TECH TRADE AS

4034 STAVANGER

Finances

Return on Equity

91,96 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	87 975 000	63 769 000	54 620 000	66 244 000
Net Income	5 263 000	2 380 000	2 022 000	4 365 000
Total Assets	33 292 000	22 322 000	23 575 000	29 218 000
Total Equity	5 723 000	7 610 000	9 231 000	10 709 000

Income (NOK)	2022	2021	2020	2019
Revenue	87 975 000	63 769 000	54 620 000	66 244 000
Expenditure	81 518 000	60 904 000	52 067 000	60 713 000
Operating Profit	6 458 000	2 865 000	2 553 000	5 533 000
Financial Income	1 400 000	931 000	1 399 000	598 000
Financial Costs	1 103 000	745 000	1 359 000	527 000
Financial Balance	297 000	186 000	40 000	71 000
Earnings Before Tax	6 754 000	3 051 000	2 592 000	5 604 000
Tax	1 491 000	672 000	571 000	1 239 000
Net Income	5 263 000	2 380 000	2 022 000	4 365 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	302 000	395 000	85 000	164 000
Total Current Assets	32 990 000	21 926 000	23 490 000	29 054 000
Total Assets	33 292 000	22 322 000	23 575 000	29 218 000
Total Retained Equity	4 755 000	6 607 000	8 227 000	9 706 000
Total Equity	5 723 000	7 610 000	9 231 000	10 709 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	27 569 000	14 711 000	14 345 000	18 509 000
Total Equity and Debt	33 292 000	22 322 000	23 575 000	29 218 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	87 975 000	63 769 000	54 620 000	66 244 000
Other Income	0	0	0	0
Revenue	87 975 000	63 769 000	54 620 000	66 244 000
Cost of Goods Sold	63 900 000	45 977 000	36 985 000	44 679 000
Salary Costs	14 489 000	13 424 000	11 700 000	12 278 000
Depreciation	142 000	114 000	41 000	86 000
Impairment	0	0	0	0
Expenditure	81 518 000	60 904 000	52 067 000	60 713 000
Operating Profit	6 458 000	2 865 000	2 553 000	5 533 000
Financial Income	1 400 000	931 000	1 399 000	598 000
Financial Costs	1 103 000	745 000	1 359 000	527 000
Financial Balance	297 000	186 000	40 000	71 000
Dividends	0	0	0	2 500 000
Net Income	5 263 000	2 380 000	2 022 000	4 365 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	84 000	35 000	48 000	86 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	215 000	357 000	34 000	75 000
Total Tangible Assets	215 000	357 000	34 000	75 000
Total Fiancial Fixed Assets	3 000	3 000	3 000	3 000
Total Fixed Assets	302 000	395 000	85 000	164 000
Stock	1 043 000	1 028 000	756 000	572 000
Total Investments	0	0	0	0
Cash, Bank	7 285 000	14 717 000	14 868 000	15 828 000
Total Current Assets	32 990 000	21 926 000	23 490 000	29 054 000
Total Assets	33 292 000	22 322 000	23 575 000	29 218 000
Total Equity	5 723 000	7 610 000	9 231 000	10 709 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	18 815 000	9 421 000	7 502 000	9 924 000
Unpaid Taxes	4 932 000	2 625 000	2 205 000	2 220 000
Dividends	0	0	0	2 500 000
Other Current Debt	2 282 000	2 007 000	4 105 000	5 128 000
Total Current Debt	27 569 000	14 711 000	14 345 000	18 509 000
Total Equity and Debt	33 292 000	22 322 000	23 575 000	29 218 000

Financial indicators	2022	2021	2020	2019
Return on Equity	91,96 %	31,27 %	21,9 %	40,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,34 %	4,49 %	4,67 %	8,35 %
Current Ratio	1,2	1,49	1,64	1,57
Quick Ratio	1,24	1,6	1,73	1,62
Equity Ratio	0,17	0,34	0,39	0,37
Gross Profit Margin	27,37 %	27,9 %	32,29 %	32,55 %