TARGET SENSOR TECHNOLOGY AS

4790 LILLESAND

Finances

Share Ownership

Return on Equity

5,12 %

Current Ratio

0,22

Debt-to-Equity Ratio

3,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	0	0	0
Net Income	24 000	−38 000	−2 000	−7 000
Total Assets	2 289 000	1 877 000	880 000	65 000
Total Equity	469 000	444 000	487 000	14 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	0	0	0
Expenditure	26 000	32 000	7 000	7 000
Operating Profit	24 000	−32 000	−7 000	−7 000
Financial Income	0	0	0	0
Financial Costs	0	6 000	0	0
Financial Balance	0	−6 000	0	0
Earnings Before Tax	24 000	−38 000	−7 000	−7 000
Tax	0	0	−5 000	0
Net Income	24 000	−38 000	−2 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 243 000	1 530 000	405 000	63 000
Total Current Assets	46 000	347 000	475 000	2 000
Total Assets	2 289 000	1 877 000	880 000	65 000
Total Retained Equity	−37 000	−61 000	−18 000	−16 000
Total Equity	469 000	444 000	487 000	14 000
Total Long-Term Debt	1 608 000	0	0	0
Total Current Debt	212 000	1 433 000	393 000	51 000
Total Equity and Debt	2 289 000	1 877 000	880 000	65 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 000	0	0	0
Other Income	0	0	0	0
Revenue	50 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	26 000	32 000	7 000	7 000
Operating Profit	24 000	−32 000	−7 000	−7 000
Financial Income	0	0	0	0
Financial Costs	0	6 000	0	0
Financial Balance	0	−6 000	0	0
Dividends	0	0	0	0
Net Income	24 000	−38 000	−2 000	−7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 243 000	1 530 000	405 000	63 000
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	2 243 000	1 530 000	405 000	63 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	37 000	167 000	363 000	2 000
Total Current Assets	46 000	347 000	475 000	2 000
Total Assets	2 289 000	1 877 000	880 000	65 000
Total Equity	469 000	444 000	487 000	14 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 608 000	0	0	0
Creditors	67 000	882 000	188 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	146 000	551 000	206 000	51 000
Total Current Debt	212 000	1 433 000	393 000	51 000
Total Equity and Debt	2 289 000	1 877 000	880 000	65 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,12 %	−8,56 %	−0,41 %	−50 %
Debt-to-Equity Ratio	3,43	0	0	0
Operating Profit Margin	48 %	-	-	-
Current Ratio	0,22	0,24	1,21	0,04
Quick Ratio	0,22	0,24	1,21	0,04
Equity Ratio	0,2	0,24	0,55	0,22
Gross Profit Margin	100 %	-	-	-