TITA INVEST AS

3512 HØNEFOSS

Finances

Return on Equity

28,95 %

Current Ratio

4,29

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	106 297 000	53 014 000	33 535 000	22 501 000
Net Income	8 576 000	5 467 000	7 391 000	4 049 000
Total Assets	37 249 000	25 733 000	22 497 000	17 620 000
Total Equity	29 628 000	21 052 000	18 585 000	11 694 000

Income (NOK)	2022	2021	2020	2019
Revenue	106 297 000	53 014 000	33 535 000	22 501 000
Expenditure	99 324 000	48 461 000	31 105 000	20 385 000
Operating Profit	6 973 000	4 552 000	2 432 000	2 116 000
Financial Income	3 298 000	1 987 000	5 611 000	2 511 000
Financial Costs	159 000	70 000	98 000	120 000
Financial Balance	3 139 000	1 917 000	5 513 000	2 391 000
Earnings Before Tax	10 113 000	6 469 000	7 945 000	4 508 000
Tax	1 536 000	1 002 000	554 000	459 000
Net Income	8 576 000	5 467 000	7 391 000	4 049 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 421 000	11 676 000	10 731 000	9 304 000
Total Current Assets	28 828 000	14 057 000	11 766 000	8 316 000
Total Assets	37 249 000	25 733 000	22 497 000	17 620 000
Total Retained Equity	28 928 000	20 352 000	17 885 000	10 993 000
Total Equity	29 628 000	21 052 000	18 585 000	11 694 000
Total Long-Term Debt	899 000	1 583 000	2 269 000	2 681 000
Total Current Debt	6 722 000	3 098 000	1 643 000	3 245 000
Total Equity and Debt	37 249 000	25 733 000	22 497 000	17 620 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	105 680 000	52 850 000	33 532 000	22 699 000
Other Income	617 000	164 000	4 000	−198 000
Revenue	106 297 000	53 014 000	33 535 000	22 501 000
Cost of Goods Sold	97 838 000	47 869 000	30 656 000	20 082 000
Salary Costs	498 000	104 000	144 000	115 000
Depreciation	456 000	221 000	82 000	24 000
Impairment	0	0	0	0
Expenditure	99 324 000	48 461 000	31 105 000	20 385 000
Operating Profit	6 973 000	4 552 000	2 432 000	2 116 000
Financial Income	3 298 000	1 987 000	5 611 000	2 511 000
Financial Costs	159 000	70 000	98 000	120 000
Financial Balance	3 139 000	1 917 000	5 513 000	2 391 000
Dividends	0	0	500 000	1 500 000
Net Income	8 576 000	5 467 000	7 391 000	4 049 000

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	2 602 000	1 469 000	682 000	86 000
Fixtures	28 000	146 000	0	0
Total Tangible Assets	2 629 000	1 614 000	682 000	86 000
Total Fiancial Fixed Assets	5 792 000	10 062 000	10 049 000	9 218 000
Total Fixed Assets	8 421 000	11 676 000	10 731 000	9 304 000
Stock	19 554 000	7 888 000	3 412 000	3 129 000
Total Investments	0	0	0	0
Cash, Bank	2 993 000	2 805 000	1 092 000	1 290 000
Total Current Assets	28 828 000	14 057 000	11 766 000	8 316 000
Total Assets	37 249 000	25 733 000	22 497 000	17 620 000
Total Equity	29 628 000	21 052 000	18 585 000	11 694 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	899 000	1 583 000	2 269 000	2 681 000
Creditors	2 323 000	5 000	87 000	577 000
Unpaid Taxes	173 000	0	17 000	14 000
Dividends	0	0	500 000	1 500 000
Other Current Debt	2 598 000	2 145 000	517 000	700 000
Total Current Debt	6 722 000	3 098 000	1 643 000	3 245 000
Total Equity and Debt	37 249 000	25 733 000	22 497 000	17 620 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,95 %	25,97 %	39,77 %	34,62 %
Debt-to-Equity Ratio	0,03	0,08	0,12	0,23
Operating Profit Margin	6,56 %	8,59 %	7,25 %	9,4 %
Current Ratio	4,29	4,54	7,16	2,56
Quick Ratio	−2,25	−2,93	−6,65	71,69
Equity Ratio	0,8	0,82	0,83	0,66
Gross Profit Margin	7,96 %	9,7 %	8,59 %	10,75 %