TITANBAR AS
Organization
- CEO
- LT
- Chairman of the board
- LT
- Years since formation
- 5 years
- since Aug 31, 2020
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 300
- 1 share class
- Total number of shareholders
- 2
- 1 company, 1 person
Financials
- Total operating income 2024
- 4,252,567
- NOK
- Annual total result 2024
- -707,205
- NOK
- Total equity 2024
- -830,079
- NOK
Last update: Jul 28, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
LT | Managing Director/CEO | 70 % directly |
Board
| Name | Role | Shares |
|---|---|---|
LT | Chairman | 70 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
LT | Managing Director/CEO, Chairman | 70 % directly |
ÅV | - | 30 % indirectly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
LT | Ordinary shares | 210 | 70 % |
| Ordinary shares | 90 | 30 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 4,252,567 | 2,043,121 | 2,230,345 |
Annual Total Result | -707,205 | -131,678 | 107,035 |
Total assets | 689,064 | 1,194,057 | 1,620,135 |
Total liabilities | 1,519,143 | 1,316,931 | 1,611,331 |
Total equity | -830,079 | -122,874 | 8,804 |
P&L
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total operating income | 4,252,567 | 2,043,121 | 2,230,345 |
Total operating costs | 4,944,239 | 2,163,201 | 2,017,812 |
Operating result | -691,672 | -120,080 | 212,533 |
Financial income/costs | -15,533 | -11,598 | -105,498 |
Profit before tax | -707,205 | -131,678 | 107,035 |
Total tax & extraordinary income/cost | 0 | 0 | 0 |
Annual Total Result | -707,205 | -131,678 | 107,035 |
Balance overview
| Year | 2024 | 2023 | 2022 |
|---|---|---|---|
Total fixed assets | 38,399 | 47,999 | 0 |
Total current assets | 650,665 | 1,146,058 | 1,620,135 |
Total assets | 689,064 | 1,194,057 | 1,620,135 |
Short term debt | 889,143 | 386,931 | 81,331 |
Long term debt | 630,000 | 930,000 | 1,530,000 |
Total liabilities | 1,519,143 | 1,316,931 | 1,611,331 |
Contributed capital | 88,000 | 88,000 | 88,000 |
Retained earnings | -918,079 | -210,874 | -79,196 |
Total equity | -830,079 | -122,874 | 8,804 |
Total equity and liabilities | 689,064 | 1,194,057 | 1,620,135 |
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