity	262 000	210 000	171 000	−105 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 442 000	1 547 000	1 670 000	1 731 000
Creditors	6 000	15 000	52 000	98 000
Unpaid Taxes	32 000	24 000	59 000	60 000
Dividends	0	0	0	0
Other Current Debt	10 000	77 000	5 000	75 000
Total Current Debt	48 000	116 000	117 000	233 000
Total Equity and Debt	1 752 000	1 874 000	1 958 000	1 859 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,47 %	18,57 %	161,99 %	671,43 %
Debt-to-Equity Ratio	5,5	7,37	9,77	−16,49
Operating Profit Margin	9,34 %	3,4 %	22,33 %	−45,96 %
Current Ratio	19,52	8,59	8,72	3,68
Quick Ratio	−1,7	−2,01	−2,66	−3,42
Equity Ratio	0,15	0,11	0,09	−0,06
Gross Profit Margin	43,86 %	38,82 %	46,69 %	34,39 %