TIMBER HILL AS

5232 PARADIS

Finances

Return on Equity

11,97 %

Current Ratio

1,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	300 000	590 000	410 000	0
Net Income	355 000	1 359 000	−738 000	−820 000
Total Assets	4 070 000	3 958 000	3 818 000	4 437 000
Total Equity	2 965 000	2 811 000	2 466 000	3 621 000

Income (NOK)	2022	2021	2020	2019
Revenue	300 000	590 000	410 000	0
Expenditure	53 000	507 000	24 000	25 000
Operating Profit	247 000	83 000	386 000	−25 000
Financial Income	26 000	1 745 000	169 000	19 000
Financial Costs	−138 000	352 000	1 176 000	814 000
Financial Balance	164 000	1 393 000	−1 007 000	−795 000
Earnings Before Tax	411 000	1 476 000	−621 000	−820 000
Tax	56 000	117 000	118 000	0
Net Income	355 000	1 359 000	−738 000	−820 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 266 000	2 008 000	2 278 000	2 135 000
Total Current Assets	1 804 000	1 950 000	1 540 000	2 302 000
Total Assets	4 070 000	3 958 000	3 818 000	4 437 000
Total Retained Equity	1 786 000	1 632 000	1 287 000	2 442 000
Total Equity	2 965 000	2 811 000	2 466 000	3 621 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 105 000	1 147 000	1 351 000	816 000
Total Equity and Debt	4 070 000	3 958 000	3 818 000	4 437 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	300 000	590 000	0	0
Other Income	0	0	410 000	0
Revenue	300 000	590 000	410 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	350 000	0	0
Expenditure	53 000	507 000	24 000	25 000
Operating Profit	247 000	83 000	386 000	−25 000
Financial Income	26 000	1 745 000	169 000	19 000
Financial Costs	−138 000	352 000	1 176 000	814 000
Financial Balance	164 000	1 393 000	−1 007 000	−795 000
Dividends	0	600 000	0	0
Net Income	355 000	1 359 000	−738 000	−820 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	25 000	25 000	375 000	375 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	25 000	25 000	375 000	375 000
Total Fiancial Fixed Assets	2 241 000	1 983 000	1 903 000	1 760 000
Total Fixed Assets	2 266 000	2 008 000	2 278 000	2 135 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	412 000	11 000	7 000	187 000
Total Current Assets	1 804 000	1 950 000	1 540 000	2 302 000
Total Assets	4 070 000	3 958 000	3 818 000	4 437 000
Total Equity	2 965 000	2 811 000	2 466 000	3 621 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	17 000	34 000	1 000	0
Unpaid Taxes	16 000	65 000	0	0
Dividends	0	600 000	0	0
Other Current Debt	1 073 000	1 047 000	1 350 000	816 000
Total Current Debt	1 105 000	1 147 000	1 351 000	816 000
Total Equity and Debt	4 070 000	3 958 000	3 818 000	4 437 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,97 %	48,35 %	−29,93 %	−22,65 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	82,33 %	14,07 %	94,15 %	-
Current Ratio	1,63	1,7	1,14	2,82
Quick Ratio	1,63	1,7	1,14	2,82
Equity Ratio	0,73	0,71	0,65	0,82
Gross Profit Margin	100 %	100 %	100 %	-