TANGVALL NÆRING AS

3921 PORSGRUNN

Finances

Share Ownership

Return on Equity

69,53 %

Current Ratio

0,92

Debt-to-Equity Ratio

43,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 525 000	2 554 000	2 143 000	1 921 000
Net Income	340 000	549 000	424 000	325 000
Total Assets	22 160 000	21 859 000	21 634 000	18 942 000
Total Equity	489 000	149 000	100 000	54 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 525 000	2 554 000	2 143 000	1 921 000
Expenditure	1 201 000	1 236 000	892 000	869 000
Operating Profit	1 323 000	1 318 000	1 251 000	1 052 000
Financial Income	0	0	0	0
Financial Costs	887 000	614 000	707 000	636 000
Financial Balance	−887 000	−614 000	−707 000	−636 000
Earnings Before Tax	436 000	703 000	544 000	417 000
Tax	96 000	155 000	120 000	92 000
Net Income	340 000	549 000	424 000	325 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 793 000	21 451 000	21 537 000	18 713 000
Total Current Assets	367 000	407 000	97 000	229 000
Total Assets	22 160 000	21 859 000	21 634 000	18 942 000
Total Retained Equity	439 000	99 000	50 000	4 000
Total Equity	489 000	149 000	100 000	54 000
Total Long-Term Debt	21 272 000	20 843 000	20 528 000	18 024 000
Total Current Debt	400 000	867 000	1 005 000	864 000
Total Equity and Debt	22 160 000	21 859 000	21 634 000	18 942 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 525 000	2 554 000	2 143 000	1 921 000
Other Income	0	0	0	0
Revenue	2 525 000	2 554 000	2 143 000	1 921 000
Cost of Goods Sold	608 000	617 000	503 000	451 000
Salary Costs	0	0	0	13 000
Depreciation	156 000	122 000	105 000	87 000
Impairment	0	0	0	0
Expenditure	1 201 000	1 236 000	892 000	869 000
Operating Profit	1 323 000	1 318 000	1 251 000	1 052 000
Financial Income	0	0	0	0
Financial Costs	887 000	614 000	707 000	636 000
Financial Balance	−887 000	−614 000	−707 000	−636 000
Dividends	0	500 000	300 000	350 000
Net Income	340 000	549 000	424 000	325 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	21 375 000	21 370 000	21 468 000	18 640 000
Machinery and Plant Facilities	112 000	0	0	0
Fixtures	306 000	82 000	69 000	73 000
Total Tangible Assets	21 793 000	21 451 000	21 537 000	18 713 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 793 000	21 451 000	21 537 000	18 713 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	308 000	177 000	54 000	4 000
Total Current Assets	367 000	407 000	97 000	229 000
Total Assets	22 160 000	21 859 000	21 634 000	18 942 000
Total Equity	489 000	149 000	100 000	54 000
Short-Term Group Debt	0	0	100 000	0
Total Long-Term Debt	21 272 000	20 843 000	20 528 000	18 024 000
Creditors	103 000	67 000	335 000	330 000
Unpaid Taxes	36 000	86 000	1 000	44 000
Dividends	0	500 000	300 000	350 000
Other Current Debt	255 000	147 000	270 000	141 000
Total Current Debt	400 000	867 000	1 005 000	864 000
Total Equity and Debt	22 160 000	21 859 000	21 634 000	18 942 000

Financial indicators	2022	2021	2020	2019
Return on Equity	69,53 %	368,46 %	424 %	601,85 %
Debt-to-Equity Ratio	43,5	139,89	205,28	333,78
Operating Profit Margin	52,4 %	51,61 %	58,38 %	54,76 %
Current Ratio	0,92	0,47	0,1	0,27
Quick Ratio	0,92	0,47	0,1	0,27
Equity Ratio	0,02	0,01	0	0
Gross Profit Margin	75,92 %	75,84 %	76,53 %	76,52 %