TITAN MANAGEMENT AS

1912 ENEBAKK

Finances

Return on Equity

10,68 %

Current Ratio

2,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 462 000	2 129 000	1 122 000	1 121 000
Net Income	25 000	−176 000	1 000	11 000
Total Assets	371 000	370 000	347 000	442 000
Total Equity	234 000	208 000	274 000	273 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 462 000	2 129 000	1 122 000	1 121 000
Expenditure	1 437 000	2 349 000	1 120 000	1 107 000
Operating Profit	25 000	−220 000	1 000	14 000
Financial Income	0	43 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	43 000	0	0
Earnings Before Tax	25 000	−177 000	1 000	14 000
Tax	0	0	0	3 000
Net Income	25 000	−176 000	1 000	11 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	20 000	91 000	25 000	0
Total Current Assets	351 000	280 000	322 000	442 000
Total Assets	371 000	370 000	347 000	442 000
Total Retained Equity	134 000	108 000	174 000	173 000
Total Equity	234 000	208 000	274 000	273 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	137 000	162 000	73 000	169 000
Total Equity and Debt	371 000	370 000	347 000	442 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 462 000	2 129 000	1 212 000	1 031 000
Other Income	0	0	−90 000	90 000
Revenue	1 462 000	2 129 000	1 122 000	1 121 000
Cost of Goods Sold	549 000	1 096 000	458 000	212 000
Salary Costs	520 000	858 000	295 000	666 000
Depreciation	11 000	11 000	1 000	0
Impairment	0	0	0	0
Expenditure	1 437 000	2 349 000	1 120 000	1 107 000
Operating Profit	25 000	−220 000	1 000	14 000
Financial Income	0	43 000	0	0
Financial Costs	0	0	0	0
Financial Balance	0	43 000	0	0
Dividends	0	0	0	0
Net Income	25 000	−176 000	1 000	11 000

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	20 000	31 000	25 000	0
Total Tangible Assets	20 000	31 000	25 000	0
Total Fiancial Fixed Assets	0	60 000	0	0
Total Fixed Assets	20 000	91 000	25 000	0
Stock	0	0	0	0
Total Investments	100 000	0	60 000	60 000
Cash, Bank	204 000	280 000	152 000	33 000
Total Current Assets	351 000	280 000	322 000	442 000
Total Assets	371 000	370 000	347 000	442 000
Total Equity	234 000	208 000	274 000	273 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	8 000	6 000	1 000	1 000
Unpaid Taxes	92 000	77 000	54 000	112 000
Dividends	0	0	0	0
Other Current Debt	33 000	74 000	18 000	53 000
Total Current Debt	137 000	162 000	73 000	169 000
Total Equity and Debt	371 000	370 000	347 000	442 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,68 %	−84,62 %	0,36 %	4,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,71 %	−10,33 %	0,09 %	1,25 %
Current Ratio	2,56	1,73	4,41	2,62
Quick Ratio	2,56	1,73	4,41	2,62
Equity Ratio	0,63	0,56	0,79	0,62
Gross Profit Margin	62,45 %	48,52 %	59,18 %	81,09 %