HC TIMING AS

0256 OSLO

Finances

Share Ownership

Return on Equity

330 %

Current Ratio

1,09

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 090 000	2 267 000	1 086 000	1 395 000
Net Income	495 000	837 000	14 000	11 000
Total Assets	1 279 000	1 397 000	188 000	394 000
Total Equity	150 000	154 000	52 000	38 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 090 000	2 267 000	1 086 000	1 395 000
Expenditure	1 466 000	1 193 000	1 060 000	1 378 000
Operating Profit	625 000	1 074 000	26 000	17 000
Financial Income	16 000	6 000	0	0
Financial Costs	3 000	7 000	8 000	3 000
Financial Balance	13 000	−1 000	−8 000	−3 000
Earnings Before Tax	637 000	1 073 000	18 000	14 000
Tax	142 000	236 000	4 000	3 000
Net Income	495 000	837 000	14 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 000	47 000	0	0
Total Current Assets	1 230 000	1 350 000	188 000	394 000
Total Assets	1 279 000	1 397 000	188 000	394 000
Total Retained Equity	120 000	124 000	22 000	8 000
Total Equity	150 000	154 000	52 000	38 000
Total Long-Term Debt	2 000	0	0	0
Total Current Debt	1 128 000	1 243 000	136 000	356 000
Total Equity and Debt	1 279 000	1 397 000	188 000	394 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 090 000	2 267 000	1 086 000	1 395 000
Other Income	0	0	0	0
Revenue	2 090 000	2 267 000	1 086 000	1 395 000
Cost of Goods Sold	311 000	339 000	121 000	183 000
Salary Costs	940 000	704 000	767 000	999 000
Depreciation	20 000	1 000	0	0
Impairment	0	0	0	0
Expenditure	1 466 000	1 193 000	1 060 000	1 378 000
Operating Profit	625 000	1 074 000	26 000	17 000
Financial Income	16 000	6 000	0	0
Financial Costs	3 000	7 000	8 000	3 000
Financial Balance	13 000	−1 000	−8 000	−3 000
Dividends	500 000	735 000	0	0
Net Income	495 000	837 000	14 000	11 000

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	49 000	47 000	0	0
Total Tangible Assets	49 000	47 000	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	49 000	47 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 204 000	1 351 000	149 000	280 000
Total Current Assets	1 230 000	1 350 000	188 000	394 000
Total Assets	1 279 000	1 397 000	188 000	394 000
Total Equity	150 000	154 000	52 000	38 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 000	0	0	0
Creditors	115 000	139 000	58 000	86 000
Unpaid Taxes	118 000	56 000	3 000	78 000
Dividends	500 000	735 000	0	0
Other Current Debt	253 000	77 000	71 000	189 000
Total Current Debt	1 128 000	1 243 000	136 000	356 000
Total Equity and Debt	1 279 000	1 397 000	188 000	394 000

Financial indicators	2022	2021	2020	2019
Return on Equity	330 %	543,51 %	26,92 %	28,95 %
Debt-to-Equity Ratio	0,01	0	0	0
Operating Profit Margin	29,9 %	47,38 %	2,39 %	1,22 %
Current Ratio	1,09	1,09	1,38	1,11
Quick Ratio	1,09	1,09	1,38	1,11
Equity Ratio	0,12	0,11	0,28	0,1
Gross Profit Margin	85,12 %	85,05 %	88,86 %	86,88 %