TIMDAL BURETTSLAG

3674 NOTODDEN

Finances

Share Ownership

Return on Equity

40 %

Current Ratio

6,81

Debt-to-Equity Ratio

114,79

Key figures (NOK)	2022	2021	2020
Revenue	1 303 000	617 000	50 000
Net Income	176 000	89 000	15 000
Total Assets	51 028 000	22 878 000	22 710 000
Total Equity	440 000	184 000	95 000

Income (NOK)	2022	2021	2020
Revenue	1 303 000	617 000	50 000
Expenditure	465 000	283 000	7 000
Operating Profit	839 000	334 000	43 000
Financial Income	0	0	0
Financial Costs	663 000	245 000	29 000
Financial Balance	−663 000	−245 000	−29 000
Earnings Before Tax	839 000	334 000	43 000
Tax	0	0	0
Net Income	176 000	89 000	15 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	50 483 000	22 566 000	22 566 000
Total Current Assets	545 000	312 000	144 000
Total Assets	51 028 000	22 878 000	22 710 000
Total Retained Equity	280 000	104 000	15 000
Total Equity	440 000	184 000	95 000
Total Long-Term Debt	50 509 000	22 576 000	22 576 000
Total Current Debt	80 000	118 000	39 000
Total Equity and Debt	51 028 000	22 878 000	22 710 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	1 303 000	617 000	50 000
Revenue	1 303 000	617 000	50 000
Cost of Goods Sold	0	0	0
Salary Costs	16 000	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	465 000	283 000	7 000
Operating Profit	839 000	334 000	43 000
Financial Income	0	0	0
Financial Costs	663 000	245 000	29 000
Financial Balance	−663 000	−245 000	−29 000
Dividends	0	0	0
Net Income	176 000	89 000	15 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	50 483 000	22 566 000	22 566 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	50 483 000	22 566 000	22 566 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	50 483 000	22 566 000	22 566 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	388 000	254 000	95 000
Total Current Assets	545 000	312 000	144 000
Total Assets	51 028 000	22 878 000	22 710 000
Total Equity	440 000	184 000	95 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	50 509 000	22 576 000	22 576 000
Creditors	75 000	112 000	33 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	5 000	6 000	7 000
Total Current Debt	80 000	118 000	39 000
Total Equity and Debt	51 028 000	22 878 000	22 710 000

Financial indicators	2022	2021	2020
Return on Equity	40 %	48,37 %	15,79 %
Debt-to-Equity Ratio	114,79	122,7	237,64
Operating Profit Margin	64,39 %	54,13 %	86 %
Current Ratio	6,81	2,64	3,69
Quick Ratio	6,81	2,64	3,69
Equity Ratio	0,01	0,01	0
Gross Profit Margin	100 %	100 %	100 %