TEKNISK AS

4033 STAVANGER

Finances

Return on Equity

−1 111,24 %

Current Ratio

1,45

Debt-to-Equity Ratio

6,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	184 654 000	385 731 000	478 702 000	596 941 000
Net Income	−60 785 000	−81 448 000	−23 146 000	−51 073 000
Total Assets	90 052 000	245 510 000	372 332 000	401 043 000
Total Equity	5 470 000	46 754 000	43 202 000	66 347 000

Income (NOK)	2022	2021	2020	2019
Revenue	184 654 000	385 731 000	478 702 000	596 941 000
Expenditure	223 183 000	455 929 000	498 777 000	632 080 000
Operating Profit	−38 529 000	−70 197 000	−20 074 000	−35 139 000
Financial Income	1 232 000	857 000	1 159 000	603 000
Financial Costs	5 653 000	12 108 000	14 375 000	16 538 000
Financial Balance	−4 421 000	−11 251 000	−13 216 000	−15 935 000
Earnings Before Tax	−42 950 000	−81 448 000	−33 290 000	−51 073 000
Tax	17 835 000	0	−10 144 000	0
Net Income	−60 785 000	−81 448 000	−23 146 000	−51 073 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 225 000	109 798 000	185 631 000	204 619 000
Total Current Assets	69 827 000	135 711 000	186 701 000	196 423 000
Total Assets	90 052 000	245 510 000	372 332 000	401 043 000
Total Retained Equity	0	−38 681 000	0	0
Total Equity	5 470 000	46 754 000	43 202 000	66 347 000
Total Long-Term Debt	36 276 000	38 227 000	78 696 000	62 851 000
Total Current Debt	48 307 000	160 529 000	250 435 000	271 844 000
Total Equity and Debt	90 052 000	245 510 000	372 332 000	401 043 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	184 187 000	384 291 000	478 313 000	596 941 000
Other Income	467 000	1 440 000	389 000	0
Revenue	184 654 000	385 731 000	478 702 000	596 941 000
Cost of Goods Sold	73 717 000	137 024 000	192 358 000	271 312 000
Salary Costs	87 540 000	220 980 000	239 326 000	295 816 000
Depreciation	4 200 000	12 684 000	16 114 000	17 150 000
Impairment	31 403 000	19 412 000	0	0
Expenditure	223 183 000	455 929 000	498 777 000	632 080 000
Operating Profit	−38 529 000	−70 197 000	−20 074 000	−35 139 000
Financial Income	1 232 000	857 000	1 159 000	603 000
Financial Costs	5 653 000	12 108 000	14 375 000	16 538 000
Financial Balance	−4 421 000	−11 251 000	−13 216 000	−15 935 000
Dividends	0	0	0	0
Net Income	−60 785 000	−81 448 000	−23 146 000	−51 073 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	12 952 000	70 744 000	130 819 000	130 819 000
Total Intangible Assets	17 550 000	97 484 000	157 602 000	150 297 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	74 000	881 000	1 120 000	1 193 000
Fixtures	2 500 000	8 334 000	26 809 000	53 030 000
Total Tangible Assets	2 574 000	9 214 000	27 930 000	54 223 000
Total Fiancial Fixed Assets	100 000	3 100 000	100 000	100 000
Total Fixed Assets	20 225 000	109 798 000	185 631 000	204 619 000
Stock	694 000	4 709 000	8 343 000	12 462 000
Total Investments	0	0	0	0
Cash, Bank	8 767 000	9 728 000	9 567 000	10 108 000
Total Current Assets	69 827 000	135 711 000	186 701 000	196 423 000
Total Assets	90 052 000	245 510 000	372 332 000	401 043 000
Total Equity	5 470 000	46 754 000	43 202 000	66 347 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	36 276 000	38 227 000	78 696 000	62 851 000
Creditors	9 654 000	27 644 000	62 327 000	91 259 000
Unpaid Taxes	5 065 000	38 090 000	54 881 000	29 731 000
Dividends	0	0	0	0
Other Current Debt	26 636 000	77 309 000	77 631 000	124 258 000
Total Current Debt	48 307 000	160 529 000	250 435 000	271 844 000
Total Equity and Debt	90 052 000	245 510 000	372 332 000	401 043 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1 111,24 %	−174,21 %	−53,58 %	−76,98 %
Debt-to-Equity Ratio	6,63	0,82	1,82	0,95
Operating Profit Margin	−20,87 %	−18,2 %	−4,19 %	−5,89 %
Current Ratio	1,45	0,85	0,75	0,72
Quick Ratio	1,47	0,87	0,77	0,76
Equity Ratio	0,06	0,19	0,12	0,17
Gross Profit Margin	60,08 %	64,48 %	59,82 %	54,55 %