TEAM EL-TECH AS

4625 FLEKKERØY

Finances

Share Ownership

Return on Equity

−129,31 %

Current Ratio

3,67

Debt-to-Equity Ratio

−3,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 041 000	0	0	0
Net Income	878 000	−34 000	−12 000	−54 000
Total Assets	1 652 000	3 000	7 000	2 000
Total Equity	−679 000	−1 556 000	−1 522 000	−1 510 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 041 000	0	0	0
Expenditure	45 000	34 000	12 000	53 000
Operating Profit	996 000	−34 000	−12 000	−53 000
Financial Income	2 000	0	0	0
Financial Costs	0	0	1 000	1 000
Financial Balance	2 000	0	−1 000	−1 000
Earnings Before Tax	997 000	−34 000	−12 000	−54 000
Tax	119 000	0	0	0
Net Income	878 000	−34 000	−12 000	−54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 003 000	0	0	0
Total Current Assets	649 000	3 000	7 000	2 000
Total Assets	1 652 000	3 000	7 000	2 000
Total Retained Equity	−709 000	−1 586 000	−1 552 000	−1 540 000
Total Equity	−679 000	−1 556 000	−1 522 000	−1 510 000
Total Long-Term Debt	2 153 000	1 391 000	1 361 000	1 325 000
Total Current Debt	177 000	168 000	169 000	186 000
Total Equity and Debt	1 652 000	3 000	7 000	2 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 041 000	0	0	0
Other Income	0	0	0	0
Revenue	1 041 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	1 000	0	1 000	16 000
Depreciation	5 000	0	0	0
Impairment	0	0	0	0
Expenditure	45 000	34 000	12 000	53 000
Operating Profit	996 000	−34 000	−12 000	−53 000
Financial Income	2 000	0	0	0
Financial Costs	0	0	1 000	1 000
Financial Balance	2 000	0	−1 000	−1 000
Dividends	0	0	0	0
Net Income	878 000	−34 000	−12 000	−54 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 003 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 003 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 003 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	508 000	3 000	2 000	1 000
Total Current Assets	649 000	3 000	7 000	2 000
Total Assets	1 652 000	3 000	7 000	2 000
Total Equity	−679 000	−1 556 000	−1 522 000	−1 510 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 153 000	1 391 000	1 361 000	1 325 000
Creditors	5 000	0	0	16 000
Unpaid Taxes	1 000	0	1 000	2 000
Dividends	0	0	0	0
Other Current Debt	55 000	168 000	168 000	168 000
Total Current Debt	177 000	168 000	169 000	186 000
Total Equity and Debt	1 652 000	3 000	7 000	2 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−129,31 %	2,19 %	0,79 %	3,58 %
Debt-to-Equity Ratio	−3,17	−0,89	−0,89	−0,88
Operating Profit Margin	95,68 %	-	-	-
Current Ratio	3,67	0,02	0,04	0,01
Quick Ratio	3,67	0,02	0,04	0,01
Equity Ratio	−0,41	−518,67	−217,43	−755
Gross Profit Margin	100 %	-	-	-