TECO SOLUTIONS AS

0283 OSLO

Finances

Share Ownership

Return on Equity

−14,13 %

Current Ratio

1,73

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 446 000	59 338 000	10 991 000	21 870 000
Net Income	−9 169 000	177 000	49 766 000	11 229 000
Total Assets	90 610 000	135 420 000	97 306 000	27 202 000
Total Equity	64 890 000	60 969 000	68 425 000	18 258 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 446 000	59 338 000	10 991 000	21 870 000
Expenditure	67 158 000	58 913 000	11 054 000	16 679 000
Operating Profit	−11 712 000	425 000	−63 000	5 192 000
Financial Income	347 000	0	2 000	0
Financial Costs	529 000	190 000	675 000	−506 000
Financial Balance	−182 000	−190 000	−673 000	506 000
Earnings Before Tax	−11 895 000	235 000	−736 000	5 697 000
Tax	−2 726 000	58 000	−50 502 000	−5 531 000
Net Income	−9 169 000	177 000	49 766 000	11 229 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	63 938 000	84 707 000	73 680 000	23 816 000
Total Current Assets	26 672 000	50 713 000	23 626 000	3 385 000
Total Assets	90 610 000	135 420 000	97 306 000	27 202 000
Total Retained Equity	21 738 000	30 907 000	65 425 000	15 658 000
Total Equity	64 890 000	60 969 000	68 425 000	18 258 000
Total Long-Term Debt	10 321 000	15 052 000	5 468 000	4 646 000
Total Current Debt	15 399 000	59 399 000	23 413 000	4 297 000
Total Equity and Debt	90 610 000	135 420 000	97 306 000	27 202 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	55 418 000	59 338 000	10 969 000	21 799 000
Other Income	28 000	0	21 000	71 000
Revenue	55 446 000	59 338 000	10 991 000	21 870 000
Cost of Goods Sold	40 387 000	37 200 000	5 198 000	9 108 000
Salary Costs	14 103 000	9 643 000	979 000	5 371 000
Depreciation	411 000	431 000	25 000	28 000
Impairment	0	0	0	0
Expenditure	67 158 000	58 913 000	11 054 000	16 679 000
Operating Profit	−11 712 000	425 000	−63 000	5 192 000
Financial Income	347 000	0	2 000	0
Financial Costs	529 000	190 000	675 000	−506 000
Financial Balance	−182 000	−190 000	−673 000	506 000
Dividends	0	0	0	0
Net Income	−9 169 000	177 000	49 766 000	11 229 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	52 714 000	52 473 000	58 234 000	7 731 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	218 000	441 000	30 000
Fixtures	750 000	353 000	441 000	0
Total Tangible Assets	750 000	571 000	882 000	30 000
Total Fiancial Fixed Assets	10 475 000	31 663 000	14 565 000	16 055 000
Total Fixed Assets	63 938 000	84 707 000	73 680 000	23 816 000
Stock	316 000	352 000	550 000	0
Total Investments	0	0	0	0
Cash, Bank	1 486 000	703 000	131 000	331 000
Total Current Assets	26 672 000	50 713 000	23 626 000	3 385 000
Total Assets	90 610 000	135 420 000	97 306 000	27 202 000
Total Equity	64 890 000	60 969 000	68 425 000	18 258 000
Short-Term Group Debt	60 000	4 772 000	353 000	834 000
Total Long-Term Debt	10 321 000	15 052 000	5 468 000	4 646 000
Creditors	9 545 000	8 641 000	8 415 000	1 952 000
Unpaid Taxes	1 186 000	1 780 000	1 264 000	235 000
Dividends	0	0	0	0
Other Current Debt	4 608 000	9 510 000	13 381 000	1 276 000
Total Current Debt	15 399 000	59 399 000	23 413 000	4 297 000
Total Equity and Debt	90 610 000	135 420 000	97 306 000	27 202 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,13 %	0,29 %	72,73 %	61,5 %
Debt-to-Equity Ratio	0,16	0,25	0,08	0,25
Operating Profit Margin	−21,12 %	0,72 %	−0,57 %	23,74 %
Current Ratio	1,73	0,85	1,01	0,79
Quick Ratio	1,77	0,86	1,03	0,79
Equity Ratio	0,72	0,45	0,7	0,67
Gross Profit Margin	27,16 %	37,31 %	52,71 %	58,35 %