TEKK SYSTEMS AS

7944 INDRE NÆRØY

Finances

Return on Equity

38,44 %

Current Ratio

0,83

Debt-to-Equity Ratio

2,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 034 000	2 524 000	2 024 000	683 000
Net Income	128 000	99 000	55 000	20 000
Total Assets	1 570 000	1 307 000	848 000	362 000
Total Equity	333 000	204 000	105 000	50 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 034 000	2 524 000	2 024 000	683 000
Expenditure	2 821 000	2 381 000	1 945 000	657 000
Operating Profit	213 000	144 000	79 000	26 000
Financial Income	0	0	0	0
Financial Costs	41 000	18 000	4 000	0
Financial Balance	−41 000	−18 000	−4 000	0
Earnings Before Tax	172 000	127 000	74 000	26 000
Tax	43 000	28 000	19 000	6 000
Net Income	128 000	99 000	55 000	20 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 119 000	721 000	406 000	101 000
Total Current Assets	451 000	586 000	442 000	261 000
Total Assets	1 570 000	1 307 000	848 000	362 000
Total Retained Equity	303 000	174 000	75 000	20 000
Total Equity	333 000	204 000	105 000	50 000
Total Long-Term Debt	691 000	538 000	297 000	0
Total Current Debt	546 000	565 000	446 000	312 000
Total Equity and Debt	1 570 000	1 307 000	848 000	362 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 034 000	2 524 000	2 024 000	683 000
Other Income	0	0	0	0
Revenue	3 034 000	2 524 000	2 024 000	683 000
Cost of Goods Sold	170 000	159 000	139 000	49 000
Salary Costs	1 695 000	1 712 000	1 449 000	409 000
Depreciation	0	0	3 000	9 000
Impairment	0	0	0	0
Expenditure	2 821 000	2 381 000	1 945 000	657 000
Operating Profit	213 000	144 000	79 000	26 000
Financial Income	0	0	0	0
Financial Costs	41 000	18 000	4 000	0
Financial Balance	−41 000	−18 000	−4 000	0
Dividends	0	0	0	0
Net Income	128 000	99 000	55 000	20 000

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	101 000
Total Tangible Assets	0	0	0	101 000
Total Fiancial Fixed Assets	1 119 000	721 000	406 000	0
Total Fixed Assets	1 119 000	721 000	406 000	101 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	282 000	396 000	103 000	225 000
Total Current Assets	451 000	586 000	442 000	261 000
Total Assets	1 570 000	1 307 000	848 000	362 000
Total Equity	333 000	204 000	105 000	50 000
Short-Term Group Debt	0	−6 000	0	0
Total Long-Term Debt	691 000	538 000	297 000	0
Creditors	46 000	68 000	23 000	17 000
Unpaid Taxes	202 000	213 000	155 000	146 000
Dividends	0	0	0	0
Other Current Debt	260 000	269 000	246 000	143 000
Total Current Debt	546 000	565 000	446 000	312 000
Total Equity and Debt	1 570 000	1 307 000	848 000	362 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,44 %	48,53 %	52,38 %	40 %
Debt-to-Equity Ratio	2,08	2,64	2,83	0
Operating Profit Margin	7,02 %	5,71 %	3,9 %	3,81 %
Current Ratio	0,83	1,04	0,99	0,84
Quick Ratio	0,83	1,04	0,99	0,84
Equity Ratio	0,21	0,16	0,12	0,14
Gross Profit Margin	94,4 %	93,7 %	93,13 %	92,83 %