TIMELY AS

0579 OSLO

Finances

Return on Equity

−63,7 %

Current Ratio

3,09

Debt-to-Equity Ratio

0,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	26 932 000	21 252 000	21 251 000	15 906 000
Net Income	−38 367 000	−22 694 000	−4 667 000	−12 013 000
Total Assets	86 816 000	119 786 000	36 908 000	27 281 000
Total Equity	60 229 000	98 595 000	15 906 000	20 573 000

Income (NOK)	2022	2021	2020	2019
Revenue	26 932 000	21 252 000	21 251 000	15 906 000
Expenditure	64 618 000	43 521 000	25 880 000	27 956 000
Operating Profit	−37 686 000	−22 269 000	−4 629 000	−12 050 000
Financial Income	6 000	88 000	86 000	47 000
Financial Costs	687 000	514 000	124 000	11 000
Financial Balance	−681 000	−426 000	−38 000	36 000
Earnings Before Tax	−38 367 000	−22 694 000	−4 667 000	−12 013 000
Tax	0	0	0	0
Net Income	−38 367 000	−22 694 000	−4 667 000	−12 013 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 028 000	25 615 000	21 893 000	12 549 000
Total Current Assets	52 788 000	94 172 000	15 015 000	14 731 000
Total Assets	86 816 000	119 786 000	36 908 000	27 281 000
Total Retained Equity	0	0	0	0
Total Equity	60 229 000	98 595 000	15 906 000	20 573 000
Total Long-Term Debt	9 500 000	10 000 000	13 701 000	0
Total Current Debt	17 087 000	11 191 000	7 301 000	6 708 000
Total Equity and Debt	86 816 000	119 786 000	36 908 000	27 281 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	26 932 000	21 252 000	20 051 000	15 906 000
Other Income	0	0	1 200 000	0
Revenue	26 932 000	21 252 000	21 251 000	15 906 000
Cost of Goods Sold	0	0	0	0
Salary Costs	15 317 000	16 574 000	13 008 000	11 221 000
Depreciation	8 883 000	4 508 000	1 332 000	236 000
Impairment	0	0	0	0
Expenditure	64 618 000	43 521 000	25 880 000	27 956 000
Operating Profit	−37 686 000	−22 269 000	−4 629 000	−12 050 000
Financial Income	6 000	88 000	86 000	47 000
Financial Costs	687 000	514 000	124 000	11 000
Financial Balance	−681 000	−426 000	−38 000	36 000
Dividends	0	0	0	0
Net Income	−38 367 000	−22 694 000	−4 667 000	−12 013 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	30 558 000	23 457 000	19 293 000	10 894 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	17 000	57 000	134 000	105 000
Total Tangible Assets	17 000	57 000	134 000	105 000
Total Fiancial Fixed Assets	3 453 000	2 101 000	2 466 000	1 550 000
Total Fixed Assets	34 028 000	25 615 000	21 893 000	12 549 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	42 797 000	89 974 000	9 902 000	9 487 000
Total Current Assets	52 788 000	94 172 000	15 015 000	14 731 000
Total Assets	86 816 000	119 786 000	36 908 000	27 281 000
Total Equity	60 229 000	98 595 000	15 906 000	20 573 000
Short-Term Group Debt	0	0	20 000	20 000
Total Long-Term Debt	9 500 000	10 000 000	13 701 000	0
Creditors	4 414 000	3 031 000	786 000	1 525 000
Unpaid Taxes	1 050 000	1 070 000	973 000	870 000
Dividends	0	0	0	0
Other Current Debt	11 623 000	7 090 000	5 522 000	4 293 000
Total Current Debt	17 087 000	11 191 000	7 301 000	6 708 000
Total Equity and Debt	86 816 000	119 786 000	36 908 000	27 281 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−63,7 %	−23,02 %	−29,34 %	−58,39 %
Debt-to-Equity Ratio	0,16	0,1	0,86	0
Operating Profit Margin	−139,93 %	−104,79 %	−21,78 %	−75,76 %
Current Ratio	3,09	8,41	2,06	2,2
Quick Ratio	3,09	8,41	2,06	2,2
Equity Ratio	0,69	0,82	0,43	0,75
Gross Profit Margin	100 %	100 %	100 %	100 %