TIMX AS

3112 TØNSBERG

Finances

Share Ownership

Return on Equity

1 793,94 %

Current Ratio

2,77

Debt-to-Equity Ratio

−19,24

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 013 000	1 277 000	1 465 000	1 273 000
Net Income	−592 000	−260 000	136 000	−129 000
Total Assets	942 000	1 076 000	933 000	649 000
Total Equity	−33 000	360 000	360 000	224 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 013 000	1 277 000	1 465 000	1 273 000
Expenditure	1 607 000	1 611 000	1 290 000	1 438 000
Operating Profit	−594 000	−334 000	175 000	−165 000
Financial Income	2 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	1 000	0	0	0
Earnings Before Tax	−592 000	−334 000	175 000	−165 000
Tax	0	−73 000	39 000	−36 000
Net Income	−592 000	−260 000	136 000	−129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	942 000	1 076 000	933 000	649 000
Total Assets	942 000	1 076 000	933 000	649 000
Total Retained Equity	−263 000	136 000	136 000	−352 000
Total Equity	−33 000	360 000	360 000	224 000
Total Long-Term Debt	635 000	403 000	403 000	0
Total Current Debt	340 000	314 000	171 000	425 000
Total Equity and Debt	942 000	1 076 000	933 000	649 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 006 000	1 275 000	1 460 000	1 243 000
Other Income	7 000	3 000	5 000	30 000
Revenue	1 013 000	1 277 000	1 465 000	1 273 000
Cost of Goods Sold	0	405 000	350 000	88 000
Salary Costs	1 000 000	999 000	466 000	386 000
Depreciation	0	0	0	15 000
Impairment	0	0	0	0
Expenditure	1 607 000	1 611 000	1 290 000	1 438 000
Operating Profit	−594 000	−334 000	175 000	−165 000
Financial Income	2 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	1 000	0	0	0
Dividends	0	0	0	0
Net Income	−592 000	−260 000	136 000	−129 000

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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	45 000	37 000
Total Investments	0	0	0	0
Cash, Bank	194 000	142 000	217 000	82 000
Total Current Assets	942 000	1 076 000	933 000	649 000
Total Assets	942 000	1 076 000	933 000	649 000
Total Equity	−33 000	360 000	360 000	224 000
Short-Term Group Debt	0	99 000	0	353 000
Total Long-Term Debt	635 000	403 000	403 000	0
Creditors	55 000	11 000	7 000	13 000
Unpaid Taxes	147 000	103 000	89 000	22 000
Dividends	0	0	0	0
Other Current Debt	137 000	102 000	36 000	31 000
Total Current Debt	340 000	314 000	171 000	425 000
Total Equity and Debt	942 000	1 076 000	933 000	649 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 793,94 %	−72,22 %	37,78 %	−57,59 %
Debt-to-Equity Ratio	−19,24	1,12	1,12	0
Operating Profit Margin	−58,64 %	−26,16 %	11,95 %	−12,96 %
Current Ratio	2,77	3,43	5,46	1,53
Quick Ratio	2,77	3,43	7,4	1,67
Equity Ratio	−0,04	0,33	0,39	0,35
Gross Profit Margin	100 %	68,29 %	76,11 %	93,09 %