TELTECH AS

5709 VOSS

Finances

Return on Equity

93,13 %

Current Ratio

0,81

Debt-to-Equity Ratio

6,78

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 318 000	19 320 000	18 473 000	17 131 000
Net Income	339 000	759 000	254 000	147 000
Total Assets	7 100 000	8 779 000	6 648 000	5 931 000
Total Equity	364 000	924 000	777 000	932 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 318 000	19 320 000	18 473 000	17 131 000
Expenditure	17 228 000	17 972 000	18 140 000	16 870 000
Operating Profit	1 088 000	1 347 000	333 000	262 000
Financial Income	38 000	37 000	36 000	0
Financial Costs	579 000	351 000	43 000	71 000
Financial Balance	−541 000	−314 000	−7 000	−71 000
Earnings Before Tax	548 000	1 033 000	326 000	191 000
Tax	208 000	273 000	72 000	44 000
Net Income	339 000	759 000	254 000	147 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 630 000	3 874 000	1 207 000	765 000
Total Current Assets	3 470 000	4 905 000	5 441 000	5 167 000
Total Assets	7 100 000	8 779 000	6 648 000	5 931 000
Total Retained Equity	264 000	824 000	677 000	832 000
Total Equity	364 000	924 000	777 000	932 000
Total Long-Term Debt	2 469 000	3 084 000	81 000	190 000
Total Current Debt	4 266 000	4 771 000	5 790 000	4 809 000
Total Equity and Debt	7 100 000	8 779 000	6 648 000	5 931 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 482 000	19 320 000	18 473 000	17 131 000
Other Income	836 000	0	0	0
Revenue	18 318 000	19 320 000	18 473 000	17 131 000
Cost of Goods Sold	3 720 000	4 233 000	3 633 000	2 315 000
Salary Costs	8 466 000	9 004 000	10 020 000	9 914 000
Depreciation	478 000	365 000	281 000	469 000
Impairment	0	0	0	0
Expenditure	17 228 000	17 972 000	18 140 000	16 870 000
Operating Profit	1 088 000	1 347 000	333 000	262 000
Financial Income	38 000	37 000	36 000	0
Financial Costs	579 000	351 000	43 000	71 000
Financial Balance	−541 000	−314 000	−7 000	−71 000
Dividends	0	0	0	0
Net Income	339 000	759 000	254 000	147 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	659 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 785 000	3 324 000	415 000	605 000
Total Tangible Assets	3 444 000	3 324 000	415 000	605 000
Total Fiancial Fixed Assets	186 000	551 000	792 000	160 000
Total Fixed Assets	3 630 000	3 874 000	1 207 000	765 000
Stock	564 000	598 000	825 000	441 000
Total Investments	0	0	0	0
Cash, Bank	265 000	291 000	302 000	336 000
Total Current Assets	3 470 000	4 905 000	5 441 000	5 167 000
Total Assets	7 100 000	8 779 000	6 648 000	5 931 000
Total Equity	364 000	924 000	777 000	932 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 469 000	3 084 000	81 000	190 000
Creditors	541 000	690 000	1 145 000	879 000
Unpaid Taxes	903 000	1 389 000	1 384 000	1 203 000
Dividends	0	0	0	0
Other Current Debt	2 257 000	2 364 000	2 164 000	1 835 000
Total Current Debt	4 266 000	4 771 000	5 790 000	4 809 000
Total Equity and Debt	7 100 000	8 779 000	6 648 000	5 931 000

Financial indicators	2022	2021	2020	2019
Return on Equity	93,13 %	82,14 %	32,69 %	15,77 %
Debt-to-Equity Ratio	6,78	3,34	0,1	0,2
Operating Profit Margin	5,94 %	6,97 %	1,8 %	1,53 %
Current Ratio	0,81	1,03	0,94	1,07
Quick Ratio	0,94	1,18	1,1	1,18
Equity Ratio	0,05	0,11	0,12	0,16
Gross Profit Margin	79,69 %	78,09 %	80,33 %	86,49 %