TIME AVLØYSARLAG SA

4342 UNDHEIM

Finances

Share Ownership

Return on Equity

−22,79 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	38 442 000	44 819 000	40 945 000	39 149 000
Net Income	−366 000	−176 000	280 000	−399 000
Total Assets	9 729 000	13 622 000	12 861 000	11 664 000
Total Equity	1 606 000	1 972 000	2 148 000	1 623 000

Income (NOK)	2022	2021	2020	2019
Revenue	38 442 000	44 819 000	40 945 000	39 149 000
Expenditure	38 865 000	45 020 000	40 716 000	39 599 000
Operating Profit	−424 000	−201 000	229 000	−450 000
Financial Income	61 000	29 000	55 000	54 000
Financial Costs	0	0	0	0
Financial Balance	61 000	29 000	55 000	54 000
Earnings Before Tax	−362 000	−173 000	283 000	−397 000
Tax	4 000	3 000	3 000	2 000
Net Income	−366 000	−176 000	280 000	−399 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	9 729 000	13 622 000	12 861 000	11 664 000
Total Assets	9 729 000	13 622 000	12 861 000	11 664 000
Total Retained Equity	1 571 000	1 937 000	2 113 000	1 588 000
Total Equity	1 606 000	1 972 000	2 148 000	1 623 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 123 000	11 650 000	10 713 000	10 042 000
Total Equity and Debt	9 729 000	13 622 000	12 861 000	11 664 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	37 703 000	44 180 000	40 195 000	38 485 000
Other Income	738 000	638 000	749 000	664 000
Revenue	38 442 000	44 819 000	40 945 000	39 149 000
Cost of Goods Sold	0	0	0	0
Salary Costs	38 198 000	44 420 000	40 239 000	38 861 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	38 865 000	45 020 000	40 716 000	39 599 000
Operating Profit	−424 000	−201 000	229 000	−450 000
Financial Income	61 000	29 000	55 000	54 000
Financial Costs	0	0	0	0
Financial Balance	61 000	29 000	55 000	54 000
Dividends	0	0	0	0
Net Income	−366 000	−176 000	280 000	−399 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	1 500 000	1 500 000	0	0
Cash, Bank	6 791 000	8 497 000	9 559 000	8 934 000
Total Current Assets	9 729 000	13 622 000	12 861 000	11 664 000
Total Assets	9 729 000	13 622 000	12 861 000	11 664 000
Total Equity	1 606 000	1 972 000	2 148 000	1 623 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	48 000	15 000	2 000	50 000
Unpaid Taxes	4 588 000	6 370 000	5 819 000	5 364 000
Dividends	0	0	0	0
Other Current Debt	3 483 000	5 262 000	4 889 000	4 625 000
Total Current Debt	8 123 000	11 650 000	10 713 000	10 042 000
Total Equity and Debt	9 729 000	13 622 000	12 861 000	11 664 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−22,79 %	−8,92 %	13,04 %	−24,58 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−1,1 %	−0,45 %	0,56 %	−1,15 %
Current Ratio	1,2	1,17	1,2	1,16
Quick Ratio	1,2	1,17	1,2	1,16
Equity Ratio	0,17	0,14	0,17	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %