TECHNOVATION AS

3610 KONGSBERG

Finances

Return on Equity

−59,35 %

Current Ratio

1,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	4 000	11 000
Net Income	−1 819 000	957 000	1 018 000	1 011 000
Total Assets	7 234 000	9 074 000	7 547 000	6 239 000
Total Equity	3 065 000	4 884 000	3 927 000	2 908 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	4 000	11 000
Expenditure	42 000	38 000	37 000	32 000
Operating Profit	−42 000	−38 000	−33 000	−20 000
Financial Income	416 000	1 112 000	1 109 000	1 148 000
Financial Costs	2 193 000	117 000	58 000	116 000
Financial Balance	−1 777 000	995 000	1 051 000	1 032 000
Earnings Before Tax	−1 818 000	957 000	1 018 000	1 011 000
Tax	1 000	0	0	0
Net Income	−1 819 000	957 000	1 018 000	1 011 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	7 234 000	9 074 000	7 547 000	6 239 000
Total Assets	7 234 000	9 074 000	7 547 000	6 239 000
Total Retained Equity	2 173 000	3 992 000	3 035 000	2 017 000
Total Equity	3 065 000	4 884 000	3 927 000	2 908 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 170 000	4 190 000	3 620 000	3 331 000
Total Equity and Debt	7 234 000	9 074 000	7 547 000	6 239 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	4 000	11 000
Other Income	0	0	0	0
Revenue	0	0	4 000	11 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	42 000	38 000	37 000	32 000
Operating Profit	−42 000	−38 000	−33 000	−20 000
Financial Income	416 000	1 112 000	1 109 000	1 148 000
Financial Costs	2 193 000	117 000	58 000	116 000
Financial Balance	−1 777 000	995 000	1 051 000	1 032 000
Dividends	0	0	0	0
Net Income	−1 819 000	957 000	1 018 000	1 011 000

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	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	7 174 000	8 482 000	7 468 000	5 662 000
Cash, Bank	11 000	83 000	79 000	77 000
Total Current Assets	7 234 000	9 074 000	7 547 000	6 239 000
Total Assets	7 234 000	9 074 000	7 547 000	6 239 000
Total Equity	3 065 000	4 884 000	3 927 000	2 908 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 170 000	4 190 000	3 619 000	3 331 000
Total Current Debt	4 170 000	4 190 000	3 620 000	3 331 000
Total Equity and Debt	7 234 000	9 074 000	7 547 000	6 239 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−59,35 %	19,59 %	25,92 %	34,77 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	−825 %	−181,82 %
Current Ratio	1,73	2,17	2,08	1,87
Quick Ratio	1,73	2,17	2,08	1,87
Equity Ratio	0,42	0,54	0,52	0,47
Gross Profit Margin	-	-	100 %	100 %