TANGEN 11 AS

1178 OSLO

Finances

Share Ownership

Return on Equity

216,29 %

Current Ratio

15,16

Debt-to-Equity Ratio

−35,58

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 934 000	1 522 000	758 000	3 636 000
Net Income	−863 000	−245 000	−858 000	2 159 000
Total Assets	13 881 000	12 994 000	14 164 000	17 588 000
Total Equity	−399 000	464 000	709 000	1 567 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 934 000	1 522 000	758 000	3 636 000
Expenditure	825 000	1 189 000	1 378 000	225 000
Operating Profit	1 109 000	332 000	−620 000	3 411 000
Financial Income	0	0	37 000	0
Financial Costs	1 307 000	646 000	518 000	643 000
Financial Balance	−1 307 000	−646 000	−481 000	−643 000
Earnings Before Tax	−198 000	−314 000	−1 100 000	2 768 000
Tax	665 000	−69 000	−242 000	609 000
Net Income	−863 000	−245 000	−858 000	2 159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	12 623 000	12 902 000	13 202 000	13 503 000
Total Current Assets	1 258 000	92 000	962 000	4 085 000
Total Assets	13 881 000	12 994 000	14 164 000	17 588 000
Total Retained Equity	−499 000	364 000	609 000	1 467 000
Total Equity	−399 000	464 000	709 000	1 567 000
Total Long-Term Debt	14 197 000	12 273 000	13 362 000	15 924 000
Total Current Debt	83 000	257 000	93 000	96 000
Total Equity and Debt	13 881 000	12 994 000	14 164 000	17 588 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 934 000	1 522 000	758 000	3 640 000
Other Income	0	0	0	−3 000
Revenue	1 934 000	1 522 000	758 000	3 636 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	302 000	300 000	300 000	300 000
Impairment	0	0	0	0
Expenditure	825 000	1 189 000	1 378 000	225 000
Operating Profit	1 109 000	332 000	−620 000	3 411 000
Financial Income	0	0	37 000	0
Financial Costs	1 307 000	646 000	518 000	643 000
Financial Balance	−1 307 000	−646 000	−481 000	−643 000
Dividends	0	0	0	0
Net Income	−863 000	−245 000	−858 000	2 159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	12 623 000	12 902 000	13 202 000	13 503 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	12 623 000	12 902 000	13 202 000	13 503 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	12 623 000	12 902 000	13 202 000	13 503 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	76 000	9 000	943 000	1 730 000
Total Current Assets	1 258 000	92 000	962 000	4 085 000
Total Assets	13 881 000	12 994 000	14 164 000	17 588 000
Total Equity	−399 000	464 000	709 000	1 567 000
Short-Term Group Debt	0	90 000	90 000	0
Total Long-Term Debt	14 197 000	12 273 000	13 362 000	15 924 000
Creditors	31 000	109 000	3 000	96 000
Unpaid Taxes	52 000	58 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	83 000	257 000	93 000	96 000
Total Equity and Debt	13 881 000	12 994 000	14 164 000	17 588 000

Financial indicators	2022	2021	2020	2019
Return on Equity	216,29 %	−52,8 %	−121,02 %	137,78 %
Debt-to-Equity Ratio	−35,58	26,45	18,85	10,16
Operating Profit Margin	57,34 %	21,81 %	−81,79 %	93,81 %
Current Ratio	15,16	0,36	10,34	42,55
Quick Ratio	15,16	0,36	10,34	42,55
Equity Ratio	−0,03	0,04	0,05	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %