TANGEN ALLÈ AS

4879 GRIMSTAD

Finances

Share Ownership

Return on Equity

73,28 %

Current Ratio

44,75

Debt-to-Equity Ratio

−114,68

Key figures (NOK)	2022	2021	2020
Revenue	30 000	190 000	88 000
Net Income	−458 000	−397 000	−1 731 000
Total Assets	72 677 000	64 779 000	59 691 000
Total Equity	−625 000	−167 000	230 000

Income (NOK)	2022	2021	2020
Revenue	30 000	190 000	88 000
Expenditure	616 000	698 000	1 288 000
Operating Profit	−586 000	−508 000	−1 200 000
Financial Income	0	0	0
Financial Costs	1 000	1 000	1 019 000
Financial Balance	−1 000	−1 000	−1 019 000
Earnings Before Tax	−587 000	−509 000	−2 219 000
Tax	−129 000	−112 000	−488 000
Net Income	−458 000	−397 000	−1 731 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	0	0	31 677 000
Total Current Assets	72 677 000	64 779 000	28 014 000
Total Assets	72 677 000	64 779 000	59 691 000
Total Retained Equity	−655 000	−197 000	200 000
Total Equity	−625 000	−167 000	230 000
Total Long-Term Debt	71 678 000	41 833 000	58 732 000
Total Current Debt	1 624 000	23 113 000	729 000
Total Equity and Debt	72 677 000	64 779 000	59 691 000

Cash flow (NOK)	2022	2021	2020
Sales Income	0	0	0
Other Income	30 000	190 000	88 000
Revenue	30 000	190 000	88 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	0
Impairment	0	0	0
Expenditure	616 000	698 000	1 288 000
Operating Profit	−586 000	−508 000	−1 200 000
Financial Income	0	0	0
Financial Costs	1 000	1 000	1 019 000
Financial Balance	−1 000	−1 000	−1 019 000
Dividends	0	0	0
Net Income	−458 000	−397 000	−1 731 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	31 677 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	31 677 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	0	0	31 677 000
Stock	71 802 000	64 672 000	27 693 000
Total Investments	0	0	0
Cash, Bank	876 000	92 000	321 000
Total Current Assets	72 677 000	64 779 000	28 014 000
Total Assets	72 677 000	64 779 000	59 691 000
Total Equity	−625 000	−167 000	230 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	71 678 000	41 833 000	58 732 000
Creditors	1 624 000	779 000	729 000
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	0	22 334 000	0
Total Current Debt	1 624 000	23 113 000	729 000
Total Equity and Debt	72 677 000	64 779 000	59 691 000

Financial indicators	2022	2021	2020
Return on Equity	73,28 %	237,72 %	−752,61 %
Debt-to-Equity Ratio	−114,68	−250,5	255,36
Operating Profit Margin	−1 953,33 %	−267,37 %	−1 363,64 %
Current Ratio	44,75	2,8	38,43
Quick Ratio	−1,04	−1,56	−1,04
Equity Ratio	−0,01	−0	0
Gross Profit Margin	100 %	100 %	100 %