TECH1 AS

7603 LEVANGER

Finances

Return on Equity

−116,05 %

Current Ratio

1,12

Debt-to-Equity Ratio

−9,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	91 234 000	81 077 000	92 314 000	93 164 000
Net Income	2 813 000	−13 159 000	−6 678 000	−590 000
Total Assets	54 530 000	55 771 000	65 528 000	68 182 000
Total Equity	−2 424 000	−7 101 000	6 503 000	12 896 000

Income (NOK)	2022	2021	2020	2019
Revenue	91 234 000	81 077 000	92 314 000	93 164 000
Expenditure	86 178 000	101 217 000	97 096 000	92 394 000
Operating Profit	5 057 000	−20 139 000	−4 782 000	771 000
Financial Income	271 000	9 330 000	396 000	186 000
Financial Costs	2 955 000	1 253 000	1 451 000	1 889 000
Financial Balance	−2 684 000	8 077 000	−1 055 000	−1 703 000
Earnings Before Tax	2 373 000	−12 062 000	−5 836 000	−932 000
Tax	−439 000	1 097 000	842 000	−342 000
Net Income	2 813 000	−13 159 000	−6 678 000	−590 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 643 000	22 537 000	24 849 000	27 592 000
Total Current Assets	36 887 000	33 234 000	40 679 000	40 590 000
Total Assets	54 530 000	55 771 000	65 528 000	68 182 000
Total Retained Equity	−1 929 000	−7 205 000	6 399 000	8 377 000
Total Equity	−2 424 000	−7 101 000	6 503 000	12 896 000
Total Long-Term Debt	23 976 000	27 228 000	34 565 000	28 400 000
Total Current Debt	32 978 000	35 643 000	24 460 000	26 886 000
Total Equity and Debt	54 530 000	55 771 000	65 528 000	68 182 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	91 221 000	81 077 000	86 217 000	93 164 000
Other Income	13 000	0	6 097 000	0
Revenue	91 234 000	81 077 000	92 314 000	93 164 000
Cost of Goods Sold	18 141 000	20 365 000	20 396 000	19 792 000
Salary Costs	45 945 000	43 438 000	53 944 000	55 557 000
Depreciation	2 153 000	2 017 000	5 229 000	1 355 000
Impairment	0	0	−2 973 000	0
Expenditure	86 178 000	101 217 000	97 096 000	92 394 000
Operating Profit	5 057 000	−20 139 000	−4 782 000	771 000
Financial Income	271 000	9 330 000	396 000	186 000
Financial Costs	2 955 000	1 253 000	1 451 000	1 889 000
Financial Balance	−2 684 000	8 077 000	−1 055 000	−1 703 000
Dividends	0	0	0	0
Net Income	2 813 000	−13 159 000	−6 678 000	−590 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	−6 937 000	−9 910 000
Total Intangible Assets	1 950 000	0	−2 213 000	−1 903 000
Real Eastate	517 000	656 000	1 614 000	2 328 000
Machinery and Plant Facilities	10 631 000	8 428 000	23 261 000	26 402 000
Fixtures	2 145 000	1 679 000	2 096 000	675 000
Total Tangible Assets	13 292 000	10 764 000	26 972 000	29 405 000
Total Fiancial Fixed Assets	2 400 000	11 773 000	90 000	90 000
Total Fixed Assets	17 643 000	22 537 000	24 849 000	27 592 000
Stock	11 369 000	8 873 000	11 721 000	13 393 000
Total Investments	0	0	0	0
Cash, Bank	7 764 000	4 682 000	6 906 000	3 138 000
Total Current Assets	36 887 000	33 234 000	40 679 000	40 590 000
Total Assets	54 530 000	55 771 000	65 528 000	68 182 000
Total Equity	−2 424 000	−7 101 000	6 503 000	12 896 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 976 000	27 228 000	34 565 000	28 400 000
Creditors	6 794 000	3 684 000	4 406 000	8 436 000
Unpaid Taxes	2 610 000	3 057 000	4 206 000	7 472 000
Dividends	0	0	0	0
Other Current Debt	12 193 000	19 104 000	13 485 000	10 732 000
Total Current Debt	32 978 000	35 643 000	24 460 000	26 886 000
Total Equity and Debt	54 530 000	55 771 000	65 528 000	68 182 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−116,05 %	185,31 %	−102,69 %	−4,58 %
Debt-to-Equity Ratio	−9,89	−3,83	5,32	2,2
Operating Profit Margin	5,54 %	−24,84 %	−5,18 %	0,83 %
Current Ratio	1,12	0,93	1,66	1,51
Quick Ratio	1,71	1,24	3,19	3,01
Equity Ratio	−0,04	−0,13	0,1	0,19
Gross Profit Margin	80,12 %	74,88 %	77,91 %	78,76 %