TECHNOLOGY VENTURE AS

4006 STAVANGER

Finances

Return on Equity

342,31 %

Current Ratio

0,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	42 000	753 000	715 000	2 187 000
Net Income	534 000	512 000	124 000	404 000
Total Assets	988 000	1 434 000	1 673 000	2 212 000
Total Equity	156 000	222 000	110 000	109 000

Income (NOK)	2022	2021	2020	2019
Revenue	42 000	753 000	715 000	2 187 000
Expenditure	208 000	193 000	571 000	660 000
Operating Profit	−166 000	560 000	144 000	1 528 000
Financial Income	675 000	0	0	0
Financial Costs	8 000	17 000	20 000	801 000
Financial Balance	667 000	−17 000	−20 000	−801 000
Earnings Before Tax	502 000	543 000	124 000	727 000
Tax	−33 000	31 000	0	322 000
Net Income	534 000	512 000	124 000	404 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	574 000	458 000	458 000	438 000
Total Current Assets	414 000	975 000	1 215 000	1 774 000
Total Assets	988 000	1 434 000	1 673 000	2 212 000
Total Retained Equity	56 000	122 000	10 000	9 000
Total Equity	156 000	222 000	110 000	109 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	832 000	1 212 000	1 563 000	2 103 000
Total Equity and Debt	988 000	1 434 000	1 673 000	2 212 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	42 000	753 000	715 000	2 187 000
Other Income	0	0	0	0
Revenue	42 000	753 000	715 000	2 187 000
Cost of Goods Sold	0	35 000	167 000	73 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	208 000	193 000	571 000	660 000
Operating Profit	−166 000	560 000	144 000	1 528 000
Financial Income	675 000	0	0	0
Financial Costs	8 000	17 000	20 000	801 000
Financial Balance	667 000	−17 000	−20 000	−801 000
Dividends	600 000	0	0	402 000
Net Income	534 000	512 000	124 000	404 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	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	541 000	458 000	458 000	438 000
Total Fixed Assets	574 000	458 000	458 000	438 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	169 000	−68 000	−302 000	0
Total Current Assets	414 000	975 000	1 215 000	1 774 000
Total Assets	988 000	1 434 000	1 673 000	2 212 000
Total Equity	156 000	222 000	110 000	109 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	24 000	3 000	51 000	12 000
Unpaid Taxes	−9 000	51 000	8 000	4 000
Dividends	600 000	0	0	402 000
Other Current Debt	817 000	1 127 000	1 503 000	1 273 000
Total Current Debt	832 000	1 212 000	1 563 000	2 103 000
Total Equity and Debt	988 000	1 434 000	1 673 000	2 212 000

Financial indicators	2022	2021	2020	2019
Return on Equity	342,31 %	230,63 %	112,73 %	370,64 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−395,24 %	74,37 %	20,14 %	69,87 %
Current Ratio	0,5	0,8	0,78	0,84
Quick Ratio	0,5	0,8	0,78	0,84
Equity Ratio	0,16	0,15	0,07	0,05
Gross Profit Margin	100 %	95,35 %	76,64 %	96,66 %