TIMBER AS

3157 BARKÅKER

Finances

Share Ownership

Return on Equity

56,41 %

Current Ratio

0,77

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 765 000	11 479 000	12 414 000	13 468 000
Net Income	−264 000	−1 325 000	−1 032 000	−731 000
Total Assets	1 585 000	2 368 000	4 110 000	4 989 000
Total Equity	−468 000	−204 000	1 121 000	2 153 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 765 000	11 479 000	12 414 000	13 468 000
Expenditure	8 919 000	12 797 000	13 474 000	14 201 000
Operating Profit	−249 000	−1 319 000	−1 059 000	−732 000
Financial Income	0	0	2 000	3 000
Financial Costs	15 000	6 000	2 000	2 000
Financial Balance	−15 000	−6 000	0	1 000
Earnings Before Tax	−264 000	−1 325 000	−1 060 000	−731 000
Tax	0	0	−27 000	0
Net Income	−264 000	−1 325 000	−1 032 000	−731 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	50 000	97 000	165 000
Total Current Assets	1 572 000	2 318 000	4 013 000	4 824 000
Total Assets	1 585 000	2 368 000	4 110 000	4 989 000
Total Retained Equity	−969 000	−705 000	620 000	1 652 000
Total Equity	−468 000	−204 000	1 121 000	2 153 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 053 000	2 573 000	2 989 000	2 836 000
Total Equity and Debt	1 585 000	2 368 000	4 110 000	4 989 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 946 000	11 507 000	12 440 000	13 502 000
Other Income	818 000	−28 000	−26 000	−34 000
Revenue	8 765 000	11 479 000	12 414 000	13 468 000
Cost of Goods Sold	2 941 000	5 392 000	4 644 000	3 306 000
Salary Costs	3 948 000	5 131 000	6 014 000	8 308 000
Depreciation	37 000	47 000	68 000	67 000
Impairment	0	0	0	0
Expenditure	8 919 000	12 797 000	13 474 000	14 201 000
Operating Profit	−249 000	−1 319 000	−1 059 000	−732 000
Financial Income	0	0	2 000	3 000
Financial Costs	15 000	6 000	2 000	2 000
Financial Balance	−15 000	−6 000	0	1 000
Dividends	0	0	0	575 000
Net Income	−264 000	−1 325 000	−1 032 000	−731 000

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	25 000	47 000	90 000
Fixtures	13 000	25 000	50 000	75 000
Total Tangible Assets	13 000	50 000	97 000	165 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	50 000	97 000	165 000
Stock	257 000	358 000	460 000	482 000
Total Investments	0	0	0	0
Cash, Bank	788 000	1 290 000	2 068 000	2 529 000
Total Current Assets	1 572 000	2 318 000	4 013 000	4 824 000
Total Assets	1 585 000	2 368 000	4 110 000	4 989 000
Total Equity	−468 000	−204 000	1 121 000	2 153 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	641 000	216 000	348 000	214 000
Unpaid Taxes	500 000	487 000	501 000	503 000
Dividends	0	0	0	575 000
Other Current Debt	912 000	1 870 000	2 141 000	1 544 000
Total Current Debt	2 053 000	2 573 000	2 989 000	2 836 000
Total Equity and Debt	1 585 000	2 368 000	4 110 000	4 989 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,41 %	649,51 %	−92,06 %	−33,95 %
Debt-to-Equity Ratio	−0	−0	0	0
Operating Profit Margin	−2,84 %	−11,49 %	−8,53 %	−5,44 %
Current Ratio	0,77	0,9	1,34	1,7
Quick Ratio	0,88	1,05	1,59	2,05
Equity Ratio	−0,3	−0,09	0,27	0,43
Gross Profit Margin	66,45 %	53,03 %	62,59 %	75,45 %