TIMAX AS

1163 OSLO

Finances

Return on Equity

1,01 %

Current Ratio

143,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	50 000	25 000	25 000
Net Income	22 000	4 183 000	14 000	35 000
Total Assets	2 175 000	5 676 000	1 254 000	2 260 000
Total Equity	2 171 000	5 436 000	1 253 000	1 240 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	50 000	25 000	25 000
Expenditure	27 000	20 000	19 000	14 000
Operating Profit	23 000	30 000	6 000	11 000
Financial Income	10 000	4 162 000	18 000	32 000
Financial Costs	7 000	2 000	9 000	8 000
Financial Balance	3 000	4 160 000	9 000	24 000
Earnings Before Tax	26 000	4 190 000	15 000	35 000
Tax	4 000	7 000	1 000	0
Net Income	22 000	4 183 000	14 000	35 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 601 000	1 495 000	1 250 000	1 200 000
Total Current Assets	574 000	4 180 000	4 000	1 059 000
Total Assets	2 175 000	5 676 000	1 254 000	2 260 000
Total Retained Equity	921 000	4 186 000	3 000	−10 000
Total Equity	2 171 000	5 436 000	1 253 000	1 240 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 000	239 000	1 000	1 020 000
Total Equity and Debt	2 175 000	5 676 000	1 254 000	2 260 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 000	50 000	25 000	25 000
Other Income	0	0	0	0
Revenue	50 000	50 000	25 000	25 000
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	27 000	20 000	19 000	14 000
Operating Profit	23 000	30 000	6 000	11 000
Financial Income	10 000	4 162 000	18 000	32 000
Financial Costs	7 000	2 000	9 000	8 000
Financial Balance	3 000	4 160 000	9 000	24 000
Dividends	0	0	0	0
Net Income	22 000	4 183 000	14 000	35 000

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	1 601 000	1 495 000	1 250 000	1 200 000
Total Fixed Assets	1 601 000	1 495 000	1 250 000	1 200 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	158 000	13 000	4 000	2 000
Total Current Assets	574 000	4 180 000	4 000	1 059 000
Total Assets	2 175 000	5 676 000	1 254 000	2 260 000
Total Equity	2 171 000	5 436 000	1 253 000	1 240 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	232 000	0	1 020 000
Total Current Debt	4 000	239 000	1 000	1 020 000
Total Equity and Debt	2 175 000	5 676 000	1 254 000	2 260 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,01 %	76,95 %	1,12 %	2,82 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	46 %	60 %	24 %	44 %
Current Ratio	143,5	17,49	4	1,04
Quick Ratio	143,5	17,49	4	1,04
Equity Ratio	1	0,96	1	0,55
Gross Profit Margin	100 %	100 %	100 %	100 %