TIMO TRANSPORT AS

9100 KVALØYSLETTA

Finances

Share Ownership

Return on Equity

12,66 %

Current Ratio

7,47

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 283 000	2 051 000	2 263 000	2 067 000
Net Income	364 000	−100 000	552 000	555 000
Total Assets	3 326 000	3 081 000	3 252 000	2 872 000
Total Equity	2 875 000	2 511 000	2 611 000	2 059 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 283 000	2 051 000	2 263 000	2 067 000
Expenditure	1 819 000	2 175 000	1 544 000	1 331 000
Operating Profit	465 000	−124 000	719 000	737 000
Financial Income	2 000	0	1 000	1 000
Financial Costs	0	4 000	11 000	19 000
Financial Balance	2 000	−4 000	−10 000	−18 000
Earnings Before Tax	466 000	−128 000	709 000	718 000
Tax	103 000	−28 000	156 000	164 000
Net Income	364 000	−100 000	552 000	555 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	531 000	609 000	687 000	764 000
Total Current Assets	2 795 000	2 472 000	2 565 000	2 107 000
Total Assets	3 326 000	3 081 000	3 252 000	2 872 000
Total Retained Equity	2 845 000	2 481 000	2 581 000	2 029 000
Total Equity	2 875 000	2 511 000	2 611 000	2 059 000
Total Long-Term Debt	77 000	54 000	245 000	404 000
Total Current Debt	374 000	516 000	396 000	409 000
Total Equity and Debt	3 326 000	3 081 000	3 252 000	2 872 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 283 000	2 051 000	2 263 000	2 067 000
Other Income	0	0	0	0
Revenue	2 283 000	2 051 000	2 263 000	2 067 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 086 000	1 559 000	964 000	777 000
Depreciation	78 000	78 000	78 000	78 000
Impairment	0	0	0	0
Expenditure	1 819 000	2 175 000	1 544 000	1 331 000
Operating Profit	465 000	−124 000	719 000	737 000
Financial Income	2 000	0	1 000	1 000
Financial Costs	0	4 000	11 000	19 000
Financial Balance	2 000	−4 000	−10 000	−18 000
Dividends	0	0	0	0
Net Income	364 000	−100 000	552 000	555 000

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	531 000	609 000	687 000	764 000
Total Tangible Assets	531 000	609 000	687 000	764 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	531 000	609 000	687 000	764 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 667 000	2 247 000	2 413 000	1 936 000
Total Current Assets	2 795 000	2 472 000	2 565 000	2 107 000
Total Assets	3 326 000	3 081 000	3 252 000	2 872 000
Total Equity	2 875 000	2 511 000	2 611 000	2 059 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	77 000	54 000	245 000	404 000
Creditors	63 000	38 000	3 000	28 000
Unpaid Taxes	118 000	283 000	147 000	155 000
Dividends	0	0	0	0
Other Current Debt	113 000	195 000	93 000	75 000
Total Current Debt	374 000	516 000	396 000	409 000
Total Equity and Debt	3 326 000	3 081 000	3 252 000	2 872 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,66 %	−3,98 %	21,14 %	26,95 %
Debt-to-Equity Ratio	0,03	0,02	0,09	0,2
Operating Profit Margin	20,37 %	−6,05 %	31,77 %	35,66 %
Current Ratio	7,47	4,79	6,48	5,15
Quick Ratio	7,47	4,79	6,48	5,15
Equity Ratio	0,86	0,81	0,8	0,72
Gross Profit Margin	100 %	100 %	100 %	100 %