TITAN IT AS

2743 HARESTUA

Finances

Share Ownership

Return on Equity

23,39 %

Current Ratio

1,76

Debt-to-Equity Ratio

1,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 817 000	3 600 000	3 455 000	3 868 000
Net Income	480 000	313 000	281 000	221 000
Total Assets	5 373 000	2 223 000	2 335 000	1 982 000
Total Equity	2 052 000	1 573 000	1 660 000	1 379 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 817 000	3 600 000	3 455 000	3 868 000
Expenditure	3 155 000	3 199 000	3 124 000	3 562 000
Operating Profit	662 000	401 000	331 000	306 000
Financial Income	4 000	1 000	3 000	8 000
Financial Costs	51 000	0	0	0
Financial Balance	−47 000	1 000	3 000	8 000
Earnings Before Tax	615 000	402 000	333 000	314 000
Tax	135 000	89 000	52 000	93 000
Net Income	480 000	313 000	281 000	221 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 095 000	754 000	527 000	681 000
Total Current Assets	1 278 000	1 468 000	1 809 000	1 302 000
Total Assets	5 373 000	2 223 000	2 335 000	1 982 000
Total Retained Equity	2 022 000	1 543 000	1 630 000	1 349 000
Total Equity	2 052 000	1 573 000	1 660 000	1 379 000
Total Long-Term Debt	2 595 000	0	0	0
Total Current Debt	725 000	650 000	675 000	604 000
Total Equity and Debt	5 373 000	2 223 000	2 335 000	1 982 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 780 000	3 600 000	3 455 000	3 858 000
Other Income	38 000	0	0	10 000
Revenue	3 817 000	3 600 000	3 455 000	3 868 000
Cost of Goods Sold	0	2 000	5 000	0
Salary Costs	2 484 000	2 511 000	2 477 000	2 821 000
Depreciation	153 000	161 000	182 000	178 000
Impairment	0	0	0	0
Expenditure	3 155 000	3 199 000	3 124 000	3 562 000
Operating Profit	662 000	401 000	331 000	306 000
Financial Income	4 000	1 000	3 000	8 000
Financial Costs	51 000	0	0	0
Financial Balance	−47 000	1 000	3 000	8 000
Dividends	0	400 000	0	0
Net Income	480 000	313 000	281 000	221 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	48 000	36 000	28 000	0
Real Eastate	3 863 000	381 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	184 000	338 000	499 000	681 000
Total Tangible Assets	4 048 000	719 000	499 000	681 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 095 000	754 000	527 000	681 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	841 000	854 000	1 429 000	839 000
Total Current Assets	1 278 000	1 468 000	1 809 000	1 302 000
Total Assets	5 373 000	2 223 000	2 335 000	1 982 000
Total Equity	2 052 000	1 573 000	1 660 000	1 379 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 595 000	0	0	0
Creditors	42 000	34 000	36 000	42 000
Unpaid Taxes	290 000	295 000	341 000	265 000
Dividends	0	400 000	0	0
Other Current Debt	247 000	224 000	218 000	232 000
Total Current Debt	725 000	650 000	675 000	604 000
Total Equity and Debt	5 373 000	2 223 000	2 335 000	1 982 000

Financial indicators	2022	2021	2020	2019
Return on Equity	23,39 %	19,9 %	16,93 %	16,03 %
Debt-to-Equity Ratio	1,26	0	0	0
Operating Profit Margin	17,34 %	11,14 %	9,58 %	7,91 %
Current Ratio	1,76	2,26	2,68	2,16
Quick Ratio	1,76	2,26	2,68	2,16
Equity Ratio	0,38	0,71	0,71	0,7
Gross Profit Margin	100 %	99,94 %	99,86 %	100 %