TITO AS

4407 FLEKKEFJORD

Finances

Return on Equity

30,77 %

Current Ratio

7,79

Debt-to-Equity Ratio

3,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	915 000	1 237 000	604 000	400 000
Net Income	328 000	386 000	−32 000	318 000
Total Assets	5 296 000	5 192 000	4 745 000	5 042 000
Total Equity	1 066 000	738 000	352 000	383 000

Income (NOK)	2022	2021	2020	2019
Revenue	915 000	1 237 000	604 000	400 000
Expenditure	432 000	610 000	445 000	184 000
Operating Profit	483 000	627 000	159 000	216 000
Financial Income	0	0	9 000	384 000
Financial Costs	62 000	130 000	179 000	245 000
Financial Balance	−62 000	−130 000	−170 000	139 000
Earnings Before Tax	420 000	497 000	−11 000	355 000
Tax	93 000	111 000	21 000	36 000
Net Income	328 000	386 000	−32 000	318 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 260 000	2 360 000	2 941 000	2 190 000
Total Current Assets	3 037 000	2 832 000	1 805 000	2 852 000
Total Assets	5 296 000	5 192 000	4 745 000	5 042 000
Total Retained Equity	1 036 000	708 000	322 000	353 000
Total Equity	1 066 000	738 000	352 000	383 000
Total Long-Term Debt	3 841 000	3 991 000	4 146 000	4 520 000
Total Current Debt	390 000	463 000	248 000	138 000
Total Equity and Debt	5 296 000	5 192 000	4 745 000	5 042 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	653 000	791 000	543 000	370 000
Other Income	262 000	447 000	61 000	29 000
Revenue	915 000	1 237 000	604 000	400 000
Cost of Goods Sold	79 000	122 000	52 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	432 000	610 000	445 000	184 000
Operating Profit	483 000	627 000	159 000	216 000
Financial Income	0	0	9 000	384 000
Financial Costs	62 000	130 000	179 000	245 000
Financial Balance	−62 000	−130 000	−170 000	139 000
Dividends	0	0	0	0
Net Income	328 000	386 000	−32 000	318 000

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	2 260 000	2 360 000	2 941 000	2 190 000
Total Fixed Assets	2 260 000	2 360 000	2 941 000	2 190 000
Stock	2 293 000	2 393 000	1 637 000	1 539 000
Total Investments	0	0	0	0
Cash, Bank	660 000	402 000	106 000	403 000
Total Current Assets	3 037 000	2 832 000	1 805 000	2 852 000
Total Assets	5 296 000	5 192 000	4 745 000	5 042 000
Total Equity	1 066 000	738 000	352 000	383 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 841 000	3 991 000	4 146 000	4 520 000
Creditors	0	125 000	7 000	0
Unpaid Taxes	56 000	−32 000	10 000	23 000
Dividends	0	0	0	0
Other Current Debt	241 000	259 000	211 000	79 000
Total Current Debt	390 000	463 000	248 000	138 000
Total Equity and Debt	5 296 000	5 192 000	4 745 000	5 042 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,77 %	52,3 %	−9,09 %	83,03 %
Debt-to-Equity Ratio	3,6	5,41	11,78	11,8
Operating Profit Margin	52,79 %	50,69 %	26,32 %	54 %
Current Ratio	7,79	6,12	7,28	20,67
Quick Ratio	−1,6	−1,47	−1,3	−2,04
Equity Ratio	0,2	0,14	0,07	0,08
Gross Profit Margin	91,37 %	90,14 %	91,39 %	100 %