TIDETEC AS

0164 OSLO

Finances

Share Ownership

Return on Equity

1 758,33 %

Current Ratio

0,45

Debt-to-Equity Ratio

0,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 069 000	3 282 000	1 227 000	136 000
Net Income	844 000	−4 234 000	−1 533 000	−506 000
Total Assets	1 298 000	3 372 000	4 494 000	1 365 000
Total Equity	48 000	−1 103 000	181 000	214 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 069 000	3 282 000	1 227 000	136 000
Expenditure	2 225 000	7 515 000	2 720 000	629 000
Operating Profit	843 000	−4 233 000	−1 493 000	−492 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	0	1 000	40 000	16 000
Financial Balance	1 000	−1 000	−39 000	−14 000
Earnings Before Tax	844 000	−4 234 000	−1 533 000	−506 000
Tax	0	0	0	0
Net Income	844 000	−4 234 000	−1 533 000	−506 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	739 000	786 000	710 000	688 000
Total Current Assets	559 000	2 586 000	3 784 000	677 000
Total Assets	1 298 000	3 372 000	4 494 000	1 365 000
Total Retained Equity	−3 654 000	−4 498 000	−264 000	−16 451 000
Total Equity	48 000	−1 103 000	181 000	214 000
Total Long-Term Debt	7 000	0	0	265 000
Total Current Debt	1 242 000	4 474 000	4 312 000	886 000
Total Equity and Debt	1 298 000	3 372 000	4 494 000	1 365 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	443 000	50 000	161 000	123 000
Other Income	2 626 000	3 231 000	1 067 000	13 000
Revenue	3 069 000	3 282 000	1 227 000	136 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 544 000	3 944 000	1 722 000	244 000
Depreciation	47 000	41 000	2 000	0
Impairment	0	0	0	0
Expenditure	2 225 000	7 515 000	2 720 000	629 000
Operating Profit	843 000	−4 233 000	−1 493 000	−492 000
Financial Income	1 000	0	1 000	2 000
Financial Costs	0	1 000	40 000	16 000
Financial Balance	1 000	−1 000	−39 000	−14 000
Dividends	0	0	0	0
Net Income	844 000	−4 234 000	−1 533 000	−506 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	688 000	688 000	688 000	688 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	51 000	98 000	22 000	0
Total Tangible Assets	51 000	98 000	22 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	739 000	786 000	710 000	688 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	538 000	2 065 000	3 600 000	174 000
Total Current Assets	559 000	2 586 000	3 784 000	677 000
Total Assets	1 298 000	3 372 000	4 494 000	1 365 000
Total Equity	48 000	−1 103 000	181 000	214 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 000	0	0	265 000
Creditors	61 000	1 087 000	38 000	28 000
Unpaid Taxes	118 000	321 000	207 000	410 000
Dividends	0	0	0	0
Other Current Debt	1 063 000	3 066 000	4 067 000	448 000
Total Current Debt	1 242 000	4 474 000	4 312 000	886 000
Total Equity and Debt	1 298 000	3 372 000	4 494 000	1 365 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 758,33 %	383,86 %	−846,96 %	−236,45 %
Debt-to-Equity Ratio	0,15	−0	0	1,24
Operating Profit Margin	27,47 %	−128,98 %	−121,68 %	−361,76 %
Current Ratio	0,45	0,58	0,88	0,76
Quick Ratio	0,45	0,58	0,88	0,76
Equity Ratio	0,04	−0,33	0,04	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %