TEC RESOURCE AS

4043 HAFRSFJORD

Finances

Return on Equity

15,43 %

Current Ratio

4,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 960 000	11 500 000	136 000	290 000
Net Income	3 252 000	366 000	−395 000	107 000
Total Assets	23 900 000	18 278 000	19 731 000	19 156 000
Total Equity	21 079 000	18 526 000	18 160 000	18 555 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 960 000	11 500 000	136 000	290 000
Expenditure	3 849 000	10 563 000	484 000	500 000
Operating Profit	4 111 000	937 000	−347 000	−210 000
Financial Income	908 000	964 000	255 000	435 000
Financial Costs	608 000	1 535 000	303 000	118 000
Financial Balance	300 000	−571 000	−48 000	317 000
Earnings Before Tax	4 411 000	366 000	−395 000	107 000
Tax	1 159 000	0	0	0
Net Income	3 252 000	366 000	−395 000	107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 543 000	9 585 000	9 211 000	14 892 000
Total Current Assets	13 356 000	8 693 000	10 520 000	4 263 000
Total Assets	23 900 000	18 278 000	19 731 000	19 156 000
Total Retained Equity	20 979 000	18 426 000	18 060 000	18 455 000
Total Equity	21 079 000	18 526 000	18 160 000	18 555 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 821 000	−248 000	1 572 000	601 000
Total Equity and Debt	23 900 000	18 278 000	19 731 000	19 156 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 960 000	11 460 000	0	8 000
Other Income	0	40 000	136 000	282 000
Revenue	7 960 000	11 500 000	136 000	290 000
Cost of Goods Sold	1 785 000	10 225 000	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 849 000	10 563 000	484 000	500 000
Operating Profit	4 111 000	937 000	−347 000	−210 000
Financial Income	908 000	964 000	255 000	435 000
Financial Costs	608 000	1 535 000	303 000	118 000
Financial Balance	300 000	−571 000	−48 000	317 000
Dividends	0	0	0	0
Net Income	3 252 000	366 000	−395 000	107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	8 816 000	8 554 000	8 321 000	14 512 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	8 816 000	8 554 000	8 321 000	14 512 000
Total Fiancial Fixed Assets	1 727 000	1 031 000	890 000	380 000
Total Fixed Assets	10 543 000	9 585 000	9 211 000	14 892 000
Stock	2 000 000	0	0	0
Total Investments	1 409 000	1 068 000	3 298 000	3 801 000
Cash, Bank	2 301 000	4 173 000	5 889 000	137 000
Total Current Assets	13 356 000	8 693 000	10 520 000	4 263 000
Total Assets	23 900 000	18 278 000	19 731 000	19 156 000
Total Equity	21 079 000	18 526 000	18 160 000	18 555 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	185 000	92 000	132 000
Unpaid Taxes	0	0	0	1 000
Dividends	0	0	0	0
Other Current Debt	1 659 000	267 000	1 480 000	468 000
Total Current Debt	2 821 000	−248 000	1 572 000	601 000
Total Equity and Debt	23 900 000	18 278 000	19 731 000	19 156 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,43 %	1,98 %	−2,18 %	0,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	51,65 %	8,15 %	−255,15 %	−72,41 %
Current Ratio	4,73	−35,05	6,69	7,09
Quick Ratio	16,27	−35,05	6,69	7,09
Equity Ratio	0,88	1,01	0,92	0,97
Gross Profit Margin	77,58 %	11,09 %	100 %	100 %