TESSTA ELECTRONIC AS

1473 LØRENSKOG

Finances

Share Ownership

Return on Equity

46,05 %

Current Ratio

1,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 502 000	3 970 000	3 844 000	3 594 000
Net Income	1 485 000	492 000	498 000	239 000
Total Assets	7 384 000	3 723 000	3 417 000	2 926 000
Total Equity	3 225 000	2 140 000	2 449 000	2 151 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 502 000	3 970 000	3 844 000	3 594 000
Expenditure	5 615 000	3 348 000	3 240 000	3 317 000
Operating Profit	1 887 000	622 000	605 000	278 000
Financial Income	22 000	8 000	33 000	29 000
Financial Costs	4 000	0	0	0
Financial Balance	18 000	8 000	33 000	29 000
Earnings Before Tax	1 904 000	630 000	638 000	307 000
Tax	420 000	139 000	140 000	67 000
Net Income	1 485 000	492 000	498 000	239 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 000	21 000	31 000	4 000
Total Current Assets	7 327 000	3 702 000	3 386 000	2 922 000
Total Assets	7 384 000	3 723 000	3 417 000	2 926 000
Total Retained Equity	2 825 000	1 740 000	2 049 000	1 751 000
Total Equity	3 225 000	2 140 000	2 449 000	2 151 000
Total Long-Term Debt	2 000	2 000	6 000	6 000
Total Current Debt	4 157 000	1 581 000	962 000	769 000
Total Equity and Debt	7 384 000	3 723 000	3 417 000	2 926 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 502 000	3 949 000	3 822 000	3 594 000
Other Income	0	21 000	22 000	0
Revenue	7 502 000	3 970 000	3 844 000	3 594 000
Cost of Goods Sold	3 836 000	1 472 000	1 357 000	1 396 000
Salary Costs	1 241 000	1 325 000	1 345 000	1 374 000
Depreciation	14 000	10 000	3 000	0
Impairment	0	0	0	0
Expenditure	5 615 000	3 348 000	3 240 000	3 317 000
Operating Profit	1 887 000	622 000	605 000	278 000
Financial Income	22 000	8 000	33 000	29 000
Financial Costs	4 000	0	0	0
Financial Balance	18 000	8 000	33 000	29 000
Dividends	400 000	400 000	200 000	200 000
Net Income	1 485 000	492 000	498 000	239 000

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	58 000	17 000	27 000	0
Total Tangible Assets	58 000	17 000	27 000	0
Total Fiancial Fixed Assets	0	4 000	4 000	4 000
Total Fixed Assets	58 000	21 000	31 000	4 000
Stock	95 000	100 000	100 000	74 000
Total Investments	0	0	0	0
Cash, Bank	7 029 000	3 200 000	3 126 000	2 595 000
Total Current Assets	7 327 000	3 702 000	3 386 000	2 922 000
Total Assets	7 384 000	3 723 000	3 417 000	2 926 000
Total Equity	3 225 000	2 140 000	2 449 000	2 151 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	2 000	6 000	6 000
Creditors	2 284 000	233 000	170 000	129 000
Unpaid Taxes	926 000	263 000	310 000	235 000
Dividends	400 000	400 000	200 000	200 000
Other Current Debt	127 000	542 000	142 000	135 000
Total Current Debt	4 157 000	1 581 000	962 000	769 000
Total Equity and Debt	7 384 000	3 723 000	3 417 000	2 926 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,05 %	22,99 %	20,33 %	11,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25,15 %	15,67 %	15,74 %	7,74 %
Current Ratio	1,76	2,34	3,52	3,8
Quick Ratio	1,8	2,5	3,93	4,2
Equity Ratio	0,44	0,57	0,72	0,74
Gross Profit Margin	48,87 %	62,92 %	64,7 %	61,16 %