NORSK TITANIUM AS

0278 OSLO

Finances

Return on Equity

−53,81 %

Current Ratio

2,52

Debt-to-Equity Ratio

0,14

Key figures (USD)	2022	2021	2020	2019
Revenue	3 228 000	5 252 000	976 000	393 000
Net Income	−9 373 000	−15 993 000	−42 896 000	−36 587 000
Total Assets	26 556 000	41 985 000	22 932 000	25 509 000
Total Equity	17 418 000	34 102 000	−80 521 000	−37 052 000

Income (USD)	2022	2021	2020	2019
Revenue	3 228 000	5 252 000	976 000	393 000
Expenditure	24 662 000	25 354 000	31 245 000	34 979 000
Operating Profit	−21 434 000	−20 102 000	−30 269 000	−34 586 000
Financial Income	16 237 000	8 613 000	17 458 000	15 386 000
Financial Costs	4 182 000	4 597 000	30 024 000	17 380 000
Financial Balance	12 055 000	4 016 000	−12 566 000	−1 994 000
Earnings Before Tax	−9 379 000	−16 086 000	−42 835 000	−36 580 000
Tax	−6 000	−93 000	61 000	7 000
Net Income	−9 373 000	−15 993 000	−42 896 000	−36 587 000

Balance (USD)	2022	2021	2020	2019
Total Fixed Assets	9 868 000	10 962 000	14 264 000	16 564 000
Total Current Assets	16 688 000	31 023 000	8 668 000	8 945 000
Total Assets	26 556 000	41 985 000	22 932 000	25 509 000
Total Retained Equity	−22 868 000	−15 622 000	−80 975 000	−133 089 000
Total Equity	17 418 000	34 102 000	−80 521 000	−37 052 000
Total Long-Term Debt	2 523 000	1 118 000	1 535 000	48 936 000
Total Current Debt	6 615 000	6 765 000	101 918 000	13 625 000
Total Equity and Debt	26 556 000	41 985 000	22 932 000	25 509 000

Cash flow (USD)	2022	2021	2020	2019
Sales Income	1 003 000	1 267 000	357 000	336 000
Other Income	2 225 000	3 985 000	619 000	57 000
Revenue	3 228 000	5 252 000	976 000	393 000
Cost of Goods Sold	3 630 000	3 748 000	3 891 000	3 195 000
Salary Costs	12 633 000	12 586 000	13 741 000	20 872 000
Depreciation	2 305 000	3 369 000	2 968 000	3 404 000
Impairment	316 000	0	0	713 000
Expenditure	24 662 000	25 354 000	31 245 000	34 979 000
Operating Profit	−21 434 000	−20 102 000	−30 269 000	−34 586 000
Financial Income	16 237 000	8 613 000	17 458 000	15 386 000
Financial Costs	4 182 000	4 597 000	30 024 000	17 380 000
Financial Balance	12 055 000	4 016 000	−12 566 000	−1 994 000
Dividends	0	0	0	0
Net Income	−9 373 000	−15 993 000	−42 896 000	−36 587 000

Balance details (USD)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 323 000	6 358 000	8 202 000	9 235 000
Real Eastate	185 000	508 000	566 000	831 000
Machinery and Plant Facilities	3 344 000	3 500 000	4 154 000	4 679 000
Fixtures	24 000	72 000	139 000	218 000
Total Tangible Assets	3 553 000	4 080 000	4 859 000	5 728 000
Total Fiancial Fixed Assets	1 992 000	524 000	1 203 000	1 601 000
Total Fixed Assets	9 868 000	10 962 000	14 264 000	16 564 000
Stock	5 259 000	5 166 000	4 724 000	4 317 000
Total Investments	0	0	0	0
Cash, Bank	7 731 000	22 932 000	2 196 000	2 145 000
Total Current Assets	16 688 000	31 023 000	8 668 000	8 945 000
Total Assets	26 556 000	41 985 000	22 932 000	25 509 000
Total Equity	17 418 000	34 102 000	−80 521 000	−37 052 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 523 000	1 118 000	1 535 000	48 936 000
Creditors	1 179 000	1 297 000	1 608 000	2 391 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 471 000	5 501 000	100 206 000	11 112 000
Total Current Debt	6 615 000	6 765 000	101 918 000	13 625 000
Total Equity and Debt	26 556 000	41 985 000	22 932 000	25 509 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−53,81 %	−46,9 %	53,27 %	98,75 %
Debt-to-Equity Ratio	0,14	0,03	−0,02	−1,32
Operating Profit Margin	−664 %	−382,75 %	−3 101,33 %	−8 800,51 %
Current Ratio	2,52	4,59	0,09	0,66
Quick Ratio	12,31	19,4	0,09	0,96
Equity Ratio	0,66	0,81	−3,51	−1,45
Gross Profit Margin	−12,45 %	28,64 %	−298,67 %	−712,98 %