TECHAIR AS

5105 EIDSVÅG I ÅSANE

Finances

Share Ownership

Return on Equity

−9,43 %

Current Ratio

2,11

Debt-to-Equity Ratio

1,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	150 000	3 166 000	995 000	0
Net Income	−449 000	801 000	130 000	−1 040 000
Total Assets	13 331 000	9 039 000	5 305 000	3 329 000
Total Equity	4 760 000	5 210 000	3 591 000	1 700 000

Income (NOK)	2022	2021	2020	2019
Revenue	150 000	3 166 000	995 000	0
Expenditure	533 000	2 363 000	862 000	1 042 000
Operating Profit	−383 000	803 000	133 000	−1 042 000
Financial Income	1 000	0	4 000	3 000
Financial Costs	68 000	2 000	6 000	0
Financial Balance	−67 000	−2 000	−2 000	3 000
Earnings Before Tax	−449 000	801 000	130 000	−1 040 000
Tax	0	0	0	0
Net Income	−449 000	801 000	130 000	−1 040 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 328 000	6 723 000	3 964 000	2 488 000
Total Current Assets	2 003 000	2 317 000	1 340 000	841 000
Total Assets	13 331 000	9 039 000	5 305 000	3 329 000
Total Retained Equity	−1 534 000	−1 085 000	−2 001 000	−2 132 000
Total Equity	4 760 000	5 210 000	3 591 000	1 700 000
Total Long-Term Debt	7 621 000	1 699 000	1 420 000	1 051 000
Total Current Debt	949 000	2 131 000	293 000	578 000
Total Equity and Debt	13 331 000	9 039 000	5 305 000	3 329 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	150 000	2 670 000	995 000	0
Other Income	0	496 000	0	0
Revenue	150 000	3 166 000	995 000	0
Cost of Goods Sold	127 000	580 000	0	110 000
Salary Costs	113 000	433 000	20 000	65 000
Depreciation	110 000	278 000	111 000	105 000
Impairment	0	0	0	0
Expenditure	533 000	2 363 000	862 000	1 042 000
Operating Profit	−383 000	803 000	133 000	−1 042 000
Financial Income	1 000	0	4 000	3 000
Financial Costs	68 000	2 000	6 000	0
Financial Balance	−67 000	−2 000	−2 000	3 000
Dividends	0	0	0	0
Net Income	−449 000	801 000	130 000	−1 040 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 262 000	6 600 000	3 739 000	2 160 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	63 000	126 000	189 000
Fixtures	66 000	60 000	99 000	139 000
Total Tangible Assets	66 000	123 000	225 000	328 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	11 328 000	6 723 000	3 964 000	2 488 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	280 000	367 000	730 000	136 000
Total Current Assets	2 003 000	2 317 000	1 340 000	841 000
Total Assets	13 331 000	9 039 000	5 305 000	3 329 000
Total Equity	4 760 000	5 210 000	3 591 000	1 700 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 621 000	1 699 000	1 420 000	1 051 000
Creditors	826 000	1 768 000	55 000	330 000
Unpaid Taxes	59 000	233 000	68 000	90 000
Dividends	0	0	0	0
Other Current Debt	64 000	130 000	170 000	158 000
Total Current Debt	949 000	2 131 000	293 000	578 000
Total Equity and Debt	13 331 000	9 039 000	5 305 000	3 329 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,43 %	15,37 %	3,62 %	−61,18 %
Debt-to-Equity Ratio	1,6	0,33	0,4	0,62
Operating Profit Margin	−255,33 %	25,36 %	13,37 %	-
Current Ratio	2,11	1,09	4,57	1,46
Quick Ratio	2,11	1,09	4,57	1,46
Equity Ratio	0,36	0,58	0,68	0,51
Gross Profit Margin	15,33 %	81,68 %	100 %	-