TIMING EIENDOM AS

5518 HAUGESUND

Finances

Return on Equity

88,26 %

Current Ratio

0,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 041 000	816 000	829 000	880 000
Net Income	3 151 000	−480 000	−153 000	−123 000
Total Assets	7 172 000	8 179 000	8 433 000	8 767 000
Total Equity	3 570 000	418 000	898 000	1 051 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 041 000	816 000	829 000	880 000
Expenditure	847 000	1 011 000	689 000	699 000
Operating Profit	4 194 000	−195 000	139 000	182 000
Financial Income	6 000	0	0	0
Financial Costs	380 000	285 000	313 000	339 000
Financial Balance	−374 000	−285 000	−313 000	−339 000
Earnings Before Tax	3 819 000	−480 000	−174 000	−158 000
Tax	668 000	0	−22 000	−35 000
Net Income	3 151 000	−480 000	−153 000	−123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 062 000	7 787 000	8 137 000	8 523 000
Total Current Assets	109 000	392 000	296 000	244 000
Total Assets	7 172 000	8 179 000	8 433 000	8 767 000
Total Retained Equity	2 470 000	−682 000	−202 000	−49 000
Total Equity	3 570 000	418 000	898 000	1 051 000
Total Long-Term Debt	0	7 376 000	6 975 000	7 022 000
Total Current Debt	3 602 000	385 000	560 000	695 000
Total Equity and Debt	7 172 000	8 179 000	8 433 000	8 767 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	880 000
Other Income	5 041 000	816 000	829 000	0
Revenue	5 041 000	816 000	829 000	880 000
Cost of Goods Sold	0	0	1 000	0
Salary Costs	0	0	0	0
Depreciation	0	18 000	33 000	33 000
Impairment	0	0	0	0
Expenditure	847 000	1 011 000	689 000	699 000
Operating Profit	4 194 000	−195 000	139 000	182 000
Financial Income	6 000	0	0	0
Financial Costs	380 000	285 000	313 000	339 000
Financial Balance	−374 000	−285 000	−313 000	−339 000
Dividends	0	0	0	0
Net Income	3 151 000	−480 000	−153 000	−123 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	3 716 000	3 716 000	3 716 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	18 000	51 000
Total Tangible Assets	0	3 716 000	3 734 000	3 767 000
Total Fiancial Fixed Assets	7 062 000	4 071 000	4 403 000	4 756 000
Total Fixed Assets	7 062 000	7 787 000	8 137 000	8 523 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	76 000	81 000	22 000	12 000
Total Current Assets	109 000	392 000	296 000	244 000
Total Assets	7 172 000	8 179 000	8 433 000	8 767 000
Total Equity	3 570 000	418 000	898 000	1 051 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	7 376 000	6 975 000	7 022 000
Creditors	36 000	18 000	69 000	11 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 567 000	367 000	491 000	684 000
Total Current Debt	3 602 000	385 000	560 000	695 000
Total Equity and Debt	7 172 000	8 179 000	8 433 000	8 767 000

Financial indicators	2022	2021	2020	2019
Return on Equity	88,26 %	−114,83 %	−17,04 %	−11,7 %
Debt-to-Equity Ratio	0	17,65	7,77	6,68
Operating Profit Margin	83,2 %	−23,9 %	16,77 %	20,68 %
Current Ratio	0,03	1,02	0,53	0,35
Quick Ratio	0,03	1,02	0,53	0,35
Equity Ratio	0,5	0,05	0,11	0,12
Gross Profit Margin	100 %	100 %	99,88 %	100 %