TEICONOR AS

6010 ÅLESUND

Finances

Return on Equity

−169,2 %

Current Ratio

2,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 820 000	727 000	94 000	3 278 000
Net Income	−379 000	195 000	−31 000	−150 000
Total Assets	318 000	733 000	531 000	842 000
Total Equity	224 000	603 000	407 000	439 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 820 000	727 000	94 000	3 278 000
Expenditure	4 271 000	486 000	134 000	3 533 000
Operating Profit	−450 000	241 000	−40 000	−255 000
Financial Income	6 000	8 000	7 000	49 000
Financial Costs	34 000	0	6 000	0
Financial Balance	−28 000	8 000	1 000	49 000
Earnings Before Tax	−478 000	248 000	−40 000	−206 000
Tax	−99 000	53 000	−9 000	−56 000
Net Income	−379 000	195 000	−31 000	−150 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	111 000	12 000	65 000	56 000
Total Current Assets	207 000	721 000	466 000	786 000
Total Assets	318 000	733 000	531 000	842 000
Total Retained Equity	−17 000	362 000	166 000	197 000
Total Equity	224 000	603 000	407 000	439 000
Total Long-Term Debt	0	0	0	100 000
Total Current Debt	94 000	130 000	123 000	304 000
Total Equity and Debt	318 000	733 000	531 000	842 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 820 000	427 000	94 000	3 278 000
Other Income	0	300 000	0	0
Revenue	3 820 000	727 000	94 000	3 278 000
Cost of Goods Sold	3 763 000	115 000	−167 000	3 100 000
Salary Costs	386 000	273 000	182 000	240 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 271 000	486 000	134 000	3 533 000
Operating Profit	−450 000	241 000	−40 000	−255 000
Financial Income	6 000	8 000	7 000	49 000
Financial Costs	34 000	0	6 000	0
Financial Balance	−28 000	8 000	1 000	49 000
Dividends	0	0	0	0
Net Income	−379 000	195 000	−31 000	−150 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	111 000	12 000	65 000	56 000
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	111 000	12 000	65 000	56 000
Stock	0	0	0	0
Total Investments	142 000	175 000	173 000	179 000
Cash, Bank	38 000	570 000	282 000	71 000
Total Current Assets	207 000	721 000	466 000	786 000
Total Assets	318 000	733 000	531 000	842 000
Total Equity	224 000	603 000	407 000	439 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	100 000
Creditors	7 000	0	−6 000	257 000
Unpaid Taxes	23 000	99 000	10 000	19 000
Dividends	0	0	0	0
Other Current Debt	64 000	31 000	120 000	28 000
Total Current Debt	94 000	130 000	123 000	304 000
Total Equity and Debt	318 000	733 000	531 000	842 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−169,2 %	32,34 %	−7,62 %	−34,17 %
Debt-to-Equity Ratio	0	0	0	0,23
Operating Profit Margin	−11,78 %	33,15 %	−42,55 %	−7,78 %
Current Ratio	2,2	5,55	3,79	2,59
Quick Ratio	2,2	5,55	3,79	2,59
Equity Ratio	0,7	0,82	0,77	0,52
Gross Profit Margin	1,49 %	84,18 %	277,66 %	5,43 %