TITANIA AS
Keywords
miningprocessingorealuminiumcopperleadzincmanganesechromiumnickelcobaltmolybdenumtantalumvanadiumgoldsilver and platinum
Organization
- CEO
- DA
Dag Arve Larsen1961
- Chairman of the board
- UF
- Years since formation
- 30 years
- since Mar 12, 1995
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 250
Ownership
- Number of shares and share classes
- 3,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2023
- 1,618,389,046
- NOK
- Annual total result 2023
- 522,796,007
- NOK
- Total equity 2023
- 903,520,614
- NOK
Last update: Jan 15, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
DA 1961 | Managing Director/CEO | - |
Board
| Name | Role | Shares |
|---|---|---|
UF | Chairman | - |
TR | Deputy Chair | - |
KG | Board Member | - |
DA 1961 | Board Member | - |
DG | Alternate Member | - |
TA | Alternate Member | - |
GI 1961 | Alternate Member | - |
ML | Board Member | - |
RÅ 1975 | Alternate Member | - |
TS 1973 | Board Member | - |
MS | Board Member | - |
AA | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - | |
| Accountant | - |
Last update: Jan 15, 2025
Ownership
Company shareholders
| Name | Share class | Number of shares | Share |
|---|---|---|---|
| Ordinary shares | 3,000 | 100 % |
Last update: May 24, 2024
Group structure
- Total operating income 2023: NOK 4,380,648Operating profit 2023: NOK 2,576,432Employees: 0
Financials
in NOK
Summary
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 1,618,389,046 | 1,487,537,540 | 1,106,878,622 |
Annual Total Result | 522,796,007 | 445,700,489 | 311,865,230 |
Total assets | 2,543,668,375 | 2,039,037,961 | 1,452,169,674 |
Total liabilities | 1,640,147,761 | 1,181,730,479 | 553,080,336 |
Total equity | 903,520,614 | 857,307,482 | 899,089,338 |
P&L
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total operating income | 1,618,389,046 | 1,487,537,540 | 1,106,878,622 |
Total operating costs | 966,035,210 | 908,379,651 | 720,928,035 |
Operating result | 652,353,836 | 579,157,889 | 385,950,587 |
Financial income/costs | 17,436,411 | -3,147,148 | 14,939,704 |
Profit before tax | 669,790,248 | 576,010,741 | 400,890,291 |
Total tax & extraordinary income/cost | 146,994,241 | 130,310,252 | 89,025,061 |
Annual Total Result | 522,796,007 | 445,700,489 | 311,865,230 |
Balance overview
| Year | 2023 | 2022 | 2021 |
|---|---|---|---|
Total fixed assets | 634,661,350 | 603,501,439 | 566,804,724 |
Total current assets | 1,909,007,025 | 1,435,536,522 | 885,364,950 |
Total assets | 2,543,668,375 | 2,039,037,961 | 1,452,169,674 |
Short term debt | 1,583,702,789 | 1,115,193,016 | 478,105,654 |
Long term debt | 56,444,973 | 66,537,463 | 74,974,682 |
Total liabilities | 1,640,147,761 | 1,181,730,479 | 553,080,336 |
Contributed capital | 5,000,000 | 5,000,000 | 5,000,000 |
Retained earnings | 898,520,614 | 852,307,482 | 894,089,338 |
Total equity | 903,520,614 | 857,307,482 | 899,089,338 |
Total equity and liabilities | 2,543,668,375 | 2,039,037,961 | 1,452,169,674 |
Classification
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
B
Main industrial area
Mining and quarrying
07
Activity
Mining of metal ores
07.2
Main industrial group
Mining of non-ferrous metal ores
07.29
Industrial group
Mining of other non-ferrous metal ores
07.290
Industrial group
Mining of other non-ferrous metal ores