TECHSTEP ASA

0667 OSLO

Finances

Return on Equity

−12,01 %

Current Ratio

0,55

Debt-to-Equity Ratio

0,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 323 126 000	1 305 112 000	1 142 866 000	1 132 059 000
Net Income	−68 615 000	−102 660 000	−23 557 000	−64 331 000
Total Assets	1 323 300 000	1 314 655 000	1 199 132 000	817 191 000
Total Equity	571 520 000	554 312 000	563 451 000	455 969 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 323 126 000	1 305 112 000	1 142 866 000	1 132 059 000
Expenditure	1 375 331 000	1 415 635 000	1 153 636 000	1 212 252 000
Operating Profit	−52 205 000	−110 523 000	−10 770 000	−80 193 000
Financial Income	5 601 000	12 232 000	5 760 000	23 751 000
Financial Costs	17 566 000	20 460 000	11 822 000	5 948 000
Financial Balance	−11 965 000	−8 228 000	−6 062 000	17 803 000
Earnings Before Tax	−64 170 000	−118 751 000	−16 832 000	−62 390 000
Tax	4 445 000	−16 091 000	6 725 000	1 941 000
Net Income	−68 615 000	−102 660 000	−23 557 000	−64 331 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	991 176 000	958 768 000	907 094 000	592 298 000
Total Current Assets	332 124 000	355 887 000	292 038 000	224 893 000
Total Assets	1 323 300 000	1 314 655 000	1 199 132 000	817 191 000
Total Retained Equity	266 389 000	344 682 000	380 156 000	0
Total Equity	571 520 000	554 312 000	563 451 000	455 969 000
Total Long-Term Debt	148 756 000	155 352 000	190 686 000	52 333 000
Total Current Debt	603 024 000	604 991 000	444 994 000	308 888 000
Total Equity and Debt	1 323 300 000	1 314 655 000	1 199 131 000	817 190 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 323 115 000	1 303 192 000	1 138 943 000	1 127 763 000
Other Income	11 000	1 920 000	3 923 000	4 296 000
Revenue	1 323 126 000	1 305 112 000	1 142 866 000	1 132 059 000
Cost of Goods Sold	863 007 000	845 305 000	764 579 000	852 722 000
Salary Costs	265 027 000	281 620 000	208 243 000	187 994 000
Depreciation	109 222 000	108 229 000	115 224 000	85 214 000
Impairment	0	0	0	22 018 000
Expenditure	1 375 331 000	1 415 635 000	1 153 636 000	1 212 252 000
Operating Profit	−52 205 000	−110 523 000	−10 770 000	−80 193 000
Financial Income	5 601 000	12 232 000	5 760 000	23 751 000
Financial Costs	17 566 000	20 460 000	11 822 000	5 948 000
Financial Balance	−11 965 000	−8 228 000	−6 062 000	17 803 000
Dividends	0	0	0	0
Net Income	−68 615 000	−102 660 000	−23 557 000	−64 331 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	783 379 000	775 763 000	571 372 000	480 286 000
Total Intangible Assets	789 849 000	777 912 000	733 264 000	480 286 000
Real Eastate	198 063 000	179 042 000	173 617 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	111 787 000
Total Tangible Assets	198 063 000	179 042 000	173 617 000	111 787 000
Total Fiancial Fixed Assets	3 264 000	1 814 000	213 000	225 000
Total Fixed Assets	991 176 000	958 768 000	907 094 000	592 298 000
Stock	23 431 000	19 391 000	28 158 000	11 828 000
Total Investments	0	0	0	0
Cash, Bank	61 119 000	50 350 000	27 203 000	49 550 000
Total Current Assets	332 124 000	355 887 000	292 038 000	224 893 000
Total Assets	1 323 300 000	1 314 655 000	1 199 132 000	817 191 000
Total Equity	571 520 000	554 312 000	563 451 000	455 969 000
Short-Term Group Debt	0	0	0	116 820 000
Total Long-Term Debt	148 756 000	155 352 000	190 686 000	52 333 000
Creditors	205 797 000	193 833 000	154 442 000	122 328 000
Unpaid Taxes	41 100 000	39 577 000	39 756 000	22 381 000
Dividends	0	0	0	0
Other Current Debt	352 812 000	370 928 000	166 044 000	0
Total Current Debt	603 024 000	604 991 000	444 994 000	308 888 000
Total Equity and Debt	1 323 300 000	1 314 655 000	1 199 131 000	817 190 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−12,01 %	−18,52 %	−4,18 %	−14,11 %
Debt-to-Equity Ratio	0,26	0,28	0,34	0,11
Operating Profit Margin	−3,95 %	−8,47 %	−0,94 %	−7,08 %
Current Ratio	0,55	0,59	0,66	0,73
Quick Ratio	0,57	0,61	0,7	0,76
Equity Ratio	0,43	0,42	0,47	0,56
Gross Profit Margin	34,78 %	35,23 %	33,1 %	24,68 %