TECHVALID AS

7091 TILLER

Finances

Share Ownership

Return on Equity

102,23 %

Current Ratio

2,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 924 000	1 663 000	1 549 000	1 061 000
Net Income	1 971 000	678 000	639 000	384 000
Total Assets	2 787 000	1 125 000	1 204 000	671 000
Total Equity	1 928 000	30 000	72 000	34 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 924 000	1 663 000	1 549 000	1 061 000
Expenditure	420 000	794 000	729 000	570 000
Operating Profit	2 503 000	869 000	820 000	491 000
Financial Income	21 000	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	21 000	0	−1 000	0
Earnings Before Tax	2 524 000	869 000	819 000	492 000
Tax	553 000	191 000	181 000	108 000
Net Income	1 971 000	678 000	639 000	384 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 000 000	0	0	0
Total Current Assets	1 787 000	1 125 000	1 204 000	671 000
Total Assets	2 787 000	1 125 000	1 204 000	671 000
Total Retained Equity	1 898 000	0	42 000	4 000
Total Equity	1 928 000	30 000	72 000	34 000
Total Long-Term Debt	1 000	4 000	0	0
Total Current Debt	857 000	1 090 000	1 132 000	637 000
Total Equity and Debt	2 787 000	1 125 000	1 204 000	671 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 924 000	1 661 000	1 548 000	1 061 000
Other Income	0	2 000	1 000	0
Revenue	2 924 000	1 663 000	1 549 000	1 061 000
Cost of Goods Sold	0	0	0	0
Salary Costs	333 000	705 000	559 000	496 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	420 000	794 000	729 000	570 000
Operating Profit	2 503 000	869 000	820 000	491 000
Financial Income	21 000	0	0	0
Financial Costs	0	0	1 000	0
Financial Balance	21 000	0	−1 000	0
Dividends	72 000	720 000	600 000	380 000
Net Income	1 971 000	678 000	639 000	384 000

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	1 000 000	0	0	0
Total Fixed Assets	1 000 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 462 000	1 091 000	1 204 000	671 000
Total Current Assets	1 787 000	1 125 000	1 204 000	671 000
Total Assets	2 787 000	1 125 000	1 204 000	671 000
Total Equity	1 928 000	30 000	72 000	34 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	4 000	0	0
Creditors	0	−4 000	−2 000	0
Unpaid Taxes	216 000	121 000	245 000	147 000
Dividends	72 000	720 000	600 000	380 000
Other Current Debt	90 000	66 000	113 000	3 000
Total Current Debt	857 000	1 090 000	1 132 000	637 000
Total Equity and Debt	2 787 000	1 125 000	1 204 000	671 000

Financial indicators	2022	2021	2020	2019
Return on Equity	102,23 %	2 260 %	887,5 %	1 129,41 %
Debt-to-Equity Ratio	0	0,13	0	0
Operating Profit Margin	85,6 %	52,25 %	52,94 %	46,28 %
Current Ratio	2,09	1,03	1,06	1,05
Quick Ratio	2,09	1,03	1,06	1,05
Equity Ratio	0,69	0,03	0,06	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %