TIMER SOLUTIONS AS

3145 TJØME

Finances

Share Ownership

Return on Equity

28,09 %

Current Ratio

0,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 000	0	19 000	0
Net Income	50 000	−6 000	4 000	−8 000
Total Assets	916 000	894 000	896 000	892 000
Total Equity	178 000	128 000	134 000	130 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 000	0	19 000	0
Expenditure	8 000	7 000	13 000	9 000
Operating Profit	64 000	−7 000	5 000	−10 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	64 000	−7 000	5 000	−10 000
Tax	14 000	−2 000	1 000	−2 000
Net Income	50 000	−6 000	4 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	875 000	889 000	888 000	889 000
Total Current Assets	41 000	5 000	8 000	3 000
Total Assets	916 000	894 000	896 000	892 000
Total Retained Equity	58 000	8 000	14 000	10 000
Total Equity	178 000	128 000	134 000	130 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	738 000	765 000	762 000	762 000
Total Equity and Debt	916 000	894 000	896 000	892 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 000	0	19 000	0
Other Income	0	0	0	0
Revenue	73 000	0	19 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	6 000	6 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 000	7 000	13 000	9 000
Operating Profit	64 000	−7 000	5 000	−10 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	50 000	−6 000	4 000	−8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	738 000	752 000	750 000	752 000
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	137 000	137 000	137 000	137 000
Total Fixed Assets	875 000	889 000	888 000	889 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	41 000	5 000	8 000	3 000
Total Current Assets	41 000	5 000	8 000	3 000
Total Assets	916 000	894 000	896 000	892 000
Total Equity	178 000	128 000	134 000	130 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	2 000	0	0
Unpaid Taxes	56 000	56 000	56 000	56 000
Dividends	0	0	0	0
Other Current Debt	682 000	707 000	706 000	706 000
Total Current Debt	738 000	765 000	762 000	762 000
Total Equity and Debt	916 000	894 000	896 000	892 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,09 %	−4,69 %	2,99 %	−6,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	87,67 %	-	26,32 %	-
Current Ratio	0,06	0,01	0,01	0
Quick Ratio	0,06	0,01	0,01	0
Equity Ratio	0,19	0,14	0,15	0,15
Gross Profit Margin	100 %	-	100 %	-