KRONOS TITAN AS • 948616491 • Gamle fredrikstad • Manufacture of chemicals and chemical products

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Industry and manufacturing

/ Process industry

KRONOS TITAN AS

Keywords

productiondyespigmentsfluorescentbleaching agentsluminophores

Organization

CEO: JK
Jan Klauset1969
Chairman of the board: UF
Ulrich Fritz Kabelac1963
Years since formation: 29 years; since Mar 12, 1995
Type: Limited company
VAT registered: Yes
Number of employees: 170

Ownership

Number of shares and share classes: 50,000; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 1,186,186,796; NOK
Annual total result 2023: -838,485; NOK
Total equity 2023: 367,203,172; NOK

Last update: Nov 21, 2024

Management

Management / administration

Name	Role	Shares
JK Jan Klauset 1969	Managing Director/CEO	-

Board

Name	Role	Shares
UF Ulrich Fritz Kabelac 1963	Chairman	-
TR Terje Robert Karlsen 1963	Deputy Chair	-
OW Ola Wattne 1943	Board Member	-
PØ Per Øistein Kivijärvi 1973	Board Member	-
SE Sigurd Edvin Olsen 1955	Board Member	-
JK Jan Klauset 1969	Board Member	-
BO Bjørn Olav Karlsen 1971	Alternate Member	-
DG Dirk Gilbert R Verbouw 1963	Alternate Member	-
TS Tom Steinar Engler 1969	Alternate Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-
A AZETS INSIGHT AS	Accountant	-

Last update: Nov 1, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
K KRONOS NORGE AS	Ordinary shares	50,000	100 %

Last update: May 24, 2024

Group structure

KRONOS NORGE AS
Total operating income 2023: NOK 4,380,648
Operating profit 2023: NOK 2,576,432
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	1,186,186,796	1,423,183,968	1,300,608,753
Annual Total Result	-838,485	-49,587,985	13,610,664
Total assets	701,914,166	890,316,873	692,777,473
Total liabilities	334,710,994	536,669,552	317,341,149
Total equity	367,203,172	353,647,321	375,436,324

P&L

Year	2023	2022	2021
Total operating income	1,186,186,796	1,423,183,968	1,300,608,753
Total operating costs	1,185,391,969	1,493,852,574	1,278,522,461
Operating result	794,827	-70,668,606	22,086,292
Financial income/costs	-1,838,644	7,129,976	-4,623,213
Profit before tax	-1,043,816	-63,538,630	17,463,079
Total tax & extraordinary income/cost	-205,331	-13,950,645	3,852,415
Annual Total Result	-838,485	-49,587,985	13,610,664

Balance overview

Year	2023	2022	2021
Total fixed assets	248,603,022	245,273,294	232,695,855
Total current assets	453,311,144	645,043,579	460,081,618
Total assets	701,914,166	890,316,873	692,777,473
Short term debt	327,004,459	532,454,680	306,944,517
Long term debt	7,706,534	4,214,872	10,396,632
Total liabilities	334,710,994	536,669,552	317,341,149
Contributed capital	288,234,378	268,734,378	236,754,378
Retained earnings	78,968,794	84,912,943	138,681,946
Total equity	367,203,172	353,647,321	375,436,324
Total equity and liabilities	701,914,166	890,316,873	692,777,473

Classification

Category

Industry and manufacturing

/ Process industry

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

C

Main industrial area

Manufacturing

20

Activity

Manufacture of chemicals and chemical products

20.1

Main industrial group

Manufacture of basic chemicals, fertilisers and nitrogen compounds, plastics and synthetic rubber in primary forms

20.12

Industrial group

Manufacture of dyes and pigments

20.120

Industrial group

Manufacture of dyes and pigments