TECH DAMPER AS

7044 TRONDHEIM

Finances

Return on Equity

8,99 %

Current Ratio

0,12

Debt-to-Equity Ratio

−1

Key figures (NOK)	2022	2021	2020	2019
Revenue	849 000	2 242 000	1 076 000	506 000
Net Income	−1 973 000	−11 833 000	−7 654 000	−3 397 000
Total Assets	6 000	459 000	8 698 000	12 240 000
Total Equity	−21 957 000	−20 654 000	−8 821 000	−1 167 000

Income (NOK)	2022	2021	2020	2019
Revenue	849 000	2 242 000	1 076 000	506 000
Expenditure	960 000	2 781 000	2 798 000	3 017 000
Operating Profit	−111 000	−3 539 000	−7 241 000	−2 511 000
Financial Income	0	2 000	1 000	1 000
Financial Costs	1 862 000	3 257 000	2 573 000	1 846 000
Financial Balance	−1 862 000	−3 255 000	−2 572 000	−1 845 000
Earnings Before Tax	−1 973 000	−6 794 000	−9 813 000	−4 356 000
Tax	0	5 039 000	−2 159 000	−958 000
Net Income	−1 973 000	−11 833 000	−7 654 000	−3 397 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	141 000	5 088 000	2 968 000
Total Current Assets	6 000	318 000	3 611 000	9 272 000
Total Assets	6 000	459 000	8 698 000	12 240 000
Total Retained Equity	−24 637 000	−23 334 000	−11 501 000	−3 846 000
Total Equity	−21 957 000	−20 654 000	−8 821 000	−1 167 000
Total Long-Term Debt	21 911 000	20 718 000	17 063 000	12 998 000
Total Current Debt	51 000	395 000	456 000	409 000
Total Equity and Debt	6 000	459 000	8 698 000	12 240 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	849 000	2 242 000	1 076 000	506 000
Other Income	0	0	0	0
Revenue	849 000	2 242 000	1 076 000	506 000
Cost of Goods Sold	10 000	436 000	213 000	107 000
Salary Costs	638 000	1 766 000	1 753 000	1 835 000
Depreciation	0	0	25 000	27 000
Impairment	0	0	0	0
Expenditure	960 000	2 781 000	2 798 000	3 017 000
Operating Profit	−111 000	−3 539 000	−7 241 000	−2 511 000
Financial Income	0	2 000	1 000	1 000
Financial Costs	1 862 000	3 257 000	2 573 000	1 846 000
Financial Balance	−1 862 000	−3 255 000	−2 572 000	−1 845 000
Dividends	0	0	0	0
Net Income	−1 973 000	−11 833 000	−7 654 000	−3 397 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	5 039 000	2 880 000
Real Eastate	0	0	0	32 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	17 000
Total Tangible Assets	0	0	0	50 000
Total Fiancial Fixed Assets	0	141 000	49 000	39 000
Total Fixed Assets	0	141 000	5 088 000	2 968 000
Stock	0	0	3 000 000	8 520 000
Total Investments	0	0	0	0
Cash, Bank	6 000	102 000	169 000	159 000
Total Current Assets	6 000	318 000	3 611 000	9 272 000
Total Assets	6 000	459 000	8 698 000	12 240 000
Total Equity	−21 957 000	−20 654 000	−8 821 000	−1 167 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	21 911 000	20 718 000	17 063 000	12 998 000
Creditors	51 000	39 000	100 000	150 000
Unpaid Taxes	−13 000	187 000	167 000	84 000
Dividends	0	0	0	0
Other Current Debt	14 000	168 000	188 000	174 000
Total Current Debt	51 000	395 000	456 000	409 000
Total Equity and Debt	6 000	459 000	8 698 000	12 240 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,99 %	57,29 %	86,77 %	291,09 %
Debt-to-Equity Ratio	−1	−1	−1,93	−11,14
Operating Profit Margin	−13,07 %	−157,85 %	−672,96 %	−496,25 %
Current Ratio	0,12	0,81	7,92	22,67
Quick Ratio	0,12	0,81	−1,42	−1,14
Equity Ratio	−3 659,5	−45	−1,01	−0,1
Gross Profit Margin	98,82 %	80,55 %	80,2 %	78,85 %