TANGEVIKEN AS

3580 GEILO

Finances

Return on Equity

24,97 %

Current Ratio

3,73

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	2 099 000	5 738 000	0
Net Income	1 411 000	3 546 000	−41 000
Total Assets	7 305 000	6 950 000	753 000
Total Equity	5 650 000	5 339 000	681 000

Income (NOK)	2022	2021	2020
Revenue	2 099 000	5 738 000	0
Expenditure	826 000	2 078 000	41 000
Operating Profit	1 050 000	3 242 000	−41 000
Financial Income	782 000	813 000	0
Financial Costs	166 000	2 000	0
Financial Balance	616 000	811 000	0
Earnings Before Tax	1 665 000	4 053 000	−41 000
Tax	254 000	507 000	0
Net Income	1 411 000	3 546 000	−41 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 146 000	1 037 000	0
Total Current Assets	6 158 000	5 913 000	753 000
Total Assets	7 305 000	6 950 000	753 000
Total Retained Equity	4 893 000	4 582 000	−41 000
Total Equity	5 650 000	5 339 000	681 000
Total Long-Term Debt	1 000	0	0
Total Current Debt	1 653 000	1 611 000	72 000
Total Equity and Debt	7 305 000	6 950 000	753 000

Cash flow (NOK)	2022	2021	2020
Sales Income	2 095 000	5 732 000	0
Other Income	5 000	6 000	0
Revenue	2 099 000	5 738 000	0
Cost of Goods Sold	572 000	1 852 000	0
Salary Costs	174 000	0	0
Depreciation	17 000	4 000	0
Impairment	0	0	0
Expenditure	826 000	2 078 000	41 000
Operating Profit	1 050 000	3 242 000	−41 000
Financial Income	782 000	813 000	0
Financial Costs	166 000	2 000	0
Financial Balance	616 000	811 000	0
Dividends	600 000	0	0
Net Income	1 411 000	3 546 000	−41 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	267 000	20 000	0
Machinery and Plant Facilities	0	0	0
Fixtures	51 000	13 000	0
Total Tangible Assets	318 000	33 000	0
Total Fiancial Fixed Assets	828 000	1 004 000	0
Total Fixed Assets	1 146 000	1 037 000	0
Stock	112 000	335 000	753 000
Total Investments	0	0	0
Cash, Bank	5 854 000	5 393 000	0
Total Current Assets	6 158 000	5 913 000	753 000
Total Assets	7 305 000	6 950 000	753 000
Total Equity	5 650 000	5 339 000	681 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	1 000	0	0
Creditors	113 000	32 000	0
Unpaid Taxes	13 000	138 000	0
Dividends	600 000	0	0
Other Current Debt	175 000	934 000	72 000
Total Current Debt	1 653 000	1 611 000	72 000
Total Equity and Debt	7 305 000	6 950 000	753 000

Financial indicators	2022	2021	2020
Return on Equity	24,97 %	66,42 %	−6,02 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	50,02 %	56,5 %	-
Current Ratio	3,73	3,67	10,46
Quick Ratio	4	4,63	−1,11
Equity Ratio	0,77	0,77	0,9
Gross Profit Margin	72,75 %	67,72 %	-