Timo AS

2092 MINNESUND

Finances

Share Ownership

Return on Equity

90,06 %

Current Ratio

1,11

Debt-to-Equity Ratio

1,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 906 000	3 540 000	4 704 000	3 408 000
Net Income	598 000	124 000	−124 000	−284 000
Total Assets	5 288 000	4 832 000	4 691 000	4 649 000
Total Equity	664 000	66 000	−58 000	66 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 906 000	3 540 000	4 704 000	3 408 000
Expenditure	3 180 000	3 335 000	4 728 000	3 620 000
Operating Profit	727 000	205 000	−24 000	−213 000
Financial Income	0	0	0	10 000
Financial Costs	128 000	81 000	100 000	81 000
Financial Balance	−128 000	−81 000	−100 000	−71 000
Earnings Before Tax	598 000	124 000	−124 000	−284 000
Tax	0	0	0	0
Net Income	598 000	124 000	−124 000	−284 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 512 000	1 551 000	1 422 000	1 446 000
Total Current Assets	3 776 000	3 282 000	3 269 000	3 203 000
Total Assets	5 288 000	4 832 000	4 691 000	4 649 000
Total Retained Equity	−36 000	−634 000	−758 000	−634 000
Total Equity	664 000	66 000	−58 000	66 000
Total Long-Term Debt	1 220 000	1 321 000	1 422 000	1 517 000
Total Current Debt	3 404 000	3 446 000	3 328 000	3 067 000
Total Equity and Debt	5 288 000	4 832 000	4 691 000	4 649 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 906 000	3 390 000	3 875 000	3 395 000
Other Income	0	150 000	829 000	13 000
Revenue	3 906 000	3 540 000	4 704 000	3 408 000
Cost of Goods Sold	2 600 000	2 782 000	3 577 000	2 492 000
Salary Costs	37 000	50 000	386 000	606 000
Depreciation	67 000	40 000	24 000	39 000
Impairment	0	0	0	0
Expenditure	3 180 000	3 335 000	4 728 000	3 620 000
Operating Profit	727 000	205 000	−24 000	−213 000
Financial Income	0	0	0	10 000
Financial Costs	128 000	81 000	100 000	81 000
Financial Balance	−128 000	−81 000	−100 000	−71 000
Dividends	0	0	0	0
Net Income	598 000	124 000	−124 000	−284 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 437 000	1 453 000	1 422 000	1 446 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	74 000	98 000	0	0
Total Tangible Assets	1 512 000	1 551 000	1 422 000	1 446 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 512 000	1 551 000	1 422 000	1 446 000
Stock	2 257 000	1 971 000	2 039 000	2 857 000
Total Investments	0	0	0	0
Cash, Bank	1 238 000	1 184 000	825 000	183 000
Total Current Assets	3 776 000	3 282 000	3 269 000	3 203 000
Total Assets	5 288 000	4 832 000	4 691 000	4 649 000
Total Equity	664 000	66 000	−58 000	66 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 220 000	1 321 000	1 422 000	1 517 000
Creditors	153 000	230 000	103 000	121 000
Unpaid Taxes	71 000	88 000	86 000	120 000
Dividends	0	0	0	0
Other Current Debt	3 180 000	3 128 000	3 139 000	2 826 000
Total Current Debt	3 404 000	3 446 000	3 328 000	3 067 000
Total Equity and Debt	5 288 000	4 832 000	4 691 000	4 649 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,06 %	187,88 %	213,79 %	−430,3 %
Debt-to-Equity Ratio	1,84	20,02	−24,52	22,98
Operating Profit Margin	18,61 %	5,79 %	−0,51 %	−6,25 %
Current Ratio	1,11	0,95	0,98	1,04
Quick Ratio	3,29	2,23	2,54	15,25
Equity Ratio	0,13	0,01	−0,01	0,01
Gross Profit Margin	33,44 %	21,41 %	23,96 %	26,88 %