N TIMENES & SØN AS

4624 KRISTIANSAND S

Finances

Return on Equity

4,44 %

Current Ratio

2,15

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	20 405 000	19 759 000	17 521 000	18 050 000
Net Income	536 000	883 000	527 000	296 000
Total Assets	19 245 000	18 345 000	17 912 000	16 492 000
Total Equity	12 065 000	11 779 000	11 146 000	10 869 000

Income (NOK)	2022	2021	2020	2019
Revenue	20 405 000	19 759 000	17 521 000	18 050 000
Expenditure	19 660 000	18 625 000	16 780 000	17 366 000
Operating Profit	746 000	1 133 000	741 000	685 000
Financial Income	5 000	50 000	7 000	9 000
Financial Costs	60 000	41 000	65 000	259 000
Financial Balance	−55 000	9 000	−58 000	−250 000
Earnings Before Tax	691 000	1 142 000	684 000	435 000
Tax	155 000	259 000	156 000	138 000
Net Income	536 000	883 000	527 000	296 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 822 000	4 206 000	3 638 000	3 986 000
Total Current Assets	15 423 000	14 139 000	14 274 000	12 506 000
Total Assets	19 245 000	18 345 000	17 912 000	16 492 000
Total Retained Equity	11 835 000	11 549 000	10 916 000	10 639 000
Total Equity	12 065 000	11 779 000	11 146 000	10 869 000
Total Long-Term Debt	0	103 000	217 000	359 000
Total Current Debt	7 180 000	6 463 000	6 548 000	5 264 000
Total Equity and Debt	19 245 000	18 345 000	17 912 000	16 492 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	20 405 000	19 759 000	17 521 000	18 050 000
Other Income	0	0	0	0
Revenue	20 405 000	19 759 000	17 521 000	18 050 000
Cost of Goods Sold	10 632 000	9 458 000	8 653 000	8 731 000
Salary Costs	5 268 000	5 522 000	5 089 000	5 351 000
Depreciation	583 000	648 000	566 000	535 000
Impairment	0	0	0	0
Expenditure	19 660 000	18 625 000	16 780 000	17 366 000
Operating Profit	746 000	1 133 000	741 000	685 000
Financial Income	5 000	50 000	7 000	9 000
Financial Costs	60 000	41 000	65 000	259 000
Financial Balance	−55 000	9 000	−58 000	−250 000
Dividends	250 000	250 000	250 000	250 000
Net Income	536 000	883 000	527 000	296 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	0	17 000	0
Real Eastate	1 958 000	2 040 000	2 124 000	2 208 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 589 000	1 916 000	1 497 000	1 778 000
Total Tangible Assets	3 547 000	3 956 000	3 621 000	3 986 000
Total Fiancial Fixed Assets	250 000	250 000	0	0
Total Fixed Assets	3 822 000	4 206 000	3 638 000	3 986 000
Stock	7 184 000	6 216 000	5 858 000	5 841 000
Total Investments	0	0	0	0
Cash, Bank	3 531 000	3 465 000	4 613 000	2 850 000
Total Current Assets	15 423 000	14 139 000	14 274 000	12 506 000
Total Assets	19 245 000	18 345 000	17 912 000	16 492 000
Total Equity	12 065 000	11 779 000	11 146 000	10 869 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	103 000	217 000	359 000
Creditors	3 142 000	2 365 000	2 311 000	1 669 000
Unpaid Taxes	1 675 000	1 683 000	1 801 000	1 358 000
Dividends	250 000	250 000	250 000	250 000
Other Current Debt	1 924 000	1 931 000	1 989 000	1 844 000
Total Current Debt	7 180 000	6 463 000	6 548 000	5 264 000
Total Equity and Debt	19 245 000	18 345 000	17 912 000	16 492 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,44 %	7,5 %	4,73 %	2,72 %
Debt-to-Equity Ratio	0	0,01	0,02	0,03
Operating Profit Margin	3,66 %	5,73 %	4,23 %	3,8 %
Current Ratio	2,15	2,19	2,18	2,38
Quick Ratio	−3 855,75	57,24	20,69	−21,67
Equity Ratio	0,63	0,64	0,62	0,66
Gross Profit Margin	47,9 %	52,13 %	50,61 %	51,63 %