TC ENGINEERING AS

7075 TILLER

Finances

Return on Equity

146,84 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 009 000	14 300 000	13 983 000	6 319 000
Net Income	3 812 000	429 000	565 000	592 000
Total Assets	7 738 000	6 034 000	4 342 000	3 826 000
Total Equity	2 596 000	1 454 000	1 025 000	460 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 009 000	14 300 000	13 983 000	6 319 000
Expenditure	16 106 000	13 531 000	13 091 000	5 489 000
Operating Profit	2 903 000	769 000	891 000	830 000
Financial Income	1 668 000	6 000	278 000	7 000
Financial Costs	135 000	247 000	461 000	81 000
Financial Balance	1 533 000	−241 000	−183 000	−74 000
Earnings Before Tax	4 436 000	528 000	708 000	757 000
Tax	624 000	99 000	143 000	165 000
Net Income	3 812 000	429 000	565 000	592 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	350 000	0	0	0
Total Current Assets	7 388 000	6 034 000	4 342 000	3 826 000
Total Assets	7 738 000	6 034 000	4 342 000	3 826 000
Total Retained Equity	2 572 000	1 430 000	1 001 000	436 000
Total Equity	2 596 000	1 454 000	1 025 000	460 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 142 000	4 580 000	3 317 000	3 366 000
Total Equity and Debt	7 738 000	6 034 000	4 342 000	3 826 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 009 000	14 300 000	13 983 000	6 319 000
Other Income	0	0	0	0
Revenue	19 009 000	14 300 000	13 983 000	6 319 000
Cost of Goods Sold	13 001 000	10 636 000	9 750 000	3 510 000
Salary Costs	1 890 000	2 243 000	2 276 000	1 523 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	16 106 000	13 531 000	13 091 000	5 489 000
Operating Profit	2 903 000	769 000	891 000	830 000
Financial Income	1 668 000	6 000	278 000	7 000
Financial Costs	135 000	247 000	461 000	81 000
Financial Balance	1 533 000	−241 000	−183 000	−74 000
Dividends	1 500 000	0	0	0
Net Income	3 812 000	429 000	565 000	592 000

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	350 000	0	0	0
Total Fixed Assets	350 000	0	0	0
Stock	394 000	435 000	258 000	300 000
Total Investments	0	0	0	0
Cash, Bank	2 380 000	1 513 000	876 000	31 000
Total Current Assets	7 388 000	6 034 000	4 342 000	3 826 000
Total Assets	7 738 000	6 034 000	4 342 000	3 826 000
Total Equity	2 596 000	1 454 000	1 025 000	460 000
Short-Term Group Debt	1 782 000	450 000	137 000	200 000
Total Long-Term Debt	0	0	0	0
Creditors	830 000	3 521 000	1 320 000	1 113 000
Unpaid Taxes	99 000	295 000	163 000	502 000
Dividends	1 500 000	0	0	0
Other Current Debt	737 000	215 000	715 000	1 429 000
Total Current Debt	5 142 000	4 580 000	3 317 000	3 366 000
Total Equity and Debt	7 738 000	6 034 000	4 342 000	3 826 000

Financial indicators	2022	2021	2020	2019
Return on Equity	146,84 %	29,5 %	55,12 %	128,7 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,27 %	5,38 %	6,37 %	13,13 %
Current Ratio	1,44	1,32	1,31	1,14
Quick Ratio	1,56	1,46	1,42	1,25
Equity Ratio	0,34	0,24	0,24	0,12
Gross Profit Margin	31,61 %	25,62 %	30,27 %	44,45 %