TECHSTEP NORWAY AS

0667 OSLO

Finances

Return on Equity

7,58 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	781 279 000	783 321 000	748 771 000	791 705 000
Net Income	9 664 000	12 199 000	19 983 000	12 424 000
Total Assets	315 317 000	376 835 000	231 817 000	259 323 000
Total Equity	127 438 000	117 774 000	79 910 000	76 942 000

Income (NOK)	2022	2021	2020	2019
Revenue	781 279 000	783 321 000	748 771 000	791 705 000
Expenditure	768 781 000	766 671 000	721 849 000	776 665 000
Operating Profit	12 498 000	16 649 000	26 923 000	15 040 000
Financial Income	1 367 000	2 563 000	1 746 000	3 814 000
Financial Costs	1 367 000	3 598 000	3 452 000	3 721 000
Financial Balance	0	−1 035 000	−1 706 000	93 000
Earnings Before Tax	12 498 000	15 614 000	25 217 000	15 134 000
Tax	2 834 000	3 415 000	5 234 000	2 710 000
Net Income	9 664 000	12 199 000	19 983 000	12 424 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	120 997 000	143 073 000	106 024 000	104 283 000
Total Current Assets	194 320 000	233 762 000	125 793 000	155 041 000
Total Assets	315 317 000	376 835 000	231 817 000	259 323 000
Total Retained Equity	−322 331 000	−331 242 000	−2 463 000	−8 208 000
Total Equity	127 438 000	117 774 000	79 910 000	76 942 000
Total Long-Term Debt	85 000	11 946 000	2 972 000	8 608 000
Total Current Debt	187 793 000	247 115 000	148 935 000	173 773 000
Total Equity and Debt	315 317 000	376 835 000	231 817 000	259 323 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	761 679 000	783 234 000	748 661 000	791 527 000
Other Income	19 600 000	86 000	110 000	177 000
Revenue	781 279 000	783 321 000	748 771 000	791 705 000
Cost of Goods Sold	626 033 000	632 085 000	594 099 000	616 229 000
Salary Costs	105 642 000	117 496 000	90 276 000	105 104 000
Depreciation	9 938 000	12 631 000	3 527 000	5 494 000
Impairment	0	0	0	0
Expenditure	768 781 000	766 671 000	721 849 000	776 665 000
Operating Profit	12 498 000	16 649 000	26 923 000	15 040 000
Financial Income	1 367 000	2 563 000	1 746 000	3 814 000
Financial Costs	1 367 000	3 598 000	3 452 000	3 721 000
Financial Balance	0	−1 035 000	−1 706 000	93 000
Dividends	0	0	0	0
Net Income	9 664 000	12 199 000	19 983 000	12 424 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	93 184 000	93 184 000	93 184 000	93 184 000
Total Intangible Assets	118 100 000	126 166 000	101 987 000	98 837 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 752 000	16 762 000	3 887 000	5 243 000
Total Tangible Assets	2 752 000	16 762 000	3 887 000	5 243 000
Total Fiancial Fixed Assets	144 000	144 000	150 000	202 000
Total Fixed Assets	120 997 000	143 073 000	106 024 000	104 283 000
Stock	383 000	0	0	1 157 000
Total Investments	0	0	0	0
Cash, Bank	5 354 000	5 998 000	3 357 000	4 408 000
Total Current Assets	194 320 000	233 762 000	125 793 000	155 041 000
Total Assets	315 317 000	376 835 000	231 817 000	259 323 000
Total Equity	127 438 000	117 774 000	79 910 000	76 942 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	85 000	11 946 000	2 972 000	8 608 000
Creditors	102 030 000	122 640 000	88 121 000	74 524 000
Unpaid Taxes	12 890 000	14 303 000	12 028 000	13 205 000
Dividends	0	0	0	0
Other Current Debt	72 873 000	110 127 000	48 633 000	32 678 000
Total Current Debt	187 793 000	247 115 000	148 935 000	173 773 000
Total Equity and Debt	315 317 000	376 835 000	231 817 000	259 323 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,58 %	10,36 %	25,01 %	16,15 %
Debt-to-Equity Ratio	0	0,1	0,04	0,11
Operating Profit Margin	1,6 %	2,13 %	3,6 %	1,9 %
Current Ratio	1,03	0,95	0,84	0,89
Quick Ratio	1,04	0,95	0,84	0,9
Equity Ratio	0,4	0,31	0,34	0,3
Gross Profit Margin	19,87 %	19,31 %	20,66 %	22,16 %