TECH GLOBAL AS

7075 TILLER

Finances

Share Ownership

Return on Equity

57,97 %

Current Ratio

1,31

Debt-to-Equity Ratio

0,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 038 000	2 735 000	2 317 000	2 266 000
Net Income	200 000	157 000	−87 000	191 000
Total Assets	1 396 000	1 306 000	720 000	721 000
Total Equity	345 000	145 000	129 000	216 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 038 000	2 735 000	2 317 000	2 266 000
Expenditure	2 808 000	2 564 000	2 435 000	2 044 000
Operating Profit	230 000	171 000	−117 000	222 000
Financial Income	36 000	20 000	7 000	23 000
Financial Costs	9 000	34 000	2 000	1 000
Financial Balance	27 000	−14 000	5 000	22 000
Earnings Before Tax	257 000	157 000	−112 000	244 000
Tax	56 000	0	−25 000	53 000
Net Income	200 000	157 000	−87 000	191 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	42 000	74 000	113 000	145 000
Total Current Assets	1 355 000	1 232 000	607 000	576 000
Total Assets	1 396 000	1 306 000	720 000	721 000
Total Retained Equity	315 000	121 000	105 000	192 000
Total Equity	345 000	145 000	129 000	216 000
Total Long-Term Debt	19 000	28 000	45 000	22 000
Total Current Debt	1 031 000	1 133 000	546 000	483 000
Total Equity and Debt	1 396 000	1 306 000	720 000	721 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 038 000	2 735 000	2 317 000	2 266 000
Other Income	0	0	0	0
Revenue	3 038 000	2 735 000	2 317 000	2 266 000
Cost of Goods Sold	0	71 000	67 000	0
Salary Costs	0	0	0	0
Depreciation	33 000	33 000	33 000	16 000
Impairment	0	0	0	0
Expenditure	2 808 000	2 564 000	2 435 000	2 044 000
Operating Profit	230 000	171 000	−117 000	222 000
Financial Income	36 000	20 000	7 000	23 000
Financial Costs	9 000	34 000	2 000	1 000
Financial Balance	27 000	−14 000	5 000	22 000
Dividends	0	0	0	0
Net Income	200 000	157 000	−87 000	191 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	42 000	80 000	113 000	145 000
Total Intangible Assets	42 000	74 000	113 000	145 000
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	42 000	74 000	113 000	145 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	857 000	673 000	56 000	9 000
Total Current Assets	1 355 000	1 232 000	607 000	576 000
Total Assets	1 396 000	1 306 000	720 000	721 000
Total Equity	345 000	145 000	129 000	216 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 000	28 000	45 000	22 000
Creditors	572 000	680 000	76 000	40 000
Unpaid Taxes	97 000	108 000	129 000	74 000
Dividends	0	0	0	0
Other Current Debt	307 000	310 000	310 000	338 000
Total Current Debt	1 031 000	1 133 000	546 000	483 000
Total Equity and Debt	1 396 000	1 306 000	720 000	721 000

Financial indicators	2022	2021	2020	2019
Return on Equity	57,97 %	108,28 %	−67,44 %	88,43 %
Debt-to-Equity Ratio	0,06	0,19	0,35	0,1
Operating Profit Margin	7,57 %	6,25 %	−5,05 %	9,8 %
Current Ratio	1,31	1,09	1,11	1,19
Quick Ratio	1,31	1,09	1,11	1,19
Equity Ratio	0,25	0,11	0,18	0,3
Gross Profit Margin	100 %	97,4 %	97,11 %	100 %