TIMOTEI AS

3746 SKIEN

Finances

Return on Equity

13,41 %

Current Ratio

5,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	428 000	422 000	56 000	0
Net Income	1 082 000	2 183 000	908 000	604 000
Total Assets	9 672 000	9 813 000	7 730 000	7 104 000
Total Equity	8 071 000	8 988 000	7 405 000	7 097 000

Income (NOK)	2022	2021	2020	2019
Revenue	428 000	422 000	56 000	0
Expenditure	472 000	56 000	36 000	31 000
Operating Profit	−45 000	366 000	20 000	−31 000
Financial Income	1 519 000	2 241 000	1 262 000	872 000
Financial Costs	176 000	217 000	355 000	230 000
Financial Balance	1 343 000	2 024 000	907 000	642 000
Earnings Before Tax	1 299 000	2 390 000	928 000	611 000
Tax	216 000	206 000	19 000	7 000
Net Income	1 082 000	2 183 000	908 000	604 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 130 000	1 130 000	1 130 000	3 423 000
Total Current Assets	8 543 000	8 684 000	6 601 000	3 681 000
Total Assets	9 672 000	9 813 000	7 730 000	7 104 000
Total Retained Equity	8 021 000	8 938 000	7 355 000	7 047 000
Total Equity	8 071 000	8 988 000	7 405 000	7 097 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 601 000	825 000	325 000	7 000
Total Equity and Debt	9 672 000	9 813 000	7 730 000	7 104 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	424 000	422 000	56 000	0
Other Income	4 000	0	0	0
Revenue	428 000	422 000	56 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	362 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	472 000	56 000	36 000	31 000
Operating Profit	−45 000	366 000	20 000	−31 000
Financial Income	1 519 000	2 241 000	1 262 000	872 000
Financial Costs	176 000	217 000	355 000	230 000
Financial Balance	1 343 000	2 024 000	907 000	642 000
Dividends	2 000 000	600 000	600 000	0
Net Income	1 082 000	2 183 000	908 000	604 000

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	1 130 000	1 130 000	1 130 000	3 423 000
Total Fixed Assets	1 130 000	1 130 000	1 130 000	3 423 000
Stock	0	0	0	1 000
Total Investments	7 825 000	7 149 000	6 389 000	3 172 000
Cash, Bank	589 000	1 477 000	206 000	506 000
Total Current Assets	8 543 000	8 684 000	6 601 000	3 681 000
Total Assets	9 672 000	9 813 000	7 730 000	7 104 000
Total Equity	8 071 000	8 988 000	7 405 000	7 097 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	1 000	6 000	0
Unpaid Taxes	35 000	17 000	0	0
Dividends	2 000 000	600 000	600 000	0
Other Current Debt	100 000	601 000	0	0
Total Current Debt	1 601 000	825 000	325 000	7 000
Total Equity and Debt	9 672 000	9 813 000	7 730 000	7 104 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,41 %	24,29 %	12,26 %	8,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−10,51 %	86,73 %	35,71 %	-
Current Ratio	5,34	10,53	20,31	525,86
Quick Ratio	5,34	10,53	20,31	613,5
Equity Ratio	0,83	0,92	0,96	1
Gross Profit Margin	100 %	100 %	100 %	-