TIMING INVEST AS

5518 HAUGESUND

Finances

Share Ownership

Return on Equity

48,18 %

Current Ratio

1,44

Debt-to-Equity Ratio

5,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 392 000	1 231 000	920 000	1 196 000
Net Income	146 000	−562 000	−1 092 000	−458 000
Total Assets	3 032 000	5 929 000	14 157 000	19 067 000
Total Equity	303 000	−1 121 000	−559 000	533 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 392 000	1 231 000	920 000	1 196 000
Expenditure	988 000	1 232 000	1 231 000	746 000
Operating Profit	405 000	−1 000	−312 000	451 000
Financial Income	0	0	1 000	0
Financial Costs	259 000	562 000	781 000	908 000
Financial Balance	−259 000	−562 000	−780 000	−908 000
Earnings Before Tax	146 000	−562 000	−1 092 000	−458 000
Tax	0	0	0	0
Net Income	146 000	−562 000	−1 092 000	−458 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 655 000	5 763 000	13 917 000	18 954 000
Total Current Assets	1 376 000	166 000	240 000	114 000
Total Assets	3 032 000	5 929 000	14 157 000	19 067 000
Total Retained Equity	−3 935 000	−4 081 000	−3 519 000	−2 428 000
Total Equity	303 000	−1 121 000	−559 000	533 000
Total Long-Term Debt	1 770 000	6 404 000	13 584 000	17 298 000
Total Current Debt	958 000	646 000	1 132 000	1 237 000
Total Equity and Debt	3 032 000	5 929 000	14 157 000	19 067 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	96 000	113 000	12 000	1 196 000
Other Income	1 296 000	1 119 000	909 000	0
Revenue	1 392 000	1 231 000	920 000	1 196 000
Cost of Goods Sold	0	0	0	0
Salary Costs	150 000	178 000	56 000	44 000
Depreciation	229 000	151 000	156 000	175 000
Impairment	0	0	0	0
Expenditure	988 000	1 232 000	1 231 000	746 000
Operating Profit	405 000	−1 000	−312 000	451 000
Financial Income	0	0	1 000	0
Financial Costs	259 000	562 000	781 000	908 000
Financial Balance	−259 000	−562 000	−780 000	−908 000
Dividends	0	0	0	0
Net Income	146 000	−562 000	−1 092 000	−458 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 565 000	5 078 000	12 791 000	17 194 000
Machinery and Plant Facilities	60 000	447 000	630 000	734 000
Fixtures	0	192 000	238 000	321 000
Total Tangible Assets	1 625 000	5 717 000	13 658 000	18 249 000
Total Fiancial Fixed Assets	31 000	46 000	258 000	705 000
Total Fixed Assets	1 655 000	5 763 000	13 917 000	18 954 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	78 000	79 000	3 000	10 000
Total Current Assets	1 376 000	166 000	240 000	114 000
Total Assets	3 032 000	5 929 000	14 157 000	19 067 000
Total Equity	303 000	−1 121 000	−559 000	533 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 770 000	6 404 000	13 584 000	17 298 000
Creditors	13 000	0	32 000	−107 000
Unpaid Taxes	9 000	38 000	0	28 000
Dividends	0	0	0	0
Other Current Debt	936 000	608 000	1 100 000	1 316 000
Total Current Debt	958 000	646 000	1 132 000	1 237 000
Total Equity and Debt	3 032 000	5 929 000	14 157 000	19 067 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,18 %	50,13 %	195,35 %	−85,93 %
Debt-to-Equity Ratio	5,84	−5,71	−24,3	32,45
Operating Profit Margin	29,09 %	−0,08 %	−33,91 %	37,71 %
Current Ratio	1,44	0,26	0,21	0,09
Quick Ratio	1,44	0,26	0,21	0,09
Equity Ratio	0,1	−0,19	−0,04	0,03
Gross Profit Margin	100 %	100 %	100 %	100 %