TECHSEAM AS

4313 SANDNES

Finances

Share Ownership

Return on Equity

61,1 %

Current Ratio

4,1

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 118 000	6 024 000	5 644 000	3 539 000
Net Income	4 042 000	2 275 000	2 036 000	955 000
Total Assets	8 681 000	6 709 000	5 690 000	3 503 000
Total Equity	6 615 000	2 573 000	4 298 000	2 763 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 118 000	6 024 000	5 644 000	3 539 000
Expenditure	4 827 000	3 243 000	3 048 000	2 336 000
Operating Profit	5 290 000	2 781 000	2 596 000	1 203 000
Financial Income	34 000	103 000	9 000	14 000
Financial Costs	113 000	0	0	1 000
Financial Balance	−79 000	103 000	9 000	13 000
Earnings Before Tax	5 211 000	2 884 000	2 605 000	1 216 000
Tax	1 169 000	609 000	569 000	261 000
Net Income	4 042 000	2 275 000	2 036 000	955 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	205 000	1 149 000	157 000	116 000
Total Current Assets	8 476 000	5 560 000	5 533 000	3 387 000
Total Assets	8 681 000	6 709 000	5 690 000	3 503 000
Total Retained Equity	6 415 000	2 373 000	4 098 000	2 563 000
Total Equity	6 615 000	2 573 000	4 298 000	2 763 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 066 000	4 135 000	1 392 000	740 000
Total Equity and Debt	8 681 000	6 709 000	5 690 000	3 503 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 118 000	6 024 000	5 644 000	3 524 000
Other Income	0	0	0	15 000
Revenue	10 118 000	6 024 000	5 644 000	3 539 000
Cost of Goods Sold	2 048 000	1 294 000	1 226 000	933 000
Salary Costs	2 186 000	1 652 000	1 498 000	1 039 000
Depreciation	40 000	24 000	27 000	14 000
Impairment	0	0	0	0
Expenditure	4 827 000	3 243 000	3 048 000	2 336 000
Operating Profit	5 290 000	2 781 000	2 596 000	1 203 000
Financial Income	34 000	103 000	9 000	14 000
Financial Costs	113 000	0	0	1 000
Financial Balance	−79 000	103 000	9 000	13 000
Dividends	0	0	0	0
Net Income	4 042 000	2 275 000	2 036 000	955 000

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	194 000	160 000	97 000	59 000
Total Tangible Assets	194 000	160 000	97 000	59 000
Total Fiancial Fixed Assets	11 000	989 000	60 000	56 000
Total Fixed Assets	205 000	1 149 000	157 000	116 000
Stock	406 000	112 000	190 000	89 000
Total Investments	0	0	0	0
Cash, Bank	6 031 000	4 431 000	4 141 000	2 275 000
Total Current Assets	8 476 000	5 560 000	5 533 000	3 387 000
Total Assets	8 681 000	6 709 000	5 690 000	3 503 000
Total Equity	6 615 000	2 573 000	4 298 000	2 763 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	110 000	89 000	311 000	81 000
Unpaid Taxes	500 000	255 000	350 000	251 000
Dividends	0	0	0	0
Other Current Debt	287 000	3 182 000	162 000	147 000
Total Current Debt	2 066 000	4 135 000	1 392 000	740 000
Total Equity and Debt	8 681 000	6 709 000	5 690 000	3 503 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,1 %	88,42 %	47,37 %	34,56 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	52,28 %	46,17 %	46 %	33,99 %
Current Ratio	4,1	1,34	3,97	4,58
Quick Ratio	5,11	1,38	4,6	5,2
Equity Ratio	0,76	0,38	0,76	0,79
Gross Profit Margin	79,76 %	78,52 %	78,28 %	73,64 %