TIMBER EIENDOM AS

4008 STAVANGER

Finances

Return on Equity

6,76 %

Current Ratio

0,3

Debt-to-Equity Ratio

2,99

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 295 000	5 405 000	4 417 000	4 046 000
Net Income	1 094 000	1 109 000	972 000	1 057 000
Total Assets	65 481 000	64 369 000	59 078 000	42 566 000
Total Equity	16 172 000	15 079 000	13 970 000	12 998 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 295 000	5 405 000	4 417 000	4 046 000
Expenditure	4 111 000	2 657 000	2 209 000	1 721 000
Operating Profit	3 184 000	2 748 000	2 208 000	2 324 000
Financial Income	40 000	5 000	6 000	7 000
Financial Costs	1 820 000	1 324 000	951 000	975 000
Financial Balance	−1 780 000	−1 319 000	−945 000	−968 000
Earnings Before Tax	1 404 000	1 429 000	1 263 000	1 355 000
Tax	310 000	320 000	291 000	298 000
Net Income	1 094 000	1 109 000	972 000	1 057 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	65 176 000	64 164 000	56 489 000	41 166 000
Total Current Assets	305 000	205 000	2 589 000	1 400 000
Total Assets	65 481 000	64 369 000	59 078 000	42 566 000
Total Retained Equity	16 066 000	14 972 000	13 863 000	12 891 000
Total Equity	16 172 000	15 079 000	13 970 000	12 998 000
Total Long-Term Debt	48 285 000	46 452 000	44 065 000	28 773 000
Total Current Debt	1 024 000	2 839 000	1 043 000	795 000
Total Equity and Debt	65 481 000	64 369 000	59 078 000	42 566 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	7 295 000	5 405 000	4 417 000	4 046 000
Revenue	7 295 000	5 405 000	4 417 000	4 046 000
Cost of Goods Sold	0	0	0	0
Salary Costs	857 000	701 000	671 000	672 000
Depreciation	9 000	24 000	51 000	50 000
Impairment	0	0	0	0
Expenditure	4 111 000	2 657 000	2 209 000	1 721 000
Operating Profit	3 184 000	2 748 000	2 208 000	2 324 000
Financial Income	40 000	5 000	6 000	7 000
Financial Costs	1 820 000	1 324 000	951 000	975 000
Financial Balance	−1 780 000	−1 319 000	−945 000	−968 000
Dividends	0	0	0	0
Net Income	1 094 000	1 109 000	972 000	1 057 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	64 143 000	64 143 000	56 443 000	40 943 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	13 000	22 000	46 000	77 000
Total Tangible Assets	64 155 000	64 164 000	56 489 000	41 019 000
Total Fiancial Fixed Assets	1 021 000	0	0	147 000
Total Fixed Assets	65 176 000	64 164 000	56 489 000	41 166 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	166 000	139 000	2 251 000	1 187 000
Total Current Assets	305 000	205 000	2 589 000	1 400 000
Total Assets	65 481 000	64 369 000	59 078 000	42 566 000
Total Equity	16 172 000	15 079 000	13 970 000	12 998 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	48 285 000	46 452 000	44 065 000	28 773 000
Creditors	164 000	30 000	72 000	51 000
Unpaid Taxes	75 000	59 000	53 000	55 000
Dividends	0	0	0	0
Other Current Debt	410 000	1 140 000	516 000	256 000
Total Current Debt	1 024 000	2 839 000	1 043 000	795 000
Total Equity and Debt	65 481 000	64 369 000	59 078 000	42 566 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,76 %	7,35 %	6,96 %	8,13 %
Debt-to-Equity Ratio	2,99	3,08	3,15	2,21
Operating Profit Margin	43,65 %	50,84 %	49,99 %	57,44 %
Current Ratio	0,3	0,07	2,48	1,76
Quick Ratio	0,3	0,07	2,48	1,76
Equity Ratio	0,25	0,23	0,24	0,31
Gross Profit Margin	100 %	100 %	100 %	100 %