TIMEIT AS

4353 KLEPP STASJON

Finances

Share Ownership

Return on Equity

76,66 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	18 533 000	17 209 000	15 204 000	13 188 000
Net Income	496 000	614 000	504 000	449 000
Total Assets	3 280 000	3 557 000	3 963 000	3 124 000
Total Equity	647 000	564 000	1 513 000	1 209 000

Income (NOK)	2022	2021	2020	2019
Revenue	18 533 000	17 209 000	15 204 000	13 188 000
Expenditure	17 888 000	16 423 000	14 546 000	12 603 000
Operating Profit	646 000	787 000	658 000	585 000
Financial Income	5 000	7 000	4 000	1 000
Financial Costs	13 000	7 000	8 000	7 000
Financial Balance	−8 000	0	−4 000	−6 000
Earnings Before Tax	639 000	787 000	655 000	579 000
Tax	142 000	173 000	151 000	130 000
Net Income	496 000	614 000	504 000	449 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	19 000	35 000	91 000
Total Current Assets	3 260 000	3 538 000	3 929 000	3 033 000
Total Assets	3 280 000	3 557 000	3 963 000	3 124 000
Total Retained Equity	497 000	414 000	1 363 000	1 059 000
Total Equity	647 000	564 000	1 513 000	1 209 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 633 000	2 993 000	2 450 000	1 915 000
Total Equity and Debt	3 280 000	3 557 000	3 963 000	3 124 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	18 533 000	17 207 000	15 193 000	13 188 000
Other Income	0	2 000	11 000	0
Revenue	18 533 000	17 209 000	15 204 000	13 188 000
Cost of Goods Sold	9 737 000	8 241 000	7 172 000	6 603 000
Salary Costs	6 242 000	6 358 000	5 558 000	4 499 000
Depreciation	5 000	10 000	49 000	38 000
Impairment	0	0	0	0
Expenditure	17 888 000	16 423 000	14 546 000	12 603 000
Operating Profit	646 000	787 000	658 000	585 000
Financial Income	5 000	7 000	4 000	1 000
Financial Costs	13 000	7 000	8 000	7 000
Financial Balance	−8 000	0	−4 000	−6 000
Dividends	413 000	263 000	200 000	190 000
Net Income	496 000	614 000	504 000	449 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	14 000	20 000	27 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	5 000	15 000	64 000
Total Tangible Assets	0	5 000	15 000	64 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	20 000	19 000	35 000	91 000
Stock	30 000	27 000	63 000	57 000
Total Investments	0	0	0	0
Cash, Bank	1 719 000	2 010 000	2 442 000	1 434 000
Total Current Assets	3 260 000	3 538 000	3 929 000	3 033 000
Total Assets	3 280 000	3 557 000	3 963 000	3 124 000
Total Equity	647 000	564 000	1 513 000	1 209 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 087 000	934 000	522 000	487 000
Unpaid Taxes	835 000	706 000	824 000	563 000
Dividends	413 000	263 000	200 000	190 000
Other Current Debt	151 000	922 000	760 000	546 000
Total Current Debt	2 633 000	2 993 000	2 450 000	1 915 000
Total Equity and Debt	3 280 000	3 557 000	3 963 000	3 124 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,66 %	108,87 %	33,31 %	37,14 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	3,49 %	4,57 %	4,33 %	4,44 %
Current Ratio	1,24	1,18	1,6	1,58
Quick Ratio	1,25	1,19	1,65	1,63
Equity Ratio	0,2	0,16	0,38	0,39
Gross Profit Margin	47,46 %	52,11 %	52,83 %	49,93 %