TIME ALUMINIUM AS

4323 SANDNES

Finances

Share Ownership

Return on Equity

25,77 %

Current Ratio

1,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 582 000	70 248 000	54 519 000	79 231 000
Net Income	3 128 000	46 000	−1 773 000	1 984 000
Total Assets	25 629 000	23 077 000	22 463 000	24 396 000
Total Equity	12 140 000	10 572 000	10 526 000	10 574 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 582 000	70 248 000	54 519 000	79 231 000
Expenditure	76 555 000	70 186 000	56 775 000	76 709 000
Operating Profit	4 027 000	62 000	−2 256 000	2 523 000
Financial Income	4 000	1 000	3 000	35 000
Financial Costs	20 000	4 000	19 000	14 000
Financial Balance	−16 000	−3 000	−16 000	21 000
Earnings Before Tax	4 011 000	59 000	−2 272 000	2 544 000
Tax	882 000	13 000	−499 000	560 000
Net Income	3 128 000	46 000	−1 773 000	1 984 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 589 000	2 919 000	2 932 000	3 473 000
Total Current Assets	23 041 000	20 158 000	19 531 000	20 923 000
Total Assets	25 629 000	23 077 000	22 463 000	24 396 000
Total Retained Equity	2 082 000	513 000	467 000	2 240 000
Total Equity	12 140 000	10 572 000	10 526 000	10 574 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	13 489 000	12 506 000	11 937 000	13 822 000
Total Equity and Debt	25 629 000	23 077 000	22 463 000	24 396 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	80 522 000	70 157 000	54 336 000	79 201 000
Other Income	60 000	90 000	183 000	30 000
Revenue	80 582 000	70 248 000	54 519 000	79 231 000
Cost of Goods Sold	40 306 000	34 334 000	25 783 000	39 572 000
Salary Costs	27 011 000	27 949 000	24 890 000	28 326 000
Depreciation	1 110 000	954 000	887 000	694 000
Impairment	0	0	0	0
Expenditure	76 555 000	70 186 000	56 775 000	76 709 000
Operating Profit	4 027 000	62 000	−2 256 000	2 523 000
Financial Income	4 000	1 000	3 000	35 000
Financial Costs	20 000	4 000	19 000	14 000
Financial Balance	−16 000	−3 000	−16 000	21 000
Dividends	0	0	0	0
Net Income	3 128 000	46 000	−1 773 000	1 984 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	145 000	75 000	51 000	39 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 443 000	2 845 000	2 881 000	3 434 000
Total Tangible Assets	2 443 000	2 845 000	2 881 000	3 434 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 589 000	2 919 000	2 932 000	3 473 000
Stock	2 004 000	3 952 000	4 518 000	3 710 000
Total Investments	0	0	0	0
Cash, Bank	6 568 000	5 316 000	5 316 000	1 087 000
Total Current Assets	23 041 000	20 158 000	19 531 000	20 923 000
Total Assets	25 629 000	23 077 000	22 463 000	24 396 000
Total Equity	12 140 000	10 572 000	10 526 000	10 574 000
Short-Term Group Debt	2 000 000	0	1 609 000	1 473 000
Total Long-Term Debt	0	0	0	0
Creditors	3 522 000	4 749 000	4 147 000	3 830 000
Unpaid Taxes	4 223 000	4 131 000	3 443 000	4 295 000
Dividends	0	0	0	0
Other Current Debt	3 231 000	3 589 000	2 738 000	3 691 000
Total Current Debt	13 489 000	12 506 000	11 937 000	13 822 000
Total Equity and Debt	25 629 000	23 077 000	22 463 000	24 396 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,77 %	0,44 %	−16,84 %	18,76 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5 %	0,09 %	−4,14 %	3,18 %
Current Ratio	1,71	1,61	1,64	1,51
Quick Ratio	2,01	2,36	2,63	2,07
Equity Ratio	0,47	0,46	0,47	0,43
Gross Profit Margin	49,98 %	51,12 %	52,71 %	50,05 %