TIME2STAFF AS

5057 BERGEN

Finances

Share Ownership

Return on Equity

19,24 %

Current Ratio

4,02

Debt-to-Equity Ratio

0,22

Key figures (NOK)	2022	2021	2020
Revenue	25 675 000	5 616 000	52 000
Net Income	768 000	−418 000	−88 000
Total Assets	5 490 000	4 353 000	853 000
Total Equity	3 992 000	3 224 000	426 000

Income (NOK)	2022	2021	2020
Revenue	25 675 000	5 616 000	52 000
Expenditure	24 779 000	6 078 000	141 000
Operating Profit	896 000	−463 000	−88 000
Financial Income	16 000	3 000	0
Financial Costs	87 000	23 000	0
Financial Balance	−71 000	−20 000	0
Earnings Before Tax	825 000	−483 000	−88 000
Tax	57 000	−65 000	0
Net Income	768 000	−418 000	−88 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	3 008 000	1 952 000	482 000
Total Current Assets	2 482 000	2 401 000	370 000
Total Assets	5 490 000	4 353 000	853 000
Total Retained Equity	768 000	0	−88 000
Total Equity	3 992 000	3 224 000	426 000
Total Long-Term Debt	879 000	646 000	250 000
Total Current Debt	618 000	483 000	176 000
Total Equity and Debt	5 490 000	4 353 000	853 000

Cash flow (NOK)	2022	2021	2020
Sales Income	25 675 000	5 584 000	52 000
Other Income	0	32 000	0
Revenue	25 675 000	5 616 000	52 000
Cost of Goods Sold	22 966 000	5 183 000	0
Salary Costs	233 000	0	0
Depreciation	637 000	231 000	44 000
Impairment	0	0	0
Expenditure	24 779 000	6 078 000	141 000
Operating Profit	896 000	−463 000	−88 000
Financial Income	16 000	3 000	0
Financial Costs	87 000	23 000	0
Financial Balance	−71 000	−20 000	0
Dividends	0	0	0
Net Income	768 000	−418 000	−88 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	3 008 000	1 952 000	332 000
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	150 000
Total Fixed Assets	3 008 000	1 952 000	482 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	17 000	1 122 000	15 000
Total Current Assets	2 482 000	2 401 000	370 000
Total Assets	5 490 000	4 353 000	853 000
Total Equity	3 992 000	3 224 000	426 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	879 000	646 000	250 000
Creditors	280 000	483 000	176 000
Unpaid Taxes	152 000	0	0
Dividends	0	0	0
Other Current Debt	157 000	0	0
Total Current Debt	618 000	483 000	176 000
Total Equity and Debt	5 490 000	4 353 000	853 000

Financial indicators	2022	2021	2020
Return on Equity	19,24 %	−12,97 %	−20,66 %
Debt-to-Equity Ratio	0,22	0,2	0,59
Operating Profit Margin	3,49 %	−8,24 %	−169,23 %
Current Ratio	4,02	4,97	2,1
Quick Ratio	4,02	4,97	2,1
Equity Ratio	0,73	0,74	0,5
Gross Profit Margin	10,55 %	7,71 %	100 %