TESA TECH AS

5022 BERGEN

Finances

Return on Equity

5,08 %

Current Ratio

10,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 013 000	1 589 000	944 000	425 000
Net Income	659 000	1 273 000	733 000	−3 914 000
Total Assets	14 349 000	14 882 000	14 790 000	17 054 000
Total Equity	12 970 000	13 611 000	13 537 000	14 005 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 013 000	1 589 000	944 000	425 000
Expenditure	357 000	317 000	233 000	140 000
Operating Profit	656 000	1 272 000	711 000	285 000
Financial Income	7 000	2 000	22 000	4 000
Financial Costs	3 000	0	0	0
Financial Balance	4 000	2 000	22 000	4 000
Earnings Before Tax	659 000	1 273 000	733 000	288 000
Tax	0	0	0	0
Net Income	659 000	1 273 000	733 000	−3 914 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	14 349 000	14 882 000	14 790 000	17 054 000
Total Assets	14 349 000	14 882 000	14 790 000	17 054 000
Total Retained Equity	12 868 000	13 508 000	13 435 000	13 902 000
Total Equity	12 970 000	13 611 000	13 537 000	14 005 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 378 000	1 271 000	1 252 000	3 049 000
Total Equity and Debt	14 349 000	14 882 000	14 790 000	17 054 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 013 000	1 589 000	944 000	425 000
Revenue	1 013 000	1 589 000	944 000	425 000
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	357 000	317 000	233 000	140 000
Operating Profit	656 000	1 272 000	711 000	285 000
Financial Income	7 000	2 000	22 000	4 000
Financial Costs	3 000	0	0	0
Financial Balance	4 000	2 000	22 000	4 000
Dividends	1 300 000	1 200 000	1 200 000	3 500 000
Net Income	659 000	1 273 000	733 000	−3 914 000

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	13 944 000	13 909 000	13 846 000	16 649 000
Cash, Bank	405 000	973 000	944 000	405 000
Total Current Assets	14 349 000	14 882 000	14 790 000	17 054 000
Total Assets	14 349 000	14 882 000	14 790 000	17 054 000
Total Equity	12 970 000	13 611 000	13 537 000	14 005 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	11 000	3 000	8 000	0
Unpaid Taxes	0	0	0	0
Dividends	1 300 000	1 200 000	1 200 000	3 500 000
Other Current Debt	67 000	68 000	45 000	49 000
Total Current Debt	1 378 000	1 271 000	1 252 000	3 049 000
Total Equity and Debt	14 349 000	14 882 000	14 790 000	17 054 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,08 %	9,35 %	5,41 %	−27,95 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	64,76 %	80,05 %	75,32 %	67,06 %
Current Ratio	10,41	11,71	11,81	5,59
Quick Ratio	10,41	11,71	11,81	5,59
Equity Ratio	0,9	0,91	0,92	0,82
Gross Profit Margin	100 %	100 %	100 %	100 %