TEICO AS

5132 NYBORG

Finances

Return on Equity

1,71 %

Current Ratio

0,54

Debt-to-Equity Ratio

−0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	107 980 000	111 323 000	115 869 000	105 365 000
Net Income	−185 000	−13 547 000	−3 101 000	8 000
Total Assets	15 250 000	18 475 000	26 023 000	28 395 000
Total Equity	−10 797 000	−11 321 000	2 171 000	5 695 000

Income (NOK)	2022	2021	2020	2019
Revenue	107 980 000	111 323 000	115 869 000	105 365 000
Expenditure	108 162 000	81 323 000	116 838 000	104 891 000
Operating Profit	−182 000	−3 099 000	−969 000	473 000
Financial Income	220 000	219 000	−31 000	85 000
Financial Costs	223 000	10 382 000	1 998 000	340 000
Financial Balance	−3 000	−10 163 000	−2 029 000	−255 000
Earnings Before Tax	−185 000	−13 262 000	−2 998 000	218 000
Tax	0	284 000	103 000	210 000
Net Income	−185 000	−13 547 000	−3 101 000	8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 257 000	1 650 000	2 844 000	4 566 000
Total Current Assets	13 993 000	16 825 000	23 179 000	23 829 000
Total Assets	15 250 000	18 475 000	26 023 000	28 395 000
Total Retained Equity	−10 924 000	−11 445 000	2 071 000	5 595 000
Total Equity	−10 797 000	−11 321 000	2 171 000	5 695 000
Total Long-Term Debt	237 000	1 090 000	1 267 000	1 433 000
Total Current Debt	25 810 000	28 706 000	22 585 000	21 267 000
Total Equity and Debt	15 250 000	18 475 000	26 023 000	28 395 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	107 980 000	111 291 000	115 757 000	105 196 000
Other Income	0	33 000	112 000	169 000
Revenue	107 980 000	111 323 000	115 869 000	105 365 000
Cost of Goods Sold	26 152 000	0	33 096 000	22 423 000
Salary Costs	68 910 000	68 360 000	69 605 000	69 829 000
Depreciation	542 000	576 000	825 000	659 000
Impairment	0	0	885 000	0
Expenditure	108 162 000	81 323 000	116 838 000	104 891 000
Operating Profit	−182 000	−3 099 000	−969 000	473 000
Financial Income	220 000	219 000	−31 000	85 000
Financial Costs	223 000	10 382 000	1 998 000	340 000
Financial Balance	−3 000	−10 163 000	−2 029 000	−255 000
Dividends	0	0	400 000	0
Net Income	−185 000	−13 547 000	−3 101 000	8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	60 000	120 000	1 324 000
Total Intangible Assets	0	60 000	404 000	1 657 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	506 000
Fixtures	752 000	1 101 000	1 476 000	1 151 000
Total Tangible Assets	752 000	1 101 000	1 476 000	1 657 000
Total Fiancial Fixed Assets	505 000	489 000	964 000	1 252 000
Total Fixed Assets	1 257 000	1 650 000	2 844 000	4 566 000
Stock	326 000	635 000	533 000	510 000
Total Investments	0	44 000	109 000	109 000
Cash, Bank	2 098 000	2 234 000	8 919 000	9 508 000
Total Current Assets	13 993 000	16 825 000	23 179 000	23 829 000
Total Assets	15 250 000	18 475 000	26 023 000	28 395 000
Total Equity	−10 797 000	−11 321 000	2 171 000	5 695 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	237 000	1 090 000	1 267 000	1 433 000
Creditors	3 116 000	5 185 000	3 419 000	3 130 000
Unpaid Taxes	8 724 000	8 855 000	8 072 000	8 037 000
Dividends	0	0	400 000	0
Other Current Debt	9 407 000	11 171 000	8 432 000	8 008 000
Total Current Debt	25 810 000	28 706 000	22 585 000	21 267 000
Total Equity and Debt	15 250 000	18 475 000	26 023 000	28 395 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,71 %	119,66 %	−142,84 %	0,14 %
Debt-to-Equity Ratio	−0,02	−0,1	0,58	0,25
Operating Profit Margin	−0,17 %	−2,78 %	−0,84 %	0,45 %
Current Ratio	0,54	0,59	1,03	1,12
Quick Ratio	0,55	0,6	1,05	1,15
Equity Ratio	−0,71	−0,61	0,08	0,2
Gross Profit Margin	75,78 %	100 %	71,44 %	78,72 %