TIT HOLDING AS

3623 LAMPELAND

Finances

Return on Equity

8,67 %

Current Ratio

2,87

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 571 000	28 881 000	10 864 000	10 007 000
Net Income	1 140 000	4 037 000	2 598 000	2 498 000
Total Assets	19 039 000	22 940 000	21 348 000	18 543 000
Total Equity	13 147 000	12 006 000	10 470 000	8 872 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 571 000	28 881 000	10 864 000	10 007 000
Expenditure	8 104 000	23 740 000	7 659 000	7 081 000
Operating Profit	1 467 000	5 141 000	3 206 000	2 925 000
Financial Income	1 000	35 000	125 000	233 000
Financial Costs	6 000	1 000	0	5 000
Financial Balance	−5 000	34 000	125 000	228 000
Earnings Before Tax	1 462 000	5 175 000	3 330 000	3 154 000
Tax	322 000	1 139 000	733 000	656 000
Net Income	1 140 000	4 037 000	2 598 000	2 498 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 109 000	2 109 000	2 027 000	1 758 000
Total Current Assets	16 930 000	20 831 000	19 320 000	16 785 000
Total Assets	19 039 000	22 940 000	21 348 000	18 543 000
Total Retained Equity	13 117 000	11 976 000	10 440 000	8 842 000
Total Equity	13 147 000	12 006 000	10 470 000	8 872 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 892 000	10 934 000	10 878 000	9 671 000
Total Equity and Debt	19 039 000	22 940 000	21 348 000	18 543 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 571 000	28 881 000	10 864 000	10 007 000
Other Income	0	0	0	0
Revenue	9 571 000	28 881 000	10 864 000	10 007 000
Cost of Goods Sold	7 782 000	23 422 000	7 398 000	6 834 000
Salary Costs	0	0	0	−1 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	8 104 000	23 740 000	7 659 000	7 081 000
Operating Profit	1 467 000	5 141 000	3 206 000	2 925 000
Financial Income	1 000	35 000	125 000	233 000
Financial Costs	6 000	1 000	0	5 000
Financial Balance	−5 000	34 000	125 000	228 000
Dividends	0	2 500 000	1 000 000	1 000 000
Net Income	1 140 000	4 037 000	2 598 000	2 498 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 109 000	2 109 000	2 027 000	1 758 000
Total Fixed Assets	2 109 000	2 109 000	2 027 000	1 758 000
Stock	9 375 000	11 396 000	10 139 000	8 570 000
Total Investments	0	0	0	0
Cash, Bank	5 544 000	4 911 000	1 547 000	3 635 000
Total Current Assets	16 930 000	20 831 000	19 320 000	16 785 000
Total Assets	19 039 000	22 940 000	21 348 000	18 543 000
Total Equity	13 147 000	12 006 000	10 470 000	8 872 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	615 000	4 275 000	5 331 000	2 241 000
Unpaid Taxes	0	0	0	0
Dividends	0	2 500 000	1 000 000	1 000 000
Other Current Debt	4 956 000	5 521 000	3 814 000	5 774 000
Total Current Debt	5 892 000	10 934 000	10 878 000	9 671 000
Total Equity and Debt	19 039 000	22 940 000	21 348 000	18 543 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,67 %	33,62 %	24,81 %	28,16 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,33 %	17,8 %	29,51 %	29,23 %
Current Ratio	2,87	1,91	1,78	1,74
Quick Ratio	−4,86	−45,09	26,14	15,25
Equity Ratio	0,69	0,52	0,49	0,48
Gross Profit Margin	18,69 %	18,9 %	31,9 %	31,71 %