TECHTOOL AS

4029 STAVANGER

Finances

Return on Equity

26,47 %

Current Ratio

2,11

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	140 000	168 000	779 000	135 000
Net Income	428 000	3 689 000	890 000	558 000
Total Assets	2 187 000	3 880 000	2 230 000	1 770 000
Total Equity	1 617 000	2 289 000	1 841 000	1 351 000

Income (NOK)	2022	2021	2020	2019
Revenue	140 000	168 000	779 000	135 000
Expenditure	20 000	16 000	21 000	29 000
Operating Profit	120 000	152 000	758 000	106 000
Financial Income	782 000	4 026 000	300 000	479 000
Financial Costs	438 000	446 000	0	0
Financial Balance	344 000	3 580 000	300 000	479 000
Earnings Before Tax	464 000	3 731 000	1 059 000	585 000
Tax	35 000	42 000	169 000	27 000
Net Income	428 000	3 689 000	890 000	558 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	984 000	984 000	1 984 000	1 356 000
Total Current Assets	1 203 000	2 896 000	246 000	414 000
Total Assets	2 187 000	3 880 000	2 230 000	1 770 000
Total Retained Equity	1 517 000	2 189 000	1 741 000	1 251 000
Total Equity	1 617 000	2 289 000	1 841 000	1 351 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	570 000	1 591 000	389 000	419 000
Total Equity and Debt	2 187 000	3 880 000	2 230 000	1 770 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	140 000	168 000	779 000	135 000
Other Income	0	0	0	0
Revenue	140 000	168 000	779 000	135 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	2 000	6 000
Impairment	0	0	0	0
Expenditure	20 000	16 000	21 000	29 000
Operating Profit	120 000	152 000	758 000	106 000
Financial Income	782 000	4 026 000	300 000	479 000
Financial Costs	438 000	446 000	0	0
Financial Balance	344 000	3 580 000	300 000	479 000
Dividends	1 100 000	1 500 000	0	350 000
Net Income	428 000	3 689 000	890 000	558 000

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	0	0	0	2 000
Total Tangible Assets	0	0	0	2 000
Total Fiancial Fixed Assets	984 000	984 000	1 984 000	1 354 000
Total Fixed Assets	984 000	984 000	1 984 000	1 356 000
Stock	0	0	0	0
Total Investments	951 000	1 697 000	0	0
Cash, Bank	82 000	392 000	246 000	312 000
Total Current Assets	1 203 000	2 896 000	246 000	414 000
Total Assets	2 187 000	3 880 000	2 230 000	1 770 000
Total Equity	1 617 000	2 289 000	1 841 000	1 351 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	9 000	11 000	0
Unpaid Taxes	30 000	40 000	190 000	31 000
Dividends	1 100 000	1 500 000	0	350 000
Other Current Debt	0	0	18 000	10 000
Total Current Debt	570 000	1 591 000	389 000	419 000
Total Equity and Debt	2 187 000	3 880 000	2 230 000	1 770 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,47 %	161,16 %	48,34 %	41,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	85,71 %	90,48 %	97,3 %	78,52 %
Current Ratio	2,11	1,82	0,63	0,99
Quick Ratio	2,11	1,82	0,63	0,99
Equity Ratio	0,74	0,59	0,83	0,76
Gross Profit Margin	100 %	100 %	100 %	100 %