TEK-ZENCE AS

1369 STABEKK

Finances

Return on Equity

69,12 %

Current Ratio

0,76

Debt-to-Equity Ratio

−0,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 209 000	928 000	318 000	0
Net Income	−1 988 000	−1 270 000	−668 000	−76 000
Total Assets	6 180 000	2 549 000	1 046 000	0
Total Equity	−2 876 000	−777 000	492 000	−55 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 209 000	928 000	318 000	0
Expenditure	3 904 000	2 077 000	984 000	75 000
Operating Profit	−1 696 000	−1 149 000	−667 000	−75 000
Financial Income	0	0	0	0
Financial Costs	292 000	120 000	1 000	1 000
Financial Balance	−292 000	−120 000	−1 000	−1 000
Earnings Before Tax	−1 988 000	−1 270 000	−668 000	−76 000
Tax	0	0	0	0
Net Income	−1 988 000	−1 270 000	−668 000	−76 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	429 000	766 000	268 000	0
Total Current Assets	5 751 000	1 783 000	778 000	0
Total Assets	6 180 000	2 549 000	1 046 000	0
Total Retained Equity	−4 010 000	−2 022 000	−753 000	−85 000
Total Equity	−2 876 000	−777 000	492 000	−55 000
Total Long-Term Debt	1 467 000	579 000	0	55 000
Total Current Debt	7 590 000	2 747 000	554 000	0
Total Equity and Debt	6 180 000	2 549 000	1 046 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 777 000	928 000	318 000	0
Other Income	432 000	0	0	0
Revenue	2 209 000	928 000	318 000	0
Cost of Goods Sold	1 729 000	1 107 000	827 000	0
Salary Costs	937 000	151 000	0	0
Depreciation	337 000	212 000	33 000	0
Impairment	0	0	0	0
Expenditure	3 904 000	2 077 000	984 000	75 000
Operating Profit	−1 696 000	−1 149 000	−667 000	−75 000
Financial Income	0	0	0	0
Financial Costs	292 000	120 000	1 000	1 000
Financial Balance	−292 000	−120 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	−1 988 000	−1 270 000	−668 000	−76 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	268 000	0
Total Intangible Assets	429 000	766 000	268 000	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	429 000	766 000	268 000	0
Stock	1 031 000	375 000	0	0
Total Investments	0	0	0	0
Cash, Bank	859 000	171 000	551 000	0
Total Current Assets	5 751 000	1 783 000	778 000	0
Total Assets	6 180 000	2 549 000	1 046 000	0
Total Equity	−2 876 000	−777 000	492 000	−55 000
Short-Term Group Debt	0	0	115 000	0
Total Long-Term Debt	1 467 000	579 000	0	55 000
Creditors	458 000	809 000	408 000	0
Unpaid Taxes	136 000	46 000	0	0
Dividends	0	0	0	0
Other Current Debt	6 996 000	1 892 000	31 000	0
Total Current Debt	7 590 000	2 747 000	554 000	0
Total Equity and Debt	6 180 000	2 549 000	1 046 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	69,12 %	163,45 %	−135,77 %	138,18 %
Debt-to-Equity Ratio	−0,51	−0,75	0	−1
Operating Profit Margin	−76,78 %	−123,81 %	−209,75 %	-
Current Ratio	0,76	0,65	1,4	-
Quick Ratio	0,88	0,75	1,4	-
Equity Ratio	−0,47	−0,3	0,47	-
Gross Profit Margin	21,73 %	−19,29 %	−160,06 %	-