TEKNOLOGIVEIEN 5 AS

8517 NARVIK

Finances

Share Ownership

Return on Equity

14,42 %

Current Ratio

1,15

Debt-to-Equity Ratio

1,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 974 000	1 765 000	1 478 000	1 130 000
Net Income	1 171 000	1 134 000	1 042 000	564 000
Total Assets	21 024 000	20 267 000	19 903 000	10 274 000
Total Equity	8 120 000	6 950 000	5 815 000	4 773 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 974 000	1 765 000	1 478 000	1 130 000
Expenditure	472 000	263 000	216 000	168 000
Operating Profit	1 502 000	1 502 000	1 262 000	961 000
Financial Income	530 000	376 000	326 000	0
Financial Costs	531 000	424 000	252 000	238 000
Financial Balance	−1 000	−48 000	74 000	−238 000
Earnings Before Tax	1 501 000	1 454 000	1 337 000	723 000
Tax	330 000	320 000	294 000	159 000
Net Income	1 171 000	1 134 000	1 042 000	564 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 248 000	10 048 000	10 161 000	10 274 000
Total Current Assets	775 000	10 220 000	9 743 000	0
Total Assets	21 024 000	20 267 000	19 903 000	10 274 000
Total Retained Equity	4 947 000	3 777 000	2 642 000	1 600 000
Total Equity	8 120 000	6 950 000	5 815 000	4 773 000
Total Long-Term Debt	12 227 000	12 903 000	13 576 000	287 000
Total Current Debt	676 000	415 000	512 000	5 214 000
Total Equity and Debt	21 024 000	20 267 000	19 903 000	10 274 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 974 000	1 765 000	1 478 000	1 130 000
Revenue	1 974 000	1 765 000	1 478 000	1 130 000
Cost of Goods Sold	328 000	119 000	70 000	0
Salary Costs	0	0	0	0
Depreciation	113 000	113 000	113 000	113 000
Impairment	0	0	0	0
Expenditure	472 000	263 000	216 000	168 000
Operating Profit	1 502 000	1 502 000	1 262 000	961 000
Financial Income	530 000	376 000	326 000	0
Financial Costs	531 000	424 000	252 000	238 000
Financial Balance	−1 000	−48 000	74 000	−238 000
Dividends	0	0	0	0
Net Income	1 171 000	1 134 000	1 042 000	564 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	9 935 000	10 048 000	10 161 000	10 274 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	9 935 000	10 048 000	10 161 000	10 274 000
Total Fiancial Fixed Assets	10 314 000	0	0	0
Total Fixed Assets	20 248 000	10 048 000	10 161 000	10 274 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	510 000	291 000	279 000	0
Total Current Assets	775 000	10 220 000	9 743 000	0
Total Assets	21 024 000	20 267 000	19 903 000	10 274 000
Total Equity	8 120 000	6 950 000	5 815 000	4 773 000
Short-Term Group Debt	0	0	106 000	5 076 000
Total Long-Term Debt	12 227 000	12 903 000	13 576 000	287 000
Creditors	265 000	6 000	0	0
Unpaid Taxes	68 000	88 000	113 000	0
Dividends	0	0	0	0
Other Current Debt	27 000	18 000	17 000	0
Total Current Debt	676 000	415 000	512 000	5 214 000
Total Equity and Debt	21 024 000	20 267 000	19 903 000	10 274 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,42 %	16,32 %	17,92 %	11,82 %
Debt-to-Equity Ratio	1,51	1,86	2,33	0,06
Operating Profit Margin	76,09 %	85,1 %	85,39 %	85,04 %
Current Ratio	1,15	24,63	19,03	0
Quick Ratio	1,15	24,63	19,03	0
Equity Ratio	0,39	0,34	0,29	0,46
Gross Profit Margin	83,38 %	93,26 %	95,26 %	100 %