TITAN SERVICE AS

0680 OSLO

Finances

Share Ownership

Return on Equity

7,07 %

Current Ratio

1,31

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 196 000	4 472 000	4 043 000	4 272 000
Net Income	26 000	−17 000	111 000	46 000
Total Assets	1 081 000	1 264 000	1 722 000	1 403 000
Total Equity	368 000	342 000	360 000	248 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 196 000	4 472 000	4 043 000	4 272 000
Expenditure	4 160 000	4 483 000	3 885 000	4 195 000
Operating Profit	36 000	−11 000	159 000	77 000
Financial Income	2 000	1 000	1 000	1 000
Financial Costs	6 000	12 000	16 000	15 000
Financial Balance	−4 000	−11 000	−15 000	−14 000
Earnings Before Tax	33 000	−22 000	144 000	63 000
Tax	7 000	−5 000	32 000	18 000
Net Income	26 000	−17 000	111 000	46 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	156 000	221 000	286 000	562 000
Total Current Assets	926 000	1 042 000	1 435 000	841 000
Total Assets	1 081 000	1 264 000	1 722 000	1 403 000
Total Retained Equity	268 000	242 000	260 000	148 000
Total Equity	368 000	342 000	360 000	248 000
Total Long-Term Debt	5 000	331 000	582 000	323 000
Total Current Debt	708 000	591 000	780 000	832 000
Total Equity and Debt	1 081 000	1 264 000	1 722 000	1 403 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 196 000	4 472 000	3 876 000	4 201 000
Other Income	0	0	167 000	72 000
Revenue	4 196 000	4 472 000	4 043 000	4 272 000
Cost of Goods Sold	1 794 000	2 158 000	1 353 000	1 447 000
Salary Costs	1 804 000	1 847 000	2 038 000	2 134 000
Depreciation	39 000	78 000	97 000	139 000
Impairment	27 000	0	0	0
Expenditure	4 160 000	4 483 000	3 885 000	4 195 000
Operating Profit	36 000	−11 000	159 000	77 000
Financial Income	2 000	1 000	1 000	1 000
Financial Costs	6 000	12 000	16 000	15 000
Financial Balance	−4 000	−11 000	−15 000	−14 000
Dividends	0	0	0	0
Net Income	26 000	−17 000	111 000	46 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	156 000	221 000	282 000	562 000
Total Tangible Assets	156 000	221 000	282 000	562 000
Total Fiancial Fixed Assets	0	0	4 000	0
Total Fixed Assets	156 000	221 000	286 000	562 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	624 000	803 000	1 245 000	438 000
Total Current Assets	926 000	1 042 000	1 435 000	841 000
Total Assets	1 081 000	1 264 000	1 722 000	1 403 000
Total Equity	368 000	342 000	360 000	248 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	331 000	582 000	323 000
Creditors	108 000	25 000	147 000	218 000
Unpaid Taxes	231 000	256 000	220 000	241 000
Dividends	0	0	0	0
Other Current Debt	356 000	303 000	333 000	354 000
Total Current Debt	708 000	591 000	780 000	832 000
Total Equity and Debt	1 081 000	1 264 000	1 722 000	1 403 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,07 %	−4,97 %	30,83 %	18,55 %
Debt-to-Equity Ratio	0,01	0,97	1,62	1,3
Operating Profit Margin	0,86 %	−0,25 %	3,93 %	1,8 %
Current Ratio	1,31	1,76	1,84	1,01
Quick Ratio	1,31	1,76	1,84	1,01
Equity Ratio	0,34	0,27	0,21	0,18
Gross Profit Margin	57,24 %	51,74 %	66,53 %	66,13 %