TECHEM NORGE AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

28,64 %

Current Ratio

0,61

Debt-to-Equity Ratio

−1,18

Key figures (NOK)	2023	2022	2021	2020
Revenue	50 990 000	44 404 000	35 338 000	41 336 000
Net Income	−11 739 000	−6 510 000	−1 769 000	−18 514 000
Total Assets	37 250 000	31 357 000	20 927 000	16 987 000
Total Equity	−40 985 000	−29 246 000	−22 736 000	−20 968 000

Income (NOK)	2023	2022	2021	2020
Revenue	50 990 000	44 404 000	35 338 000	41 336 000
Expenditure	57 091 000	48 042 000	37 902 000	50 839 000
Operating Profit	−6 101 000	−3 639 000	−2 564 000	−9 503 000
Financial Income	6 721 000	3 414 000	3 651 000	3 269 000
Financial Costs	12 358 000	6 285 000	2 856 000	7 451 000
Financial Balance	−5 637 000	−2 871 000	795 000	−4 182 000
Earnings Before Tax	−11 739 000	−6 510 000	−1 769 000	−13 685 000
Tax	0	0	0	4 829 000
Net Income	−11 739 000	−6 510 000	−1 769 000	−18 514 000

Balance (NOK)	2023	2022	2021	2020
Total Fixed Assets	18 898 000	13 475 000	12 128 000	8 018 000
Total Current Assets	18 353 000	17 882 000	8 799 000	8 969 000
Total Assets	37 250 000	31 357 000	20 927 000	16 987 000
Total Retained Equity	−62 122 000	−50 383 000	−43 873 000	−42 104 000
Total Equity	−40 985 000	−29 246 000	−22 736 000	−20 968 000
Total Long-Term Debt	48 369 000	37 990 000	0	0
Total Current Debt	29 866 000	22 613 000	43 664 000	37 955 000
Total Equity and Debt	37 250 000	31 357 000	20 927 000	16 987 000

Cash flow (NOK)	2023	2022	2021	2020
Sales Income	50 749 000	44 183 000	35 044 000	41 307 000
Other Income	241 000	220 000	294 000	29 000
Revenue	50 990 000	44 404 000	35 338 000	41 336 000
Cost of Goods Sold	10 892 000	10 267 000	8 659 000	12 914 000
Salary Costs	25 692 000	20 619 000	15 230 000	20 434 000
Depreciation	2 513 000	2 264 000	1 348 000	1 429 000
Impairment	0	0	0	0
Expenditure	57 091 000	48 042 000	37 902 000	50 839 000
Operating Profit	−6 101 000	−3 639 000	−2 564 000	−9 503 000
Financial Income	6 721 000	3 414 000	3 651 000	3 269 000
Financial Costs	12 358 000	6 285 000	2 856 000	7 451 000
Financial Balance	−5 637 000	−2 871 000	795 000	−4 182 000
Dividends	0	0	0	0
Net Income	−11 739 000	−6 510 000	−1 769 000	−18 514 000

Balance details (NOK)	2023	2022	2021	2020
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	20 000	21 000	31 000
Fixtures	18 898 000	13 454 000	12 108 000	7 987 000
Total Tangible Assets	18 898 000	13 475 000	12 128 000	8 018 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	18 898 000	13 475 000	12 128 000	8 018 000
Stock	2 041 000	1 696 000	1 575 000	2 026 000
Total Investments	0	0	0	0
Cash, Bank	3 966 000	7 847 000	861 000	1 057 000
Total Current Assets	18 353 000	17 882 000	8 799 000	8 969 000
Total Assets	37 250 000	31 357 000	20 927 000	16 987 000
Total Equity	−40 985 000	−29 246 000	−22 736 000	−20 968 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	48 369 000	37 990 000	0	0
Creditors	9 801 000	7 229 000	6 172 000	5 203 000
Unpaid Taxes	2 997 000	1 782 000	951 000	841 000
Dividends	0	0	0	0
Other Current Debt	17 068 000	13 602 000	36 541 000	31 911 000
Total Current Debt	29 866 000	22 613 000	43 664 000	37 955 000
Total Equity and Debt	37 250 000	31 357 000	20 927 000	16 987 000

Financial indicators	2023	2022	2021	2020
Return on Equity	28,64 %	22,26 %	7,78 %	88,3 %
Debt-to-Equity Ratio	−1,18	−1,3	−0	−0
Operating Profit Margin	−11,97 %	−8,2 %	−7,26 %	−22,99 %
Current Ratio	0,61	0,79	0,2	0,24
Quick Ratio	0,66	0,85	0,21	0,25
Equity Ratio	−1,1	−0,93	−1,09	−1,23
Gross Profit Margin	78,64 %	76,88 %	75,5 %	68,76 %