TANANGER OFFSHORE AS

4048 HAFRSFJORD

Finances

Return on Equity

−9,12 %

Current Ratio

4,01

Debt-to-Equity Ratio

0,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 741 000	34 831 000	38 107 000	33 602 000
Net Income	−1 246 000	3 179 000	3 565 000	3 046 000
Total Assets	26 067 000	42 169 000	36 839 000	44 921 000
Total Equity	13 661 000	14 907 000	11 728 000	8 163 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 741 000	34 831 000	38 107 000	33 602 000
Expenditure	24 041 000	30 885 000	33 291 000	27 613 000
Operating Profit	699 000	3 945 000	4 815 000	5 989 000
Financial Income	179 000	2 198 000	5 122 000	1 107 000
Financial Costs	2 475 000	2 041 000	5 367 000	3 173 000
Financial Balance	−2 296 000	157 000	−245 000	−2 066 000
Earnings Before Tax	−1 597 000	4 102 000	4 570 000	3 922 000
Tax	−351 000	923 000	1 005 000	877 000
Net Income	−1 246 000	3 179 000	3 565 000	3 046 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	17 668 000	32 811 000	30 560 000	34 130 000
Total Current Assets	8 399 000	9 358 000	6 279 000	10 791 000
Total Assets	26 067 000	42 169 000	36 839 000	44 921 000
Total Retained Equity	8 117 000	9 362 000	6 184 000	2 619 000
Total Equity	13 661 000	14 907 000	11 728 000	8 163 000
Total Long-Term Debt	10 312 000	21 297 000	22 761 000	32 581 000
Total Current Debt	2 093 000	5 965 000	2 351 000	4 176 000
Total Equity and Debt	26 067 000	42 169 000	36 839 000	44 921 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 078 000	34 831 000	38 107 000	33 602 000
Other Income	13 662 000	0	0	0
Revenue	24 741 000	34 831 000	38 107 000	33 602 000
Cost of Goods Sold	0	974 000	0	0
Salary Costs	14 126 000	15 889 000	16 192 000	13 157 000
Depreciation	3 422 000	2 711 000	2 679 000	2 709 000
Impairment	0	0	0	0
Expenditure	24 041 000	30 885 000	33 291 000	27 613 000
Operating Profit	699 000	3 945 000	4 815 000	5 989 000
Financial Income	179 000	2 198 000	5 122 000	1 107 000
Financial Costs	2 475 000	2 041 000	5 367 000	3 173 000
Financial Balance	−2 296 000	157 000	−245 000	−2 066 000
Dividends	0	0	0	0
Net Income	−1 246 000	3 179 000	3 565 000	3 046 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	518 000	167 000	1 090 000	2 096 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	71 000	76 000	0	0
Fixtures	3 724 000	5 035 000	666 000	865 000
Total Tangible Assets	17 150 000	32 643 000	29 470 000	32 034 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	17 668 000	32 811 000	30 560 000	34 130 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 163 000	4 873 000	1 626 000	800 000
Total Current Assets	8 399 000	9 358 000	6 279 000	10 791 000
Total Assets	26 067 000	42 169 000	36 839 000	44 921 000
Total Equity	13 661 000	14 907 000	11 728 000	8 163 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	10 312 000	21 297 000	22 761 000	32 581 000
Creditors	1 190 000	1 215 000	934 000	2 361 000
Unpaid Taxes	373 000	1 093 000	993 000	1 318 000
Dividends	0	0	0	0
Other Current Debt	530 000	3 657 000	423 000	497 000
Total Current Debt	2 093 000	5 965 000	2 351 000	4 176 000
Total Equity and Debt	26 067 000	42 169 000	36 839 000	44 921 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,12 %	21,33 %	30,4 %	37,31 %
Debt-to-Equity Ratio	0,75	1,43	1,94	3,99
Operating Profit Margin	2,83 %	11,33 %	12,64 %	17,82 %
Current Ratio	4,01	1,57	2,67	2,58
Quick Ratio	4,01	1,57	2,67	2,58
Equity Ratio	0,52	0,35	0,32	0,18
Gross Profit Margin	100 %	97,2 %	100 %	100 %