TEKK ELEKTRO AS

7900 RØRVIK

Finances

Share Ownership

Return on Equity

90,58 %

Current Ratio

1,09

Debt-to-Equity Ratio

−1,32

Key figures (NOK)	2022	2021	2020
Revenue	7 942 000	10 378 000	2 928 000
Net Income	−1 029 000	−407 000	6 000
Total Assets	4 196 000	4 260 000	7 104 000
Total Equity	−1 136 000	−107 000	300 000

Income (NOK)	2022	2021	2020
Revenue	7 942 000	10 378 000	2 928 000
Expenditure	8 950 000	10 733 000	2 907 000
Operating Profit	−1 008 000	−355 000	21 000
Financial Income	0	0	0
Financial Costs	21 000	53 000	15 000
Financial Balance	−21 000	−53 000	−15 000
Earnings Before Tax	−1 029 000	−407 000	6 000
Tax	0	0	0
Net Income	−1 029 000	−407 000	6 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	23 000	31 000	39 000
Total Current Assets	4 173 000	4 230 000	7 065 000
Total Assets	4 196 000	4 260 000	7 104 000
Total Retained Equity	−1 430 000	−401 000	6 000
Total Equity	−1 136 000	−107 000	300 000
Total Long-Term Debt	1 501 000	1 501 000	2 041 000
Total Current Debt	3 831 000	2 867 000	4 763 000
Total Equity and Debt	4 196 000	4 260 000	7 104 000

Cash flow (NOK)	2022	2021	2020
Sales Income	7 928 000	10 374 000	2 928 000
Other Income	15 000	4 000	0
Revenue	7 942 000	10 378 000	2 928 000
Cost of Goods Sold	5 922 000	7 631 000	2 272 000
Salary Costs	1 317 000	824 000	198 000
Depreciation	8 000	8 000	1 000
Impairment	0	0	0
Expenditure	8 950 000	10 733 000	2 907 000
Operating Profit	−1 008 000	−355 000	21 000
Financial Income	0	0	0
Financial Costs	21 000	53 000	15 000
Financial Balance	−21 000	−53 000	−15 000
Dividends	0	0	0
Net Income	−1 029 000	−407 000	6 000

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	23 000	31 000	39 000
Total Tangible Assets	23 000	31 000	39 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	23 000	31 000	39 000
Stock	2 311 000	2 679 000	2 689 000
Total Investments	0	0	0
Cash, Bank	1 376 000	1 260 000	3 499 000
Total Current Assets	4 173 000	4 230 000	7 065 000
Total Assets	4 196 000	4 260 000	7 104 000
Total Equity	−1 136 000	−107 000	300 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 501 000	1 501 000	2 041 000
Creditors	3 552 000	2 585 000	4 703 000
Unpaid Taxes	108 000	179 000	39 000
Dividends	0	0	0
Other Current Debt	170 000	103 000	21 000
Total Current Debt	3 831 000	2 867 000	4 763 000
Total Equity and Debt	4 196 000	4 260 000	7 104 000

Financial indicators	2022	2021	2020
Return on Equity	90,58 %	380,37 %	2 %
Debt-to-Equity Ratio	−1,32	−14,03	6,8
Operating Profit Margin	−12,69 %	−3,42 %	0,72 %
Current Ratio	1,09	1,48	1,48
Quick Ratio	2,75	22,5	3,41
Equity Ratio	−0,27	−0,03	0,04
Gross Profit Margin	25,43 %	26,47 %	22,4 %