TIMREHAUGVEIEN 2 AS

5160 LAKSEVÅG

Finances

Share Ownership

Return on Equity

−7,29 %

Current Ratio

1,28

Debt-to-Equity Ratio

2,36

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 946 000	7 532 000	8 549 000	8 618 000
Net Income	−3 310 000	−6 363 000	−3 910 000	−5 502 000
Total Assets	157 041 000	161 479 000	163 825 000	161 833 000
Total Equity	45 399 000	48 708 000	49 709 000	26 962 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 946 000	7 532 000	8 549 000	8 618 000
Expenditure	7 945 000	11 286 000	8 594 000	9 678 000
Operating Profit	1 001 000	−3 755 000	−46 000	−1 059 000
Financial Income	58 000	16 000	58 000	113 000
Financial Costs	5 303 000	4 419 000	5 026 000	6 107 000
Financial Balance	−5 245 000	−4 403 000	−4 968 000	−5 994 000
Earnings Before Tax	−4 243 000	−8 158 000	−5 013 000	−7 054 000
Tax	−934 000	−1 795 000	−1 103 000	−1 552 000
Net Income	−3 310 000	−6 363 000	−3 910 000	−5 502 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	151 170 000	150 346 000	153 562 000	155 286 000
Total Current Assets	5 872 000	11 133 000	10 263 000	6 547 000
Total Assets	157 041 000	161 479 000	163 825 000	161 833 000
Total Retained Equity	0	0	0	0
Total Equity	45 399 000	48 708 000	49 709 000	26 962 000
Total Long-Term Debt	107 064 000	111 393 000	112 836 000	125 964 000
Total Current Debt	4 578 000	1 378 000	1 280 000	8 906 000
Total Equity and Debt	157 041 000	161 479 000	163 825 000	161 833 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 946 000	6 280 000	5 894 000	7 578 000
Other Income	0	1 252 000	2 655 000	1 040 000
Revenue	8 946 000	7 532 000	8 549 000	8 618 000
Cost of Goods Sold	0	884 000	780 000	1 024 000
Salary Costs	0	0	0	0
Depreciation	5 810 000	5 663 000	5 528 000	5 567 000
Impairment	0	1 690 000	0	315 000
Expenditure	7 945 000	11 286 000	8 594 000	9 678 000
Operating Profit	1 001 000	−3 755 000	−46 000	−1 059 000
Financial Income	58 000	16 000	58 000	113 000
Financial Costs	5 303 000	4 419 000	5 026 000	6 107 000
Financial Balance	−5 245 000	−4 403 000	−4 968 000	−5 994 000
Dividends	0	0	0	0
Net Income	−3 310 000	−6 363 000	−3 910 000	−5 502 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	12 694 000	11 760 000	11 479 000	11 887 000
Real Eastate	133 277 000	132 514 000	136 907 000	137 397 000
Machinery and Plant Facilities	107 000	134 000	0	0
Fixtures	5 092 000	5 938 000	5 176 000	6 002 000
Total Tangible Assets	138 476 000	138 586 000	142 083 000	143 400 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	151 170 000	150 346 000	153 562 000	155 286 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 393 000	423 000	1 637 000	333 000
Total Current Assets	5 872 000	11 133 000	10 263 000	6 547 000
Total Assets	157 041 000	161 479 000	163 825 000	161 833 000
Total Equity	45 399 000	48 708 000	49 709 000	26 962 000
Short-Term Group Debt	3 717 000	5 000	3 000	6 961 000
Total Long-Term Debt	107 064 000	111 393 000	112 836 000	125 964 000
Creditors	184 000	281 000	213 000	759 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	677 000	1 092 000	1 064 000	1 186 000
Total Current Debt	4 578 000	1 378 000	1 280 000	8 906 000
Total Equity and Debt	157 041 000	161 479 000	163 825 000	161 833 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,29 %	−13,06 %	−7,87 %	−20,41 %
Debt-to-Equity Ratio	2,36	2,29	2,27	4,67
Operating Profit Margin	11,19 %	−49,85 %	−0,54 %	−12,29 %
Current Ratio	1,28	8,08	8,02	0,74
Quick Ratio	1,28	8,08	8,02	0,74
Equity Ratio	0,29	0,3	0,3	0,17
Gross Profit Margin	100 %	88,26 %	90,88 %	88,12 %