TITROMAG AS

4365 NÆRBØ

Finances

Return on Equity

−1,33 %

Current Ratio

−0,14

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	122 000	109 000	111 000	132 000
Net Income	−26 000	−8 000	−46 000	−18 000
Total Assets	3 802 000	3 806 000	3 803 000	3 861 000
Total Equity	1 961 000	1 987 000	1 995 000	2 041 000

Income (NOK)	2022	2021	2020	2019
Revenue	122 000	109 000	111 000	132 000
Expenditure	62 000	53 000	84 000	80 000
Operating Profit	60 000	57 000	27 000	51 000
Financial Income	0	0	0	0
Financial Costs	86 000	65 000	73 000	70 000
Financial Balance	−86 000	−65 000	−73 000	−70 000
Earnings Before Tax	−26 000	−8 000	−46 000	−18 000
Tax	0	0	0	0
Net Income	−26 000	−8 000	−46 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 828 000	3 828 000	3 828 000	3 828 000
Total Current Assets	−26 000	−22 000	−25 000	33 000
Total Assets	3 802 000	3 806 000	3 803 000	3 861 000
Total Retained Equity	1 931 000	1 957 000	1 965 000	2 011 000
Total Equity	1 961 000	1 987 000	1 995 000	2 041 000
Total Long-Term Debt	1 653 000	1 648 000	1 650 000	1 655 000
Total Current Debt	189 000	172 000	158 000	165 000
Total Equity and Debt	3 802 000	3 806 000	3 803 000	3 861 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	122 000	109 000	111 000	132 000
Revenue	122 000	109 000	111 000	132 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	3 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	62 000	53 000	84 000	80 000
Operating Profit	60 000	57 000	27 000	51 000
Financial Income	0	0	0	0
Financial Costs	86 000	65 000	73 000	70 000
Financial Balance	−86 000	−65 000	−73 000	−70 000
Dividends	0	0	0	0
Net Income	−26 000	−8 000	−46 000	−18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	3 339 000	3 339 000	3 339 000	3 339 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	379 000	379 000	379 000	379 000
Total Tangible Assets	3 719 000	3 719 000	3 719 000	3 719 000
Total Fiancial Fixed Assets	109 000	109 000	109 000	109 000
Total Fixed Assets	3 828 000	3 828 000	3 828 000	3 828 000
Stock	241 000	241 000	241 000	241 000
Total Investments	0	0	0	0
Cash, Bank	−156 000	−152 000	−155 000	−111 000
Total Current Assets	−26 000	−22 000	−25 000	33 000
Total Assets	3 802 000	3 806 000	3 803 000	3 861 000
Total Equity	1 961 000	1 987 000	1 995 000	2 041 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 653 000	1 648 000	1 650 000	1 655 000
Creditors	31 000	14 000	0	7 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	158 000	158 000	158 000	158 000
Total Current Debt	189 000	172 000	158 000	165 000
Total Equity and Debt	3 802 000	3 806 000	3 803 000	3 861 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,33 %	−0,4 %	−2,31 %	−0,88 %
Debt-to-Equity Ratio	0,84	0,83	0,83	0,81
Operating Profit Margin	49,18 %	52,29 %	24,32 %	38,64 %
Current Ratio	−0,14	−0,13	−0,16	0,2
Quick Ratio	0,5	0,32	0,3	−0,43
Equity Ratio	0,52	0,52	0,52	0,53
Gross Profit Margin	100 %	100 %	100 %	100 %