TI-TECH AS

3117 TØNSBERG

Finances

Share Ownership

Return on Equity

27,78 %

Current Ratio

3,59

Debt-to-Equity Ratio

7,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	104 000	213 000	186 000	315 000
Net Income	5 000	−33 000	14 000	0
Total Assets	219 000	264 000	274 000	243 000
Total Equity	18 000	13 000	46 000	32 000

Income (NOK)	2022	2021	2020	2019
Revenue	104 000	213 000	186 000	315 000
Expenditure	92 000	244 000	170 000	312 000
Operating Profit	12 000	−31 000	17 000	4 000
Financial Income	0	0	2 000	1 000
Financial Costs	7 000	2 000	1 000	4 000
Financial Balance	−7 000	−2 000	1 000	−3 000
Earnings Before Tax	5 000	−33 000	18 000	0
Tax	0	0	4 000	0
Net Income	5 000	−33 000	14 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	219 000	264 000	274 000	243 000
Total Assets	219 000	264 000	274 000	243 000
Total Retained Equity	−12 000	−17 000	16 000	2 000
Total Equity	18 000	13 000	46 000	32 000
Total Long-Term Debt	140 000	140 000	140 000	140 000
Total Current Debt	61 000	111 000	88 000	71 000
Total Equity and Debt	219 000	264 000	274 000	243 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	104 000	213 000	186 000	315 000
Other Income	0	0	0	0
Revenue	104 000	213 000	186 000	315 000
Cost of Goods Sold	78 000	221 000	158 000	269 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	92 000	244 000	170 000	312 000
Operating Profit	12 000	−31 000	17 000	4 000
Financial Income	0	0	2 000	1 000
Financial Costs	7 000	2 000	1 000	4 000
Financial Balance	−7 000	−2 000	1 000	−3 000
Dividends	0	0	0	0
Net Income	5 000	−33 000	14 000	0

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	182 000	126 000	156 000	183 000
Total Investments	0	0	0	0
Cash, Bank	37 000	137 000	118 000	60 000
Total Current Assets	219 000	264 000	274 000	243 000
Total Assets	219 000	264 000	274 000	243 000
Total Equity	18 000	13 000	46 000	32 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	140 000	140 000	140 000	140 000
Creditors	0	23 000	0	0
Unpaid Taxes	24 000	46 000	43 000	68 000
Dividends	0	0	0	0
Other Current Debt	37 000	43 000	41 000	3 000
Total Current Debt	61 000	111 000	88 000	71 000
Total Equity and Debt	219 000	264 000	274 000	243 000

Financial indicators	2022	2021	2020	2019
Return on Equity	27,78 %	−253,85 %	30,43 %	0 %
Debt-to-Equity Ratio	7,78	10,77	3,04	4,38
Operating Profit Margin	11,54 %	−14,55 %	9,14 %	1,27 %
Current Ratio	3,59	2,38	3,11	3,42
Quick Ratio	−1,81	−17,6	−4,03	−2,17
Equity Ratio	0,08	0,05	0,17	0,13
Gross Profit Margin	25 %	−3,76 %	15,05 %	14,6 %