TITT INN GARN AS

1890 RAKKESTAD

Finances

Share Ownership

Return on Equity

69,76 %

Current Ratio

1,32

Debt-to-Equity Ratio

−2,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 928 000	4 326 000	3 839 000	2 502 000
Net Income	−286 000	−125 000	−218 000	27 000
Total Assets	3 165 000	2 623 000	2 505 000	1 738 000
Total Equity	−410 000	−125 000	0	218 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 928 000	4 326 000	3 839 000	2 502 000
Expenditure	5 131 000	4 411 000	3 999 000	2 377 000
Operating Profit	−203 000	−85 000	−160 000	126 000
Financial Income	2 000	5 000	9 000	1 000
Financial Costs	85 000	74 000	66 000	42 000
Financial Balance	−83 000	−69 000	−57 000	−41 000
Earnings Before Tax	−286 000	−154 000	−218 000	85 000
Tax	0	−29 000	0	58 000
Net Income	−286 000	−125 000	−218 000	27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	61 000	0	8 000
Total Current Assets	3 132 000	2 562 000	2 505 000	1 730 000
Total Assets	3 165 000	2 623 000	2 505 000	1 738 000
Total Retained Equity	−460 000	−175 000	−50 000	168 000
Total Equity	−410 000	−125 000	0	218 000
Total Long-Term Debt	1 212 000	1 326 000	1 153 000	714 000
Total Current Debt	2 364 000	1 422 000	1 353 000	807 000
Total Equity and Debt	3 165 000	2 623 000	2 505 000	1 738 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 926 000	4 119 000	3 998 000	2 502 000
Other Income	3 000	207 000	−159 000	0
Revenue	4 928 000	4 326 000	3 839 000	2 502 000
Cost of Goods Sold	2 335 000	2 363 000	2 636 000	1 622 000
Salary Costs	1 262 000	873 000	579 000	359 000
Depreciation	28 000	24 000	8 000	5 000
Impairment	0	0	0	0
Expenditure	5 131 000	4 411 000	3 999 000	2 377 000
Operating Profit	−203 000	−85 000	−160 000	126 000
Financial Income	2 000	5 000	9 000	1 000
Financial Costs	85 000	74 000	66 000	42 000
Financial Balance	−83 000	−69 000	−57 000	−41 000
Dividends	0	0	0	0
Net Income	−286 000	−125 000	−218 000	27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	61 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	8 000
Total Tangible Assets	0	0	0	8 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	33 000	61 000	0	8 000
Stock	2 878 000	2 425 000	2 421 000	1 672 000
Total Investments	0	0	0	0
Cash, Bank	39 000	60 000	31 000	48 000
Total Current Assets	3 132 000	2 562 000	2 505 000	1 730 000
Total Assets	3 165 000	2 623 000	2 505 000	1 738 000
Total Equity	−410 000	−125 000	0	218 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 212 000	1 326 000	1 153 000	714 000
Creditors	156 000	114 000	133 000	85 000
Unpaid Taxes	204 000	234 000	61 000	101 000
Dividends	0	0	0	0
Other Current Debt	1 966 000	1 074 000	958 000	439 000
Total Current Debt	2 364 000	1 422 000	1 353 000	807 000
Total Equity and Debt	3 165 000	2 623 000	2 505 000	1 738 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,76 %	100 %	-	12,39 %
Debt-to-Equity Ratio	−2,96	−10,61	-	3,28
Operating Profit Margin	−4,12 %	−1,96 %	−4,17 %	5,04 %
Current Ratio	1,32	1,8	1,85	2,14
Quick Ratio	−6,09	−2,55	−2,35	−2
Equity Ratio	−0,13	−0,05	0	0,13
Gross Profit Margin	52,62 %	45,38 %	31,34 %	35,17 %