TIMMA AS

0250 OSLO

Finances

Share Ownership

Return on Equity

41,02 %

Current Ratio

1,25

Debt-to-Equity Ratio

−1,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 072 000	8 154 000	4 506 000	2 795 000
Net Income	−4 125 000	−1 635 000	−1 742 000	−1 442 000
Total Assets	4 583 000	4 238 000	963 000	570 000
Total Equity	−10 055 000	−5 930 000	−4 296 000	−5 534 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 072 000	8 154 000	4 506 000	2 795 000
Expenditure	16 673 000	9 927 000	6 248 000	4 187 000
Operating Profit	−3 601 000	−1 773 000	−1 741 000	−1 439 000
Financial Income	0	143 000	0	4 000
Financial Costs	525 000	4 000	1 000	7 000
Financial Balance	−525 000	139 000	−1 000	−3 000
Earnings Before Tax	−4 125 000	−1 635 000	−1 742 000	−1 442 000
Tax	0	0	0	0
Net Income	−4 125 000	−1 635 000	−1 742 000	−1 442 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 367 000	1 618 000	79 000	0
Total Current Assets	3 217 000	2 620 000	884 000	570 000
Total Assets	4 583 000	4 238 000	963 000	570 000
Total Retained Equity	−13 066 000	−8 941 000	−7 306 000	−5 564 000
Total Equity	−10 055 000	−5 930 000	−4 296 000	−5 534 000
Total Long-Term Debt	12 072 000	8 473 000	4 267 000	2 419 000
Total Current Debt	2 567 000	1 696 000	991 000	3 684 000
Total Equity and Debt	4 583 000	4 238 000	963 000	570 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 974 000	8 135 000	4 488 000	2 787 000
Other Income	98 000	20 000	18 000	8 000
Revenue	13 072 000	8 154 000	4 506 000	2 795 000
Cost of Goods Sold	1 587 000	1 198 000	798 000	476 000
Salary Costs	8 380 000	5 231 000	4 323 000	3 077 000
Depreciation	382 000	191 000	20 000	0
Impairment	0	0	0	0
Expenditure	16 673 000	9 927 000	6 248 000	4 187 000
Operating Profit	−3 601 000	−1 773 000	−1 741 000	−1 439 000
Financial Income	0	143 000	0	4 000
Financial Costs	525 000	4 000	1 000	7 000
Financial Balance	−525 000	139 000	−1 000	−3 000
Dividends	0	0	0	0
Net Income	−4 125 000	−1 635 000	−1 742 000	−1 442 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	1 203 000	1 539 000	0	0
Total Intangible Assets	1 203 000	1 539 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	164 000	79 000	79 000	0
Total Tangible Assets	164 000	79 000	79 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 367 000	1 618 000	79 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 388 000	1 948 000	545 000	337 000
Total Current Assets	3 217 000	2 620 000	884 000	570 000
Total Assets	4 583 000	4 238 000	963 000	570 000
Total Equity	−10 055 000	−5 930 000	−4 296 000	−5 534 000
Short-Term Group Debt	0	0	0	2 980 000
Total Long-Term Debt	12 072 000	8 473 000	4 267 000	2 419 000
Creditors	318 000	70 000	93 000	26 000
Unpaid Taxes	835 000	715 000	421 000	317 000
Dividends	0	0	0	0
Other Current Debt	1 413 000	911 000	477 000	362 000
Total Current Debt	2 567 000	1 696 000	991 000	3 684 000
Total Equity and Debt	4 583 000	4 238 000	963 000	570 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,02 %	27,57 %	40,55 %	26,06 %
Debt-to-Equity Ratio	−1,2	−1,43	−0,99	−0,44
Operating Profit Margin	−27,55 %	−21,74 %	−38,64 %	−51,48 %
Current Ratio	1,25	1,54	0,89	0,15
Quick Ratio	1,25	1,54	0,89	0,15
Equity Ratio	−2,19	−1,4	−4,46	−9,71
Gross Profit Margin	87,86 %	85,31 %	82,29 %	82,97 %