NORSK TANG AS

5970 BYRKNESØY

Finances

Share Ownership

Return on Equity

100 %

Current Ratio

0,46

Debt-to-Equity Ratio

−7,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	100 000	52 000	0	0
Net Income	−63 000	−7 000	−65 000	−15 000
Total Assets	958 000	990 000	415 000	315 000
Total Equity	−63 000	0	7 000	72 000

Income (NOK)	2022	2021	2020	2019
Revenue	100 000	52 000	0	0
Expenditure	163 000	58 000	64 000	15 000
Operating Profit	−63 000	−7 000	−65 000	−15 000
Financial Income	2 000	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−63 000	−7 000	−65 000	−15 000
Tax	0	0	0	0
Net Income	−63 000	−7 000	−65 000	−15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	709 000	421 000	247 000	236 000
Total Current Assets	248 000	569 000	168 000	79 000
Total Assets	958 000	990 000	415 000	315 000
Total Retained Equity	−151 000	−88 000	−81 000	−17 000
Total Equity	−63 000	0	7 000	72 000
Total Long-Term Debt	481 000	181 000	228 000	228 000
Total Current Debt	539 000	809 000	180 000	15 000
Total Equity and Debt	958 000	990 000	415 000	315 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	100 000	52 000	0	0
Other Income	0	0	0	0
Revenue	100 000	52 000	0	0
Cost of Goods Sold	0	9 000	−1 000	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	163 000	58 000	64 000	15 000
Operating Profit	−63 000	−7 000	−65 000	−15 000
Financial Income	2 000	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−63 000	−7 000	−65 000	−15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	334 000	421 000	247 000	236 000
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	375 000	0	0	0
Total Fixed Assets	709 000	421 000	247 000	236 000
Stock	99 000	99 000	113 000	0
Total Investments	0	0	0	0
Cash, Bank	75 000	192 000	24 000	21 000
Total Current Assets	248 000	569 000	168 000	79 000
Total Assets	958 000	990 000	415 000	315 000
Total Equity	−63 000	0	7 000	72 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	481 000	181 000	228 000	228 000
Creditors	539 000	798 000	180 000	15 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	11 000	0	0
Total Current Debt	539 000	809 000	180 000	15 000
Total Equity and Debt	958 000	990 000	415 000	315 000

Financial indicators	2022	2021	2020	2019
Return on Equity	100 %	-	−928,57 %	−20,83 %
Debt-to-Equity Ratio	−7,63	-	32,57	3,17
Operating Profit Margin	−63 %	−13,46 %	-	-
Current Ratio	0,46	0,7	0,93	5,27
Quick Ratio	0,56	0,8	2,51	5,27
Equity Ratio	−0,07	0	0,02	0,23
Gross Profit Margin	100 %	82,69 %	-	-