TITAN VENTURE AS
Organization
- CEO
- EW
Espen Westeren1978
- Chairman of the board
- EW
Espen Westeren1978
- Years since formation
- 8 years
- since Nov 1, 2016
- 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
- Annual total result 2023
- 30,699,666
- NOK
- Total equity 2023
- 187,526,004
- NOK
Last update: Aug 29, 2024
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
EW 1978 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
EW 1978 | Chairman | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
EW 1978 | - | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
EW 1978 | Ordinary shares | 30 | 100 % |
Shares owned by the TITAN VENTURE AS
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 167 | 100 % | |
| NO0012939778 | 3,800,285 | 4.65 % | |
| NO0012861667 | 2,988,661 | 4.3 % | |
| NO0012595950 | 857,372 | 0.39 % | |
| NO0010215684 | 1,060,000 | 0.39 % | |
| NO0010732266 | 100,000 | 0.06 % | |
| NO0006001502 | 12,000 | 0.03 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 0Operating profit 2023: NOK -2,281,080Employees: 0
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 0 | 0 | 0 |
Annual Total Result | 30,699,666 | 48,461,338 | 84,248,211 |
Total assets | 245,084,193 | 216,574,635 | 181,726,200 |
Total liabilities | 57,558,189 | 59,618,413 | 69,953,817 |
Total equity | 187,526,004 | 156,956,221 | 111,772,383 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 0 | 0 | 0 |
Total operating costs | 2,281,080 | 3,219,235 | 3,956,448 |
Operating result | -2,281,080 | -3,219,235 | -3,956,448 |
Financial income/costs | 37,828,197 | 56,766,313 | 99,108,040 |
Profit before tax | 35,547,116 | 53,547,077 | 95,151,592 |
Total tax & extraordinary income/cost | 4,847,450 | 5,085,739 | 10,903,381 |
Annual Total Result | 30,699,666 | 48,461,338 | 84,248,211 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 10,378,495 | 10,593,527 | 10,356,250 |
Total current assets | 234,705,698 | 205,981,108 | 171,369,950 |
Total assets | 245,084,193 | 216,574,635 | 181,726,200 |
Short term debt | 33,032,273 | 20,593,413 | 29,013,135 |
Long term debt | 24,525,916 | 39,025,000 | 40,940,682 |
Total liabilities | 57,558,189 | 59,618,413 | 69,953,817 |
Contributed capital | 30,000 | 30,000 | 30,000 |
Retained earnings | 187,496,004 | 156,926,221 | 111,742,383 |
Total equity | 187,526,004 | 156,956,221 | 111,772,383 |
Total equity and liabilities | 245,084,193 | 216,574,635 | 181,726,200 |
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