TANGVALL ELEKTRO AS

4640 SØGNE

Finances

Share Ownership

Return on Equity

−110,96 %

Current Ratio

2,35

Debt-to-Equity Ratio

1,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 859 000	18 392 000	18 678 000	18 746 000
Net Income	−1 063 000	599 000	707 000	−191 000
Total Assets	4 383 000	4 995 000	5 547 000	5 153 000
Total Equity	958 000	2 021 000	1 422 000	715 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 859 000	18 392 000	18 678 000	18 746 000
Expenditure	16 831 000	17 646 000	17 742 000	18 763 000
Operating Profit	−972 000	748 000	936 000	−18 000
Financial Income	0	45 000	0	5 000
Financial Costs	91 000	99 000	140 000	178 000
Financial Balance	−91 000	−54 000	−140 000	−173 000
Earnings Before Tax	−1 063 000	693 000	796 000	−191 000
Tax	0	94 000	89 000	0
Net Income	−1 063 000	599 000	707 000	−191 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	494 000	498 000	590 000	763 000
Total Current Assets	3 889 000	4 497 000	4 957 000	4 389 000
Total Assets	4 383 000	4 995 000	5 547 000	5 153 000
Total Retained Equity	−233 000	830 000	231 000	−476 000
Total Equity	958 000	2 021 000	1 422 000	715 000
Total Long-Term Debt	1 766 000	1 686 000	2 386 000	3 144 000
Total Current Debt	1 658 000	1 288 000	1 738 000	1 293 000
Total Equity and Debt	4 383 000	4 995 000	5 547 000	5 153 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 768 000	18 314 000	18 483 000	18 595 000
Other Income	91 000	78 000	194 000	150 000
Revenue	15 859 000	18 392 000	18 678 000	18 746 000
Cost of Goods Sold	11 636 000	12 698 000	13 094 000	14 001 000
Salary Costs	3 067 000	3 119 000	2 771 000	3 031 000
Depreciation	4 000	92 000	152 000	205 000
Impairment	0	0	0	0
Expenditure	16 831 000	17 646 000	17 742 000	18 763 000
Operating Profit	−972 000	748 000	936 000	−18 000
Financial Income	0	45 000	0	5 000
Financial Costs	91 000	99 000	140 000	178 000
Financial Balance	−91 000	−54 000	−140 000	−173 000
Dividends	0	0	0	0
Net Income	−1 063 000	599 000	707 000	−191 000

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	11 000	15 000	107 000	280 000
Total Tangible Assets	11 000	15 000	107 000	280 000
Total Fiancial Fixed Assets	483 000	483 000	483 000	483 000
Total Fixed Assets	494 000	498 000	590 000	763 000
Stock	3 085 000	3 283 000	3 310 000	2 600 000
Total Investments	0	0	0	0
Cash, Bank	350 000	839 000	1 177 000	1 118 000
Total Current Assets	3 889 000	4 497 000	4 957 000	4 389 000
Total Assets	4 383 000	4 995 000	5 547 000	5 153 000
Total Equity	958 000	2 021 000	1 422 000	715 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 766 000	1 686 000	2 386 000	3 144 000
Creditors	846 000	522 000	818 000	476 000
Unpaid Taxes	279 000	333 000	422 000	437 000
Dividends	0	0	0	0
Other Current Debt	533 000	339 000	409 000	380 000
Total Current Debt	1 658 000	1 288 000	1 738 000	1 293 000
Total Equity and Debt	4 383 000	4 995 000	5 547 000	5 153 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−110,96 %	29,64 %	49,72 %	−26,71 %
Debt-to-Equity Ratio	1,84	0,83	1,68	4,4
Operating Profit Margin	−6,13 %	4,07 %	5,01 %	−0,1 %
Current Ratio	2,35	3,49	2,85	3,39
Quick Ratio	−2,73	−2,25	−3,15	−3,36
Equity Ratio	0,22	0,4	0,26	0,14
Gross Profit Margin	26,63 %	30,96 %	29,9 %	25,31 %