TEXI ELECTRONICS AS

3183 HORTEN

Finances

Share Ownership

Return on Equity

5,8 %

Current Ratio

2,04

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 512 000	15 418 000	15 643 000	12 391 000
Net Income	185 000	197 000	1 021 000	422 000
Total Assets	6 207 000	5 152 000	6 735 000	5 855 000
Total Equity	3 188 000	3 003 000	2 805 000	1 785 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 512 000	15 418 000	15 643 000	12 391 000
Expenditure	18 233 000	15 149 000	14 274 000	11 803 000
Operating Profit	280 000	270 000	1 370 000	587 000
Financial Income	7 000	22 000	19 000	14 000
Financial Costs	45 000	38 000	79 000	59 000
Financial Balance	−38 000	−16 000	−60 000	−45 000
Earnings Before Tax	242 000	253 000	1 309 000	542 000
Tax	56 000	56 000	289 000	120 000
Net Income	185 000	197 000	1 021 000	422 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	44 000	66 000	89 000	54 000
Total Current Assets	6 162 000	5 086 000	6 646 000	5 801 000
Total Assets	6 207 000	5 152 000	6 735 000	5 855 000
Total Retained Equity	2 688 000	2 503 000	2 305 000	1 285 000
Total Equity	3 188 000	3 003 000	2 805 000	1 785 000
Total Long-Term Debt	0	3 000	723 000	873 000
Total Current Debt	3 018 000	2 146 000	3 207 000	3 197 000
Total Equity and Debt	6 207 000	5 152 000	6 735 000	5 855 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 512 000	15 418 000	15 546 000	12 326 000
Other Income	0	0	98 000	64 000
Revenue	18 512 000	15 418 000	15 643 000	12 391 000
Cost of Goods Sold	10 491 000	7 572 000	7 741 000	7 034 000
Salary Costs	6 635 000	6 493 000	5 463 000	3 481 000
Depreciation	19 000	25 000	15 000	80 000
Impairment	0	0	0	0
Expenditure	18 233 000	15 149 000	14 274 000	11 803 000
Operating Profit	280 000	270 000	1 370 000	587 000
Financial Income	7 000	22 000	19 000	14 000
Financial Costs	45 000	38 000	79 000	59 000
Financial Balance	−38 000	−16 000	−60 000	−45 000
Dividends	0	0	0	0
Net Income	185 000	197 000	1 021 000	422 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	2 000	1 000	21 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	2 000	6 000	15 000	27 000
Fixtures	43 000	58 000	73 000	5 000
Total Tangible Assets	44 000	63 000	88 000	33 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	44 000	66 000	89 000	54 000
Stock	3 987 000	3 572 000	3 881 000	2 953 000
Total Investments	0	0	0	0
Cash, Bank	430 000	214 000	244 000	180 000
Total Current Assets	6 162 000	5 086 000	6 646 000	5 801 000
Total Assets	6 207 000	5 152 000	6 735 000	5 855 000
Total Equity	3 188 000	3 003 000	2 805 000	1 785 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	723 000	873 000
Creditors	1 487 000	520 000	973 000	2 272 000
Unpaid Taxes	877 000	870 000	943 000	508 000
Dividends	0	0	0	0
Other Current Debt	601 000	624 000	525 000	379 000
Total Current Debt	3 018 000	2 146 000	3 207 000	3 197 000
Total Equity and Debt	6 207 000	5 152 000	6 735 000	5 855 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,8 %	6,56 %	36,4 %	23,64 %
Debt-to-Equity Ratio	0	0	0,26	0,49
Operating Profit Margin	1,51 %	1,75 %	8,76 %	4,74 %
Current Ratio	2,04	2,37	2,07	1,81
Quick Ratio	−6,36	−3,57	−9,86	23,77
Equity Ratio	0,51	0,58	0,42	0,3
Gross Profit Margin	43,33 %	50,89 %	50,51 %	43,23 %