TECO MARITIME GROUP AS

1366 LYSAKER

Finances

Return on Equity

2,24 %

Current Ratio

0,83

Debt-to-Equity Ratio

2,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	334 520 000	222 174 000	173 190 000	245 352 000
Net Income	972 000	−6 680 000	25 104 000	14 016 000
Total Assets	301 976 000	252 213 000	232 053 000	209 782 000
Total Equity	43 343 000	36 214 000	110 094 000	88 425 000

Income (NOK)	2022	2021	2020	2019
Revenue	334 520 000	222 174 000	173 190 000	245 352 000
Expenditure	325 202 000	212 816 000	187 393 000	235 739 000
Operating Profit	9 318 000	9 358 000	−14 203 000	9 613 000
Financial Income	21 984 000	11 451 000	39 532 000	9 727 000
Financial Costs	28 078 000	21 930 000	7 857 000	9 479 000
Financial Balance	−6 094 000	−10 479 000	31 675 000	248 000
Earnings Before Tax	3 224 000	−1 121 000	17 472 000	9 861 000
Tax	3 043 000	4 833 000	−5 950 000	−4 155 000
Net Income	972 000	−6 680 000	25 104 000	14 016 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	172 765 000	167 357 000	160 322 000	144 284 000
Total Current Assets	129 211 000	84 856 000	71 731 000	65 498 000
Total Assets	301 976 000	252 213 000	232 053 000	209 782 000
Total Retained Equity	−95 212 000	−102 341 000	−28 461 000	27 600 000
Total Equity	43 343 000	36 214 000	110 094 000	88 425 000
Total Long-Term Debt	103 329 000	103 559 000	33 487 000	9 343 000
Total Current Debt	155 304 000	112 442 000	88 473 000	112 014 000
Total Equity and Debt	301 976 000	252 215 000	232 054 000	209 782 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	334 475 000	221 489 000	167 029 000	245 352 000
Other Income	45 000	685 000	6 161 000	0
Revenue	334 520 000	222 174 000	173 190 000	245 352 000
Cost of Goods Sold	219 107 000	131 136 000	89 517 000	132 703 000
Salary Costs	74 070 000	61 204 000	65 113 000	70 115 000
Depreciation	4 466 000	5 411 000	4 769 000	5 034 000
Impairment	0	0	0	0
Expenditure	325 202 000	212 816 000	187 393 000	235 739 000
Operating Profit	9 318 000	9 358 000	−14 203 000	9 613 000
Financial Income	21 984 000	11 451 000	39 532 000	9 727 000
Financial Costs	28 078 000	21 930 000	7 857 000	9 479 000
Financial Balance	−6 094 000	−10 479 000	31 675 000	248 000
Dividends	4 005 000	1 412 000	0	0
Net Income	972 000	−6 680 000	25 104 000	14 016 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	108 944 000	108 153 000	108 879 000	108 873 000
Total Intangible Assets	141 679 000	131 653 000	129 257 000	122 748 000
Real Eastate	5 115 000	0	0	8 157 000
Machinery and Plant Facilities	0	0	0	3 495 000
Fixtures	18 280 000	28 028 000	17 509 000	0
Total Tangible Assets	23 395 000	28 028 000	17 509 000	11 652 000
Total Fiancial Fixed Assets	7 691 000	7 676 000	13 556 000	9 884 000
Total Fixed Assets	172 765 000	167 357 000	160 322 000	144 284 000
Stock	3 023 000	2 051 000	2 393 000	2 184 000
Total Investments	28 781 000	13 777 000	19 331 000	9 000
Cash, Bank	14 690 000	12 223 000	11 236 000	7 079 000
Total Current Assets	129 211 000	84 856 000	71 731 000	65 498 000
Total Assets	301 976 000	252 213 000	232 053 000	209 782 000
Total Equity	43 343 000	36 214 000	110 094 000	88 425 000
Short-Term Group Debt	1 694 000	0	5 761 000	7 110 000
Total Long-Term Debt	103 329 000	103 559 000	33 487 000	9 343 000
Creditors	95 475 000	52 649 000	23 910 000	47 999 000
Unpaid Taxes	9 116 000	4 876 000	3 861 000	5 524 000
Dividends	4 005 000	1 412 000	0	0
Other Current Debt	24 564 000	19 170 000	30 085 000	30 432 000
Total Current Debt	155 304 000	112 442 000	88 473 000	112 014 000
Total Equity and Debt	301 976 000	252 215 000	232 054 000	209 782 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,24 %	−18,45 %	22,8 %	15,85 %
Debt-to-Equity Ratio	2,38	2,86	0,3	0,11
Operating Profit Margin	2,79 %	4,21 %	−8,2 %	3,92 %
Current Ratio	0,83	0,75	0,81	0,58
Quick Ratio	0,85	0,77	0,83	0,6
Equity Ratio	0,14	0,14	0,47	0,42
Gross Profit Margin	34,5 %	40,98 %	48,31 %	45,91 %