TEKNISK ETTERFORSKNING AS

1466 STRØMMEN

Finances

Share Ownership

Return on Equity

103,61 %

Current Ratio

1,27

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	357 000	143 000	147 000	161 000
Net Income	172 000	−43 000	−54 000	−38 000
Total Assets	414 000	331 000	408 000	314 000
Total Equity	166 000	−6 000	37 000	92 000

Income (NOK)	2022	2021	2020	2019
Revenue	357 000	143 000	147 000	161 000
Expenditure	175 000	187 000	201 000	198 000
Operating Profit	183 000	−43 000	−54 000	−38 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	182 000	−43 000	−54 000	−38 000
Tax	10 000	0	0	0
Net Income	172 000	−43 000	−54 000	−38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	100 000	125 000	157 000	197 000
Total Current Assets	315 000	206 000	251 000	118 000
Total Assets	414 000	331 000	408 000	314 000
Total Retained Equity	132 000	−40 000	0	0
Total Equity	166 000	−6 000	37 000	92 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	248 000	336 000	371 000	223 000
Total Equity and Debt	414 000	331 000	408 000	314 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	357 000	143 000	147 000	161 000
Other Income	0	0	0	0
Revenue	357 000	143 000	147 000	161 000
Cost of Goods Sold	3 000	18 000	21 000	13 000
Salary Costs	0	0	0	3 000
Depreciation	25 000	32 000	40 000	50 000
Impairment	0	0	0	0
Expenditure	175 000	187 000	201 000	198 000
Operating Profit	183 000	−43 000	−54 000	−38 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	172 000	−43 000	−54 000	−38 000

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	94 000	118 000	147 000	184 000
Fixtures	5 000	7 000	9 000	13 000
Total Tangible Assets	100 000	125 000	157 000	197 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	100 000	125 000	157 000	197 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	315 000	101 000	150 000	86 000
Total Current Assets	315 000	206 000	251 000	118 000
Total Assets	414 000	331 000	408 000	314 000
Total Equity	166 000	−6 000	37 000	92 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	17 000	0
Unpaid Taxes	76 000	19 000	18 000	−32 000
Dividends	0	0	0	0
Other Current Debt	162 000	317 000	341 000	258 000
Total Current Debt	248 000	336 000	371 000	223 000
Total Equity and Debt	414 000	331 000	408 000	314 000

Financial indicators	2022	2021	2020	2019
Return on Equity	103,61 %	716,67 %	−145,95 %	−41,3 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	51,26 %	−30,07 %	−36,73 %	−23,6 %
Current Ratio	1,27	0,61	0,68	0,53
Quick Ratio	1,27	0,61	0,68	0,53
Equity Ratio	0,4	−0,02	0,09	0,29
Gross Profit Margin	99,16 %	87,41 %	85,71 %	91,93 %