TANGERÅS VERKSTED & STØPERI AS

5636 VARALDSØY

Finances

Share Ownership

Return on Equity

6,57 %

Current Ratio

0,88

Debt-to-Equity Ratio

−1,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	822 000	656 000	182 000	796 000
Net Income	−18 000	−71 000	−165 000	−151 000
Total Assets	533 000	551 000	511 000	801 000
Total Equity	−274 000	−256 000	−185 000	−20 000

Income (NOK)	2022	2021	2020	2019
Revenue	822 000	656 000	182 000	796 000
Expenditure	839 000	728 000	346 000	946 000
Operating Profit	−18 000	−71 000	−165 000	−150 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Earnings Before Tax	−18 000	−71 000	−165 000	−151 000
Tax	0	0	0	0
Net Income	−18 000	−71 000	−165 000	−151 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	79 000	84 000	90 000	56 000
Total Current Assets	454 000	467 000	421 000	745 000
Total Assets	533 000	551 000	511 000	801 000
Total Retained Equity	−304 000	−286 000	−215 000	−50 000
Total Equity	−274 000	−256 000	−185 000	−20 000
Total Long-Term Debt	290 000	290 000	290 000	380 000
Total Current Debt	518 000	518 000	406 000	441 000
Total Equity and Debt	533 000	551 000	511 000	801 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	822 000	555 000	176 000	796 000
Other Income	0	100 000	6 000	0
Revenue	822 000	656 000	182 000	796 000
Cost of Goods Sold	28 000	45 000	1 000	56 000
Salary Costs	681 000	483 000	108 000	681 000
Depreciation	5 000	6 000	6 000	3 000
Impairment	0	0	0	0
Expenditure	839 000	728 000	346 000	946 000
Operating Profit	−18 000	−71 000	−165 000	−150 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	1 000
Financial Balance	0	0	0	−1 000
Dividends	0	0	0	0
Net Income	−18 000	−71 000	−165 000	−151 000

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	79 000	84 000	90 000	56 000
Total Tangible Assets	79 000	84 000	90 000	56 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	79 000	84 000	90 000	56 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	410 000	423 000	328 000	603 000
Total Current Assets	454 000	467 000	421 000	745 000
Total Assets	533 000	551 000	511 000	801 000
Total Equity	−274 000	−256 000	−185 000	−20 000
Short-Term Group Debt	6 000	6 000	5 000	5 000
Total Long-Term Debt	290 000	290 000	290 000	380 000
Creditors	6 000	6 000	9 000	18 000
Unpaid Taxes	28 000	28 000	12 000	76 000
Dividends	0	0	0	0
Other Current Debt	478 000	478 000	379 000	342 000
Total Current Debt	518 000	518 000	406 000	441 000
Total Equity and Debt	533 000	551 000	511 000	801 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,57 %	27,73 %	89,19 %	755 %
Debt-to-Equity Ratio	−1,06	−1,13	−1,57	−19
Operating Profit Margin	−2,19 %	−10,82 %	−90,66 %	−18,84 %
Current Ratio	0,88	0,9	1,04	1,69
Quick Ratio	0,88	0,9	1,04	1,69
Equity Ratio	−0,51	−0,46	−0,36	−0,02
Gross Profit Margin	96,59 %	93,14 %	99,45 %	92,96 %