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ASActiveOrg 921366213Grønnes 48, 4407 FlekkefjordDevelopment of building projects · NACE 6812Est. 20180 employees
Revenue 2024
NOK 1,3M
-2% vs 2023
EBITDA margin
25.9%
+316% vs 2023
Equity ratio
45.5%
Financial strength
Net profit 2024
NOK 253K
+238% vs 2023
| Revenue | NOK 1,3M | -2% |
| EBITDA | NOK 334K | +316% |
| Net profit | NOK 253K | +238% |
| Total assets | NOK 2,4M | -36% |
| Equity | NOK 1,1M | +30% |
| Employees | 0 | — |
Legal name
TITO AS
Org number
921366213
Legal form
Aksjeselskap
NACE code
6812 · Development of building projects
Founded
8. september 2018
Share capital
NOK 30 000
Employees
0
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene eller daglig leder alene.
Company purpose
Selskapets visjon er tirsdag-torsdag, ti til to og har som formål å investere i verdipapir samt erverve, eie, utvikle, leie ut og selge fast eiendom, samt det som naturlig står i forbindelse med dette, samt import, kjøp og salg av solcellepaneler, herunder delta i selskaper med liknende formål. Selskapet skal også kunne forestå utførelsen av rådgivningstjenester herunder også investeringer i andre selskaper med samme formål, samt vergeoppdrag overfor statsforvalteren.
Address
Grønnes 48, 4407 Flekkefjord
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Revenue | 400 | 604 | 1 237 | 915 | 1 320 | 1 289 |
| Staff expenses | −0 | −0 | −0 | −0 | −0 | −0 |
| EBITDA | 216 | 159 | 627 | 483 | −155 | 334 |
| Depreciation & amort. | −0 | −0 | −0 | −0 | −0 | −7 |
| EBIT | 216 | 159 | 627 | 483 | −155 | 327 |
| Net financials | 139 | −170 | −130 | −62 | −29 | −42 |
| Profit before tax | 355 | −11 | 497 | 420 | −183 | 286 |
| Tax | 36 | 21 | 111 | 93 | −0 | 32 |
| Net profit | 318 | −32 | 386 | 328 | −183 | 253 |
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Total assets | 5 042 | 4 745 | 5 192 | 5 296 | 3 794 | 2 440 |
| Equity | 383 | 352 | 738 | 1 066 | 857 | 1 110 |
| Long-term debt | 4 520 | 4 146 | 3 991 | 3 841 | 2 731 | 1 300 |
| Short-term debt | 138 | 248 | 463 | 390 | 206 | 30 |
| Total debt | 4 658 | 4 394 | 4 454 | 4 231 | 2 937 | 1 330 |
EBITDA margin
25.9%
This company
15.8%
Market median
+64% vs market
20192024
Equity ratio
45.5%
This company
38.2%
Market median
+19% vs market
20192024
Return on equity
22.8%
This company
18.4%
Market median
+24% vs market
20192024
Net profit margin
19.6%
This company
8.1%
Market median
+142% vs market
20192024
Asset turnover
0.53×
This company
1.12×
Market median
-53% vs market
20192024
Debt / equity
1.20×
This company
0.62×
Market median
-94% vs market
20192024
- Annual report 2024Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
- Annual report 2020Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
- Annual report 2019Filed via Brønnøysundsregistrene · Period 2019-01-01 – 2019-12-31
| Name | Role | Member since | Age | Other directorships |
|---|---|---|---|---|
SH Chief Executive Officer | Chief Executive Officer | 2018 | — | — |
GV Deputy Member | Deputy Member | 2018 | — | — |
No data on file.
No shareholder data available.
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TITO AS 
TITO ASBoard members of TITO AS also hold positions in 0 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Svein Hermansen | Chief Executive Officer | 0 companies |
| Grete Vintertun Hermansen | Deputy Member | 0 companies |