TYTEK AS

4010 STAVANGER

Finances

Share Ownership

Return on Equity

−2,26 %

Current Ratio

1,97

Debt-to-Equity Ratio

0,77

Key figures (NOK)	2022	2021	2020
Revenue	4 440 000	1 187 000	574 000
Net Income	−9 000	219 000	164 000
Total Assets	1 268 000	687 000	286 000
Total Equity	398 000	407 000	189 000

Income (NOK)	2022	2021	2020
Revenue	4 440 000	1 187 000	574 000
Expenditure	4 446 000	901 000	350 000
Operating Profit	−7 000	287 000	224 000
Financial Income	4 000	1 000	0
Financial Costs	8 000	3 000	7 000
Financial Balance	−4 000	−2 000	−7 000
Earnings Before Tax	−11 000	285 000	217 000
Tax	−2 000	66 000	53 000
Net Income	−9 000	219 000	164 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	157 000	120 000	0
Total Current Assets	1 111 000	567 000	286 000
Total Assets	1 268 000	687 000	286 000
Total Retained Equity	368 000	377 000	159 000
Total Equity	398 000	407 000	189 000
Total Long-Term Debt	306 000	5 000	0
Total Current Debt	563 000	275 000	98 000
Total Equity and Debt	1 268 000	687 000	286 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 440 000	1 187 000	574 000
Other Income	0	0	0
Revenue	4 440 000	1 187 000	574 000
Cost of Goods Sold	839 000	206 000	89 000
Salary Costs	2 590 000	514 000	157 000
Depreciation	37 000	4 000	0
Impairment	0	0	0
Expenditure	4 446 000	901 000	350 000
Operating Profit	−7 000	287 000	224 000
Financial Income	4 000	1 000	0
Financial Costs	8 000	3 000	7 000
Financial Balance	−4 000	−2 000	−7 000
Dividends	0	0	0
Net Income	−9 000	219 000	164 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	114 000	79 000	0
Total Tangible Assets	114 000	79 000	0
Total Fiancial Fixed Assets	42 000	41 000	0
Total Fixed Assets	157 000	120 000	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	504 000	148 000	253 000
Total Current Assets	1 111 000	567 000	286 000
Total Assets	1 268 000	687 000	286 000
Total Equity	398 000	407 000	189 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	306 000	5 000	0
Creditors	41 000	52 000	6 000
Unpaid Taxes	205 000	101 000	24 000
Dividends	0	0	0
Other Current Debt	317 000	60 000	15 000
Total Current Debt	563 000	275 000	98 000
Total Equity and Debt	1 268 000	687 000	286 000

Financial indicators	2022	2021	2020
Return on Equity	−2,26 %	53,81 %	86,77 %
Debt-to-Equity Ratio	0,77	0,01	0
Operating Profit Margin	−0,16 %	24,18 %	39,02 %
Current Ratio	1,97	2,06	2,92
Quick Ratio	1,97	2,06	2,92
Equity Ratio	0,31	0,59	0,66
Gross Profit Margin	81,1 %	82,65 %	84,49 %