TIME 2 TRADE AS

1366 LYSAKER

Finances

Share Ownership

Return on Equity

−4,31 %

Current Ratio

3,81

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 074 000	1 021 000	1 067 000	996 000
Net Income	−10 000	22 000	38 000	10 000
Total Assets	312 000	392 000	386 000	245 000
Total Equity	232 000	242 000	220 000	182 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 074 000	1 021 000	1 067 000	996 000
Expenditure	1 094 000	990 000	1 019 000	977 000
Operating Profit	−20 000	31 000	48 000	17 000
Financial Income	14 000	3 000	8 000	1 000
Financial Costs	2 000	5 000	5 000	6 000
Financial Balance	12 000	−2 000	3 000	−5 000
Earnings Before Tax	−8 000	28 000	51 000	13 000
Tax	2 000	6 000	13 000	3 000
Net Income	−10 000	22 000	38 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	18 000	28 000	0
Total Current Assets	305 000	374 000	358 000	245 000
Total Assets	312 000	392 000	386 000	245 000
Total Retained Equity	202 000	212 000	190 000	152 000
Total Equity	232 000	242 000	220 000	182 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	80 000	150 000	166 000	62 000
Total Equity and Debt	312 000	392 000	386 000	245 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 074 000	1 021 000	1 067 000	996 000
Other Income	0	0	0	0
Revenue	1 074 000	1 021 000	1 067 000	996 000
Cost of Goods Sold	0	0	0	0
Salary Costs	877 000	754 000	823 000	705 000
Depreciation	10 000	10 000	3 000	6 000
Impairment	0	0	0	0
Expenditure	1 094 000	990 000	1 019 000	977 000
Operating Profit	−20 000	31 000	48 000	17 000
Financial Income	14 000	3 000	8 000	1 000
Financial Costs	2 000	5 000	5 000	6 000
Financial Balance	12 000	−2 000	3 000	−5 000
Dividends	0	0	0	0
Net Income	−10 000	22 000	38 000	10 000

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	0	0	0	0
Fixtures	8 000	18 000	28 000	0
Total Tangible Assets	8 000	18 000	28 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	8 000	18 000	28 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	174 000	374 000	358 000	229 000
Total Current Assets	305 000	374 000	358 000	245 000
Total Assets	312 000	392 000	386 000	245 000
Total Equity	232 000	242 000	220 000	182 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	−3 000	−2 000	−1 000
Unpaid Taxes	39 000	65 000	76 000	58 000
Dividends	0	0	0	0
Other Current Debt	41 000	81 000	82 000	2 000
Total Current Debt	80 000	150 000	166 000	62 000
Total Equity and Debt	312 000	392 000	386 000	245 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,31 %	9,09 %	17,27 %	5,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,86 %	3,04 %	4,5 %	1,71 %
Current Ratio	3,81	2,49	2,16	3,95
Quick Ratio	3,81	2,49	2,16	3,95
Equity Ratio	0,74	0,62	0,57	0,74
Gross Profit Margin	100 %	100 %	100 %	100 %