TECO ELECTRONICS AS

3713 SKIEN

Finances

Share Ownership

Return on Equity

50,68 %

Current Ratio

1,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 527 000	10 912 000	16 578 000	15 311 000
Net Income	1 039 000	672 000	1 974 000	1 946 000
Total Assets	6 292 000	5 424 000	6 720 000	7 665 000
Total Equity	2 050 000	2 046 000	2 690 000	2 396 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 527 000	10 912 000	16 578 000	15 311 000
Expenditure	12 263 000	10 108 000	14 242 000	12 963 000
Operating Profit	1 263 000	805 000	2 336 000	2 349 000
Financial Income	123 000	74 000	296 000	188 000
Financial Costs	52 000	15 000	98 000	36 000
Financial Balance	71 000	59 000	198 000	152 000
Earnings Before Tax	1 334 000	863 000	2 535 000	2 501 000
Tax	296 000	191 000	561 000	555 000
Net Income	1 039 000	672 000	1 974 000	1 946 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 495 000	1 583 000	1 152 000	1 014 000
Total Current Assets	4 797 000	3 841 000	5 568 000	6 651 000
Total Assets	6 292 000	5 424 000	6 720 000	7 665 000
Total Retained Equity	349 000	345 000	989 000	695 000
Total Equity	2 050 000	2 046 000	2 690 000	2 396 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 242 000	3 378 000	4 030 000	5 269 000
Total Equity and Debt	6 292 000	5 424 000	6 720 000	7 665 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 527 000	10 908 000	16 578 000	15 311 000
Other Income	0	4 000	0	0
Revenue	13 527 000	10 912 000	16 578 000	15 311 000
Cost of Goods Sold	3 874 000	2 795 000	6 077 000	5 582 000
Salary Costs	6 184 000	5 544 000	6 546 000	5 552 000
Depreciation	17 000	15 000	10 000	0
Impairment	0	0	0	0
Expenditure	12 263 000	10 108 000	14 242 000	12 963 000
Operating Profit	1 263 000	805 000	2 336 000	2 349 000
Financial Income	123 000	74 000	296 000	188 000
Financial Costs	52 000	15 000	98 000	36 000
Financial Balance	71 000	59 000	198 000	152 000
Dividends	0	0	0	0
Net Income	1 039 000	672 000	1 974 000	1 946 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	6 000	13 000	466 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	19 000	21 000	0	0
Fixtures	87 000	45 000	58 000	0
Total Tangible Assets	105 000	65 000	58 000	0
Total Fiancial Fixed Assets	1 388 000	1 512 000	1 081 000	548 000
Total Fixed Assets	1 495 000	1 583 000	1 152 000	1 014 000
Stock	870 000	704 000	655 000	624 000
Total Investments	0	0	0	0
Cash, Bank	1 567 000	1 102 000	3 134 000	1 269 000
Total Current Assets	4 797 000	3 841 000	5 568 000	6 651 000
Total Assets	6 292 000	5 424 000	6 720 000	7 665 000
Total Equity	2 050 000	2 046 000	2 690 000	2 396 000
Short-Term Group Debt	1 336 000	1 510 000	1 787 000	2 400 000
Total Long-Term Debt	0	0	0	0
Creditors	1 007 000	424 000	258 000	915 000
Unpaid Taxes	598 000	483 000	529 000	348 000
Dividends	0	0	0	0
Other Current Debt	1 297 000	933 000	1 447 000	1 597 000
Total Current Debt	4 242 000	3 378 000	4 030 000	5 269 000
Total Equity and Debt	6 292 000	5 424 000	6 720 000	7 665 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,68 %	32,84 %	73,38 %	81,22 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	9,34 %	7,38 %	14,09 %	15,34 %
Current Ratio	1,13	1,14	1,38	1,26
Quick Ratio	1,42	1,44	1,65	1,43
Equity Ratio	0,33	0,38	0,4	0,31
Gross Profit Margin	71,36 %	74,39 %	63,34 %	63,54 %