TITL AS

7014 TRONDHEIM

Finances

Share Ownership

Return on Equity

1 926,88 %

Current Ratio

0,65

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	73 000	446 000	349 000	21 000
Net Income	−1 792 000	−857 000	−21 000	0
Total Assets	789 000	2 428 000	584 000	377 000
Total Equity	−93 000	1 699 000	3 000	24 000

Income (NOK)	2022	2021	2020	2019
Revenue	73 000	446 000	349 000	21 000
Expenditure	1 890 000	1 278 000	349 000	20 000
Operating Profit	−1 817 000	−833 000	0	0
Financial Income	25 000	2 000	0	0
Financial Costs	0	25 000	21 000	0
Financial Balance	25 000	−23 000	−21 000	0
Earnings Before Tax	−1 792 000	−857 000	−21 000	0
Tax	0	0	0	0
Net Income	−1 792 000	−857 000	−21 000	0

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	214 000	309 000	406 000	348 000
Total Current Assets	576 000	2 120 000	178 000	30 000
Total Assets	789 000	2 428 000	584 000	377 000
Total Retained Equity	−2 671 000	−879 000	−22 000	0
Total Equity	−93 000	1 699 000	3 000	24 000
Total Long-Term Debt	0	0	141 000	348 000
Total Current Debt	882 000	729 000	440 000	6 000
Total Equity and Debt	789 000	2 428 000	584 000	377 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	73 000	73 000	0	0
Other Income	0	373 000	349 000	21 000
Revenue	73 000	446 000	349 000	21 000
Cost of Goods Sold	0	0	0	0
Salary Costs	689 000	476 000	128 000	0
Depreciation	97 000	97 000	81 000	0
Impairment	0	0	0	0
Expenditure	1 890 000	1 278 000	349 000	20 000
Operating Profit	−1 817 000	−833 000	0	0
Financial Income	25 000	2 000	0	0
Financial Costs	0	25 000	21 000	0
Financial Balance	25 000	−23 000	−21 000	0
Dividends	0	0	0	0
Net Income	−1 792 000	−857 000	−21 000	0

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	211 000	309 000	406 000	348 000
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	3 000	0	0	0
Total Fixed Assets	214 000	309 000	406 000	348 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	251 000	1 635 000	149 000	30 000
Total Current Assets	576 000	2 120 000	178 000	30 000
Total Assets	789 000	2 428 000	584 000	377 000
Total Equity	−93 000	1 699 000	3 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	141 000	348 000
Creditors	17 000	89 000	0	0
Unpaid Taxes	2 000	50 000	4 000	−87 000
Dividends	0	0	0	0
Other Current Debt	333 000	57 000	71 000	93 000
Total Current Debt	882 000	729 000	440 000	6 000
Total Equity and Debt	789 000	2 428 000	584 000	377 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 926,88 %	−50,44 %	−700 %	0 %
Debt-to-Equity Ratio	−0	0	47	14,5
Operating Profit Margin	−2 489,04 %	−186,77 %	0 %	0 %
Current Ratio	0,65	2,91	0,4	5
Quick Ratio	0,65	2,91	0,4	5
Equity Ratio	−0,12	0,7	0,01	0,06
Gross Profit Margin	100 %	100 %	100 %	100 %