NORSK TIMBUR AS

3917 PORSGRUNN

Finances

Share Ownership

Return on Equity

−104,29 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 182 000	1 330 000	545 000
Net Income	−73 000	160 000	−35 000
Total Assets	202 000	279 000	184 000
Total Equity	70 000	143 000	−17 000

Income (NOK)	2022	2021	2020
Revenue	1 182 000	1 330 000	545 000
Expenditure	1 256 000	1 100 000	578 000
Operating Profit	−74 000	229 000	−34 000
Financial Income	0	0	0
Financial Costs	0	4 000	1 000
Financial Balance	0	−4 000	−1 000
Earnings Before Tax	−74 000	226 000	−35 000
Tax	−1 000	66 000	0
Net Income	−73 000	160 000	−35 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	30 000	42 000	54 000
Total Current Assets	172 000	237 000	130 000
Total Assets	202 000	279 000	184 000
Total Retained Equity	40 000	113 000	−47 000
Total Equity	70 000	143 000	−17 000
Total Long-Term Debt	0	2 000	0
Total Current Debt	132 000	135 000	200 000
Total Equity and Debt	202 000	279 000	184 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 182 000	1 330 000	545 000
Other Income	0	0	0
Revenue	1 182 000	1 330 000	545 000
Cost of Goods Sold	682 000	617 000	423 000
Salary Costs	0	0	0
Depreciation	12 000	12 000	6 000
Impairment	0	0	0
Expenditure	1 256 000	1 100 000	578 000
Operating Profit	−74 000	229 000	−34 000
Financial Income	0	0	0
Financial Costs	0	4 000	1 000
Financial Balance	0	−4 000	−1 000
Dividends	0	0	0
Net Income	−73 000	160 000	−35 000

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	30 000	42 000	54 000
Total Tangible Assets	30 000	42 000	54 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	30 000	42 000	54 000
Stock	50 000	116 000	6 000
Total Investments	0	0	0
Cash, Bank	6 000	41 000	13 000
Total Current Assets	172 000	237 000	130 000
Total Assets	202 000	279 000	184 000
Total Equity	70 000	143 000	−17 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	2 000	0
Creditors	98 000	72 000	184 000
Unpaid Taxes	34 000	10 000	0
Dividends	0	0	0
Other Current Debt	0	12 000	16 000
Total Current Debt	132 000	135 000	200 000
Total Equity and Debt	202 000	279 000	184 000

Financial indicators	2022	2021	2020
Return on Equity	−104,29 %	111,89 %	205,88 %
Debt-to-Equity Ratio	0	0,01	−0
Operating Profit Margin	−6,26 %	17,22 %	−6,24 %
Current Ratio	1,3	1,76	0,65
Quick Ratio	2,1	12,47	0,67
Equity Ratio	0,35	0,51	−0,09
Gross Profit Margin	42,3 %	53,61 %	22,39 %