TIMBE HOLDING AS

8800 SANDNESSJØEN

Finances

Share Ownership

Return on Equity

−794,83 %

Current Ratio

0,98

Debt-to-Equity Ratio

90,16

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 662 000	1 102 000	832 000	798 000
Net Income	−461 000	−348 000	−239 000	−256 000
Total Assets	5 551 000	5 341 000	5 558 000	5 852 000
Total Equity	58 000	519 000	867 000	1 106 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 662 000	1 102 000	832 000	798 000
Expenditure	1 877 000	1 106 000	887 000	844 000
Operating Profit	−215 000	−5 000	−54 000	−45 000
Financial Income	0	0	0	60 000
Financial Costs	246 000	343 000	186 000	304 000
Financial Balance	−246 000	−343 000	−186 000	−244 000
Earnings Before Tax	−461 000	−348 000	−239 000	−290 000
Tax	0	0	0	−33 000
Net Income	−461 000	−348 000	−239 000	−256 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 291 000	5 006 000	5 353 000	5 336 000
Total Current Assets	260 000	335 000	205 000	516 000
Total Assets	5 551 000	5 341 000	5 558 000	5 852 000
Total Retained Equity	−43 000	418 000	766 000	1 005 000
Total Equity	58 000	519 000	867 000	1 106 000
Total Long-Term Debt	5 229 000	4 724 000	4 540 000	4 697 000
Total Current Debt	264 000	98 000	151 000	49 000
Total Equity and Debt	5 551 000	5 341 000	5 558 000	5 852 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 199 000	334 000	52 000	0
Other Income	463 000	768 000	781 000	798 000
Revenue	1 662 000	1 102 000	832 000	798 000
Cost of Goods Sold	54 000	24 000	0	0
Salary Costs	10 000	28 000	10 000	11 000
Depreciation	324 000	40 000	60 000	56 000
Impairment	0	0	0	0
Expenditure	1 877 000	1 106 000	887 000	844 000
Operating Profit	−215 000	−5 000	−54 000	−45 000
Financial Income	0	0	0	60 000
Financial Costs	246 000	343 000	186 000	304 000
Financial Balance	−246 000	−343 000	−186 000	−244 000
Dividends	0	0	0	0
Net Income	−461 000	−348 000	−239 000	−256 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 568 000	4 766 000	4 766 000	4 766 000
Machinery and Plant Facilities	0	0	223 000	269 000
Fixtures	724 000	240 000	64 000	1 000
Total Tangible Assets	5 291 000	5 006 000	5 053 000	5 036 000
Total Fiancial Fixed Assets	0	0	300 000	300 000
Total Fixed Assets	5 291 000	5 006 000	5 353 000	5 336 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 000	222 000	72 000	495 000
Total Current Assets	260 000	335 000	205 000	516 000
Total Assets	5 551 000	5 341 000	5 558 000	5 852 000
Total Equity	58 000	519 000	867 000	1 106 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 229 000	4 724 000	4 540 000	4 697 000
Creditors	117 000	44 000	101 000	44 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	147 000	54 000	50 000	5 000
Total Current Debt	264 000	98 000	151 000	49 000
Total Equity and Debt	5 551 000	5 341 000	5 558 000	5 852 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−794,83 %	−67,05 %	−27,57 %	−23,15 %
Debt-to-Equity Ratio	90,16	9,1	5,24	4,25
Operating Profit Margin	−12,94 %	−0,45 %	−6,49 %	−5,64 %
Current Ratio	0,98	3,42	1,36	10,53
Quick Ratio	0,98	3,42	1,36	10,53
Equity Ratio	0,01	0,1	0,16	0,19
Gross Profit Margin	96,75 %	97,82 %	100 %	100 %