TEKNISK INDUSTRIVERN AS

5160 LAKSEVÅG

Finances

Share Ownership

Return on Equity

28,43 %

Current Ratio

2,72

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	21 024 000	15 974 000	13 122 000	13 105 000
Net Income	2 068 000	1 050 000	711 000	308 000
Total Assets	11 416 000	9 218 000	7 163 000	6 927 000
Total Equity	7 273 000	5 205 000	4 585 000	3 874 000

Income (NOK)	2022	2021	2020	2019
Revenue	21 024 000	15 974 000	13 122 000	13 105 000
Expenditure	18 447 000	14 789 000	12 364 000	12 834 000
Operating Profit	2 576 000	1 186 000	759 000	298 000
Financial Income	44 000	5 000	18 000	18 000
Financial Costs	11 000	8 000	15 000	8 000
Financial Balance	33 000	−3 000	3 000	10 000
Earnings Before Tax	2 609 000	1 183 000	762 000	308 000
Tax	540 000	132 000	52 000	0
Net Income	2 068 000	1 050 000	711 000	308 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	464 000	461 000	301 000	408 000
Total Current Assets	10 952 000	8 757 000	6 863 000	6 519 000
Total Assets	11 416 000	9 218 000	7 163 000	6 927 000
Total Retained Equity	7 173 000	5 105 000	4 485 000	3 774 000
Total Equity	7 273 000	5 205 000	4 585 000	3 874 000
Total Long-Term Debt	111 000	138 000	0	0
Total Current Debt	4 032 000	3 874 000	2 579 000	3 053 000
Total Equity and Debt	11 416 000	9 218 000	7 163 000	6 927 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	21 074 000	15 864 000	12 979 000	13 105 000
Other Income	−51 000	109 000	143 000	0
Revenue	21 024 000	15 974 000	13 122 000	13 105 000
Cost of Goods Sold	7 759 000	5 568 000	6 408 000	6 442 000
Salary Costs	6 770 000	5 669 000	3 482 000	4 137 000
Depreciation	136 000	99 000	133 000	126 000
Impairment	0	0	0	0
Expenditure	18 447 000	14 789 000	12 364 000	12 834 000
Operating Profit	2 576 000	1 186 000	759 000	298 000
Financial Income	44 000	5 000	18 000	18 000
Financial Costs	11 000	8 000	15 000	8 000
Financial Balance	33 000	−3 000	3 000	10 000
Dividends	0	430 000	0	0
Net Income	2 068 000	1 050 000	711 000	308 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	126 000	47 000	0	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	320 000	390 000	301 000	390 000
Total Tangible Assets	320 000	390 000	301 000	390 000
Total Fiancial Fixed Assets	18 000	23 000	−1 000	3 000
Total Fixed Assets	464 000	461 000	301 000	408 000
Stock	1 120 000	584 000	545 000	268 000
Total Investments	0	0	0	0
Cash, Bank	6 705 000	4 671 000	4 213 000	3 033 000
Total Current Assets	10 952 000	8 757 000	6 863 000	6 519 000
Total Assets	11 416 000	9 218 000	7 163 000	6 927 000
Total Equity	7 273 000	5 205 000	4 585 000	3 874 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	111 000	138 000	0	0
Creditors	805 000	919 000	824 000	1 338 000
Unpaid Taxes	1 118 000	1 131 000	593 000	674 000
Dividends	0	430 000	0	0
Other Current Debt	1 569 000	1 448 000	1 110 000	1 041 000
Total Current Debt	4 032 000	3 874 000	2 579 000	3 053 000
Total Equity and Debt	11 416 000	9 218 000	7 163 000	6 927 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,43 %	20,17 %	15,51 %	7,95 %
Debt-to-Equity Ratio	0,02	0,03	0	0
Operating Profit Margin	12,25 %	7,42 %	5,78 %	2,27 %
Current Ratio	2,72	2,26	2,66	2,14
Quick Ratio	3,76	2,66	3,37	2,34
Equity Ratio	0,64	0,56	0,64	0,56
Gross Profit Margin	63,09 %	65,14 %	51,17 %	50,84 %