TITTELSNES HOLDING AS

5554 VALEVÅG

Finances

Return on Equity

9,57 %

Current Ratio

0,27

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	31 000
Net Income	−11 000	−29 000	−20 000	−13 000
Total Assets	1 593 000	1 594 000	1 613 000	1 620 000
Total Equity	−115 000	−103 000	−74 000	−54 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	31 000
Expenditure	22 000	29 000	24 000	46 000
Operating Profit	−23 000	−29 000	−24 000	−15 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	1 000
Financial Balance	0	0	−2 000	−1 000
Earnings Before Tax	−23 000	−29 000	−25 000	−17 000
Tax	−11 000	0	−6 000	−4 000
Net Income	−11 000	−29 000	−20 000	−13 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 124 000	1 127 000	1 141 000	1 149 000
Total Current Assets	469 000	468 000	472 000	470 000
Total Assets	1 593 000	1 594 000	1 613 000	1 620 000
Total Retained Equity	−127 000	−116 000	−86 000	−67 000
Total Equity	−115 000	−103 000	−74 000	−54 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 708 000	1 698 000	1 687 000	1 674 000
Total Equity and Debt	1 593 000	1 594 000	1 613 000	1 620 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	31 000
Other Income	0	0	0	0
Revenue	0	0	0	31 000
Cost of Goods Sold	0	0	0	26 000
Salary Costs	0	0	0	0
Depreciation	14 000	14 000	14 000	14 000
Impairment	0	0	0	0
Expenditure	22 000	29 000	24 000	46 000
Operating Profit	−23 000	−29 000	−24 000	−15 000
Financial Income	0	0	0	0
Financial Costs	0	0	2 000	1 000
Financial Balance	0	0	−2 000	−1 000
Dividends	0	0	0	0
Net Income	−11 000	−29 000	−20 000	−13 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	41 000	29 000	29 000	24 000
Real Eastate	947 000	947 000	947 000	947 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	38 000	52 000	66 000	80 000
Total Tangible Assets	985 000	999 000	1 013 000	1 028 000
Total Fiancial Fixed Assets	98 000	98 000	98 000	98 000
Total Fixed Assets	1 124 000	1 127 000	1 141 000	1 149 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 000	1 000	5 000	3 000
Total Current Assets	469 000	468 000	472 000	470 000
Total Assets	1 593 000	1 594 000	1 613 000	1 620 000
Total Equity	−115 000	−103 000	−74 000	−54 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	1 708 000	1 698 000	1 687 000	1 674 000
Total Current Debt	1 708 000	1 698 000	1 687 000	1 674 000
Total Equity and Debt	1 593 000	1 594 000	1 613 000	1 620 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,57 %	28,16 %	27,03 %	24,07 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	-	-	-	−48,39 %
Current Ratio	0,27	0,28	0,28	0,28
Quick Ratio	0,27	0,28	0,28	0,28
Equity Ratio	−0,07	−0,06	−0,05	−0,03
Gross Profit Margin	-	-	-	16,13 %