TITAN NÆRING AS

7520 HEGRA

Finances

Share Ownership

Return on Equity

13,29 %

Current Ratio

1,7

Debt-to-Equity Ratio

9,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 509 000	5 141 000	4 974 000	4 870 000
Net Income	635 000	694 000	447 000	450 000
Total Assets	50 812 000	52 629 000	54 368 000	60 097 000
Total Equity	4 779 000	4 145 000	3 450 000	3 003 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 509 000	5 141 000	4 974 000	4 870 000
Expenditure	2 952 000	2 877 000	2 896 000	2 773 000
Operating Profit	2 558 000	2 263 000	2 078 000	2 097 000
Financial Income	0	0	5 000	0
Financial Costs	1 744 000	1 373 000	1 509 000	1 520 000
Financial Balance	−1 744 000	−1 373 000	−1 504 000	−1 520 000
Earnings Before Tax	814 000	890 000	574 000	577 000
Tax	179 000	196 000	126 000	127 000
Net Income	635 000	694 000	447 000	450 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	49 811 000	51 639 000	53 467 000	55 230 000
Total Current Assets	1 001 000	990 000	901 000	4 867 000
Total Assets	50 812 000	52 629 000	54 368 000	60 097 000
Total Retained Equity	2 226 000	1 592 000	897 000	450 000
Total Equity	4 779 000	4 145 000	3 450 000	3 003 000
Total Long-Term Debt	45 444 000	47 908 000	50 523 000	56 500 000
Total Current Debt	589 000	576 000	395 000	594 000
Total Equity and Debt	50 812 000	52 629 000	54 368 000	60 097 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	5 509 000	5 141 000	4 974 000	4 870 000
Revenue	5 509 000	5 141 000	4 974 000	4 870 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	1 828 000	1 828 000	1 828 000	1 658 000
Impairment	0	0	0	0
Expenditure	2 952 000	2 877 000	2 896 000	2 773 000
Operating Profit	2 558 000	2 263 000	2 078 000	2 097 000
Financial Income	0	0	5 000	0
Financial Costs	1 744 000	1 373 000	1 509 000	1 520 000
Financial Balance	−1 744 000	−1 373 000	−1 504 000	−1 520 000
Dividends	0	0	0	0
Net Income	635 000	694 000	447 000	450 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	47 706 000	49 212 000	50 718 000	52 223 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 105 000	2 427 000	2 750 000	3 007 000
Total Tangible Assets	49 811 000	51 639 000	53 467 000	55 230 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	49 811 000	51 639 000	53 467 000	55 230 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	29 000	402 000	329 000	1 262 000
Total Current Assets	1 001 000	990 000	901 000	4 867 000
Total Assets	50 812 000	52 629 000	54 368 000	60 097 000
Total Equity	4 779 000	4 145 000	3 450 000	3 003 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	45 444 000	47 908 000	50 523 000	56 500 000
Creditors	3 000	0	0	167 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	399 000	393 000	383 000	365 000
Total Current Debt	589 000	576 000	395 000	594 000
Total Equity and Debt	50 812 000	52 629 000	54 368 000	60 097 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,29 %	16,74 %	12,96 %	14,99 %
Debt-to-Equity Ratio	9,51	11,56	14,64	18,81
Operating Profit Margin	46,43 %	44,02 %	41,78 %	43,06 %
Current Ratio	1,7	1,72	2,28	8,19
Quick Ratio	1,7	1,72	2,28	8,19
Equity Ratio	0,09	0,08	0,06	0,05
Gross Profit Margin	100 %	100 %	100 %	100 %