MEIERIGÅRDEN TANGEN AS

2337 TANGEN

Finances

Share Ownership

Return on Equity

12,33 %

Current Ratio

4,44

Debt-to-Equity Ratio

1,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	405 000	362 000	372 000	375 000
Net Income	64 000	2 000	90 000	74 000
Total Assets	1 245 000	1 228 000	1 271 000	1 249 000
Total Equity	519 000	455 000	453 000	363 000

Income (NOK)	2022	2021	2020	2019
Revenue	405 000	362 000	372 000	375 000
Expenditure	310 000	333 000	247 000	259 000
Operating Profit	95 000	29 000	126 000	116 000
Financial Income	5 000	4 000	4 000	4 000
Financial Costs	36 000	31 000	40 000	47 000
Financial Balance	−31 000	−27 000	−36 000	−43 000
Earnings Before Tax	64 000	2 000	90 000	74 000
Tax	0	0	0	0
Net Income	64 000	2 000	90 000	74 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	992 000	1 030 000	1 038 000	1 075 000
Total Current Assets	253 000	199 000	234 000	173 000
Total Assets	1 245 000	1 228 000	1 271 000	1 249 000
Total Retained Equity	−224 000	−288 000	−290 000	−380 000
Total Equity	519 000	455 000	453 000	363 000
Total Long-Term Debt	669 000	734 000	799 000	864 000
Total Current Debt	57 000	39 000	19 000	22 000
Total Equity and Debt	1 245 000	1 228 000	1 271 000	1 249 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	405 000	362 000	372 000	375 000
Revenue	405 000	362 000	372 000	375 000
Cost of Goods Sold	0	0	0	0
Salary Costs	41 000	54 000	51 000	25 000
Depreciation	38 000	38 000	38 000	38 000
Impairment	0	0	0	0
Expenditure	310 000	333 000	247 000	259 000
Operating Profit	95 000	29 000	126 000	116 000
Financial Income	5 000	4 000	4 000	4 000
Financial Costs	36 000	31 000	40 000	47 000
Financial Balance	−31 000	−27 000	−36 000	−43 000
Dividends	0	0	0	0
Net Income	64 000	2 000	90 000	74 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	992 000	1 030 000	1 038 000	1 075 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	992 000	1 030 000	1 038 000	1 075 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	992 000	1 030 000	1 038 000	1 075 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	249 000	184 000	234 000	175 000
Total Current Assets	253 000	199 000	234 000	173 000
Total Assets	1 245 000	1 228 000	1 271 000	1 249 000
Total Equity	519 000	455 000	453 000	363 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	669 000	734 000	799 000	864 000
Creditors	43 000	24 000	5 000	10 000
Unpaid Taxes	12 000	14 000	14 000	11 000
Dividends	0	0	0	0
Other Current Debt	1 000	1 000	1 000	1 000
Total Current Debt	57 000	39 000	19 000	22 000
Total Equity and Debt	1 245 000	1 228 000	1 271 000	1 249 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,33 %	0,44 %	19,87 %	20,39 %
Debt-to-Equity Ratio	1,29	1,61	1,76	2,38
Operating Profit Margin	23,46 %	8,01 %	33,87 %	30,93 %
Current Ratio	4,44	5,1	12,32	7,86
Quick Ratio	4,44	5,1	12,32	7,86
Equity Ratio	0,42	0,37	0,36	0,29
Gross Profit Margin	100 %	100 %	100 %	100 %