TECNEC ELECTRONICS AS

7082 KATTEM

Finances

Return on Equity

−77,89 %

Current Ratio

0,98

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	919 000	1 203 000	871 000	321 000
Net Income	−148 000	−26 000	178 000	71 000
Total Assets	735 000	528 000	750 000	230 000
Total Equity	190 000	338 000	364 000	187 000

Income (NOK)	2021	2020	2019	2018
Revenue	919 000	1 203 000	871 000	321 000
Expenditure	1 045 000	1 227 000	641 000	228 000
Operating Profit	−126 000	−24 000	231 000	93 000
Financial Income	0	0	0	0
Financial Costs	22 000	6 000	3 000	0
Financial Balance	−22 000	−6 000	−3 000	0
Earnings Before Tax	−148 000	−30 000	228 000	92 000
Tax	0	−4 000	50 000	21 000
Net Income	−148 000	−26 000	178 000	71 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	202 000	164 000	0	0
Total Current Assets	533 000	363 000	750 000	230 000
Total Assets	735 000	528 000	750 000	230 000
Total Retained Equity	140 000	288 000	314 000	137 000
Total Equity	190 000	338 000	364 000	187 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	545 000	190 000	386 000	43 000
Total Equity and Debt	735 000	528 000	750 000	230 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	782 000	1 696 000	379 000	321 000
Other Income	137 000	−493 000	493 000	0
Revenue	919 000	1 203 000	871 000	321 000
Cost of Goods Sold	88 000	262 000	112 000	99 000
Salary Costs	510 000	533 000	161 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 045 000	1 227 000	641 000	228 000
Operating Profit	−126 000	−24 000	231 000	93 000
Financial Income	0	0	0	0
Financial Costs	22 000	6 000	3 000	0
Financial Balance	−22 000	−6 000	−3 000	0
Dividends	0	0	0	0
Net Income	−148 000	−26 000	178 000	71 000

Balance details (NOK)	2021	2020	2019	2018
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	202 000	164 000	0	0
Total Fixed Assets	202 000	164 000	0	0
Stock	0	0	0	0
Total Investments	242 000	242 000	8 000	8 000
Cash, Bank	51 000	15 000	26 000	10 000
Total Current Assets	533 000	363 000	750 000	230 000
Total Assets	735 000	528 000	750 000	230 000
Total Equity	190 000	338 000	364 000	187 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	33 000	0	107 000	0
Unpaid Taxes	137 000	115 000	16 000	22 000
Dividends	0	0	0	0
Other Current Debt	54 000	75 000	202 000	0
Total Current Debt	545 000	190 000	386 000	43 000
Total Equity and Debt	735 000	528 000	750 000	230 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−77,89 %	−7,69 %	48,9 %	37,97 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	−13,71 %	−2 %	26,52 %	28,97 %
Current Ratio	0,98	1,91	1,94	5,35
Quick Ratio	0,98	1,91	1,94	5,35
Equity Ratio	0,26	0,64	0,49	0,81
Gross Profit Margin	90,42 %	78,22 %	87,14 %	69,16 %