TECHTERM AS

9750 HONNINGSVÅG

Finances

Share Ownership

Return on Equity

835,9 %

Current Ratio

0,37

Debt-to-Equity Ratio

−8,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 464 000	3 532 000	5 495 000	5 701 000
Net Income	−326 000	476 000	−894 000	423 000
Total Assets	858 000	2 201 000	1 404 000	2 270 000
Total Equity	−39 000	287 000	−189 000	706 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 464 000	3 532 000	5 495 000	5 701 000
Expenditure	5 794 000	2 945 000	6 527 000	5 122 000
Operating Profit	−330 000	586 000	−1 031 000	579 000
Financial Income	0	0	2 000	3 000
Financial Costs	42 000	42 000	51 000	40 000
Financial Balance	−42 000	−42 000	−49 000	−37 000
Earnings Before Tax	−372 000	543 000	−1 080 000	542 000
Tax	−46 000	67 000	−185 000	119 000
Net Income	−326 000	476 000	−894 000	423 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	641 000	792 000	960 000	1 354 000
Total Current Assets	217 000	1 409 000	445 000	917 000
Total Assets	858 000	2 201 000	1 404 000	2 270 000
Total Retained Equity	−83 000	243 000	−233 000	661 000
Total Equity	−39 000	287 000	−189 000	706 000
Total Long-Term Debt	319 000	734 000	921 000	563 000
Total Current Debt	579 000	1 179 000	672 000	1 001 000
Total Equity and Debt	858 000	2 201 000	1 404 000	2 270 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 464 000	3 445 000	5 369 000	5 701 000
Other Income	0	87 000	127 000	0
Revenue	5 464 000	3 532 000	5 495 000	5 701 000
Cost of Goods Sold	1 313 000	725 000	2 571 000	1 574 000
Salary Costs	3 280 000	1 303 000	2 604 000	2 250 000
Depreciation	151 000	167 000	207 000	188 000
Impairment	0	0	0	0
Expenditure	5 794 000	2 945 000	6 527 000	5 122 000
Operating Profit	−330 000	586 000	−1 031 000	579 000
Financial Income	0	0	2 000	3 000
Financial Costs	42 000	42 000	51 000	40 000
Financial Balance	−42 000	−42 000	−49 000	−37 000
Dividends	0	0	0	0
Net Income	−326 000	476 000	−894 000	423 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	2 000	9 000	16 000
Machinery and Plant Facilities	403 000	475 000	548 000	620 000
Fixtures	203 000	280 000	368 000	688 000
Total Tangible Assets	606 000	758 000	925 000	1 324 000
Total Fiancial Fixed Assets	35 000	35 000	35 000	30 000
Total Fixed Assets	641 000	792 000	960 000	1 354 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	127 000	39 000	139 000	444 000
Total Current Assets	217 000	1 409 000	445 000	917 000
Total Assets	858 000	2 201 000	1 404 000	2 270 000
Total Equity	−39 000	287 000	−189 000	706 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	319 000	734 000	921 000	563 000
Creditors	69 000	90 000	59 000	187 000
Unpaid Taxes	98 000	438 000	21 000	157 000
Dividends	0	0	0	0
Other Current Debt	411 000	626 000	543 000	562 000
Total Current Debt	579 000	1 179 000	672 000	1 001 000
Total Equity and Debt	858 000	2 201 000	1 404 000	2 270 000

Financial indicators	2022	2021	2020	2019
Return on Equity	835,9 %	165,85 %	473,02 %	59,92 %
Debt-to-Equity Ratio	−8,18	2,56	−4,87	0,8
Operating Profit Margin	−6,04 %	16,59 %	−18,76 %	10,16 %
Current Ratio	0,37	1,2	0,66	0,92
Quick Ratio	0,37	1,2	0,66	0,92
Equity Ratio	−0,05	0,13	−0,13	0,31
Gross Profit Margin	75,97 %	79,47 %	53,21 %	72,39 %