TIM WENDELBOE AS

0578 OSLO

Finances

Return on Equity

19,08 %

Current Ratio

3,99

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	29 010 000	25 072 000	21 224 000	20 413 000
Net Income	2 628 000	2 367 000	1 538 000	1 475 000
Total Assets	17 001 000	15 123 000	12 196 000	10 626 000
Total Equity	13 771 000	11 143 000	8 776 000	7 237 000

Income (NOK)	2022	2021	2020	2019
Revenue	29 010 000	25 072 000	21 224 000	20 413 000
Expenditure	25 190 000	21 974 000	19 152 000	18 485 000
Operating Profit	3 819 000	3 099 000	2 072 000	1 928 000
Financial Income	212 000	59 000	8 000	15 000
Financial Costs	647 000	116 000	101 000	42 000
Financial Balance	−435 000	−57 000	−93 000	−27 000
Earnings Before Tax	3 384 000	3 042 000	1 978 000	1 902 000
Tax	756 000	674 000	440 000	427 000
Net Income	2 628 000	2 367 000	1 538 000	1 475 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 640 000	4 270 000	4 623 000	4 487 000
Total Current Assets	12 361 000	10 853 000	7 573 000	6 138 000
Total Assets	17 001 000	15 123 000	12 196 000	10 626 000
Total Retained Equity	12 121 000	9 492 000	7 125 000	5 587 000
Total Equity	13 771 000	11 143 000	8 776 000	7 237 000
Total Long-Term Debt	131 000	231 000	339 000	432 000
Total Current Debt	3 099 000	3 749 000	3 081 000	2 956 000
Total Equity and Debt	17 001 000	15 123 000	12 196 000	10 626 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 848 000	24 816 000	21 097 000	20 413 000
Other Income	162 000	256 000	127 000	0
Revenue	29 010 000	25 072 000	21 224 000	20 413 000
Cost of Goods Sold	9 435 000	8 892 000	8 017 000	7 172 000
Salary Costs	8 350 000	7 002 000	5 703 000	6 249 000
Depreciation	694 000	722 000	641 000	490 000
Impairment	0	0	0	0
Expenditure	25 190 000	21 974 000	19 152 000	18 485 000
Operating Profit	3 819 000	3 099 000	2 072 000	1 928 000
Financial Income	212 000	59 000	8 000	15 000
Financial Costs	647 000	116 000	101 000	42 000
Financial Balance	−435 000	−57 000	−93 000	−27 000
Dividends	0	0	0	0
Net Income	2 628 000	2 367 000	1 538 000	1 475 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	119 000	180 000	263 000	236 000
Real Eastate	813 000	821 000	985 000	1 149 000
Machinery and Plant Facilities	779 000	1 005 000	1 235 000	1 172 000
Fixtures	604 000	675 000	688 000	436 000
Total Tangible Assets	2 196 000	2 501 000	2 908 000	2 757 000
Total Fiancial Fixed Assets	2 325 000	1 589 000	1 452 000	1 494 000
Total Fixed Assets	4 640 000	4 270 000	4 623 000	4 487 000
Stock	6 553 000	6 025 000	6 225 000	4 945 000
Total Investments	0	0	0	0
Cash, Bank	5 049 000	4 601 000	888 000	164 000
Total Current Assets	12 361 000	10 853 000	7 573 000	6 138 000
Total Assets	17 001 000	15 123 000	12 196 000	10 626 000
Total Equity	13 771 000	11 143 000	8 776 000	7 237 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	131 000	231 000	339 000	432 000
Creditors	471 000	428 000	322 000	151 000
Unpaid Taxes	931 000	846 000	669 000	658 000
Dividends	0	0	0	0
Other Current Debt	841 000	1 803 000	1 677 000	1 698 000
Total Current Debt	3 099 000	3 749 000	3 081 000	2 956 000
Total Equity and Debt	17 001 000	15 123 000	12 196 000	10 626 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,08 %	21,24 %	17,53 %	20,38 %
Debt-to-Equity Ratio	0,01	0,02	0,04	0,06
Operating Profit Margin	13,16 %	12,36 %	9,76 %	9,44 %
Current Ratio	3,99	2,89	2,46	2,08
Quick Ratio	−3,58	−4,77	−2,41	−3,09
Equity Ratio	0,81	0,74	0,72	0,68
Gross Profit Margin	67,48 %	64,53 %	62,23 %	64,87 %