TECNOVAP AS

1523 MOSS

Finances

Share Ownership

Return on Equity

36,74 %

Current Ratio

3,56

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 037 000	2 925 000	4 668 000	4 279 000
Net Income	650 000	336 000	253 000	−71 000
Total Assets	2 611 000	2 291 000	1 925 000	1 569 000
Total Equity	1 769 000	1 118 000	782 000	529 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 037 000	2 925 000	4 668 000	4 279 000
Expenditure	1 191 000	2 450 000	4 228 000	4 274 000
Operating Profit	846 000	476 000	439 000	5 000
Financial Income	9 000	4 000	17 000	10 000
Financial Costs	27 000	36 000	79 000	86 000
Financial Balance	−18 000	−32 000	−62 000	−76 000
Earnings Before Tax	828 000	444 000	377 000	−71 000
Tax	178 000	107 000	124 000	0
Net Income	650 000	336 000	253 000	−71 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	345 000	307 000	408 000	169 000
Total Current Assets	2 265 000	1 984 000	1 516 000	1 400 000
Total Assets	2 611 000	2 291 000	1 925 000	1 569 000
Total Retained Equity	1 667 000	1 016 000	646 000	392 000
Total Equity	1 769 000	1 118 000	782 000	529 000
Total Long-Term Debt	206 000	158 000	279 000	191 000
Total Current Debt	636 000	1 014 000	864 000	850 000
Total Equity and Debt	2 611 000	2 291 000	1 925 000	1 569 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 975 000	2 827 000	4 626 000	4 279 000
Other Income	62 000	98 000	42 000	0
Revenue	2 037 000	2 925 000	4 668 000	4 279 000
Cost of Goods Sold	119 000	1 542 000	2 494 000	2 062 000
Salary Costs	152 000	36 000	680 000	1 039 000
Depreciation	76 000	93 000	51 000	40 000
Impairment	0	0	0	0
Expenditure	1 191 000	2 450 000	4 228 000	4 274 000
Operating Profit	846 000	476 000	439 000	5 000
Financial Income	9 000	4 000	17 000	10 000
Financial Costs	27 000	36 000	79 000	86 000
Financial Balance	−18 000	−32 000	−62 000	−76 000
Dividends	0	0	0	0
Net Income	650 000	336 000	253 000	−71 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	18 000	28 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	308 000	253 000	329 000	20 000
Total Tangible Assets	308 000	253 000	329 000	20 000
Total Fiancial Fixed Assets	37 000	53 000	62 000	122 000
Total Fixed Assets	345 000	307 000	408 000	169 000
Stock	1 845 000	1 043 000	1 024 000	910 000
Total Investments	0	0	0	0
Cash, Bank	318 000	792 000	399 000	46 000
Total Current Assets	2 265 000	1 984 000	1 516 000	1 400 000
Total Assets	2 611 000	2 291 000	1 925 000	1 569 000
Total Equity	1 769 000	1 118 000	782 000	529 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	206 000	158 000	279 000	191 000
Creditors	372 000	637 000	253 000	384 000
Unpaid Taxes	94 000	270 000	348 000	284 000
Dividends	0	0	0	0
Other Current Debt	12 000	0	128 000	97 000
Total Current Debt	636 000	1 014 000	864 000	850 000
Total Equity and Debt	2 611 000	2 291 000	1 925 000	1 569 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,74 %	30,05 %	32,35 %	−13,42 %
Debt-to-Equity Ratio	0,12	0,14	0,36	0,36
Operating Profit Margin	41,53 %	16,27 %	9,4 %	0,12 %
Current Ratio	3,56	1,96	1,75	1,65
Quick Ratio	−1,87	−68,41	−9,48	−23,33
Equity Ratio	0,68	0,49	0,41	0,34
Gross Profit Margin	94,16 %	47,28 %	46,57 %	51,81 %