TITTI AS

1459 NESODDEN

Finances

Share Ownership

Return on Equity

−1,76 %

Current Ratio

16,69

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	69 000	99 000	47 000	163 000
Net Income	−61 000	−181 000	−158 000	59 000
Total Assets	3 659 000	3 866 000	4 335 000	5 008 000
Total Equity	3 467 000	3 629 000	3 910 000	4 418 000

Income (NOK)	2022	2021	2020	2019
Revenue	69 000	99 000	47 000	163 000
Expenditure	169 000	303 000	225 000	180 000
Operating Profit	−100 000	−205 000	−178 000	−18 000
Financial Income	38 000	24 000	52 000	93 000
Financial Costs	0	0	0	0
Financial Balance	38 000	24 000	52 000	93 000
Earnings Before Tax	−61 000	−181 000	−126 000	75 000
Tax	0	0	32 000	17 000
Net Income	−61 000	−181 000	−158 000	59 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	454 000	504 000	693 000	930 000
Total Current Assets	3 205 000	3 363 000	3 642 000	4 078 000
Total Assets	3 659 000	3 866 000	4 335 000	5 008 000
Total Retained Equity	2 617 000	2 778 000	3 059 000	3 567 000
Total Equity	3 467 000	3 629 000	3 910 000	4 418 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	192 000	238 000	425 000	590 000
Total Equity and Debt	3 659 000	3 866 000	4 335 000	5 008 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	69 000	95 000	47 000	163 000
Other Income	0	4 000	0	0
Revenue	69 000	99 000	47 000	163 000
Cost of Goods Sold	−15 000	34 000	20 000	17 000
Salary Costs	0	0	0	0
Depreciation	0	0	17 000	41 000
Impairment	0	0	0	0
Expenditure	169 000	303 000	225 000	180 000
Operating Profit	−100 000	−205 000	−178 000	−18 000
Financial Income	38 000	24 000	52 000	93 000
Financial Costs	0	0	0	0
Financial Balance	38 000	24 000	52 000	93 000
Dividends	100 000	100 000	350 000	350 000
Net Income	−61 000	−181 000	−158 000	59 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	32 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	12 000
Fixtures	0	0	0	5 000
Total Tangible Assets	0	0	0	17 000
Total Fiancial Fixed Assets	454 000	504 000	693 000	881 000
Total Fixed Assets	454 000	504 000	693 000	930 000
Stock	57 000	35 000	53 000	47 000
Total Investments	0	0	0	0
Cash, Bank	3 148 000	3 328 000	3 589 000	4 031 000
Total Current Assets	3 205 000	3 363 000	3 642 000	4 078 000
Total Assets	3 659 000	3 866 000	4 335 000	5 008 000
Total Equity	3 467 000	3 629 000	3 910 000	4 418 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	6 000	0
Unpaid Taxes	0	0	0	0
Dividends	100 000	100 000	350 000	350 000
Other Current Debt	92 000	138 000	69 000	240 000
Total Current Debt	192 000	238 000	425 000	590 000
Total Equity and Debt	3 659 000	3 866 000	4 335 000	5 008 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−1,76 %	−4,99 %	−4,04 %	1,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−144,93 %	−207,07 %	−378,72 %	−11,04 %
Current Ratio	16,69	14,13	8,57	6,91
Quick Ratio	23,74	16,57	9,79	7,51
Equity Ratio	0,95	0,94	0,9	0,88
Gross Profit Margin	121,74 %	65,66 %	57,45 %	89,57 %