AS TECS

0169 OSLO

Finances

Return on Equity

−13,48 %

Current Ratio

0,12

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	109 000	238 000	268 000	263 000
Net Income	−55 000	50 000	80 000	84 000
Total Assets	500 000	521 000	522 000	508 000
Total Equity	408 000	463 000	413 000	333 000

Income (NOK)	2022	2021	2020	2019
Revenue	109 000	238 000	268 000	263 000
Expenditure	179 000	174 000	165 000	155 000
Operating Profit	−70 000	64 000	103 000	108 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−70 000	64 000	103 000	108 000
Tax	−16 000	14 000	23 000	24 000
Net Income	−55 000	50 000	80 000	84 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	491 000	491 000	491 000	491 000
Total Current Assets	8 000	30 000	30 000	17 000
Total Assets	500 000	521 000	522 000	508 000
Total Retained Equity	58 000	113 000	63 000	−17 000
Total Equity	408 000	463 000	413 000	333 000
Total Long-Term Debt	22 000	38 000	38 000	37 000
Total Current Debt	69 000	20 000	71 000	138 000
Total Equity and Debt	500 000	521 000	522 000	508 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	109 000	238 000	268 000	263 000
Revenue	109 000	238 000	268 000	263 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	179 000	174 000	165 000	155 000
Operating Profit	−70 000	64 000	103 000	108 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−55 000	50 000	80 000	84 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	456 000	456 000	456 000	456 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	456 000	456 000	456 000	456 000
Total Fiancial Fixed Assets	35 000	35 000	35 000	35 000
Total Fixed Assets	491 000	491 000	491 000	491 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 000	30 000	30 000	17 000
Total Current Assets	8 000	30 000	30 000	17 000
Total Assets	500 000	521 000	522 000	508 000
Total Equity	408 000	463 000	413 000	333 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	22 000	38 000	38 000	37 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	69 000	6 000	48 000	114 000
Total Current Debt	69 000	20 000	71 000	138 000
Total Equity and Debt	500 000	521 000	522 000	508 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,48 %	10,8 %	19,37 %	25,23 %
Debt-to-Equity Ratio	0,05	0,08	0,09	0,11
Operating Profit Margin	−64,22 %	26,89 %	38,43 %	41,06 %
Current Ratio	0,12	1,5	0,42	0,12
Quick Ratio	0,12	1,5	0,42	0,12
Equity Ratio	0,82	0,89	0,79	0,66
Gross Profit Margin	100 %	100 %	100 %	100 %