TIMEGRIP AS

0354 OSLO

Finances

Share Ownership

Return on Equity

248,72 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 002 000	29 260 000	26 747 000	25 591 000
Net Income	5 161 000	4 776 000	5 234 000	2 996 000
Total Assets	24 740 000	23 102 000	15 352 000	12 096 000
Total Equity	2 075 000	6 913 000	6 637 000	4 403 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 002 000	29 260 000	26 747 000	25 591 000
Expenditure	27 320 000	23 939 000	21 362 000	22 593 000
Operating Profit	6 681 000	5 321 000	5 385 000	2 999 000
Financial Income	163 000	81 000	215 000	92 000
Financial Costs	233 000	141 000	177 000	95 000
Financial Balance	−70 000	−60 000	38 000	−3 000
Earnings Before Tax	6 611 000	5 261 000	5 423 000	2 996 000
Tax	1 449 000	485 000	188 000	0
Net Income	5 161 000	4 776 000	5 234 000	2 996 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	576 000	810 000	530 000	845 000
Total Current Assets	24 164 000	22 293 000	14 822 000	11 251 000
Total Assets	24 740 000	23 102 000	15 352 000	12 096 000
Total Retained Equity	1 975 000	6 813 000	6 537 000	4 303 000
Total Equity	2 075 000	6 913 000	6 637 000	4 403 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 666 000	16 189 000	8 715 000	7 693 000
Total Equity and Debt	24 740 000	23 102 000	15 352 000	12 096 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 998 000	29 260 000	26 747 000	25 591 000
Other Income	4 000	0	0	0
Revenue	34 002 000	29 260 000	26 747 000	25 591 000
Cost of Goods Sold	0	0	0	0
Salary Costs	16 489 000	15 488 000	14 044 000	14 893 000
Depreciation	320 000	417 000	379 000	462 000
Impairment	0	0	0	0
Expenditure	27 320 000	23 939 000	21 362 000	22 593 000
Operating Profit	6 681 000	5 321 000	5 385 000	2 999 000
Financial Income	163 000	81 000	215 000	92 000
Financial Costs	233 000	141 000	177 000	95 000
Financial Balance	−70 000	−60 000	38 000	−3 000
Dividends	10 000 000	4 500 000	3 000 000	3 000 000
Net Income	5 161 000	4 776 000	5 234 000	2 996 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	56 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	576 000	810 000	530 000	790 000
Total Tangible Assets	576 000	810 000	530 000	845 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	576 000	810 000	530 000	845 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	15 600 000	11 619 000	9 938 000	5 316 000
Total Current Assets	24 164 000	22 293 000	14 822 000	11 251 000
Total Assets	24 740 000	23 102 000	15 352 000	12 096 000
Total Equity	2 075 000	6 913 000	6 637 000	4 403 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	894 000	773 000	353 000	208 000
Unpaid Taxes	1 559 000	1 637 000	809 000	888 000
Dividends	10 000 000	4 500 000	3 000 000	3 000 000
Other Current Debt	8 764 000	8 794 000	4 364 000	3 597 000
Total Current Debt	22 666 000	16 189 000	8 715 000	7 693 000
Total Equity and Debt	24 740 000	23 102 000	15 352 000	12 096 000

Financial indicators	2022	2021	2020	2019
Return on Equity	248,72 %	69,09 %	78,86 %	68,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	19,65 %	18,19 %	20,13 %	11,72 %
Current Ratio	1,07	1,38	1,7	1,46
Quick Ratio	1,07	1,38	1,7	1,46
Equity Ratio	0,08	0,3	0,43	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %