TEACO AS

5514 HAUGESUND

Finances

Share Ownership

Return on Equity

38,52 %

Current Ratio

5,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 511 000	1 985 000	1 727 000	1 389 000
Net Income	1 091 000	685 000	623 000	168 000
Total Assets	3 488 000	2 112 000	1 453 000	678 000
Total Equity	2 832 000	1 741 000	1 056 000	434 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 511 000	1 985 000	1 727 000	1 389 000
Expenditure	1 196 000	1 073 000	896 000	1 204 000
Operating Profit	1 316 000	912 000	831 000	216 000
Financial Income	111 000	0	0	0
Financial Costs	28 000	34 000	33 000	0
Financial Balance	83 000	−34 000	−33 000	0
Earnings Before Tax	1 399 000	879 000	798 000	215 000
Tax	308 000	194 000	176 000	47 000
Net Income	1 091 000	685 000	623 000	168 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	3 488 000	2 112 000	1 453 000	678 000
Total Assets	3 488 000	2 112 000	1 453 000	678 000
Total Retained Equity	2 800 000	1 709 000	1 024 000	402 000
Total Equity	2 832 000	1 741 000	1 056 000	434 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	656 000	371 000	397 000	244 000
Total Equity and Debt	3 488 000	2 112 000	1 453 000	678 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 511 000	1 985 000	1 727 000	1 442 000
Other Income	0	0	0	−53 000
Revenue	2 511 000	1 985 000	1 727 000	1 389 000
Cost of Goods Sold	255 000	183 000	91 000	369 000
Salary Costs	776 000	759 000	674 000	648 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 196 000	1 073 000	896 000	1 204 000
Operating Profit	1 316 000	912 000	831 000	216 000
Financial Income	111 000	0	0	0
Financial Costs	28 000	34 000	33 000	0
Financial Balance	83 000	−34 000	−33 000	0
Dividends	0	0	0	0
Net Income	1 091 000	685 000	623 000	168 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 778 000	1 804 000	1 198 000	206 000
Total Current Assets	3 488 000	2 112 000	1 453 000	678 000
Total Assets	3 488 000	2 112 000	1 453 000	678 000
Total Equity	2 832 000	1 741 000	1 056 000	434 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	0	0	10 000
Unpaid Taxes	215 000	61 000	151 000	132 000
Dividends	0	0	0	0
Other Current Debt	127 000	116 000	70 000	55 000
Total Current Debt	656 000	371 000	397 000	244 000
Total Equity and Debt	3 488 000	2 112 000	1 453 000	678 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,52 %	39,35 %	59 %	38,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	52,41 %	45,94 %	48,12 %	15,55 %
Current Ratio	5,32	5,69	3,66	2,78
Quick Ratio	5,32	5,69	3,66	2,78
Equity Ratio	0,81	0,82	0,73	0,64
Gross Profit Margin	89,84 %	90,78 %	94,73 %	73,43 %