TIMEVAT AS

0668 OSLO

Finances

Share Ownership

Return on Equity

7 220 %

Current Ratio

1,01

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	7 375 000	5 348 000	0
Net Income	2 166 000	1 842 000	−3 000
Total Assets	2 833 000	2 426 000	1 407 000
Total Equity	30 000	30 000	27 000

Income (NOK)	2022	2021	2020
Revenue	7 375 000	5 348 000	0
Expenditure	4 615 000	3 002 000	0
Operating Profit	2 760 000	2 346 000	0
Financial Income	19 000	16 000	0
Financial Costs	2 000	0	3 000
Financial Balance	17 000	16 000	−3 000
Earnings Before Tax	2 777 000	2 361 000	−3 000
Tax	611 000	520 000	0
Net Income	2 166 000	1 842 000	−3 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	2 833 000	2 426 000	1 407 000
Total Assets	2 833 000	2 426 000	1 407 000
Total Retained Equity	0	0	−3 000
Total Equity	30 000	30 000	27 000
Total Long-Term Debt	0	0	0
Total Current Debt	2 803 000	2 396 000	1 379 000
Total Equity and Debt	2 833 000	2 426 000	1 407 000

Cash flow (NOK)	2022	2021	2020
Sales Income	7 375 000	5 348 000	0
Other Income	0	0	0
Revenue	7 375 000	5 348 000	0
Cost of Goods Sold	4 475 000	2 962 000	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	4 615 000	3 002 000	0
Operating Profit	2 760 000	2 346 000	0
Financial Income	19 000	16 000	0
Financial Costs	2 000	0	3 000
Financial Balance	17 000	16 000	−3 000
Dividends	2 166 000	1 839 000	0
Net Income	2 166 000	1 842 000	−3 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	0
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	167 000	15 000	1 407 000
Total Current Assets	2 833 000	2 426 000	1 407 000
Total Assets	2 833 000	2 426 000	1 407 000
Total Equity	30 000	30 000	27 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	0	0	0
Unpaid Taxes	0	0	0
Dividends	2 166 000	1 839 000	0
Other Current Debt	26 000	38 000	1 379 000
Total Current Debt	2 803 000	2 396 000	1 379 000
Total Equity and Debt	2 833 000	2 426 000	1 407 000

Financial indicators	2022	2021	2020
Return on Equity	7 220 %	6 140 %	−11,11 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	37,42 %	43,87 %	-
Current Ratio	1,01	1,01	1,02
Quick Ratio	1,01	1,01	1,02
Equity Ratio	0,01	0,01	0,02
Gross Profit Margin	39,32 %	44,61 %	-