TECHPIPE AS

4156 MOSTERØY

Finances

Return on Equity

18,75 %

Current Ratio

3,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 653 000	1 592 000	1 670 000	1 345 000
Net Income	318 000	464 000	533 000	573 000
Total Assets	2 092 000	2 058 000	1 915 000	1 374 000
Total Equity	1 696 000	1 679 000	1 215 000	982 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 653 000	1 592 000	1 670 000	1 345 000
Expenditure	1 205 000	1 049 000	1 057 000	720 000
Operating Profit	448 000	543 000	613 000	625 000
Financial Income	1 000	40 000	55 000	62 000
Financial Costs	33 000	0	1 000	0
Financial Balance	−32 000	40 000	54 000	62 000
Earnings Before Tax	416 000	583 000	667 000	687 000
Tax	99 000	120 000	135 000	113 000
Net Income	318 000	464 000	533 000	573 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	826 000	981 000	430 000	384 000
Total Current Assets	1 266 000	1 077 000	1 486 000	991 000
Total Assets	2 092 000	2 058 000	1 915 000	1 374 000
Total Retained Equity	1 596 000	1 579 000	1 115 000	882 000
Total Equity	1 696 000	1 679 000	1 215 000	982 000
Total Long-Term Debt	8 000	14 000	1 000	2 000
Total Current Debt	387 000	365 000	700 000	390 000
Total Equity and Debt	2 092 000	2 058 000	1 915 000	1 374 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 653 000	1 592 000	1 670 000	1 345 000
Other Income	0	0	0	0
Revenue	1 653 000	1 592 000	1 670 000	1 345 000
Cost of Goods Sold	117 000	163 000	119 000	43 000
Salary Costs	868 000	735 000	844 000	547 000
Depreciation	123 000	58 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	1 205 000	1 049 000	1 057 000	720 000
Operating Profit	448 000	543 000	613 000	625 000
Financial Income	1 000	40 000	55 000	62 000
Financial Costs	33 000	0	1 000	0
Financial Balance	−32 000	40 000	54 000	62 000
Dividends	0	0	300 000	0
Net Income	318 000	464 000	533 000	573 000

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	414 000	537 000	26 000	35 000
Total Tangible Assets	414 000	537 000	26 000	35 000
Total Fiancial Fixed Assets	412 000	444 000	404 000	349 000
Total Fixed Assets	826 000	981 000	430 000	384 000
Stock	240 000	257 000	322 000	298 000
Total Investments	0	0	0	0
Cash, Bank	1 026 000	820 000	1 164 000	693 000
Total Current Assets	1 266 000	1 077 000	1 486 000	991 000
Total Assets	2 092 000	2 058 000	1 915 000	1 374 000
Total Equity	1 696 000	1 679 000	1 215 000	982 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	14 000	1 000	2 000
Creditors	0	0	0	0
Unpaid Taxes	129 000	103 000	109 000	123 000
Dividends	0	0	300 000	0
Other Current Debt	154 000	155 000	155 000	157 000
Total Current Debt	387 000	365 000	700 000	390 000
Total Equity and Debt	2 092 000	2 058 000	1 915 000	1 374 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,75 %	27,64 %	43,87 %	58,35 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	27,1 %	34,11 %	36,71 %	46,47 %
Current Ratio	3,27	2,95	2,12	2,54
Quick Ratio	8,61	9,97	3,93	10,77
Equity Ratio	0,81	0,82	0,63	0,71
Gross Profit Margin	92,92 %	89,76 %	92,87 %	96,8 %