TITANSPORT AS

1930 AURSKOG

Finances

Share Ownership

Return on Equity

76,9 %

Current Ratio

1,14

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	52 207 000	37 506 000	40 246 000	35 530 000
Net Income	2 523 000	801 000	755 000	1 140 000
Total Assets	17 126 000	16 409 000	13 961 000	14 115 000
Total Equity	3 281 000	3 487 000	3 481 000	3 639 000

Income (NOK)	2022	2021	2020	2019
Revenue	52 207 000	37 506 000	40 246 000	35 530 000
Expenditure	48 759 000	36 496 000	39 071 000	33 890 000
Operating Profit	3 448 000	1 011 000	1 175 000	1 640 000
Financial Income	191 000	187 000	92 000	22 000
Financial Costs	347 000	173 000	264 000	188 000
Financial Balance	−156 000	14 000	−172 000	−166 000
Earnings Before Tax	3 292 000	1 025 000	1 003 000	1 474 000
Tax	770 000	224 000	248 000	334 000
Net Income	2 523 000	801 000	755 000	1 140 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 335 000	1 699 000	1 672 000	1 126 000
Total Current Assets	15 790 000	14 710 000	12 290 000	12 989 000
Total Assets	17 126 000	16 409 000	13 961 000	14 115 000
Total Retained Equity	3 181 000	3 387 000	3 381 000	3 539 000
Total Equity	3 281 000	3 487 000	3 481 000	3 639 000
Total Long-Term Debt	0	2 177 000	2 758 000	2 905 000
Total Current Debt	13 845 000	10 744 000	7 721 000	7 571 000
Total Equity and Debt	17 126 000	16 409 000	13 961 000	14 115 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	52 038 000	37 030 000	40 219 000	35 530 000
Other Income	168 000	476 000	26 000	0
Revenue	52 207 000	37 506 000	40 246 000	35 530 000
Cost of Goods Sold	27 880 000	17 286 000	18 956 000	15 147 000
Salary Costs	12 766 000	12 703 000	13 609 000	12 812 000
Depreciation	309 000	405 000	396 000	340 000
Impairment	0	0	0	0
Expenditure	48 759 000	36 496 000	39 071 000	33 890 000
Operating Profit	3 448 000	1 011 000	1 175 000	1 640 000
Financial Income	191 000	187 000	92 000	22 000
Financial Costs	347 000	173 000	264 000	188 000
Financial Balance	−156 000	14 000	−172 000	−166 000
Dividends	0	0	0	0
Net Income	2 523 000	801 000	755 000	1 140 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	45 000	57 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	86 000	218 000	326 000	390 000
Fixtures	404 000	541 000	677 000	721 000
Total Tangible Assets	490 000	759 000	1 004 000	1 111 000
Total Fiancial Fixed Assets	812 000	895 000	611 000	15 000
Total Fixed Assets	1 335 000	1 699 000	1 672 000	1 126 000
Stock	5 928 000	5 652 000	3 416 000	2 717 000
Total Investments	0	0	0	0
Cash, Bank	656 000	459 000	784 000	776 000
Total Current Assets	15 790 000	14 710 000	12 290 000	12 989 000
Total Assets	17 126 000	16 409 000	13 961 000	14 115 000
Total Equity	3 281 000	3 487 000	3 481 000	3 639 000
Short-Term Group Debt	7 275 000	3 776 000	2 757 000	1 586 000
Total Long-Term Debt	0	2 177 000	2 758 000	2 905 000
Creditors	1 551 000	1 681 000	−618 000	310 000
Unpaid Taxes	3 021 000	2 646 000	3 512 000	4 533 000
Dividends	0	0	0	0
Other Current Debt	1 300 000	1 036 000	1 100 000	1 142 000
Total Current Debt	13 845 000	10 744 000	7 721 000	7 571 000
Total Equity and Debt	17 126 000	16 409 000	13 961 000	14 115 000

Financial indicators	2022	2021	2020	2019
Return on Equity	76,9 %	22,97 %	21,69 %	31,33 %
Debt-to-Equity Ratio	0	0,62	0,79	0,8
Operating Profit Margin	6,6 %	2,7 %	2,92 %	4,62 %
Current Ratio	1,14	1,37	1,59	1,72
Quick Ratio	1,99	2,89	2,85	2,68
Equity Ratio	0,19	0,21	0,25	0,26
Gross Profit Margin	46,6 %	53,91 %	52,9 %	57,37 %