TEKNISK VANNSERVICE AS

1081 OSLO

Finances

Share Ownership

Return on Equity

19,54 %

Current Ratio

3,31

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 903 000	14 814 000	10 277 000	13 103 000
Net Income	1 391 000	1 426 000	644 000	2 198 000
Total Assets	10 714 000	9 660 000	8 119 000	8 152 000
Total Equity	7 120 000	6 229 000	4 803 000	5 059 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 903 000	14 814 000	10 277 000	13 103 000
Expenditure	10 074 000	12 908 000	9 460 000	10 293 000
Operating Profit	1 828 000	1 906 000	817 000	2 811 000
Financial Income	54 000	35 000	37 000	59 000
Financial Costs	87 000	70 000	64 000	56 000
Financial Balance	−33 000	−35 000	−27 000	3 000
Earnings Before Tax	1 795 000	1 871 000	790 000	2 814 000
Tax	404 000	445 000	146 000	616 000
Net Income	1 391 000	1 426 000	644 000	2 198 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 463 000	1 415 000	1 210 000	1 081 000
Total Current Assets	9 251 000	8 245 000	6 909 000	7 071 000
Total Assets	10 714 000	9 660 000	8 119 000	8 152 000
Total Retained Equity	6 920 000	6 029 000	4 603 000	4 859 000
Total Equity	7 120 000	6 229 000	4 803 000	5 059 000
Total Long-Term Debt	802 000	941 000	971 000	735 000
Total Current Debt	2 792 000	2 490 000	2 345 000	2 358 000
Total Equity and Debt	10 714 000	9 660 000	8 119 000	8 152 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 902 000	14 803 000	10 150 000	13 086 000
Other Income	0	11 000	127 000	18 000
Revenue	11 903 000	14 814 000	10 277 000	13 103 000
Cost of Goods Sold	4 534 000	7 527 000	5 536 000	6 630 000
Salary Costs	3 151 000	3 247 000	2 133 000	1 609 000
Depreciation	365 000	301 000	213 000	193 000
Impairment	0	0	0	0
Expenditure	10 074 000	12 908 000	9 460 000	10 293 000
Operating Profit	1 828 000	1 906 000	817 000	2 811 000
Financial Income	54 000	35 000	37 000	59 000
Financial Costs	87 000	70 000	64 000	56 000
Financial Balance	−33 000	−35 000	−27 000	3 000
Dividends	500 000	0	900 000	900 000
Net Income	1 391 000	1 426 000	644 000	2 198 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 059 000	1 357 000	1 184 000	1 076 000
Fixtures	403 000	58 000	26 000	5 000
Total Tangible Assets	1 463 000	1 415 000	1 210 000	1 081 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 463 000	1 415 000	1 210 000	1 081 000
Stock	5 315 000	3 455 000	3 048 000	3 083 000
Total Investments	0	0	0	0
Cash, Bank	2 490 000	3 018 000	2 402 000	3 003 000
Total Current Assets	9 251 000	8 245 000	6 909 000	7 071 000
Total Assets	10 714 000	9 660 000	8 119 000	8 152 000
Total Equity	7 120 000	6 229 000	4 803 000	5 059 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	802 000	941 000	971 000	735 000
Creditors	718 000	460 000	286 000	39 000
Unpaid Taxes	678 000	892 000	598 000	454 000
Dividends	500 000	0	900 000	900 000
Other Current Debt	492 000	693 000	414 000	349 000
Total Current Debt	2 792 000	2 490 000	2 345 000	2 358 000
Total Equity and Debt	10 714 000	9 660 000	8 119 000	8 152 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,54 %	22,89 %	13,41 %	43,45 %
Debt-to-Equity Ratio	0,11	0,15	0,2	0,15
Operating Profit Margin	15,36 %	12,87 %	7,95 %	21,45 %
Current Ratio	3,31	3,31	2,95	3
Quick Ratio	−3,67	−8,54	−9,83	−9,75
Equity Ratio	0,66	0,64	0,59	0,62
Gross Profit Margin	61,91 %	49,19 %	46,13 %	49,4 %