TEK MANAGEMENT AS

1396 BILLINGSTAD

Finances

Return on Equity

58,28 %

Current Ratio

0,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 427 000	760 000	123 000	437 000
Net Income	507 000	1 184 000	175 000	−408 000
Total Assets	1 934 000	1 541 000	145 000	59 000
Total Equity	870 000	763 000	−171 000	−345 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 427 000	760 000	123 000	437 000
Expenditure	2 512 000	503 000	24 000	832 000
Operating Profit	916 000	257 000	98 000	−396 000
Financial Income	0	1 007 000	0	0
Financial Costs	207 000	1 000	0	1 000
Financial Balance	−207 000	1 006 000	0	−1 000
Earnings Before Tax	708 000	1 263 000	98 000	−397 000
Tax	202 000	79 000	−76 000	11 000
Net Income	507 000	1 184 000	175 000	−408 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 042 000	1 184 000	81 000	0
Total Current Assets	891 000	357 000	64 000	59 000
Total Assets	1 934 000	1 541 000	145 000	59 000
Total Retained Equity	770 000	663 000	−271 000	−445 000
Total Equity	870 000	763 000	−171 000	−345 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 064 000	778 000	316 000	405 000
Total Equity and Debt	1 934 000	1 541 000	145 000	59 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 427 000	823 000	60 000	437 000
Other Income	0	−63 000	63 000	0
Revenue	3 427 000	760 000	123 000	437 000
Cost of Goods Sold	382 000	0	0	525 000
Salary Costs	1 807 000	463 000	0	0
Depreciation	5 000	5 000	0	0
Impairment	0	0	0	0
Expenditure	2 512 000	503 000	24 000	832 000
Operating Profit	916 000	257 000	98 000	−396 000
Financial Income	0	1 007 000	0	0
Financial Costs	207 000	1 000	0	1 000
Financial Balance	−207 000	1 006 000	0	−1 000
Dividends	200 000	250 000	0	0
Net Income	507 000	1 184 000	175 000	−408 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 000	10 000	76 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	35 000	19 000	0	0
Total Tangible Assets	35 000	19 000	0	0
Total Fiancial Fixed Assets	1 001 000	1 156 000	5 000	0
Total Fixed Assets	1 042 000	1 184 000	81 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	142 000	129 000	2 000	59 000
Total Current Assets	891 000	357 000	64 000	59 000
Total Assets	1 934 000	1 541 000	145 000	59 000
Total Equity	870 000	763 000	−171 000	−345 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	56 000	8 000	0	0
Unpaid Taxes	389 000	186 000	15 000	37 000
Dividends	200 000	250 000	0	0
Other Current Debt	421 000	572 000	301 000	368 000
Total Current Debt	1 064 000	778 000	316 000	405 000
Total Equity and Debt	1 934 000	1 541 000	145 000	59 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,28 %	155,18 %	−102,34 %	118,26 %
Debt-to-Equity Ratio	0	0	−0	−0
Operating Profit Margin	26,73 %	33,82 %	79,67 %	−90,62 %
Current Ratio	0,84	0,46	0,2	0,15
Quick Ratio	0,84	0,46	0,2	0,15
Equity Ratio	0,45	0,5	−1,18	−5,85
Gross Profit Margin	88,85 %	100 %	100 %	−20,14 %