TITAN BYGG AS

9750 HONNINGSVÅG

Finances

Share Ownership

Return on Equity

17,91 %

Current Ratio

2,86

Debt-to-Equity Ratio

0,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 783 000	2 443 000	2 469 000	2 596 000
Net Income	243 000	−154 000	−109 000	−99 000
Total Assets	2 222 000	2 249 000	1 805 000	1 467 000
Total Equity	1 357 000	1 114 000	−189 000	−80 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 783 000	2 443 000	2 469 000	2 596 000
Expenditure	1 438 000	2 606 000	2 588 000	2 710 000
Operating Profit	345 000	−163 000	−118 000	−114 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	35 000	35 000	21 000	14 000
Financial Balance	−33 000	−35 000	−20 000	−12 000
Earnings Before Tax	311 000	−197 000	−138 000	−126 000
Tax	69 000	−43 000	−29 000	−27 000
Net Income	243 000	−154 000	−109 000	−99 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 601 000	1 972 000	1 261 000	950 000
Total Current Assets	620 000	277 000	545 000	517 000
Total Assets	2 222 000	2 249 000	1 805 000	1 467 000
Total Retained Equity	−200 000	−443 000	−289 000	−180 000
Total Equity	1 357 000	1 114 000	−189 000	−80 000
Total Long-Term Debt	648 000	930 000	1 754 000	1 308 000
Total Current Debt	217 000	205 000	241 000	240 000
Total Equity and Debt	2 222 000	2 249 000	1 805 000	1 467 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 732 000	2 433 000	2 459 000	2 586 000
Other Income	51 000	10 000	10 000	10 000
Revenue	1 783 000	2 443 000	2 469 000	2 596 000
Cost of Goods Sold	323 000	745 000	870 000	796 000
Salary Costs	557 000	719 000	932 000	1 205 000
Depreciation	213 000	200 000	135 000	61 000
Impairment	0	0	0	0
Expenditure	1 438 000	2 606 000	2 588 000	2 710 000
Operating Profit	345 000	−163 000	−118 000	−114 000
Financial Income	2 000	0	1 000	2 000
Financial Costs	35 000	35 000	21 000	14 000
Financial Balance	−33 000	−35 000	−20 000	−12 000
Dividends	0	0	0	0
Net Income	243 000	−154 000	−109 000	−99 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	56 000	124 000	81 000	52 000
Real Eastate	394 000	394 000	394 000	124 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 149 000	1 411 000	786 000	774 000
Total Tangible Assets	1 543 000	1 805 000	1 180 000	898 000
Total Fiancial Fixed Assets	3 000	43 000	0	0
Total Fixed Assets	1 601 000	1 972 000	1 261 000	950 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	558 000	316 000	320 000	409 000
Total Current Assets	620 000	277 000	545 000	517 000
Total Assets	2 222 000	2 249 000	1 805 000	1 467 000
Total Equity	1 357 000	1 114 000	−189 000	−80 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	648 000	930 000	1 754 000	1 308 000
Creditors	14 000	30 000	57 000	6 000
Unpaid Taxes	104 000	61 000	48 000	64 000
Dividends	0	0	0	0
Other Current Debt	99 000	114 000	136 000	170 000
Total Current Debt	217 000	205 000	241 000	240 000
Total Equity and Debt	2 222 000	2 249 000	1 805 000	1 467 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,91 %	−13,82 %	57,67 %	123,75 %
Debt-to-Equity Ratio	0,48	0,83	−9,28	−16,35
Operating Profit Margin	19,35 %	−6,67 %	−4,78 %	−4,39 %
Current Ratio	2,86	1,35	2,26	2,15
Quick Ratio	2,86	1,35	2,26	2,15
Equity Ratio	0,61	0,5	−0,1	−0,05
Gross Profit Margin	81,88 %	69,5 %	64,76 %	69,34 %