TANGEN HAGEBY BORETTSLAG

1776 HALDEN

Finances

Share Ownership

Return on Equity

10,71 %

Current Ratio

16,27

Debt-to-Equity Ratio

327,38

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 243 000	637 000	5 332 000	11 000
Net Income	18 000	−20 000	−945 000	−193 000
Total Assets	55 179 000	67 297 000	85 765 000	18 469 000
Total Equity	168 000	150 000	−938 000	7 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 243 000	637 000	5 332 000	11 000
Expenditure	642 000	419 000	6 171 000	79 000
Operating Profit	559 000	192 000	−839 000	−68 000
Financial Income	10 000	1 000	0	1 000
Financial Costs	550 000	213 000	106 000	126 000
Financial Balance	−540 000	−212 000	−106 000	−125 000
Earnings Before Tax	60 000	6 000	−945 000	−193 000
Tax	0	0	0	0
Net Income	18 000	−20 000	−945 000	−193 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	55 000 000	55 000 000	55 000 000	16 241 000
Total Current Assets	179 000	12 297 000	30 765 000	2 228 000
Total Assets	55 179 000	67 297 000	85 765 000	18 469 000
Total Retained Equity	−32 000	−50 000	−1 138 000	−193 000
Total Equity	168 000	150 000	−938 000	7 000
Total Long-Term Debt	55 000 000	55 000 000	70 390 000	3 000 000
Total Current Debt	11 000	12 147 000	16 313 000	15 462 000
Total Equity and Debt	55 179 000	67 297 000	85 765 000	18 469 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	11 000
Other Income	1 243 000	637 000	5 332 000	0
Revenue	1 243 000	637 000	5 332 000	11 000
Cost of Goods Sold	0	0	0	0
Salary Costs	23 000	23 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	642 000	419 000	6 171 000	79 000
Operating Profit	559 000	192 000	−839 000	−68 000
Financial Income	10 000	1 000	0	1 000
Financial Costs	550 000	213 000	106 000	126 000
Financial Balance	−540 000	−212 000	−106 000	−125 000
Dividends	0	0	0	0
Net Income	18 000	−20 000	−945 000	−193 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	55 000 000	55 000 000	55 000 000	16 241 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	55 000 000	55 000 000	55 000 000	16 241 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	55 000 000	55 000 000	55 000 000	16 241 000
Stock	0	0	29 679 000	2 004 000
Total Investments	0	0	0	0
Cash, Bank	106 000	161 000	1 085 000	212 000
Total Current Assets	179 000	12 297 000	30 765 000	2 228 000
Total Assets	55 179 000	67 297 000	85 765 000	18 469 000
Total Equity	168 000	150 000	−938 000	7 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	55 000 000	55 000 000	70 390 000	3 000 000
Creditors	9 000	10 000	278 000	8 000
Unpaid Taxes	0	10 000	0	0
Dividends	0	0	0	0
Other Current Debt	2 000	12 127 000	16 035 000	15 454 000
Total Current Debt	11 000	12 147 000	16 313 000	15 462 000
Total Equity and Debt	55 179 000	67 297 000	85 765 000	18 469 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,71 %	−13,33 %	100,75 %	−2 757,14 %
Debt-to-Equity Ratio	327,38	366,67	−75,04	428,57
Operating Profit Margin	44,97 %	30,14 %	−15,74 %	−618,18 %
Current Ratio	16,27	1,01	1,89	0,14
Quick Ratio	16,27	1,01	−2,3	0,17
Equity Ratio	0	0	−0,01	0
Gross Profit Margin	100 %	100 %	100 %	100 %