TANGO SEAWEED AS

6082 GURSKEN

Finances

Return on Equity

−104,89 %

Current Ratio

3,51

Debt-to-Equity Ratio

0,84

Key figures (NOK)	2022	2021	2020	2019
Revenue	743 000	1 396 000	326 000	1 318 000
Net Income	−3 110 000	−2 000 000	−1 910 000	−1 530 000
Total Assets	6 135 000	5 825 000	4 844 000	3 307 000
Total Equity	2 965 000	2 437 000	1 816 000	401 000

Income (NOK)	2022	2021	2020	2019
Revenue	743 000	1 396 000	326 000	1 318 000
Expenditure	4 046 000	3 100 000	2 590 000	2 850 000
Operating Profit	−2 856 000	−1 934 000	−1 868 000	−1 532 000
Financial Income	10 000	1 000	6 000	2 000
Financial Costs	105 000	67 000	48 000	0
Financial Balance	−95 000	−66 000	−42 000	2 000
Earnings Before Tax	−2 950 000	−2 000 000	−1 910 000	−1 530 000
Tax	160 000	0	0	0
Net Income	−3 110 000	−2 000 000	−1 910 000	−1 530 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 748 000	3 355 000	2 162 000	1 564 000
Total Current Assets	2 387 000	2 470 000	2 682 000	1 743 000
Total Assets	6 135 000	5 825 000	4 844 000	3 307 000
Total Retained Equity	−11 254 000	−8 144 000	−6 144 000	−4 233 000
Total Equity	2 965 000	2 437 000	1 816 000	401 000
Total Long-Term Debt	2 490 000	2 359 000	2 553 000	2 600 000
Total Current Debt	680 000	1 029 000	475 000	306 000
Total Equity and Debt	6 135 000	5 825 000	4 844 000	3 307 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	714 000	1 373 000	317 000	727 000
Other Income	29 000	23 000	8 000	591 000
Revenue	743 000	1 396 000	326 000	1 318 000
Cost of Goods Sold	146 000	117 000	195 000	274 000
Salary Costs	1 460 000	1 307 000	1 519 000	1 437 000
Depreciation	558 000	455 000	317 000	223 000
Impairment	0	0	0	0
Expenditure	4 046 000	3 100 000	2 590 000	2 850 000
Operating Profit	−2 856 000	−1 934 000	−1 868 000	−1 532 000
Financial Income	10 000	1 000	6 000	2 000
Financial Costs	105 000	67 000	48 000	0
Financial Balance	−95 000	−66 000	−42 000	2 000
Dividends	0	0	0	0
Net Income	−3 110 000	−2 000 000	−1 910 000	−1 530 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 963 000	1 364 000	807 000	0
Real Eastate	981 000	902 000	0	0
Machinery and Plant Facilities	748 000	1 003 000	1 258 000	1 495 000
Fixtures	26 000	56 000	67 000	69 000
Total Tangible Assets	1 755 000	1 961 000	1 324 000	1 564 000
Total Fiancial Fixed Assets	30 000	30 000	30 000	0
Total Fixed Assets	3 748 000	3 355 000	2 162 000	1 564 000
Stock	825 000	378 000	608 000	236 000
Total Investments	10 000	10 000	0	0
Cash, Bank	1 405 000	1 667 000	1 509 000	1 021 000
Total Current Assets	2 387 000	2 470 000	2 682 000	1 743 000
Total Assets	6 135 000	5 825 000	4 844 000	3 307 000
Total Equity	2 965 000	2 437 000	1 816 000	401 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 490 000	2 359 000	2 553 000	2 600 000
Creditors	209 000	132 000	80 000	80 000
Unpaid Taxes	106 000	150 000	225 000	87 000
Dividends	0	0	0	0
Other Current Debt	365 000	747 000	170 000	140 000
Total Current Debt	680 000	1 029 000	475 000	306 000
Total Equity and Debt	6 135 000	5 825 000	4 844 000	3 307 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−104,89 %	−82,07 %	−105,18 %	−381,55 %
Debt-to-Equity Ratio	0,84	0,97	1,41	6,48
Operating Profit Margin	−384,39 %	−138,54 %	−573,01 %	−116,24 %
Current Ratio	3,51	2,4	5,65	5,7
Quick Ratio	−16,46	3,79	−20,17	24,9
Equity Ratio	0,48	0,42	0,37	0,12
Gross Profit Margin	80,35 %	91,62 %	40,18 %	79,21 %