TIMED AS

1056 OSLO

Finances

Share Ownership

Return on Equity

−24,68 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 492 000	1 086 000	830 000	841 000
Net Income	−19 000	10 000	46 000	−31 000
Total Assets	368 000	242 000	248 000	203 000
Total Equity	77 000	97 000	70 000	24 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 492 000	1 086 000	830 000	841 000
Expenditure	1 509 000	1 067 000	775 000	875 000
Operating Profit	−17 000	19 000	55 000	−34 000
Financial Income	0	1 000	0	2 000
Financial Costs	1 000	1 000	1 000	2 000
Financial Balance	−1 000	0	−1 000	0
Earnings Before Tax	−18 000	19 000	54 000	−35 000
Tax	1 000	9 000	8 000	−4 000
Net Income	−19 000	10 000	46 000	−31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	74 000	104 000	91 000	70 000
Total Current Assets	294 000	138 000	157 000	133 000
Total Assets	368 000	242 000	248 000	203 000
Total Retained Equity	47 000	67 000	40 000	−6 000
Total Equity	77 000	97 000	70 000	24 000
Total Long-Term Debt	0	0	3 000	0
Total Current Debt	291 000	146 000	175 000	180 000
Total Equity and Debt	368 000	242 000	248 000	203 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 444 000	1 031 000	766 000	809 000
Other Income	48 000	55 000	64 000	32 000
Revenue	1 492 000	1 086 000	830 000	841 000
Cost of Goods Sold	128 000	60 000	81 000	79 000
Salary Costs	963 000	506 000	299 000	318 000
Depreciation	29 000	27 000	26 000	21 000
Impairment	0	0	0	0
Expenditure	1 509 000	1 067 000	775 000	875 000
Operating Profit	−17 000	19 000	55 000	−34 000
Financial Income	0	1 000	0	2 000
Financial Costs	1 000	1 000	1 000	2 000
Financial Balance	−1 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	−19 000	10 000	46 000	−31 000

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	35 000	52 000	49 000	70 000
Fixtures	26 000	38 000	42 000	0
Total Tangible Assets	61 000	90 000	91 000	70 000
Total Fiancial Fixed Assets	14 000	14 000	0	0
Total Fixed Assets	74 000	104 000	91 000	70 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	215 000	138 000	138 000	119 000
Total Current Assets	294 000	138 000	157 000	133 000
Total Assets	368 000	242 000	248 000	203 000
Total Equity	77 000	97 000	70 000	24 000
Short-Term Group Debt	0	0	90 000	90 000
Total Long-Term Debt	0	0	3 000	0
Creditors	31 000	39 000	4 000	3 000
Unpaid Taxes	113 000	35 000	38 000	27 000
Dividends	0	0	0	0
Other Current Debt	140 000	59 000	39 000	60 000
Total Current Debt	291 000	146 000	175 000	180 000
Total Equity and Debt	368 000	242 000	248 000	203 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−24,68 %	10,31 %	65,71 %	−129,17 %
Debt-to-Equity Ratio	0	0	0,04	0
Operating Profit Margin	−1,14 %	1,75 %	6,63 %	−4,04 %
Current Ratio	1,01	0,95	0,9	0,74
Quick Ratio	1,01	0,95	0,9	0,74
Equity Ratio	0,21	0,4	0,28	0,12
Gross Profit Margin	91,42 %	94,48 %	90,24 %	90,61 %