TITLIUS AS

4336 SANDNES

Finances

Share Ownership

Return on Equity

141,95 %

Current Ratio

1,52

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 471 000	2 350 000	3 335 000	1 254 000
Net Income	934 000	−129 000	664 000	−126 000
Total Assets	1 703 000	222 000	1 093 000	366 000
Total Equity	658 000	−276 000	502 000	−162 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 471 000	2 350 000	3 335 000	1 254 000
Expenditure	3 307 000	2 478 000	2 542 000	1 372 000
Operating Profit	1 164 000	−128 000	794 000	−118 000
Financial Income	1 000	1 000	−1 000	0
Financial Costs	1 000	2 000	7 000	8 000
Financial Balance	0	−1 000	−8 000	−8 000
Earnings Before Tax	1 164 000	−129 000	787 000	−126 000
Tax	229 000	0	123 000	0
Net Income	934 000	−129 000	664 000	−126 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	117 000	146 000	213 000	224 000
Total Current Assets	1 586 000	76 000	879 000	142 000
Total Assets	1 703 000	222 000	1 093 000	366 000
Total Retained Equity	628 000	−306 000	472 000	−192 000
Total Equity	658 000	−276 000	502 000	−162 000
Total Long-Term Debt	0	0	204 000	358 000
Total Current Debt	1 045 000	498 000	386 000	170 000
Total Equity and Debt	1 703 000	222 000	1 093 000	366 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 471 000	2 350 000	3 335 000	1 254 000
Other Income	0	0	0	0
Revenue	4 471 000	2 350 000	3 335 000	1 254 000
Cost of Goods Sold	1 062 000	914 000	884 000	221 000
Salary Costs	1 197 000	671 000	974 000	630 000
Depreciation	42 000	37 000	65 000	71 000
Impairment	0	0	0	0
Expenditure	3 307 000	2 478 000	2 542 000	1 372 000
Operating Profit	1 164 000	−128 000	794 000	−118 000
Financial Income	1 000	1 000	−1 000	0
Financial Costs	1 000	2 000	7 000	8 000
Financial Balance	0	−1 000	−8 000	−8 000
Dividends	0	0	0	0
Net Income	934 000	−129 000	664 000	−126 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	117 000	146 000	213 000	224 000
Total Tangible Assets	117 000	146 000	213 000	224 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	117 000	146 000	213 000	224 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	797 000	34 000	795 000	109 000
Total Current Assets	1 586 000	76 000	879 000	142 000
Total Assets	1 703 000	222 000	1 093 000	366 000
Total Equity	658 000	−276 000	502 000	−162 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	204 000	358 000
Creditors	78 000	72 000	32 000	7 000
Unpaid Taxes	354 000	49 000	74 000	81 000
Dividends	0	0	0	0
Other Current Debt	384 000	378 000	157 000	82 000
Total Current Debt	1 045 000	498 000	386 000	170 000
Total Equity and Debt	1 703 000	222 000	1 093 000	366 000

Financial indicators	2022	2021	2020	2019
Return on Equity	141,95 %	46,74 %	132,27 %	77,78 %
Debt-to-Equity Ratio	0	−0	0,41	−2,21
Operating Profit Margin	26,03 %	−5,45 %	23,81 %	−9,41 %
Current Ratio	1,52	0,15	2,28	0,84
Quick Ratio	1,52	0,15	2,28	0,84
Equity Ratio	0,39	−1,24	0,46	−0,44
Gross Profit Margin	76,25 %	61,11 %	73,49 %	82,38 %