TEXCON AS

0278 OSLO

Finances

Return on Equity

10,24 %

Current Ratio

1,45

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 024 812 000	794 669 000	641 533 000	681 865 000
Net Income	3 831 000	1 256 000	1 391 000	−1 284 000
Total Assets	121 136 000	104 527 000	83 335 000	86 497 000
Total Equity	37 422 000	30 431 000	28 899 000	27 593 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 024 812 000	794 669 000	641 533 000	681 865 000
Expenditure	1 020 254 000	794 008 000	639 628 000	684 766 000
Operating Profit	4 559 000	661 000	1 904 000	−2 901 000
Financial Income	1 419 000	1 219 000	1 274 000	1 931 000
Financial Costs	1 038 000	259 000	1 182 000	665 000
Financial Balance	381 000	960 000	92 000	1 266 000
Earnings Before Tax	4 941 000	1 621 000	1 996 000	−1 636 000
Tax	1 110 000	366 000	605 000	−352 000
Net Income	3 831 000	1 256 000	1 391 000	−1 284 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 491 000	3 622 000	5 513 000	5 301 000
Total Current Assets	117 645 000	100 905 000	77 822 000	81 196 000
Total Assets	121 136 000	104 527 000	83 335 000	86 497 000
Total Retained Equity	32 093 000	23 630 000	23 587 000	22 281 000
Total Equity	37 422 000	30 431 000	28 899 000	27 593 000
Total Long-Term Debt	2 669 000	1 267 000	774 000	863 000
Total Current Debt	81 045 000	72 829 000	53 662 000	58 041 000
Total Equity and Debt	121 136 000	104 527 000	83 335 000	86 497 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 023 142 000	793 147 000	639 987 000	680 206 000
Other Income	1 670 000	1 521 000	1 545 000	1 659 000
Revenue	1 024 812 000	794 669 000	641 533 000	681 865 000
Cost of Goods Sold	1 001 594 000	776 612 000	624 307 000	664 911 000
Salary Costs	8 171 000	8 337 000	8 562 000	9 044 000
Depreciation	640 000	601 000	531 000	461 000
Impairment	0	2 000 000	0	2 000 000
Expenditure	1 020 254 000	794 008 000	639 628 000	684 766 000
Operating Profit	4 559 000	661 000	1 904 000	−2 901 000
Financial Income	1 419 000	1 219 000	1 274 000	1 931 000
Financial Costs	1 038 000	259 000	1 182 000	665 000
Financial Balance	381 000	960 000	92 000	1 266 000
Dividends	0	0	0	0
Net Income	3 831 000	1 256 000	1 391 000	−1 284 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 549 000	1 702 000	3 855 000	3 897 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 942 000	1 920 000	1 659 000	1 404 000
Total Tangible Assets	1 942 000	1 920 000	1 659 000	1 404 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 491 000	3 622 000	5 513 000	5 301 000
Stock	0	0	0	0
Total Investments	0	0	0	10 000 000
Cash, Bank	66 115 000	60 630 000	48 495 000	35 979 000
Total Current Assets	117 645 000	100 905 000	77 822 000	81 196 000
Total Assets	121 136 000	104 527 000	83 335 000	86 497 000
Total Equity	37 422 000	30 431 000	28 899 000	27 593 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 669 000	1 267 000	774 000	863 000
Creditors	52 885 000	49 494 000	35 004 000	38 682 000
Unpaid Taxes	4 729 000	5 242 000	4 001 000	4 823 000
Dividends	0	0	0	0
Other Current Debt	22 123 000	17 524 000	13 963 000	14 301 000
Total Current Debt	81 045 000	72 829 000	53 662 000	58 041 000
Total Equity and Debt	121 136 000	104 527 000	83 335 000	86 497 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,24 %	4,13 %	4,81 %	−4,65 %
Debt-to-Equity Ratio	0,07	0,04	0,03	0,03
Operating Profit Margin	0,44 %	0,08 %	0,3 %	−0,43 %
Current Ratio	1,45	1,39	1,45	1,4
Quick Ratio	1,45	1,39	1,45	1,4
Equity Ratio	0,31	0,29	0,35	0,32
Gross Profit Margin	2,27 %	2,27 %	2,69 %	2,49 %