TANGEN INNOVATION AS

7502 STJØRDAL

Finances

Return on Equity

15,18 %

Current Ratio

1,33

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	759 000	20 000	−114 000	115 000
Total Assets	9 132 000	8 468 000	8 512 000	8 770 000
Total Equity	5 001 000	4 905 000	4 885 000	4 999 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	77 000	68 000	35 000	50 000
Operating Profit	−77 000	−68 000	−35 000	−50 000
Financial Income	1 183 000	234 000	87 000	362 000
Financial Costs	159 000	146 000	169 000	166 000
Financial Balance	1 024 000	88 000	−82 000	196 000
Earnings Before Tax	946 000	20 000	−116 000	146 000
Tax	187 000	0	−2 000	30 000
Net Income	759 000	20 000	−114 000	115 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	7 984 000	8 254 000	8 496 000	8 485 000
Total Current Assets	1 148 000	214 000	16 000	285 000
Total Assets	9 132 000	8 468 000	8 512 000	8 770 000
Total Retained Equity	12 000	−83 000	−103 000	10 000
Total Equity	5 001 000	4 905 000	4 885 000	4 999 000
Total Long-Term Debt	3 267 000	3 514 000	3 608 000	2 600 000
Total Current Debt	865 000	49 000	19 000	1 171 000
Total Equity and Debt	9 132 000	8 468 000	8 512 000	8 770 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	77 000	68 000	35 000	50 000
Operating Profit	−77 000	−68 000	−35 000	−50 000
Financial Income	1 183 000	234 000	87 000	362 000
Financial Costs	159 000	146 000	169 000	166 000
Financial Balance	1 024 000	88 000	−82 000	196 000
Dividends	0	0	0	0
Net Income	759 000	20 000	−114 000	115 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	7 984 000	8 254 000	8 496 000	8 485 000
Total Fixed Assets	7 984 000	8 254 000	8 496 000	8 485 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	31 000	0	0
Total Current Assets	1 148 000	214 000	16 000	285 000
Total Assets	9 132 000	8 468 000	8 512 000	8 770 000
Total Equity	5 001 000	4 905 000	4 885 000	4 999 000
Short-Term Group Debt	842 000	2 000	2 000	130 000
Total Long-Term Debt	3 267 000	3 514 000	3 608 000	2 600 000
Creditors	0	25 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	22 000	22 000	21 000	21 000
Total Current Debt	865 000	49 000	19 000	1 171 000
Total Equity and Debt	9 132 000	8 468 000	8 512 000	8 770 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,18 %	0,41 %	−2,33 %	2,3 %
Debt-to-Equity Ratio	0,65	0,72	0,74	0,52
Operating Profit Margin	-	-	-	-
Current Ratio	1,33	4,37	0,84	0,24
Quick Ratio	1,33	4,37	0,84	0,24
Equity Ratio	0,55	0,58	0,57	0,57
Gross Profit Margin	-	-	-	-