TECON AS

1621 GRESSVIK

Finances

Return on Equity

24,65 %

Current Ratio

2,29

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 224 000	855 000	1 190 000	617 000
Net Income	175 000	154 000	259 000	−1 000
Total Assets	1 137 000	1 327 000	1 332 000	754 000
Total Equity	710 000	735 000	581 000	322 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 224 000	855 000	1 190 000	617 000
Expenditure	1 374 000	492 000	851 000	613 000
Operating Profit	94 000	197 000	338 000	4 000
Financial Income	153 000	0	0	8 000
Financial Costs	23 000	0	6 000	14 000
Financial Balance	130 000	0	−6 000	−6 000
Earnings Before Tax	225 000	197 000	332 000	−2 000
Tax	49 000	43 000	73 000	0
Net Income	175 000	154 000	259 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	175 000	175 000	175 000	347 000
Total Current Assets	962 000	1 152 000	1 156 000	407 000
Total Assets	1 137 000	1 327 000	1 332 000	754 000
Total Retained Equity	610 000	635 000	481 000	222 000
Total Equity	710 000	735 000	581 000	322 000
Total Long-Term Debt	8 000	9 000	8 000	198 000
Total Current Debt	420 000	584 000	743 000	233 000
Total Equity and Debt	1 137 000	1 327 000	1 332 000	754 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 224 000	855 000	1 180 000	617 000
Other Income	0	0	10 000	0
Revenue	1 224 000	855 000	1 190 000	617 000
Cost of Goods Sold	1 124 000	283 000	672 000	363 000
Salary Costs	4 000	1 000	4 000	11 000
Depreciation	0	0	0	42 000
Impairment	0	0	0	0
Expenditure	1 374 000	492 000	851 000	613 000
Operating Profit	94 000	197 000	338 000	4 000
Financial Income	153 000	0	0	8 000
Financial Costs	23 000	0	6 000	14 000
Financial Balance	130 000	0	−6 000	−6 000
Dividends	200 000	0	0	0
Net Income	175 000	154 000	259 000	−1 000

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	0	0	0	0
Fixtures	0	0	0	172 000
Total Tangible Assets	0	0	0	172 000
Total Fiancial Fixed Assets	175 000	175 000	175 000	175 000
Total Fixed Assets	175 000	175 000	175 000	347 000
Stock	200 000	288 000	241 000	241 000
Total Investments	0	0	0	0
Cash, Bank	603 000	758 000	734 000	3 000
Total Current Assets	962 000	1 152 000	1 156 000	407 000
Total Assets	1 137 000	1 327 000	1 332 000	754 000
Total Equity	710 000	735 000	581 000	322 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	9 000	8 000	198 000
Creditors	25 000	−103 000	−29 000	12 000
Unpaid Taxes	0	0	0	2 000
Dividends	200 000	0	0	0
Other Current Debt	144 000	644 000	699 000	205 000
Total Current Debt	420 000	584 000	743 000	233 000
Total Equity and Debt	1 137 000	1 327 000	1 332 000	754 000

Financial indicators	2022	2021	2020	2019
Return on Equity	24,65 %	20,95 %	44,58 %	−0,31 %
Debt-to-Equity Ratio	0,01	0,01	0,01	0,61
Operating Profit Margin	7,68 %	23,04 %	28,4 %	0,65 %
Current Ratio	2,29	1,97	1,56	1,75
Quick Ratio	4,37	3,89	2,3	−50,88
Equity Ratio	0,62	0,55	0,44	0,43
Gross Profit Margin	8,17 %	66,9 %	43,53 %	41,17 %