TANGEN UTEANLEGG AS

8622 MO I RANA

Finances

Share Ownership

Return on Equity

50,02 %

Current Ratio

3,2

Debt-to-Equity Ratio

1,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 316 000	11 856 000	11 145 000	13 646 000
Net Income	2 869 000	970 000	944 000	1 739 000
Total Assets	18 515 000	17 097 000	15 413 000	14 861 000
Total Equity	5 736 000	2 873 000	1 963 000	1 451 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 316 000	11 856 000	11 145 000	13 646 000
Expenditure	12 649 000	10 599 000	9 914 000	12 122 000
Operating Profit	3 667 000	1 256 000	1 231 000	1 525 000
Financial Income	22 000	5 000	18 000	570 000
Financial Costs	11 000	18 000	38 000	18 000
Financial Balance	11 000	−13 000	−20 000	552 000
Earnings Before Tax	3 678 000	1 244 000	1 211 000	2 077 000
Tax	809 000	274 000	267 000	338 000
Net Income	2 869 000	970 000	944 000	1 739 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	9 657 000	9 847 000	9 752 000	6 985 000
Total Current Assets	8 858 000	7 250 000	5 660 000	7 876 000
Total Assets	18 515 000	17 097 000	15 413 000	14 861 000
Total Retained Equity	5 706 000	2 843 000	1 933 000	1 421 000
Total Equity	5 736 000	2 873 000	1 963 000	1 451 000
Total Long-Term Debt	10 007 000	11 007 000	11 007 000	11 007 000
Total Current Debt	2 772 000	3 217 000	2 442 000	2 402 000
Total Equity and Debt	18 515 000	17 097 000	15 413 000	14 861 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 292 000	11 731 000	10 755 000	13 624 000
Other Income	24 000	124 000	390 000	22 000
Revenue	16 316 000	11 856 000	11 145 000	13 646 000
Cost of Goods Sold	3 393 000	3 044 000	1 933 000	3 890 000
Salary Costs	5 564 000	4 590 000	4 756 000	5 102 000
Depreciation	707 000	690 000	721 000	681 000
Impairment	0	0	0	0
Expenditure	12 649 000	10 599 000	9 914 000	12 122 000
Operating Profit	3 667 000	1 256 000	1 231 000	1 525 000
Financial Income	22 000	5 000	18 000	570 000
Financial Costs	11 000	18 000	38 000	18 000
Financial Balance	11 000	−13 000	−20 000	552 000
Dividends	0	0	0	0
Net Income	2 869 000	970 000	944 000	1 739 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	92 000	34 000	24 000	77 000
Real Eastate	3 000	15 000	27 000	84 000
Machinery and Plant Facilities	2 189 000	2 447 000	2 351 000	1 472 000
Fixtures	22 000	0	0	0
Total Tangible Assets	2 214 000	2 461 000	2 377 000	1 556 000
Total Fiancial Fixed Assets	7 352 000	7 352 000	7 352 000	5 352 000
Total Fixed Assets	9 657 000	9 847 000	9 752 000	6 985 000
Stock	376 000	201 000	161 000	147 000
Total Investments	0	0	0	0
Cash, Bank	6 975 000	3 629 000	3 931 000	6 337 000
Total Current Assets	8 858 000	7 250 000	5 660 000	7 876 000
Total Assets	18 515 000	17 097 000	15 413 000	14 861 000
Total Equity	5 736 000	2 873 000	1 963 000	1 451 000
Short-Term Group Debt	85 000	78 000	554 000	0
Total Long-Term Debt	10 007 000	11 007 000	11 007 000	11 007 000
Creditors	241 000	1 700 000	421 000	700 000
Unpaid Taxes	659 000	517 000	633 000	566 000
Dividends	0	0	0	0
Other Current Debt	922 000	655 000	742 000	738 000
Total Current Debt	2 772 000	3 217 000	2 442 000	2 402 000
Total Equity and Debt	18 515 000	17 097 000	15 413 000	14 861 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,02 %	33,76 %	48,09 %	119,85 %
Debt-to-Equity Ratio	1,74	3,83	5,61	7,59
Operating Profit Margin	22,47 %	10,59 %	11,05 %	11,18 %
Current Ratio	3,2	2,25	2,32	3,28
Quick Ratio	3,7	2,4	2,48	3,49
Equity Ratio	0,31	0,17	0,13	0,1
Gross Profit Margin	79,2 %	74,33 %	82,66 %	71,49 %