ELITE TITAN AS

3617 KONGSBERG

Finances

Share Ownership

Return on Equity

2,47 %

Current Ratio

20,1

Debt-to-Equity Ratio

0,18

Key figures (NOK)	2022	2021	2020	2019
Revenue	150 000	0	0	0
Net Income	4 000	−402 000	−148 000	−163 000
Total Assets	201 000	188 000	1 000	30 000
Total Equity	162 000	22 000	−306 000	−168 000

Income (NOK)	2022	2021	2020	2019
Revenue	150 000	0	0	0
Expenditure	145 000	397 000	148 000	163 000
Operating Profit	4 000	−398 000	−148 000	−163 000
Financial Income	0	0	0	0
Financial Costs	0	4 000	0	1 000
Financial Balance	0	−4 000	0	−1 000
Earnings Before Tax	4 000	−402 000	−148 000	−163 000
Tax	0	0	0	0
Net Income	4 000	−402 000	−148 000	−163 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	201 000	188 000	1 000	30 000
Total Assets	201 000	188 000	1 000	30 000
Total Retained Equity	−743 000	−748 000	−346 000	−198 000
Total Equity	162 000	22 000	−306 000	−168 000
Total Long-Term Debt	29 000	29 000	29 000	0
Total Current Debt	10 000	137 000	278 000	198 000
Total Equity and Debt	201 000	188 000	1 000	30 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	150 000	0	0	0
Revenue	150 000	0	0	0
Cost of Goods Sold	31 000	0	0	1 000
Salary Costs	0	164 000	14 000	31 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	145 000	397 000	148 000	163 000
Operating Profit	4 000	−398 000	−148 000	−163 000
Financial Income	0	0	0	0
Financial Costs	0	4 000	0	1 000
Financial Balance	0	−4 000	0	−1 000
Dividends	0	0	0	0
Net Income	4 000	−402 000	−148 000	−163 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
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	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	201 000	188 000	1 000	0
Total Current Assets	201 000	188 000	1 000	30 000
Total Assets	201 000	188 000	1 000	30 000
Total Equity	162 000	22 000	−306 000	−168 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	29 000	29 000	29 000	0
Creditors	0	24 000	177 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	10 000	112 000	101 000	198 000
Total Current Debt	10 000	137 000	278 000	198 000
Total Equity and Debt	201 000	188 000	1 000	30 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,47 %	−1 827,27 %	48,37 %	97,02 %
Debt-to-Equity Ratio	0,18	1,32	−0,09	−0
Operating Profit Margin	2,67 %	-	-	-
Current Ratio	20,1	1,37	0	0,15
Quick Ratio	20,1	1,37	0	0,15
Equity Ratio	0,81	0,12	−306	−5,6
Gross Profit Margin	79,33 %	-	-	-