TITAN INVEST AS

5363 ÅGOTNES

Finances

Return on Equity

60,73 %

Current Ratio

1,65

Debt-to-Equity Ratio

0,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 779 000	1 480 000	2 039 000	127 000
Net Income	416 000	−134 000	676 000	63 000
Total Assets	1 466 000	998 000	1 119 000	622 000
Total Equity	685 000	449 000	582 000	6 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 779 000	1 480 000	2 039 000	127 000
Expenditure	1 377 000	1 382 000	1 222 000	7 000
Operating Profit	402 000	98 000	817 000	120 000
Financial Income	214 000	61 000	60 000	5 000
Financial Costs	74 000	271 000	20 000	37 000
Financial Balance	140 000	−210 000	40 000	−32 000
Earnings Before Tax	542 000	−111 000	856 000	88 000
Tax	126 000	22 000	180 000	25 000
Net Income	416 000	−134 000	676 000	63 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	648 000	606 000	301 000	475 000
Total Current Assets	818 000	393 000	818 000	147 000
Total Assets	1 466 000	998 000	1 119 000	622 000
Total Retained Equity	655 000	419 000	558 000	−18 000
Total Equity	685 000	449 000	582 000	6 000
Total Long-Term Debt	286 000	318 000	0	0
Total Current Debt	496 000	232 000	537 000	616 000
Total Equity and Debt	1 466 000	998 000	1 119 000	622 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 779 000	1 480 000	2 039 000	127 000
Other Income	0	0	0	0
Revenue	1 779 000	1 480 000	2 039 000	127 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 186 000	1 197 000	1 138 000	0
Depreciation	57 000	33 000	0	0
Impairment	0	0	0	0
Expenditure	1 377 000	1 382 000	1 222 000	7 000
Operating Profit	402 000	98 000	817 000	120 000
Financial Income	214 000	61 000	60 000	5 000
Financial Costs	74 000	271 000	20 000	37 000
Financial Balance	140 000	−210 000	40 000	−32 000
Dividends	180 000	0	100 000	0
Net Income	416 000	−134 000	676 000	63 000

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	477 000	533 000	0	0
Total Tangible Assets	477 000	533 000	0	0
Total Fiancial Fixed Assets	171 000	72 000	301 000	475 000
Total Fixed Assets	648 000	606 000	301 000	475 000
Stock	0	0	0	0
Total Investments	93 000	231 000	0	19 000
Cash, Bank	485 000	142 000	760 000	21 000
Total Current Assets	818 000	393 000	818 000	147 000
Total Assets	1 466 000	998 000	1 119 000	622 000
Total Equity	685 000	449 000	582 000	6 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	286 000	318 000	0	0
Creditors	5 000	24 000	5 000	1 000
Unpaid Taxes	200 000	104 000	133 000	0
Dividends	180 000	0	100 000	0
Other Current Debt	111 000	99 000	119 000	589 000
Total Current Debt	496 000	232 000	537 000	616 000
Total Equity and Debt	1 466 000	998 000	1 119 000	622 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,73 %	−29,84 %	116,15 %	1 050 %
Debt-to-Equity Ratio	0,42	0,71	0	0
Operating Profit Margin	22,6 %	6,62 %	40,07 %	94,49 %
Current Ratio	1,65	1,69	1,52	0,24
Quick Ratio	1,65	1,69	1,52	0,24
Equity Ratio	0,47	0,45	0,52	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %