TITOM AS

4009 STAVANGER

Finances

Share Ownership

Return on Equity

13,79 %

Current Ratio

3,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	427 000	46 000	399 000	1 082 000
Net Income	146 000	−25 000	166 000	118 000
Total Assets	1 511 000	1 212 000	1 354 000	1 256 000
Total Equity	1 059 000	913 000	938 000	772 000

Income (NOK)	2022	2021	2020	2019
Revenue	427 000	46 000	399 000	1 082 000
Expenditure	229 000	79 000	185 000	931 000
Operating Profit	198 000	−33 000	213 000	151 000
Financial Income	1 000	0	0	0
Financial Costs	11 000	0	0	0
Financial Balance	−10 000	0	0	0
Earnings Before Tax	188 000	−33 000	213 000	151 000
Tax	42 000	−7 000	47 000	33 000
Net Income	146 000	−25 000	166 000	118 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	7 000	0	0
Total Current Assets	1 511 000	1 204 000	1 354 000	1 256 000
Total Assets	1 511 000	1 212 000	1 354 000	1 256 000
Total Retained Equity	459 000	313 000	338 000	172 000
Total Equity	1 059 000	913 000	938 000	772 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	452 000	299 000	416 000	484 000
Total Equity and Debt	1 511 000	1 212 000	1 354 000	1 256 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	427 000	46 000	399 000	1 082 000
Other Income	0	0	0	0
Revenue	427 000	46 000	399 000	1 082 000
Cost of Goods Sold	121 000	4 000	94 000	844 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	229 000	79 000	185 000	931 000
Operating Profit	198 000	−33 000	213 000	151 000
Financial Income	1 000	0	0	0
Financial Costs	11 000	0	0	0
Financial Balance	−10 000	0	0	0
Dividends	0	0	0	0
Net Income	146 000	−25 000	166 000	118 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	7 000	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	0	7 000	0	0
Stock	150 000	150 000	150 000	150 000
Total Investments	0	0	0	0
Cash, Bank	1 314 000	1 027 000	1 128 000	1 092 000
Total Current Assets	1 511 000	1 204 000	1 354 000	1 256 000
Total Assets	1 511 000	1 212 000	1 354 000	1 256 000
Total Equity	1 059 000	913 000	938 000	772 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	0	29 000	0
Unpaid Taxes	72 000	1 000	86 000	199 000
Dividends	0	0	0	0
Other Current Debt	342 000	298 000	254 000	252 000
Total Current Debt	452 000	299 000	416 000	484 000
Total Equity and Debt	1 511 000	1 212 000	1 354 000	1 256 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,79 %	−2,74 %	17,7 %	15,28 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	46,37 %	−71,74 %	53,38 %	13,96 %
Current Ratio	3,34	4,03	3,25	2,6
Quick Ratio	5	8,08	5,09	3,76
Equity Ratio	0,7	0,75	0,69	0,61
Gross Profit Margin	71,66 %	91,3 %	76,44 %	22 %