TIMENES AS

4624 KRISTIANSAND S

Finances

Return on Equity

10,03 %

Current Ratio

5,03

Debt-to-Equity Ratio

0,08

Key figures (NOK)	2022	2021	2020	2019
Revenue	250 000	250 000	250 000	250 000
Net Income	293 000	282 000	291 000	288 000
Total Assets	3 420 000	3 482 000	3 471 000	3 497 000
Total Equity	2 920 000	2 847 000	2 910 000	2 873 000

Income (NOK)	2022	2021	2020	2019
Revenue	250 000	250 000	250 000	250 000
Expenditure	54 000	56 000	48 000	52 000
Operating Profit	196 000	194 000	202 000	198 000
Financial Income	142 000	133 000	136 000	136 000
Financial Costs	0	0	0	0
Financial Balance	142 000	133 000	136 000	136 000
Earnings Before Tax	338 000	326 000	338 000	334 000
Tax	45 000	45 000	47 000	46 000
Net Income	293 000	282 000	291 000	288 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 037 000	2 047 000	2 058 000	2 068 000
Total Current Assets	1 383 000	1 434 000	1 413 000	1 429 000
Total Assets	3 420 000	3 482 000	3 471 000	3 497 000
Total Retained Equity	2 620 000	2 547 000	2 610 000	2 573 000
Total Equity	2 920 000	2 847 000	2 910 000	2 873 000
Total Long-Term Debt	225 000	234 000	246 000	260 000
Total Current Debt	275 000	400 000	316 000	364 000
Total Equity and Debt	3 420 000	3 482 000	3 471 000	3 497 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	250 000	250 000	250 000	250 000
Revenue	250 000	250 000	250 000	250 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	16 000	16 000	16 000	16 000
Impairment	0	0	0	0
Expenditure	54 000	56 000	48 000	52 000
Operating Profit	196 000	194 000	202 000	198 000
Financial Income	142 000	133 000	136 000	136 000
Financial Costs	0	0	0	0
Financial Balance	142 000	133 000	136 000	136 000
Dividends	220 000	344 000	255 000	300 000
Net Income	293 000	282 000	291 000	288 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 494 000	1 510 000	1 526 000	1 542 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 494 000	1 510 000	1 526 000	1 542 000
Total Fiancial Fixed Assets	543 000	537 000	532 000	526 000
Total Fixed Assets	2 037 000	2 047 000	2 058 000	2 068 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	137 000	140 000	127 000	241 000
Total Current Assets	1 383 000	1 434 000	1 413 000	1 429 000
Total Assets	3 420 000	3 482 000	3 471 000	3 497 000
Total Equity	2 920 000	2 847 000	2 910 000	2 873 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	225 000	234 000	246 000	260 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	220 000	344 000	255 000	300 000
Other Current Debt	0	0	0	0
Total Current Debt	275 000	400 000	316 000	364 000
Total Equity and Debt	3 420 000	3 482 000	3 471 000	3 497 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,03 %	9,91 %	10 %	10,02 %
Debt-to-Equity Ratio	0,08	0,08	0,08	0,09
Operating Profit Margin	78,4 %	77,6 %	80,8 %	79,2 %
Current Ratio	5,03	3,59	4,47	3,93
Quick Ratio	5,03	3,59	4,47	3,93
Equity Ratio	0,85	0,82	0,84	0,82
Gross Profit Margin	100 %	100 %	100 %	100 %