25.TIME AS

0462 OSLO

Finances

Share Ownership

Return on Equity

65,69 %

Current Ratio

4,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	265 000	220 000	36 000	0
Net Income	67 000	114 000	18 000	0
Total Assets	128 000	93 000	20 000	2 000
Total Equity	102 000	35 000	20 000	−97 000

Income (NOK)	2022	2021	2020
Revenue	265 000	220 000	36 000
Expenditure	177 000	67 000	18 000
Operating Profit	88 000	153 000	18 000
Financial Income	0	2 000	0
Financial Costs	3 000	7 000	0
Financial Balance	−3 000	−5 000	0
Earnings Before Tax	85 000	148 000	18 000
Tax	19 000	33 000	0
Net Income	67 000	114 000	18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	0	0	0
Total Current Assets	118 000	93 000	20 000	2 000
Total Assets	128 000	93 000	20 000	2 000
Total Retained Equity	77 000	11 000	0	−99 000
Total Equity	102 000	35 000	20 000	−97 000
Total Long-Term Debt	0	11 000	−99 000	99 000
Total Current Debt	27 000	47 000	0	0
Total Equity and Debt	128 000	93 000	−79 000	2 000

Cash flow (NOK)	2022	2021	2020
Sales Income	264 000	220 000	36 000
Other Income	0	0	0
Revenue	265 000	220 000	36 000
Cost of Goods Sold	0	0	0
Salary Costs	7 000	2 000	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	177 000	67 000	18 000
Operating Profit	88 000	153 000	18 000
Financial Income	0	2 000	0
Financial Costs	3 000	7 000	0
Financial Balance	−3 000	−5 000	0
Dividends	0	0	0
Net Income	67 000	114 000	18 000

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	10 000	0	0	0
Total Fixed Assets	10 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	113 000	92 000	20 000	2 000
Total Current Assets	118 000	93 000	20 000	2 000
Total Assets	128 000	93 000	20 000	2 000
Total Equity	102 000	35 000	20 000	−97 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	11 000	−99 000	99 000
Creditors	8 000	4 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	10 000	0	0
Total Current Debt	27 000	47 000	0	0
Total Equity and Debt	128 000	93 000	−79 000	2 000

Financial indicators	2022	2021	2020	2019
Return on Equity	65,69 %	325,71 %	90 %	−0 %
Debt-to-Equity Ratio	0	0,31	−4,95	−1,02
Operating Profit Margin	33,21 %	69,55 %	50 %	-
Current Ratio	4,37	1,98	-	-
Quick Ratio	4,37	1,98	-	-
Equity Ratio	0,8	0,38	1	−48,5
Gross Profit Margin	100 %	100 %	100 %	-