TEC INVEST AS

3580 GEILO

Finances

Return on Equity

82,12 %

Current Ratio

1,43

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	241 648 000	4 387 000	2 486 000	1 518 000
Net Income	17 447 000	3 743 000	3 096 000	40 000
Total Assets	60 340 000	17 316 000	14 565 000	12 588 000
Total Equity	21 246 000	16 366 000	13 923 000	11 828 000

Income (NOK)	2022	2021	2020	2019
Revenue	241 648 000	4 387 000	2 486 000	1 518 000
Expenditure	220 095 000	2 322 000	2 132 000	1 797 000
Operating Profit	21 553 000	2 066 000	354 000	−278 000
Financial Income	1 577 000	1 960 000	2 742 000	318 000
Financial Costs	816 000	0	1 000	0
Financial Balance	761 000	1 960 000	2 741 000	318 000
Earnings Before Tax	22 313 000	4 026 000	3 096 000	40 000
Tax	4 867 000	283 000	0	0
Net Income	17 447 000	3 743 000	3 096 000	40 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 316 000	11 522 000	11 526 000	11 428 000
Total Current Assets	55 024 000	5 794 000	3 039 000	1 160 000
Total Assets	60 340 000	17 316 000	14 565 000	12 588 000
Total Retained Equity	21 146 000	16 266 000	13 823 000	11 728 000
Total Equity	21 246 000	16 366 000	13 923 000	11 828 000
Total Long-Term Debt	510 000	2 000	0	0
Total Current Debt	38 585 000	947 000	641 000	760 000
Total Equity and Debt	60 340 000	17 316 000	14 565 000	12 588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	241 648 000	4 387 000	2 486 000	1 518 000
Other Income	0	0	0	0
Revenue	241 648 000	4 387 000	2 486 000	1 518 000
Cost of Goods Sold	103 213 000	0	0	0
Salary Costs	70 120 000	1 713 000	1 584 000	1 474 000
Depreciation	206 000	4 000	4 000	3 000
Impairment	0	0	0	0
Expenditure	220 095 000	2 322 000	2 132 000	1 797 000
Operating Profit	21 553 000	2 066 000	354 000	−278 000
Financial Income	1 577 000	1 960 000	2 742 000	318 000
Financial Costs	816 000	0	1 000	0
Financial Balance	761 000	1 960 000	2 741 000	318 000
Dividends	0	1 300 000	1 000 000	0
Net Income	17 447 000	3 743 000	3 096 000	40 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	16 000	0	0	0
Total Intangible Assets	21 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	440 000	112 000	116 000	18 000
Total Tangible Assets	440 000	112 000	116 000	18 000
Total Fiancial Fixed Assets	4 855 000	11 410 000	11 410 000	11 410 000
Total Fixed Assets	5 316 000	11 522 000	11 526 000	11 428 000
Stock	0	0	0	0
Total Investments	211 000	0	0	0
Cash, Bank	37 563 000	3 763 000	2 804 000	1 160 000
Total Current Assets	55 024 000	5 794 000	3 039 000	1 160 000
Total Assets	60 340 000	17 316 000	14 565 000	12 588 000
Total Equity	21 246 000	16 366 000	13 923 000	11 828 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	510 000	2 000	0	0
Creditors	13 682 000	0	0	0
Unpaid Taxes	7 622 000	294 000	288 000	349 000
Dividends	0	1 300 000	1 000 000	0
Other Current Debt	12 411 000	372 000	354 000	410 000
Total Current Debt	38 585 000	947 000	641 000	760 000
Total Equity and Debt	60 340 000	17 316 000	14 565 000	12 588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	82,12 %	22,87 %	22,24 %	0,34 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	8,92 %	47,09 %	14,24 %	−18,31 %
Current Ratio	1,43	6,12	4,74	1,53
Quick Ratio	1,43	6,12	4,74	1,53
Equity Ratio	0,35	0,95	0,96	0,94
Gross Profit Margin	57,29 %	100 %	100 %	100 %