TIMEEDIT NORGE AS

7052 TRONDHEIM

Finances

Share Ownership

Return on Equity

34,44 %

Current Ratio

1,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 689 000	1 304 000	1 303 000
Net Income	62 000	265 000	−172 000
Total Assets	419 000	318 000	113 000
Total Equity	180 000	117 000	−148 000

Income (NOK)	2022	2021	2020
Revenue	1 689 000	1 304 000	1 303 000
Expenditure	1 608 000	1 017 000	1 494 000
Operating Profit	80 000	288 000	−190 000
Financial Income	0	2 000	18 000
Financial Costs	0	1 000	0
Financial Balance	0	1 000	18 000
Earnings Before Tax	80 000	290 000	−172 000
Tax	18 000	25 000	0
Net Income	62 000	265 000	−172 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	419 000	318 000	113 000
Total Assets	419 000	318 000	113 000
Total Retained Equity	150 000	87 000	−178 000
Total Equity	180 000	117 000	−148 000
Total Long-Term Debt	0	0	0
Total Current Debt	240 000	201 000	261 000
Total Equity and Debt	419 000	318 000	113 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 689 000	1 304 000	1 303 000
Other Income	0	0	0
Revenue	1 689 000	1 304 000	1 303 000
Cost of Goods Sold	0	0	0
Salary Costs	1 304 000	866 000	1 245 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 608 000	1 017 000	1 494 000
Operating Profit	80 000	288 000	−190 000
Financial Income	0	2 000	18 000
Financial Costs	0	1 000	0
Financial Balance	0	1 000	18 000
Dividends	0	0	0
Net Income	62 000	265 000	−172 000

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	111 000	318 000	113 000
Total Current Assets	419 000	318 000	113 000
Total Assets	419 000	318 000	113 000
Total Equity	180 000	117 000	−148 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	17 000	8 000	7 000
Unpaid Taxes	97 000	64 000	84 000
Dividends	0	0	0
Other Current Debt	108 000	104 000	170 000
Total Current Debt	240 000	201 000	261 000
Total Equity and Debt	419 000	318 000	113 000

Financial indicators	2022	2021	2020
Return on Equity	34,44 %	226,5 %	116,22 %
Debt-to-Equity Ratio	0	0	−0
Operating Profit Margin	4,74 %	22,09 %	−14,58 %
Current Ratio	1,75	1,58	0,43
Quick Ratio	1,75	1,58	0,43
Equity Ratio	0,43	0,37	−1,31
Gross Profit Margin	100 %	100 %	100 %