TANGEN & CO AS

1545 HVITSTEN

Finances

Share Ownership

Return on Equity

140,63 %

Current Ratio

0,28

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 060 000	3 420 000	3 446 000	4 399 000
Net Income	−180 000	−11 000	33 000	764 000
Total Assets	1 038 000	1 230 000	922 000	1 496 000
Total Equity	−128 000	52 000	63 000	180 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 060 000	3 420 000	3 446 000	4 399 000
Expenditure	4 225 000	3 363 000	3 392 000	3 468 000
Operating Profit	−166 000	57 000	54 000	932 000
Financial Income	2 000	−31 000	0	0
Financial Costs	17 000	28 000	13 000	27 000
Financial Balance	−15 000	−59 000	−13 000	−27 000
Earnings Before Tax	−180 000	−2 000	42 000	905 000
Tax	0	9 000	9 000	141 000
Net Income	−180 000	−11 000	33 000	764 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	705 000	687 000	598 000	420 000
Total Current Assets	332 000	543 000	325 000	1 076 000
Total Assets	1 038 000	1 230 000	922 000	1 496 000
Total Retained Equity	−158 000	22 000	33 000	150 000
Total Equity	−128 000	52 000	63 000	180 000
Total Long-Term Debt	0	0	42 000	0
Total Current Debt	1 166 000	1 178 000	818 000	1 316 000
Total Equity and Debt	1 038 000	1 230 000	922 000	1 496 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 060 000	3 420 000	3 446 000	4 397 000
Other Income	0	0	0	3 000
Revenue	4 060 000	3 420 000	3 446 000	4 399 000
Cost of Goods Sold	1 511 000	922 000	1 395 000	1 468 000
Salary Costs	1 809 000	1 670 000	1 253 000	1 168 000
Depreciation	35 000	31 000	31 000	40 000
Impairment	0	10 000	0	0
Expenditure	4 225 000	3 363 000	3 392 000	3 468 000
Operating Profit	−166 000	57 000	54 000	932 000
Financial Income	2 000	−31 000	0	0
Financial Costs	17 000	28 000	13 000	27 000
Financial Balance	−15 000	−59 000	−13 000	−27 000
Dividends	0	0	150 000	0
Net Income	−180 000	−11 000	33 000	764 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	80 000
Fixtures	365 000	348 000	389 000	341 000
Total Tangible Assets	365 000	348 000	389 000	420 000
Total Fiancial Fixed Assets	341 000	338 000	209 000	0
Total Fixed Assets	705 000	687 000	598 000	420 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	131 000	36 000	15 000	423 000
Total Current Assets	332 000	543 000	325 000	1 076 000
Total Assets	1 038 000	1 230 000	922 000	1 496 000
Total Equity	−128 000	52 000	63 000	180 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	42 000	0
Creditors	899 000	782 000	569 000	776 000
Unpaid Taxes	108 000	146 000	144 000	161 000
Dividends	0	0	150 000	0
Other Current Debt	159 000	241 000	96 000	238 000
Total Current Debt	1 166 000	1 178 000	818 000	1 316 000
Total Equity and Debt	1 038 000	1 230 000	922 000	1 496 000

Financial indicators	2022	2021	2020	2019
Return on Equity	140,63 %	−21,15 %	52,38 %	424,44 %
Debt-to-Equity Ratio	−0	0	0,67	0
Operating Profit Margin	−4,09 %	1,67 %	1,57 %	21,19 %
Current Ratio	0,28	0,46	0,4	0,82
Quick Ratio	0,28	0,46	0,4	0,82
Equity Ratio	−0,12	0,04	0,07	0,12
Gross Profit Margin	62,78 %	73,04 %	59,52 %	66,63 %