TECHNET CONSULTING AS

3241 SANDEFJORD

Finances

Return on Equity

25,4 %

Current Ratio

1,22

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 550 000	8 590 000	8 687 000	10 319 000
Net Income	143 000	−720 000	264 000	1 103 000
Total Assets	3 000 000	2 224 000	2 882 000	2 378 000
Total Equity	563 000	420 000	440 000	176 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 550 000	8 590 000	8 687 000	10 319 000
Expenditure	9 392 000	9 302 000	8 409 000	9 197 000
Operating Profit	157 000	−712 000	278 000	1 121 000
Financial Income	0	0	0	1 000
Financial Costs	15 000	7 000	14 000	19 000
Financial Balance	−15 000	−7 000	−14 000	−18 000
Earnings Before Tax	143 000	−720 000	264 000	1 103 000
Tax	0	0	0	0
Net Income	143 000	−720 000	264 000	1 103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	26 000	808 000	210 000	77 000
Total Current Assets	2 973 000	1 416 000	2 671 000	2 301 000
Total Assets	3 000 000	2 224 000	2 882 000	2 378 000
Total Retained Equity	−296 000	−438 000	282 000	18 000
Total Equity	563 000	420 000	440 000	176 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 437 000	1 804 000	2 441 000	2 202 000
Total Equity and Debt	3 000 000	2 224 000	2 882 000	2 378 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 550 000	8 588 000	8 789 000	10 017 000
Other Income	0	1 000	−102 000	301 000
Revenue	9 550 000	8 590 000	8 687 000	10 319 000
Cost of Goods Sold	4 786 000	4 983 000	3 027 000	4 460 000
Salary Costs	2 822 000	2 819 000	4 319 000	3 708 000
Depreciation	82 000	102 000	67 000	30 000
Impairment	0	0	0	0
Expenditure	9 392 000	9 302 000	8 409 000	9 197 000
Operating Profit	157 000	−712 000	278 000	1 121 000
Financial Income	0	0	0	1 000
Financial Costs	15 000	7 000	14 000	19 000
Financial Balance	−15 000	−7 000	−14 000	−18 000
Dividends	0	0	0	0
Net Income	143 000	−720 000	264 000	1 103 000

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	26 000	108 000	210 000	77 000
Total Tangible Assets	26 000	108 000	210 000	77 000
Total Fiancial Fixed Assets	0	700 000	0	0
Total Fixed Assets	26 000	808 000	210 000	77 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	201 000	155 000	584 000	544 000
Total Current Assets	2 973 000	1 416 000	2 671 000	2 301 000
Total Assets	3 000 000	2 224 000	2 882 000	2 378 000
Total Equity	563 000	420 000	440 000	176 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 272 000	589 000	1 524 000	1 085 000
Unpaid Taxes	613 000	661 000	367 000	224 000
Dividends	0	0	0	0
Other Current Debt	551 000	554 000	550 000	893 000
Total Current Debt	2 437 000	1 804 000	2 441 000	2 202 000
Total Equity and Debt	3 000 000	2 224 000	2 882 000	2 378 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,4 %	−171,43 %	60 %	626,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,64 %	−8,29 %	3,2 %	10,86 %
Current Ratio	1,22	0,78	1,09	1,04
Quick Ratio	1,22	0,78	1,09	1,04
Equity Ratio	0,19	0,19	0,15	0,07
Gross Profit Margin	49,88 %	41,99 %	65,15 %	56,78 %