TANGELO AS

0370 OSLO

Finances

Return on Equity

109,09 %

Current Ratio

1,55

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 419 000	15 356 000	11 330 000	2 622 000
Net Income	3 349 000	2 076 000	1 028 000	19 000
Total Assets	7 281 000	6 143 000	3 286 000	825 000
Total Equity	3 070 000	2 064 000	1 290 000	263 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 419 000	15 356 000	11 330 000	2 622 000
Expenditure	12 660 000	12 693 000	10 099 000	2 606 000
Operating Profit	2 759 000	2 663 000	1 231 000	17 000
Financial Income	1 205 000	1 000	3 000	2 000
Financial Costs	1 000	3 000	4 000	0
Financial Balance	1 204 000	−2 000	−1 000	2 000
Earnings Before Tax	3 963 000	2 662 000	1 230 000	19 000
Tax	614 000	586 000	202 000	0
Net Income	3 349 000	2 076 000	1 028 000	19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	804 000	818 000	89 000	148 000
Total Current Assets	6 477 000	5 325 000	3 197 000	678 000
Total Assets	7 281 000	6 143 000	3 286 000	825 000
Total Retained Equity	2 970 000	1 964 000	1 190 000	163 000
Total Equity	3 070 000	2 064 000	1 290 000	263 000
Total Long-Term Debt	28 000	40 000	0	0
Total Current Debt	4 183 000	4 039 000	1 995 000	562 000
Total Equity and Debt	7 281 000	6 143 000	3 286 000	825 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 419 000	15 356 000	11 329 000	2 622 000
Other Income	1 000	0	1 000	0
Revenue	15 419 000	15 356 000	11 330 000	2 622 000
Cost of Goods Sold	4 583 000	6 720 000	6 153 000	692 000
Salary Costs	6 509 000	4 792 000	3 134 000	1 564 000
Depreciation	301 000	50 000	24 000	66 000
Impairment	0	0	0	0
Expenditure	12 660 000	12 693 000	10 099 000	2 606 000
Operating Profit	2 759 000	2 663 000	1 231 000	17 000
Financial Income	1 205 000	1 000	3 000	2 000
Financial Costs	1 000	3 000	4 000	0
Financial Balance	1 204 000	−2 000	−1 000	2 000
Dividends	0	0	0	200 000
Net Income	3 349 000	2 076 000	1 028 000	19 000

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	0
Fixtures	704 000	718 000	89 000	113 000
Total Tangible Assets	704 000	718 000	89 000	113 000
Total Fiancial Fixed Assets	100 000	100 000	0	35 000
Total Fixed Assets	804 000	818 000	89 000	148 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 736 000	3 808 000	2 047 000	368 000
Total Current Assets	6 477 000	5 325 000	3 197 000	678 000
Total Assets	7 281 000	6 143 000	3 286 000	825 000
Total Equity	3 070 000	2 064 000	1 290 000	263 000
Short-Term Group Debt	1 852 000	917 000	127 000	23 000
Total Long-Term Debt	28 000	40 000	0	0
Creditors	439 000	1 582 000	881 000	39 000
Unpaid Taxes	852 000	521 000	342 000	79 000
Dividends	0	0	0	200 000
Other Current Debt	624 000	671 000	443 000	221 000
Total Current Debt	4 183 000	4 039 000	1 995 000	562 000
Total Equity and Debt	7 281 000	6 143 000	3 286 000	825 000

Financial indicators	2022	2021	2020	2019
Return on Equity	109,09 %	100,58 %	79,69 %	7,22 %
Debt-to-Equity Ratio	0,01	0,02	0	0
Operating Profit Margin	17,89 %	17,34 %	10,86 %	0,65 %
Current Ratio	1,55	1,32	1,6	1,21
Quick Ratio	1,55	1,32	1,6	1,21
Equity Ratio	0,42	0,34	0,39	0,32
Gross Profit Margin	70,28 %	56,24 %	45,69 %	73,61 %