TIMIK AS

0667 OSLO

Finances

Share Ownership

Return on Equity

2,72 %

Current Ratio

1,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	88 891 000	90 715 000	78 401 000	59 467 000
Net Income	447 000	4 391 000	2 530 000	1 991 000
Total Assets	55 736 000	47 110 000	51 108 000	36 871 000
Total Equity	16 441 000	15 994 000	11 603 000	9 073 000

Income (NOK)	2022	2021	2020	2019
Revenue	88 891 000	90 715 000	78 401 000	59 467 000
Expenditure	87 209 000	85 348 000	74 244 000	56 553 000
Operating Profit	1 682 000	5 366 000	4 157 000	2 914 000
Financial Income	492 000	1 541 000	1 059 000	172 000
Financial Costs	1 601 000	1 277 000	1 971 000	532 000
Financial Balance	−1 109 000	264 000	−912 000	−360 000
Earnings Before Tax	573 000	5 630 000	3 245 000	2 553 000
Tax	126 000	1 239 000	715 000	562 000
Net Income	447 000	4 391 000	2 530 000	1 991 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	−1 381 000	604 000	428 000	381 000
Total Current Assets	57 116 000	46 506 000	50 680 000	36 491 000
Total Assets	55 736 000	47 110 000	51 108 000	36 871 000
Total Retained Equity	16 111 000	15 664 000	11 273 000	8 743 000
Total Equity	16 441 000	15 994 000	11 603 000	9 073 000
Total Long-Term Debt	0	4 500 000	4 500 000	5 500 000
Total Current Debt	39 294 000	26 616 000	35 005 000	22 299 000
Total Equity and Debt	55 736 000	47 110 000	51 108 000	36 871 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	87 953 000	90 715 000	78 401 000	59 467 000
Other Income	938 000	0	0	0
Revenue	88 891 000	90 715 000	78 401 000	59 467 000
Cost of Goods Sold	51 047 000	50 444 000	36 467 000	25 551 000
Salary Costs	26 762 000	28 082 000	27 605 000	21 125 000
Depreciation	267 000	192 000	142 000	158 000
Impairment	0	0	0	0
Expenditure	87 209 000	85 348 000	74 244 000	56 553 000
Operating Profit	1 682 000	5 366 000	4 157 000	2 914 000
Financial Income	492 000	1 541 000	1 059 000	172 000
Financial Costs	1 601 000	1 277 000	1 971 000	532 000
Financial Balance	−1 109 000	264 000	−912 000	−360 000
Dividends	0	0	0	0
Net Income	447 000	4 391 000	2 530 000	1 991 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	−2 132 000	0	0	0
Total Intangible Assets	−1 929 000	200 000	198 000	163 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	548 000	404 000	230 000	218 000
Total Tangible Assets	548 000	404 000	230 000	218 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	−1 381 000	604 000	428 000	381 000
Stock	8 941 000	7 716 000	8 854 000	11 244 000
Total Investments	0	0	0	0
Cash, Bank	7 338 000	6 105 000	7 428 000	751 000
Total Current Assets	57 116 000	46 506 000	50 680 000	36 491 000
Total Assets	55 736 000	47 110 000	51 108 000	36 871 000
Total Equity	16 441 000	15 994 000	11 603 000	9 073 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	4 500 000	4 500 000	5 500 000
Creditors	26 262 000	7 579 000	19 974 000	14 896 000
Unpaid Taxes	6 474 000	7 833 000	6 265 000	4 380 000
Dividends	0	0	0	0
Other Current Debt	6 429 000	9 962 000	8 016 000	1 988 000
Total Current Debt	39 294 000	26 616 000	35 005 000	22 299 000
Total Equity and Debt	55 736 000	47 110 000	51 108 000	36 871 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,72 %	27,45 %	21,8 %	21,94 %
Debt-to-Equity Ratio	0	0,28	0,39	0,61
Operating Profit Margin	1,89 %	5,92 %	5,3 %	4,9 %
Current Ratio	1,45	1,75	1,45	1,64
Quick Ratio	1,88	2,46	1,94	3,3
Equity Ratio	0,29	0,34	0,23	0,25
Gross Profit Margin	42,57 %	44,39 %	53,49 %	57,03 %