TITUS AS

1283 OSLO

Finances

Share Ownership

Return on Equity

70,14 %

Current Ratio

0,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 693 000	2 871 000	2 775 000	2 338 000
Net Income	1 165 000	1 368 000	1 456 000	966 000
Total Assets	2 192 000	2 375 000	2 395 000	2 117 000
Total Equity	1 661 000	1 765 000	1 757 000	1 481 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 693 000	2 871 000	2 775 000	2 338 000
Expenditure	1 194 000	1 112 000	909 000	1 098 000
Operating Profit	1 499 000	1 759 000	1 866 000	1 240 000
Financial Income	0	0	0	0
Financial Costs	4 000	5 000	4 000	3 000
Financial Balance	−4 000	−5 000	−4 000	−3 000
Earnings Before Tax	1 495 000	1 754 000	1 862 000	1 237 000
Tax	329 000	386 000	407 000	271 000
Net Income	1 165 000	1 368 000	1 456 000	966 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 928 000	1 928 000	1 928 000	1 928 000
Total Current Assets	264 000	447 000	467 000	188 000
Total Assets	2 192 000	2 375 000	2 395 000	2 117 000
Total Retained Equity	1 561 000	1 665 000	1 657 000	1 381 000
Total Equity	1 661 000	1 765 000	1 757 000	1 481 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	531 000	610 000	638 000	636 000
Total Equity and Debt	2 192 000	2 375 000	2 395 000	2 117 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 693 000	2 871 000	2 779 000	2 296 000
Other Income	0	0	−4 000	42 000
Revenue	2 693 000	2 871 000	2 775 000	2 338 000
Cost of Goods Sold	0	0	46 000	296 000
Salary Costs	799 000	799 000	742 000	514 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 194 000	1 112 000	909 000	1 098 000
Operating Profit	1 499 000	1 759 000	1 866 000	1 240 000
Financial Income	0	0	0	0
Financial Costs	4 000	5 000	4 000	3 000
Financial Balance	−4 000	−5 000	−4 000	−3 000
Dividends	0	0	0	0
Net Income	1 165 000	1 368 000	1 456 000	966 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 928 000	1 928 000	1 928 000	1 928 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 928 000	1 928 000	1 928 000	1 928 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 928 000	1 928 000	1 928 000	1 928 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	128 000	247 000	122 000	77 000
Total Current Assets	264 000	447 000	467 000	188 000
Total Assets	2 192 000	2 375 000	2 395 000	2 117 000
Total Equity	1 661 000	1 765 000	1 757 000	1 481 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	4 000	8 000	8 000
Unpaid Taxes	191 000	220 000	224 000	202 000
Dividends	0	0	0	0
Other Current Debt	9 000	0	0	154 000
Total Current Debt	531 000	610 000	638 000	636 000
Total Equity and Debt	2 192 000	2 375 000	2 395 000	2 117 000

Financial indicators	2022	2021	2020	2019
Return on Equity	70,14 %	77,51 %	82,87 %	65,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	55,66 %	61,27 %	67,24 %	53,04 %
Current Ratio	0,5	0,73	0,73	0,3
Quick Ratio	0,5	0,73	0,73	0,3
Equity Ratio	0,76	0,74	0,73	0,7
Gross Profit Margin	100 %	100 %	98,34 %	87,34 %