TRACONET AS

1367 SNARØYA

Finances

Return on Equity

−8,14 %

Current Ratio

1,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 132 000	6 607 000	7 546 000	6 951 000
Net Income	−89 000	45 000	574 000	520 000
Total Assets	2 615 000	2 701 000	3 250 000	2 369 000
Total Equity	1 093 000	1 182 000	1 137 000	563 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 132 000	6 607 000	7 546 000	6 951 000
Expenditure	7 194 000	6 595 000	6 876 000	6 413 000
Operating Profit	−63 000	13 000	671 000	539 000
Financial Income	46 000	45 000	140 000	14 000
Financial Costs	1 000	5 000	11 000	14 000
Financial Balance	45 000	40 000	129 000	0
Earnings Before Tax	−17 000	53 000	800 000	539 000
Tax	71 000	8 000	226 000	18 000
Net Income	−89 000	45 000	574 000	520 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 000	80 000	91 000	12 000
Total Current Assets	2 567 000	2 621 000	3 159 000	2 357 000
Total Assets	2 615 000	2 701 000	3 250 000	2 369 000
Total Retained Equity	993 000	1 082 000	1 037 000	463 000
Total Equity	1 093 000	1 182 000	1 137 000	563 000
Total Long-Term Debt	0	0	200 000	311 000
Total Current Debt	1 522 000	1 519 000	1 913 000	1 495 000
Total Equity and Debt	2 615 000	2 701 000	3 250 000	2 369 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 132 000	6 607 000	7 546 000	6 829 000
Other Income	0	0	0	121 000
Revenue	7 132 000	6 607 000	7 546 000	6 951 000
Cost of Goods Sold	194 000	224 000	159 000	107 000
Salary Costs	4 767 000	4 888 000	5 020 000	4 208 000
Depreciation	26 000	27 000	26 000	14 000
Impairment	0	0	0	0
Expenditure	7 194 000	6 595 000	6 876 000	6 413 000
Operating Profit	−63 000	13 000	671 000	539 000
Financial Income	46 000	45 000	140 000	14 000
Financial Costs	1 000	5 000	11 000	14 000
Financial Balance	45 000	40 000	129 000	0
Dividends	0	0	0	0
Net Income	−89 000	45 000	574 000	520 000

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	42 000	50 000	66 000	12 000
Total Tangible Assets	42 000	50 000	66 000	12 000
Total Fiancial Fixed Assets	6 000	31 000	24 000	0
Total Fixed Assets	48 000	80 000	91 000	12 000
Stock	0	0	0	0
Total Investments	0	0	1 175 000	0
Cash, Bank	101 000	199 000	215 000	457 000
Total Current Assets	2 567 000	2 621 000	3 159 000	2 357 000
Total Assets	2 615 000	2 701 000	3 250 000	2 369 000
Total Equity	1 093 000	1 182 000	1 137 000	563 000
Short-Term Group Debt	116 000	0	0	12 000
Total Long-Term Debt	0	0	200 000	311 000
Creditors	55 000	94 000	99 000	16 000
Unpaid Taxes	480 000	524 000	603 000	444 000
Dividends	0	0	0	0
Other Current Debt	800 000	893 000	974 000	984 000
Total Current Debt	1 522 000	1 519 000	1 913 000	1 495 000
Total Equity and Debt	2 615 000	2 701 000	3 250 000	2 369 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−8,14 %	3,81 %	50,48 %	92,36 %
Debt-to-Equity Ratio	0	0	0,18	0,55
Operating Profit Margin	−0,88 %	0,2 %	8,89 %	7,75 %
Current Ratio	1,69	1,73	1,65	1,58
Quick Ratio	1,69	1,73	1,65	1,58
Equity Ratio	0,42	0,44	0,35	0,24
Gross Profit Margin	97,28 %	96,61 %	97,89 %	98,46 %