TITTELSNES EIENDOM AS

5590 ETNE

Finances

Share Ownership

Return on Equity

−57,14 %

Current Ratio

24,95

Debt-to-Equity Ratio

314,31

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 343 000	11 695 000	2 848 000	3 300 000
Net Income	−24 000	678 000	−109 000	−88 000
Total Assets	13 796 000	14 874 000	14 891 000	15 717 000
Total Equity	42 000	66 000	−612 000	−503 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 343 000	11 695 000	2 848 000	3 300 000
Expenditure	1 236 000	10 636 000	2 891 000	3 405 000
Operating Profit	107 000	1 059 000	−44 000	−105 000
Financial Income	6 000	6 000	4 000	17 000
Financial Costs	138 000	388 000	69 000	0
Financial Balance	−132 000	−382 000	−65 000	17 000
Earnings Before Tax	−24 000	678 000	−109 000	−88 000
Tax	0	0	0	0
Net Income	−24 000	678 000	−109 000	−88 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	35 000	119 000	203 000
Total Current Assets	13 796 000	14 839 000	14 772 000	15 514 000
Total Assets	13 796 000	14 874 000	14 891 000	15 717 000
Total Retained Equity	−558 000	−534 000	−1 212 000	−1 103 000
Total Equity	42 000	66 000	−612 000	−503 000
Total Long-Term Debt	13 201 000	14 027 000	15 183 000	0
Total Current Debt	553 000	780 000	320 000	16 220 000
Total Equity and Debt	13 796 000	14 874 000	14 891 000	15 717 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 343 000	11 695 000	2 848 000	3 300 000
Other Income	0	0	0	0
Revenue	1 343 000	11 695 000	2 848 000	3 300 000
Cost of Goods Sold	1 054 000	10 012 000	2 678 000	3 198 000
Salary Costs	0	0	0	0
Depreciation	35 000	84 000	84 000	49 000
Impairment	0	0	0	0
Expenditure	1 236 000	10 636 000	2 891 000	3 405 000
Operating Profit	107 000	1 059 000	−44 000	−105 000
Financial Income	6 000	6 000	4 000	17 000
Financial Costs	138 000	388 000	69 000	0
Financial Balance	−132 000	−382 000	−65 000	17 000
Dividends	0	0	0	0
Net Income	−24 000	678 000	−109 000	−88 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	35 000	119 000	203 000
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	0	0	0	0
Total Fixed Assets	0	35 000	119 000	203 000
Stock	13 368 000	13 309 000	14 098 000	13 380 000
Total Investments	0	0	0	0
Cash, Bank	328 000	1 430 000	674 000	2 128 000
Total Current Assets	13 796 000	14 839 000	14 772 000	15 514 000
Total Assets	13 796 000	14 874 000	14 891 000	15 717 000
Total Equity	42 000	66 000	−612 000	−503 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	13 201 000	14 027 000	15 183 000	0
Creditors	138 000	369 000	61 000	90 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	415 000	411 000	258 000	0
Total Current Debt	553 000	780 000	320 000	16 220 000
Total Equity and Debt	13 796 000	14 874 000	14 891 000	15 717 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−57,14 %	1 027,27 %	17,81 %	17,5 %
Debt-to-Equity Ratio	314,31	212,53	−24,81	−0
Operating Profit Margin	7,97 %	9,06 %	−1,54 %	−3,18 %
Current Ratio	24,95	19,02	46,16	0,96
Quick Ratio	−1,08	−1,18	−1,07	5,46
Equity Ratio	0	0	−0,04	−0,03
Gross Profit Margin	21,52 %	14,39 %	5,97 %	3,09 %