TEQ AS

4371 EGERSUND

Finances

Share Ownership

Return on Equity

29,14 %

Current Ratio

4,95

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 024 000	483 000	524 000	106 000
Net Income	155 000	152 000	150 000	42 000
Total Assets	644 000	477 000	274 000	17 000
Total Equity	532 000	377 000	225 000	50 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 024 000	483 000	524 000	106 000
Expenditure	810 000	286 000	330 000	65 000
Operating Profit	214 000	198 000	194 000	42 000
Financial Income	1 000	1 000	0	0
Financial Costs	16 000	3 000	0	0
Financial Balance	−15 000	−2 000	0	0
Earnings Before Tax	199 000	195 000	194 000	42 000
Tax	44 000	43 000	44 000	0
Net Income	155 000	152 000	150 000	42 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	95 000	0	0	17 000
Total Current Assets	549 000	477 000	274 000	0
Total Assets	644 000	477 000	274 000	17 000
Total Retained Equity	482 000	327 000	175 000	0
Total Equity	532 000	377 000	225 000	50 000
Total Long-Term Debt	1 000	0	0	0
Total Current Debt	111 000	100 000	49 000	9 000
Total Equity and Debt	644 000	477 000	274 000	59 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 024 000	483 000	524 000	106 000
Other Income	0	0	0	0
Revenue	1 024 000	483 000	524 000	106 000
Cost of Goods Sold	517 000	225 000	209 000	26 000
Salary Costs	28 000	12 000	24 000	0
Depreciation	17 000	0	0	0
Impairment	0	0	0	0
Expenditure	810 000	286 000	330 000	65 000
Operating Profit	214 000	198 000	194 000	42 000
Financial Income	1 000	1 000	0	0
Financial Costs	16 000	3 000	0	0
Financial Balance	−15 000	−2 000	0	0
Dividends	0	0	0	0
Net Income	155 000	152 000	150 000	42 000

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	95 000	0	0	17 000
Total Tangible Assets	95 000	0	0	17 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	95 000	0	0	17 000
Stock	448 000	281 000	203 000	0
Total Investments	0	0	0	0
Cash, Bank	75 000	190 000	32 000	0
Total Current Assets	549 000	477 000	274 000	0
Total Assets	644 000	477 000	274 000	17 000
Total Equity	532 000	377 000	225 000	50 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	0	0
Creditors	11 000	19 000	0	0
Unpaid Taxes	15 000	36 000	4 000	0
Dividends	0	0	0	0
Other Current Debt	2 000	2 000	2 000	0
Total Current Debt	111 000	100 000	49 000	9 000
Total Equity and Debt	644 000	477 000	274 000	59 000

Financial indicators	2022	2021	2020	2019
Return on Equity	29,14 %	40,32 %	66,67 %	84 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	20,9 %	40,99 %	37,02 %	39,62 %
Current Ratio	4,95	4,77	5,59	0
Quick Ratio	−1,63	−2,64	−1,78	0
Equity Ratio	0,83	0,79	0,82	2,94
Gross Profit Margin	49,51 %	53,42 %	60,11 %	75,47 %