TIMPELEN HOLDING AS

4012 STAVANGER

Finances

Return on Equity

423,32 %

Current Ratio

1,23

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	1 634 000	1 193 000	1 035 000	−12 000
Total Assets	1 909 000	1 460 000	910 000	75 000
Total Equity	386 000	252 000	259 000	74 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	0	0	15 000	13 000
Operating Profit	0	0	−15 000	−13 000
Financial Income	1 656 000	1 200 000	1 050 000	0
Financial Costs	0	0	0	0
Financial Balance	1 656 000	1 200 000	1 050 000	0
Earnings Before Tax	1 656 000	1 200 000	1 035 000	−12 000
Tax	22 000	7 000	0	0
Net Income	1 634 000	1 193 000	1 035 000	−12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	50 000	10 000	10 000	10 000
Total Current Assets	1 859 000	1 450 000	900 000	65 000
Total Assets	1 909 000	1 460 000	910 000	75 000
Total Retained Equity	356 000	222 000	229 000	44 000
Total Equity	386 000	252 000	259 000	74 000
Total Long-Term Debt	11 000	0	0	0
Total Current Debt	1 512 000	1 208 000	651 000	1 000
Total Equity and Debt	1 909 000	1 460 000	910 000	75 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	0	15 000	13 000
Operating Profit	0	0	−15 000	−13 000
Financial Income	1 656 000	1 200 000	1 050 000	0
Financial Costs	0	0	0	0
Financial Balance	1 656 000	1 200 000	1 050 000	0
Dividends	1 500 000	1 200 000	850 000	0
Net Income	1 634 000	1 193 000	1 035 000	−12 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	50 000	10 000	10 000	10 000
Total Fixed Assets	50 000	10 000	10 000	10 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	203 000	250 000	100 000	65 000
Total Current Assets	1 859 000	1 450 000	900 000	65 000
Total Assets	1 909 000	1 460 000	910 000	75 000
Total Equity	386 000	252 000	259 000	74 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 000	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	1 500 000	1 200 000	850 000	0
Other Current Debt	1 000	1 000	1 000	1 000
Total Current Debt	1 512 000	1 208 000	651 000	1 000
Total Equity and Debt	1 909 000	1 460 000	910 000	75 000

Financial indicators	2022	2021	2020	2019
Return on Equity	423,32 %	473,41 %	399,61 %	−16,22 %
Debt-to-Equity Ratio	0,03	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	1,23	1,2	1,38	65
Quick Ratio	1,23	1,2	1,38	65
Equity Ratio	0,2	0,17	0,28	0,99
Gross Profit Margin	-	-	-	-