TITAN SOFTWARE AS

3961 STATHELLE

Finances

Share Ownership

Return on Equity

132,43 %

Current Ratio

N/A

Debt-to-Equity Ratio

−37,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−49 000	−32 000	−12 000	−9 000
Total Assets	1 344 000	1 346 000	44 000	9 000
Total Equity	−37 000	12 000	44 000	9 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	2 000	8 000	11 000	5 000
Operating Profit	−2 000	−8 000	−11 000	−5 000
Financial Income	0	0	0	0
Financial Costs	47 000	24 000	0	0
Financial Balance	−47 000	−24 000	0	0
Earnings Before Tax	−49 000	−32 000	−11 000	−5 000
Tax	0	0	0	4 000
Net Income	−49 000	−32 000	−12 000	−9 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 306 000	1 306 000	0	0
Total Current Assets	37 000	40 000	44 000	9 000
Total Assets	1 344 000	1 346 000	44 000	9 000
Total Retained Equity	−102 000	−52 000	−20 000	−9 000
Total Equity	−37 000	12 000	44 000	9 000
Total Long-Term Debt	1 381 000	1 334 000	0	0
Total Current Debt	0	0	0	0
Total Equity and Debt	1 344 000	1 346 000	44 000	9 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 000	8 000	11 000	5 000
Operating Profit	−2 000	−8 000	−11 000	−5 000
Financial Income	0	0	0	0
Financial Costs	47 000	24 000	0	0
Financial Balance	−47 000	−24 000	0	0
Dividends	0	0	0	0
Net Income	−49 000	−32 000	−12 000	−9 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 306 000	1 306 000	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	1 306 000	1 306 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	37 000	40 000	44 000	9 000
Total Current Assets	37 000	40 000	44 000	9 000
Total Assets	1 344 000	1 346 000	44 000	9 000
Total Equity	−37 000	12 000	44 000	9 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 381 000	1 334 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	0	0	0	0
Total Equity and Debt	1 344 000	1 346 000	44 000	9 000

Financial indicators	2022	2021	2020	2019
Return on Equity	132,43 %	−266,67 %	−27,27 %	−100 %
Debt-to-Equity Ratio	−37,32	111,17	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	-	-	-	-
Quick Ratio	-	-	-	-
Equity Ratio	−0,03	0,01	1	1
Gross Profit Margin	-	-	-	-