TIMMEN EIENDOM AS

7940 OTTERSØY

Finances

Share Ownership

Return on Equity

−66,03 %

Current Ratio

1,13

Debt-to-Equity Ratio

11,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 655 000	1 674 000	1 559 000	2 507 000
Net Income	−552 000	327 000	−16 000	395 000
Total Assets	11 283 000	11 224 000	9 744 000	10 626 000
Total Equity	836 000	1 388 000	1 061 000	1 076 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 655 000	1 674 000	1 559 000	2 507 000
Expenditure	1 997 000	1 023 000	1 317 000	1 661 000
Operating Profit	−342 000	651 000	242 000	846 000
Financial Income	11 000	8 000	6 000	6 000
Financial Costs	376 000	239 000	267 000	337 000
Financial Balance	−365 000	−231 000	−261 000	−331 000
Earnings Before Tax	−708 000	421 000	−20 000	515 000
Tax	−156 000	93 000	−4 000	120 000
Net Income	−552 000	327 000	−16 000	395 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 740 000	9 460 000	8 872 000	8 461 000
Total Current Assets	543 000	1 764 000	871 000	2 166 000
Total Assets	11 283 000	11 224 000	9 744 000	10 626 000
Total Retained Equity	16 000	568 000	241 000	256 000
Total Equity	836 000	1 388 000	1 061 000	1 076 000
Total Long-Term Debt	9 968 000	9 205 000	7 908 000	8 505 000
Total Current Debt	479 000	631 000	775 000	1 045 000
Total Equity and Debt	11 283 000	11 224 000	9 744 000	10 626 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 655 000	1 674 000	1 559 000	2 507 000
Revenue	1 655 000	1 674 000	1 559 000	2 507 000
Cost of Goods Sold	0	0	−9 000	28 000
Salary Costs	528 000	37 000	33 000	19 000
Depreciation	121 000	121 000	160 000	464 000
Impairment	0	0	0	0
Expenditure	1 997 000	1 023 000	1 317 000	1 661 000
Operating Profit	−342 000	651 000	242 000	846 000
Financial Income	11 000	8 000	6 000	6 000
Financial Costs	376 000	239 000	267 000	337 000
Financial Balance	−365 000	−231 000	−261 000	−331 000
Dividends	0	0	0	0
Net Income	−552 000	327 000	−16 000	395 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 499 000	9 098 000	8 464 000	8 016 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	100 000	147 000	194 000	230 000
Total Tangible Assets	10 599 000	9 245 000	8 657 000	8 246 000
Total Fiancial Fixed Assets	140 000	215 000	215 000	215 000
Total Fixed Assets	10 740 000	9 460 000	8 872 000	8 461 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	20 000	1 250 000	183 000	88 000
Total Current Assets	543 000	1 764 000	871 000	2 166 000
Total Assets	11 283 000	11 224 000	9 744 000	10 626 000
Total Equity	836 000	1 388 000	1 061 000	1 076 000
Short-Term Group Debt	0	77 000	77 000	77 000
Total Long-Term Debt	9 968 000	9 205 000	7 908 000	8 505 000
Creditors	44 000	64 000	175 000	282 000
Unpaid Taxes	13 000	13 000	19 000	334 000
Dividends	0	0	0	0
Other Current Debt	422 000	353 000	419 000	310 000
Total Current Debt	479 000	631 000	775 000	1 045 000
Total Equity and Debt	11 283 000	11 224 000	9 744 000	10 626 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−66,03 %	23,56 %	−1,51 %	36,71 %
Debt-to-Equity Ratio	11,92	6,63	7,45	7,9
Operating Profit Margin	−20,66 %	38,89 %	15,52 %	33,75 %
Current Ratio	1,13	2,8	1,12	2,07
Quick Ratio	1,13	2,8	1,12	2,07
Equity Ratio	0,07	0,12	0,11	0,1
Gross Profit Margin	100 %	100 %	100,58 %	98,88 %