TITO AS
Organization
- CEO
- SH
Svein Hermansen1956
- Chairman of the board
- SH
Svein Hermansen1956
- Years since formation
- 7 years
- since Sep 8, 2018
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 30
- 1 share class
- Total number of shareholders
- 1
- person
- Belongs to group of
Financials
- Total operating income 2024
- 1,289,456
- NOK
- Annual total result 2024
- 253,309
- NOK
- Total equity 2024
- 1,109,815
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
SH 1956 | Managing Director/CEO | 100 % directly |
Board
| Name | Role | Shares |
|---|---|---|
SH 1956 | Chairman | 100 % directly |
| Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
SH 1956 | Managing Director/CEO, Chairman | 100 % directly |
Last update: May 19, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
SH 1956 | Ordinary shares | 30 | 100 % |
Shares owned by the TITO AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 343,341 | 15 % | |
| Ordinary shares | 3 | 10 % | |
| Ordinary shares | 50 | 10 % | |
| Ordinary shares | 1 | 0.14 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 1,289,456Operating profit 2024: NOK 327,173Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,289,456 | 1,319,705 | 2,440,827 | 1,237,395 |
Annual Total Result | 253,309 | -183,337 | 2,064,572 | 386,216 |
Total assets | 2,439,678 | 3,793,637 | 5,296,409 | 5,192,219 |
Total liabilities | 1,329,863 | 2,937,131 | 2,493,887 | 4,454,270 |
Total equity | 1,109,815 | 856,506 | 2,802,522 | 737,950 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 1,289,456 | 1,319,705 | 2,440,827 | 1,237,395 |
Total operating costs | 962,283 | 1,474,213 | 431,973 | 610,047 |
Operating result | 327,173 | -154,508 | 2,008,853 | 627,348 |
Financial income/costs | -41,654 | -28,830 | 487,619 | -130,003 |
Profit before tax | 285,519 | -183,337 | 2,496,472 | 497,345 |
Total tax & extraordinary income/cost | 32,210 | 0 | 431,900 | 111,129 |
Annual Total Result | 253,309 | -183,337 | 2,064,572 | 386,216 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 1,892,400 | 2,136,870 | 1,709,870 | 2,359,908 |
Total current assets | 547,278 | 1,656,767 | 3,586,539 | 2,832,312 |
Total assets | 2,439,678 | 3,793,637 | 5,296,409 | 5,192,219 |
Short term debt | 29,539 | 206,475 | 729,404 | 463,226 |
Long term debt | 1,300,324 | 2,730,656 | 1,764,483 | 3,991,044 |
Total liabilities | 1,329,863 | 2,937,131 | 2,493,887 | 4,454,270 |
Contributed capital | 30,000 | 30,000 | 30,000 | 30,000 |
Retained earnings | 1,079,815 | 826,506 | 2,772,522 | 707,950 |
Total equity | 1,109,815 | 856,506 | 2,802,522 | 737,950 |
Total equity and liabilities | 2,439,678 | 3,793,637 | 5,296,409 | 5,192,219 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises