TEAMWELD AS

4515 MANDAL

Finances

Return on Equity

38,71 %

Current Ratio

2,61

Debt-to-Equity Ratio

0,49

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 429 000	4 408 000	3 363 000	2 861 000
Net Income	1 277 000	1 071 000	875 000	310 000
Total Assets	6 216 000	5 009 000	4 347 000	3 550 000
Total Equity	3 299 000	2 021 000	1 175 000	750 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 429 000	4 408 000	3 363 000	2 861 000
Expenditure	4 178 000	3 432 000	2 611 000	2 419 000
Operating Profit	1 250 000	976 000	753 000	443 000
Financial Income	361 000	360 000	361 000	1 000
Financial Costs	74 000	63 000	92 000	43 000
Financial Balance	287 000	297 000	269 000	−42 000
Earnings Before Tax	1 536 000	1 273 000	1 021 000	400 000
Tax	259 000	202 000	146 000	90 000
Net Income	1 277 000	1 071 000	875 000	310 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 818 000	2 584 000	2 492 000	2 400 000
Total Current Assets	3 399 000	2 425 000	1 854 000	1 150 000
Total Assets	6 216 000	5 009 000	4 347 000	3 550 000
Total Retained Equity	3 239 000	1 961 000	1 115 000	690 000
Total Equity	3 299 000	2 021 000	1 175 000	750 000
Total Long-Term Debt	1 615 000	1 849 000	2 099 000	2 342 000
Total Current Debt	1 303 000	1 139 000	1 072 000	458 000
Total Equity and Debt	6 216 000	5 009 000	4 347 000	3 550 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 215 000	4 288 000	3 243 000	2 861 000
Other Income	214 000	120 000	120 000	0
Revenue	5 429 000	4 408 000	3 363 000	2 861 000
Cost of Goods Sold	1 297 000	1 261 000	1 332 000	1 244 000
Salary Costs	1 688 000	1 407 000	728 000	659 000
Depreciation	105 000	56 000	15 000	0
Impairment	0	0	0	0
Expenditure	4 178 000	3 432 000	2 611 000	2 419 000
Operating Profit	1 250 000	976 000	753 000	443 000
Financial Income	361 000	360 000	361 000	1 000
Financial Costs	74 000	63 000	92 000	43 000
Financial Balance	287 000	297 000	269 000	−42 000
Dividends	0	225 000	450 000	0
Net Income	1 277 000	1 071 000	875 000	310 000

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	418 000	184 000	92 000	0
Total Tangible Assets	418 000	184 000	92 000	0
Total Fiancial Fixed Assets	2 400 000	2 400 000	2 400 000	2 400 000
Total Fixed Assets	2 818 000	2 584 000	2 492 000	2 400 000
Stock	271 000	227 000	248 000	160 000
Total Investments	0	0	0	0
Cash, Bank	1 446 000	1 158 000	1 006 000	628 000
Total Current Assets	3 399 000	2 425 000	1 854 000	1 150 000
Total Assets	6 216 000	5 009 000	4 347 000	3 550 000
Total Equity	3 299 000	2 021 000	1 175 000	750 000
Short-Term Group Debt	360 000	360 000	660 000	0
Total Long-Term Debt	1 615 000	1 849 000	2 099 000	2 342 000
Creditors	149 000	111 000	73 000	168 000
Unpaid Taxes	392 000	335 000	127 000	133 000
Dividends	0	225 000	450 000	0
Other Current Debt	157 000	130 000	67 000	66 000
Total Current Debt	1 303 000	1 139 000	1 072 000	458 000
Total Equity and Debt	6 216 000	5 009 000	4 347 000	3 550 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,71 %	52,99 %	74,47 %	41,33 %
Debt-to-Equity Ratio	0,49	0,91	1,79	3,12
Operating Profit Margin	23,02 %	22,14 %	22,39 %	15,48 %
Current Ratio	2,61	2,13	1,73	2,51
Quick Ratio	3,29	2,66	2,25	3,86
Equity Ratio	0,53	0,4	0,27	0,21
Gross Profit Margin	76,11 %	71,39 %	60,39 %	56,52 %