TECH'S AS

9602 HAMMERFEST

Finances

Share Ownership

Return on Equity

28,11 %

Current Ratio

2,4

Debt-to-Equity Ratio

0,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 354 000	28 214 000	26 817 000	27 389 000
Net Income	2 815 000	1 566 000	312 000	−1 070 000
Total Assets	17 613 000	13 369 000	11 420 000	12 354 000
Total Equity	10 014 000	7 199 000	5 632 000	5 431 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 354 000	28 214 000	26 817 000	27 389 000
Expenditure	25 661 000	26 363 000	26 442 000	28 703 000
Operating Profit	3 706 000	1 997 000	375 000	−1 313 000
Financial Income	43 000	88 000	80 000	43 000
Financial Costs	139 000	77 000	37 000	99 000
Financial Balance	−96 000	11 000	43 000	−56 000
Earnings Before Tax	3 610 000	2 008 000	417 000	−1 369 000
Tax	795 000	442 000	106 000	−299 000
Net Income	2 815 000	1 566 000	312 000	−1 070 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 549 000	1 026 000	1 290 000	1 808 000
Total Current Assets	10 064 000	12 342 000	10 130 000	10 546 000
Total Assets	17 613 000	13 369 000	11 420 000	12 354 000
Total Retained Equity	4 684 000	1 869 000	303 000	101 000
Total Equity	10 014 000	7 199 000	5 632 000	5 431 000
Total Long-Term Debt	3 401 000	2 245 000	2 410 000	2 807 000
Total Current Debt	4 198 000	3 924 000	3 377 000	4 116 000
Total Equity and Debt	17 613 000	13 369 000	11 420 000	12 354 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	29 182 000	27 904 000	26 506 000	27 242 000
Other Income	172 000	310 000	311 000	148 000
Revenue	29 354 000	28 214 000	26 817 000	27 389 000
Cost of Goods Sold	10 333 000	9 626 000	10 218 000	11 165 000
Salary Costs	10 168 000	10 925 000	10 569 000	11 585 000
Depreciation	361 000	235 000	596 000	920 000
Impairment	0	0	0	0
Expenditure	25 661 000	26 363 000	26 442 000	28 703 000
Operating Profit	3 706 000	1 997 000	375 000	−1 313 000
Financial Income	43 000	88 000	80 000	43 000
Financial Costs	139 000	77 000	37 000	99 000
Financial Balance	−96 000	11 000	43 000	−56 000
Dividends	0	0	0	0
Net Income	2 815 000	1 566 000	312 000	−1 070 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	313 000
Total Intangible Assets	0	0	0	313 000
Real Eastate	331 000	482 000	0	0
Machinery and Plant Facilities	0	123 000	289 000	285 000
Fixtures	4 358 000	311 000	1 001 000	1 211 000
Total Tangible Assets	4 689 000	916 000	1 290 000	1 496 000
Total Fiancial Fixed Assets	2 860 000	110 000	0	0
Total Fixed Assets	7 549 000	1 026 000	1 290 000	1 808 000
Stock	1 598 000	1 587 000	1 441 000	1 774 000
Total Investments	0	0	0	0
Cash, Bank	7 348 000	7 245 000	5 263 000	4 081 000
Total Current Assets	10 064 000	12 342 000	10 130 000	10 546 000
Total Assets	17 613 000	13 369 000	11 420 000	12 354 000
Total Equity	10 014 000	7 199 000	5 632 000	5 431 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 401 000	2 245 000	2 410 000	2 807 000
Creditors	1 238 000	1 001 000	956 000	2 132 000
Unpaid Taxes	1 321 000	1 285 000	1 156 000	794 000
Dividends	0	0	0	0
Other Current Debt	1 010 000	1 122 000	1 214 000	1 190 000
Total Current Debt	4 198 000	3 924 000	3 377 000	4 116 000
Total Equity and Debt	17 613 000	13 369 000	11 420 000	12 354 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,11 %	21,75 %	5,54 %	−19,7 %
Debt-to-Equity Ratio	0,34	0,31	0,43	0,52
Operating Profit Margin	12,63 %	7,08 %	1,4 %	−4,79 %
Current Ratio	2,4	3,15	3	2,56
Quick Ratio	3,87	5,28	5,23	4,5
Equity Ratio	0,57	0,54	0,49	0,44
Gross Profit Margin	64,8 %	65,88 %	61,9 %	59,24 %