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TITAS MAT AS
AS
Active
Org 820320042
Gjerstadveien 1218, 4980 Gjerstad
Manufacture of bread; manufacture of fresh pastry goods and cakes · NACE 1071
Est. 2018
0 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 945K
+344% vs 2023
EBITDA margin
30.1%
+2350% vs 2023
Equity ratio
70.0%
Financial strength
Net profit 2024
NOK 193K
+1667% vs 2023
EBITDA — year on year
NOK millions
0M
-0M
-1M
-1M
-1M
0M
2020
0M
0%
2021
0M
0%
2022
0M
0%
2023
0M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 945K
+344%
EBITDA
NOK 285K
+2350%
Net profit
NOK 193K
+1667%
Total assets
NOK 319K
+205%
Equity
NOK 223K
+483%
Employees
0
—
Company information
Legal name
TITAS MAT AS
Org number
820320042
Legal form
Aksjeselskap
NACE code
1071 · Manufacture of bread; manufacture of fresh pastry goods and cakes
Founded
26. januar 2018
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Company purpose
Omsetning av mat, kioskvarer, bilrekvisita og catering med tilhørende virksomhet og produkter.
Contact
Address
Gjerstadveien 1218, 4980 Gjerstad
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Explore
Companies in Manufacture of bread; manufacture of fresh pastry goods and cakes
Companies in Gjerstad
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
3M
3M
2020
0M
2021
0M
2022
0M
2023
1M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
0M
2021
0M
2022
0M
2023
0M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
3 169
270
256
213
945
Staff expenses
−559
−0
−127
−166
−0
EBITDA
17
134
30
−13
285
Depreciation & amort.
−16
−18
−18
−0
−37
EBIT
2
116
11
−13
248
Net financials
0
0
−0
0
0
Profit before tax
2
116
11
−12
248
Tax
0
25
−10
−0
55
Net profit
1
90
21
−12
193
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
227
82
90
105
319
Equity
128
30
51
38
223
Long-term debt
21
7
0
0
0
Short-term debt
78
45
39
66
96
Total debt
99
52
39
66
96
Financial ratios
5-year trend
EBITDA margin
30.1%
This company
15.8%
Market median
+91% vs market
2020
2024
Equity ratio
70.0%
This company
38.2%
Market median
+83% vs market
2020
2024
Return on equity
86.6%
This company
18.4%
Market median
+371% vs market
2020
2024
Net profit margin
20.5%
This company
8.1%
Market median
+153% vs market
2020
2024
Asset turnover
2.96×
This company
1.12×
Market median
+164% vs market
2020
2024
Debt / equity
0.43×
This company
0.62×
Market median
+31% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (1)
TR
Tove Rita Lønne Aasbø
Chief Executive Officer
Chief Executive Officer
2024
Board of directors
Non-executive oversight
Name
Role
Member since
Former (1)
JS
Joar Skorpe
Chairman
2018 – 2024
Shareholders
As of last annual report
No shareholder data available.
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive.
Learn more
.
Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of TITAS MAT AS also hold positions in
0
other companies.
Person
Role here
Other companies
Tove Rita Lønne Aasbø
Chief Executive Officer
0 companies
Joar Skorpe
Chairman
0 companies