BRØDRENE TANGEN AS

3270 LARVIK

Finances

Share Ownership

Return on Equity

89,74 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	155 000	167 000	92 000	158 000
Net Income	35 000	35 000	−32 000	38 000
Total Assets	60 000	48 000	44 000	85 000
Total Equity	39 000	4 000	−31 000	1 000

Income (NOK)	2022	2021	2020	2019
Revenue	155 000	167 000	92 000	158 000
Expenditure	121 000	131 000	125 000	119 000
Operating Profit	34 000	36 000	−32 000	38 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	34 000	36 000	−32 000	38 000
Tax	−1 000	1 000	0	0
Net Income	35 000	35 000	−32 000	38 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	60 000	31 000	39 000	49 000
Total Current Assets	0	17 000	5 000	36 000
Total Assets	60 000	48 000	44 000	85 000
Total Retained Equity	15 000	−19 000	−54 000	−22 000
Total Equity	39 000	4 000	−31 000	1 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	22 000	44 000	75 000	84 000
Total Equity and Debt	60 000	48 000	44 000	85 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	137 000	154 000	79 000	149 000
Other Income	18 000	13 000	14 000	8 000
Revenue	155 000	167 000	92 000	158 000
Cost of Goods Sold	56 000	73 000	42 000	79 000
Salary Costs	0	0	0	0
Depreciation	3 000	0	10 000	12 000
Impairment	0	8 000	0	0
Expenditure	121 000	131 000	125 000	119 000
Operating Profit	34 000	36 000	−32 000	38 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	35 000	35 000	−32 000	38 000

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	31 000	31 000	39 000	48 000
Fixtures	29 000	0	0	0
Total Tangible Assets	60 000	31 000	39 000	48 000
Total Fiancial Fixed Assets	0	0	1 000	1 000
Total Fixed Assets	60 000	31 000	39 000	49 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	17 000	0	34 000
Total Current Assets	0	17 000	5 000	36 000
Total Assets	60 000	48 000	44 000	85 000
Total Equity	39 000	4 000	−31 000	1 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	11 000	0	17 000
Dividends	0	0	0	0
Other Current Debt	21 000	32 000	75 000	66 000
Total Current Debt	22 000	44 000	75 000	84 000
Total Equity and Debt	60 000	48 000	44 000	85 000

Financial indicators	2022	2021	2020	2019
Return on Equity	89,74 %	875 %	103,23 %	3 800 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	21,94 %	21,56 %	−34,78 %	24,05 %
Current Ratio	0	0,39	0,07	0,43
Quick Ratio	0	0,39	0,07	0,43
Equity Ratio	0,65	0,08	−0,7	0,01
Gross Profit Margin	63,87 %	56,29 %	54,35 %	50 %