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TGS TITANS AS

998167000AksjeselskapMVA
Municipality
OSLO
Founded
22.03.2012
Roles
4
Company details
Business address
Lilleakerveien 4C, 0283 OSLO
Municipality
Oslo
Phone
67 52 64 00
Sector
Private aksjeselskaper mv.
Share capital
690 050 000 kr(13 801 shares)
Registered
26.03.2012
Purpose
Eierskap og drift av skip med tilhørende aktiviteter, samt hva hermed står i forbindelse, herunder deltagelse i andre virksomheter med tilsvarende formål.
Board and management

Styre og ledelse

Paul Matthew Courtenay
Daglig leder
Katrine Haakenstad Salveson
Styremedlem
Amund Søia
Styremedlem
Sven Børre Larsen
Styrets leder

Revisor

KPMG AS

Is revisor for 6 885 companies

Revisor

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Financials2024
Revenue
899.0 mill
Operating result
603.0 mill
Net result
278.0 mill
Assets
3.8 mrd
Equity
1.9 mrd
Debt
2.0 mrd
Financial health check
Equity ratio
Very good
Current ratio
Weak
Profitability
Satisfactory
Income statement and balance sheet
2024
Income statement
Revenue899.0 mill
Operating costs296.0 mill
= Operating result603.0 mill
Net finance-325.0 mill
= Net result278.0 mill
Balance sheet
Fixed assets3.7 mrd
Current assets165.0 mill
= Total assets3.8 mrd
Equity1.9 mrd
Long-term debt996.0 mill
Short-term debt966.0 mill
= Total debt2.0 mrd

Source: Brønnøysund Register Centre

Key Ratios
2024Industry (median)
Operating margin
67.1%9.2%
Net margin
30.9%—
Return on assets
7.3%9.1%
Return on equity
14.9%—
Equity ratio
48.7%49.1%
Current ratio
0.171.82
Debt-to-equity
1.050.70

Based on 180 companies

Source: Brønnøysund Register Centre. Ratios are calculated using universal formulas.

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