TIMETRACK AS

7655 VERDAL

Finances

Share Ownership

Return on Equity

−6,19 %

Current Ratio

1,17

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	163 000	105 000	80 000	235 000
Net Income	−6 000	10 000	−20 000	9 000
Total Assets	195 000	129 000	113 000	166 000
Total Equity	97 000	103 000	92 000	112 000

Income (NOK)	2022	2021	2020	2019
Revenue	163 000	105 000	80 000	235 000
Expenditure	169 000	91 000	105 000	224 000
Operating Profit	−7 000	13 000	−25 000	11 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−7 000	13 000	−25 000	11 000
Tax	−2 000	3 000	−6 000	2 000
Net Income	−6 000	10 000	−20 000	9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	141 000	62 000	79 000	97 000
Total Current Assets	54 000	67 000	34 000	69 000
Total Assets	195 000	129 000	113 000	166 000
Total Retained Equity	67 000	73 000	62 000	82 000
Total Equity	97 000	103 000	92 000	112 000
Total Long-Term Debt	52 000	4 000	5 000	6 000
Total Current Debt	46 000	22 000	16 000	48 000
Total Equity and Debt	195 000	129 000	113 000	166 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	163 000	80 000	80 000	235 000
Other Income	0	25 000	0	0
Revenue	163 000	105 000	80 000	235 000
Cost of Goods Sold	0	0	4 000	1 000
Salary Costs	82 000	43 000	46 000	113 000
Depreciation	26 000	17 000	17 000	14 000
Impairment	0	0	0	0
Expenditure	169 000	91 000	105 000	224 000
Operating Profit	−7 000	13 000	−25 000	11 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−6 000	10 000	−20 000	9 000

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	141 000	62 000	79 000	97 000
Total Tangible Assets	141 000	62 000	79 000	97 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	141 000	62 000	79 000	97 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	42 000	67 000	29 000	58 000
Total Current Assets	54 000	67 000	34 000	69 000
Total Assets	195 000	129 000	113 000	166 000
Total Equity	97 000	103 000	92 000	112 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	52 000	4 000	5 000	6 000
Creditors	9 000	0	0	0
Unpaid Taxes	28 000	14 000	12 000	36 000
Dividends	0	0	0	0
Other Current Debt	9 000	4 000	4 000	10 000
Total Current Debt	46 000	22 000	16 000	48 000
Total Equity and Debt	195 000	129 000	113 000	166 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,19 %	9,71 %	−21,74 %	8,04 %
Debt-to-Equity Ratio	0,54	0,04	0,05	0,05
Operating Profit Margin	−4,29 %	12,38 %	−31,25 %	4,68 %
Current Ratio	1,17	3,05	2,13	1,44
Quick Ratio	1,17	3,05	2,13	1,44
Equity Ratio	0,5	0,8	0,81	0,67
Gross Profit Margin	100 %	100 %	95 %	99,57 %