TIME2DISCOVER AS

1414 TROLLÅSEN

Finances

Share Ownership

Return on Equity

−82,69 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 001 000	1 800 000	54 000
Net Income	−406 000	1 152 000	8 000
Total Assets	1 341 000	1 627 000	57 000
Total Equity	491 000	1 190 000	38 000

Income (NOK)	2022	2021	2020
Revenue	1 001 000	1 800 000	54 000
Expenditure	1 407 000	323 000	44 000
Operating Profit	−405 000	1 476 000	10 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Earnings Before Tax	−406 000	1 476 000	10 000
Tax	0	325 000	2 000
Net Income	−406 000	1 152 000	8 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	0
Total Current Assets	1 341 000	1 627 000	57 000
Total Assets	1 341 000	1 627 000	57 000
Total Retained Equity	461 000	1 160 000	8 000
Total Equity	491 000	1 190 000	38 000
Total Long-Term Debt	0	0	0
Total Current Debt	850 000	437 000	19 000
Total Equity and Debt	1 341 000	1 627 000	57 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 155 000	1 425 000	54 000
Other Income	−153 000	375 000	0
Revenue	1 001 000	1 800 000	54 000
Cost of Goods Sold	216 000	81 000	8 000
Salary Costs	541 000	95 000	7 000
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	1 407 000	323 000	44 000
Operating Profit	−405 000	1 476 000	10 000
Financial Income	0	0	0
Financial Costs	1 000	0	0
Financial Balance	−1 000	0	0
Dividends	0	0	0
Net Income	−406 000	1 152 000	8 000

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	860 000	1 625 000	53 000
Total Current Assets	1 341 000	1 627 000	57 000
Total Assets	1 341 000	1 627 000	57 000
Total Equity	491 000	1 190 000	38 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	7 000	25 000	0
Unpaid Taxes	188 000	27 000	0
Dividends	0	0	0
Other Current Debt	738 000	61 000	17 000
Total Current Debt	850 000	437 000	19 000
Total Equity and Debt	1 341 000	1 627 000	57 000

Financial indicators	2022	2021	2020
Return on Equity	−82,69 %	96,81 %	21,05 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	−40,46 %	82 %	18,52 %
Current Ratio	1,58	3,72	3
Quick Ratio	1,58	3,72	3
Equity Ratio	0,37	0,73	0,67
Gross Profit Margin	78,42 %	95,5 %	85,19 %