TIMSTAD EIENDOM AS

8909 BRØNNØYSUND

Finances

Share Ownership

Return on Equity

−2,56 %

Current Ratio

95,32

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	80 000	9 000	396 000	129 000
Net Income	−139 000	−38 000	191 000	−110 000
Total Assets	5 457 000	5 760 000	5 862 000	5 676 000
Total Equity	5 420 000	5 559 000	5 597 000	5 406 000

Income (NOK)	2022	2021	2020	2019
Revenue	80 000	9 000	396 000	129 000
Expenditure	233 000	242 000	218 000	288 000
Operating Profit	−153 000	−232 000	179 000	−159 000
Financial Income	26 000	147 000	58 000	21 000
Financial Costs	41 000	0	0	3 000
Financial Balance	−15 000	147 000	58 000	18 000
Earnings Before Tax	−168 000	−85 000	236 000	−141 000
Tax	−29 000	−47 000	45 000	−31 000
Net Income	−139 000	−38 000	191 000	−110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 930 000	1 917 000	1 979 000	2 108 000
Total Current Assets	3 527 000	3 843 000	3 882 000	3 568 000
Total Assets	5 457 000	5 760 000	5 862 000	5 676 000
Total Retained Equity	4 919 000	5 058 000	5 096 000	4 905 000
Total Equity	5 420 000	5 559 000	5 597 000	5 406 000
Total Long-Term Debt	0	3 000	50 000	36 000
Total Current Debt	37 000	198 000	215 000	233 000
Total Equity and Debt	5 457 000	5 760 000	5 862 000	5 676 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	80 000	9 000	396 000	129 000
Revenue	80 000	9 000	396 000	129 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	86 000	90 000	95 000	104 000
Impairment	0	0	0	0
Expenditure	233 000	242 000	218 000	288 000
Operating Profit	−153 000	−232 000	179 000	−159 000
Financial Income	26 000	147 000	58 000	21 000
Financial Costs	41 000	0	0	3 000
Financial Balance	−15 000	147 000	58 000	18 000
Dividends	0	0	0	0
Net Income	−139 000	−38 000	191 000	−110 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	26 000	0	0	0
Real Eastate	1 880 000	1 890 000	1 955 000	2 052 000
Machinery and Plant Facilities	0	8 000	11 000	15 000
Fixtures	23 000	19 000	14 000	41 000
Total Tangible Assets	1 903 000	1 917 000	1 979 000	2 108 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 930 000	1 917 000	1 979 000	2 108 000
Stock	0	0	0	0
Total Investments	1 111 000	657 000	530 000	0
Cash, Bank	2 045 000	2 949 000	3 037 000	3 382 000
Total Current Assets	3 527 000	3 843 000	3 882 000	3 568 000
Total Assets	5 457 000	5 760 000	5 862 000	5 676 000
Total Equity	5 420 000	5 559 000	5 597 000	5 406 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 000	50 000	36 000
Creditors	37 000	18 000	2 000	14 000
Unpaid Taxes	0	−46 000	3 000	7 000
Dividends	0	0	0	0
Other Current Debt	0	226 000	178 000	212 000
Total Current Debt	37 000	198 000	215 000	233 000
Total Equity and Debt	5 457 000	5 760 000	5 862 000	5 676 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,56 %	−0,68 %	3,41 %	−2,03 %
Debt-to-Equity Ratio	0	0	0,01	0,01
Operating Profit Margin	−191,25 %	−2 577,78 %	45,2 %	−123,26 %
Current Ratio	95,32	19,41	18,06	15,31
Quick Ratio	95,32	19,41	18,06	15,31
Equity Ratio	0,99	0,97	0,95	0,95
Gross Profit Margin	100 %	100 %	100 %	100 %