TEK18 AS

4008 STAVANGER

Finances

Return on Equity

16,23 %

Current Ratio

58,38

Debt-to-Equity Ratio

−8,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−235 000	−440 000	−153 000	−652 000
Total Assets	10 419 000	9 522 000	9 118 000	8 749 000
Total Equity	−1 448 000	−1 215 000	−775 000	−622 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	658 000	312 000	197 000	504 000
Operating Profit	−658 000	−312 000	−197 000	−504 000
Financial Income	423 000	72 000	47 000	20 000
Financial Costs	0	200 000	3 000	168 000
Financial Balance	423 000	−128 000	44 000	−148 000
Earnings Before Tax	−235 000	−440 000	−153 000	−652 000
Tax	0	0	0	0
Net Income	−235 000	−440 000	−153 000	−652 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 952 000	9 513 000	9 113 000	8 748 000
Total Current Assets	467 000	8 000	5 000	1 000
Total Assets	10 419 000	9 522 000	9 118 000	8 749 000
Total Retained Equity	−1 478 000	−1 245 000	−805 000	−652 000
Total Equity	−1 448 000	−1 215 000	−775 000	−622 000
Total Long-Term Debt	11 859 000	10 734 000	9 891 000	9 369 000
Total Current Debt	8 000	2 000	2 000	2 000
Total Equity and Debt	10 419 000	9 522 000	9 118 000	8 749 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	658 000	312 000	197 000	504 000
Operating Profit	−658 000	−312 000	−197 000	−504 000
Financial Income	423 000	72 000	47 000	20 000
Financial Costs	0	200 000	3 000	168 000
Financial Balance	423 000	−128 000	44 000	−148 000
Dividends	0	0	0	0
Net Income	−235 000	−440 000	−153 000	−652 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	9 952 000	9 513 000	9 113 000	8 748 000
Total Fixed Assets	9 952 000	9 513 000	9 113 000	8 748 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	8 000	5 000	1 000
Total Current Assets	467 000	8 000	5 000	1 000
Total Assets	10 419 000	9 522 000	9 118 000	8 749 000
Total Equity	−1 448 000	−1 215 000	−775 000	−622 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 859 000	10 734 000	9 891 000	9 369 000
Creditors	8 000	2 000	2 000	2 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	8 000	2 000	2 000	2 000
Total Equity and Debt	10 419 000	9 522 000	9 118 000	8 749 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,23 %	36,21 %	19,74 %	104,82 %
Debt-to-Equity Ratio	−8,19	−8,83	−12,76	−15,06
Operating Profit Margin	-	-	-	-
Current Ratio	58,38	4	2,5	0,5
Quick Ratio	58,38	4	2,5	0,5
Equity Ratio	−0,14	−0,13	−0,08	−0,07
Gross Profit Margin	-	-	-	-