TEC TRADING AS

0278 OSLO

Finances

Share Ownership

Return on Equity

9,76 %

Current Ratio

6,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 779 000	1 395 000	1 473 000	1 737 000
Net Income	322 000	−1 486 000	236 000	−1 202 000
Total Assets	3 639 000	3 928 000	3 984 000	4 202 000
Total Equity	3 299 000	2 977 000	2 975 000	2 740 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 779 000	1 395 000	1 473 000	1 737 000
Expenditure	1 373 000	3 300 000	1 165 000	3 223 000
Operating Profit	406 000	−1 905 000	309 000	−1 487 000
Financial Income	8 000	1 000	3 000	5 000
Financial Costs	1 000	0	10 000	59 000
Financial Balance	7 000	1 000	−7 000	−54 000
Earnings Before Tax	413 000	−1 904 000	302 000	−1 541 000
Tax	91 000	−419 000	66 000	−339 000
Net Income	322 000	−1 486 000	236 000	−1 202 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 629 000	1 679 000	3 729 000	3 500 000
Total Current Assets	2 010 000	2 248 000	255 000	702 000
Total Assets	3 639 000	3 928 000	3 984 000	4 202 000
Total Retained Equity	510 000	188 000	1 673 000	1 438 000
Total Equity	3 299 000	2 977 000	2 975 000	2 740 000
Total Long-Term Debt	10 000	770 000	769 000	1 257 000
Total Current Debt	330 000	180 000	239 000	204 000
Total Equity and Debt	3 639 000	3 928 000	3 984 000	4 202 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 779 000	1 395 000	1 473 000	1 737 000
Other Income	0	0	0	0
Revenue	1 779 000	1 395 000	1 473 000	1 737 000
Cost of Goods Sold	91 000	72 000	74 000	64 000
Salary Costs	968 000	885 000	817 000	867 000
Depreciation	50 000	50 000	21 000	0
Impairment	0	2 000 000	0	2 000 000
Expenditure	1 373 000	3 300 000	1 165 000	3 223 000
Operating Profit	406 000	−1 905 000	309 000	−1 487 000
Financial Income	8 000	1 000	3 000	5 000
Financial Costs	1 000	0	10 000	59 000
Financial Balance	7 000	1 000	−7 000	−54 000
Dividends	0	0	0	0
Net Income	322 000	−1 486 000	236 000	−1 202 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 500 000	1 500 000	3 500 000	3 500 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	129 000	179 000	229 000	0
Total Tangible Assets	129 000	179 000	229 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 629 000	1 679 000	3 729 000	3 500 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	788 000	270 000	243 000	609 000
Total Current Assets	2 010 000	2 248 000	255 000	702 000
Total Assets	3 639 000	3 928 000	3 984 000	4 202 000
Total Equity	3 299 000	2 977 000	2 975 000	2 740 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 000	770 000	769 000	1 257 000
Creditors	0	0	0	25 000
Unpaid Taxes	57 000	47 000	54 000	52 000
Dividends	0	0	0	0
Other Current Debt	179 000	133 000	131 000	127 000
Total Current Debt	330 000	180 000	239 000	204 000
Total Equity and Debt	3 639 000	3 928 000	3 984 000	4 202 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,76 %	−49,92 %	7,93 %	−43,87 %
Debt-to-Equity Ratio	0	0,26	0,26	0,46
Operating Profit Margin	22,82 %	−136,56 %	20,98 %	−85,61 %
Current Ratio	6,09	12,49	1,07	3,44
Quick Ratio	6,09	12,49	1,07	3,44
Equity Ratio	0,91	0,76	0,75	0,65
Gross Profit Margin	94,88 %	94,84 %	94,98 %	96,32 %