TIME RECORDER CO AS

1364 FORNEBU

Finances

Return on Equity

37,94 %

Current Ratio

0,8

Debt-to-Equity Ratio

0,2

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 180 000	11 982 000	10 711 000	10 493 000
Net Income	967 000	716 000	33 000	311 000
Total Assets	6 441 000	5 980 000	5 717 000	5 657 000
Total Equity	2 549 000	2 083 000	1 616 000	1 584 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 180 000	11 982 000	10 711 000	10 493 000
Expenditure	12 880 000	11 046 000	10 420 000	9 902 000
Operating Profit	1 300 000	935 000	291 000	591 000
Financial Income	113 000	135 000	56 000	30 000
Financial Costs	174 000	152 000	325 000	220 000
Financial Balance	−61 000	−17 000	−269 000	−190 000
Earnings Before Tax	1 239 000	919 000	22 000	400 000
Tax	273 000	202 000	−11 000	90 000
Net Income	967 000	716 000	33 000	311 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 741 000	3 756 000	3 791 000	3 781 000
Total Current Assets	2 700 000	2 224 000	1 926 000	1 875 000
Total Assets	6 441 000	5 980 000	5 717 000	5 657 000
Total Retained Equity	2 449 000	1 983 000	1 516 000	1 484 000
Total Equity	2 549 000	2 083 000	1 616 000	1 584 000
Total Long-Term Debt	500 000	500 000	257 000	317 000
Total Current Debt	3 391 000	3 397 000	3 844 000	3 757 000
Total Equity and Debt	6 441 000	5 980 000	5 717 000	5 657 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 137 000	11 958 000	10 606 000	10 391 000
Other Income	43 000	24 000	105 000	102 000
Revenue	14 180 000	11 982 000	10 711 000	10 493 000
Cost of Goods Sold	6 487 000	5 772 000	5 130 000	4 494 000
Salary Costs	4 610 000	3 765 000	3 643 000	3 867 000
Depreciation	18 000	29 000	29 000	26 000
Impairment	0	0	0	0
Expenditure	12 880 000	11 046 000	10 420 000	9 902 000
Operating Profit	1 300 000	935 000	291 000	591 000
Financial Income	113 000	135 000	56 000	30 000
Financial Costs	174 000	152 000	325 000	220 000
Financial Balance	−61 000	−17 000	−269 000	−190 000
Dividends	500 000	250 000	0	500 000
Net Income	967 000	716 000	33 000	311 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 000	26 000	32 000	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	18 000	47 000	60 000
Total Tangible Assets	0	18 000	47 000	60 000
Total Fiancial Fixed Assets	3 712 000	3 712 000	3 712 000	3 712 000
Total Fixed Assets	3 741 000	3 756 000	3 791 000	3 781 000
Stock	447 000	432 000	605 000	604 000
Total Investments	0	0	0	0
Cash, Bank	457 000	302 000	168 000	136 000
Total Current Assets	2 700 000	2 224 000	1 926 000	1 875 000
Total Assets	6 441 000	5 980 000	5 717 000	5 657 000
Total Equity	2 549 000	2 083 000	1 616 000	1 584 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	500 000	500 000	257 000	317 000
Creditors	1 121 000	1 097 000	1 841 000	1 376 000
Unpaid Taxes	994 000	781 000	713 000	643 000
Dividends	500 000	250 000	0	500 000
Other Current Debt	501 000	623 000	444 000	456 000
Total Current Debt	3 391 000	3 397 000	3 844 000	3 757 000
Total Equity and Debt	6 441 000	5 980 000	5 717 000	5 657 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,94 %	34,37 %	2,04 %	19,63 %
Debt-to-Equity Ratio	0,2	0,24	0,16	0,2
Operating Profit Margin	9,17 %	7,8 %	2,72 %	5,63 %
Current Ratio	0,8	0,65	0,5	0,5
Quick Ratio	0,92	0,75	0,59	0,59
Equity Ratio	0,4	0,35	0,28	0,28
Gross Profit Margin	54,25 %	51,83 %	52,11 %	57,17 %