TEK AS

4886 GRIMSTAD

Finances

Return on Equity

−46,67 %

Current Ratio

0,22

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	153 000	70 000
Net Income	−14 000	0	79 000	12 000
Total Assets	1 557 000	1 275 000	105 000	1 386 000
Total Equity	30 000	44 000	45 000	−34 000

Income (NOK)	2022	2020	2019
Revenue	0	153 000	70 000
Expenditure	16 000	34 000	36 000
Operating Profit	−16 000	119 000	33 000
Financial Income	0	0	0
Financial Costs	2 000	19 000	36 000
Financial Balance	−2 000	−19 000	−36 000
Earnings Before Tax	−18 000	101 000	−3 000
Tax	−4 000	22 000	−15 000
Net Income	−14 000	79 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 215 000	1 215 000	15 000	1 298 000
Total Current Assets	342 000	60 000	90 000	88 000
Total Assets	1 557 000	1 275 000	105 000	1 386 000
Total Retained Equity	0	14 000	15 000	−64 000
Total Equity	30 000	44 000	45 000	−34 000
Total Long-Term Debt	3 000	7 000	7 000	0
Total Current Debt	1 524 000	1 224 000	54 000	1 420 000
Total Equity and Debt	1 557 000	1 275 000	105 000	1 386 000

Cash flow (NOK)	2022	2020	2019
Sales Income	0	40 000	70 000
Other Income	0	113 000	0
Revenue	0	153 000	70 000
Cost of Goods Sold	0	0	0
Salary Costs	15 000	0	−34 000
Depreciation	0	26 000	21 000
Impairment	0	0	0
Expenditure	16 000	34 000	36 000
Operating Profit	−16 000	119 000	33 000
Financial Income	0	0	0
Financial Costs	2 000	19 000	36 000
Financial Balance	−2 000	−19 000	−36 000
Dividends	0	0	0
Net Income	−14 000	79 000	12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	15 000
Real Eastate	0	0	0	1 283 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	1 283 000
Total Fiancial Fixed Assets	1 215 000	1 215 000	15 000	0
Total Fixed Assets	1 215 000	1 215 000	15 000	1 298 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	42 000	60 000	85 000	88 000
Total Current Assets	342 000	60 000	90 000	88 000
Total Assets	1 557 000	1 275 000	105 000	1 386 000
Total Equity	30 000	44 000	45 000	−34 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 000	7 000	7 000	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	18 000
Dividends	0	0	0	0
Other Current Debt	1 524 000	1 224 000	54 000	1 402 000
Total Current Debt	1 524 000	1 224 000	54 000	1 420 000
Total Equity and Debt	1 557 000	1 275 000	105 000	1 386 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−46,67 %	0 %	175,56 %	−35,29 %
Debt-to-Equity Ratio	0,1	0,16	0,16	−0
Operating Profit Margin	-	-	77,78 %	47,14 %
Current Ratio	0,22	0,05	1,67	0,06
Quick Ratio	0,22	0,05	1,67	0,06
Equity Ratio	0,02	0,03	0,43	−0,02
Gross Profit Margin	-	-	100 %	100 %