TANGEN LANDHANDLERI AS

2260 KIRKENÆR

Finances

Share Ownership

Return on Equity

8,27 %

Current Ratio

3,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 025 000	1 132 000	1 162 000	960 000
Net Income	478 000	528 000	419 000	283 000
Total Assets	6 385 000	7 640 000	7 108 000	6 823 000
Total Equity	5 777 000	6 190 000	5 662 000	5 243 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 025 000	1 132 000	1 162 000	960 000
Expenditure	391 000	411 000	580 000	547 000
Operating Profit	634 000	721 000	582 000	414 000
Financial Income	18 000	7 000	11 000	17 000
Financial Costs	0	6 000	11 000	23 000
Financial Balance	18 000	1 000	0	−6 000
Earnings Before Tax	652 000	722 000	582 000	407 000
Tax	174 000	194 000	163 000	124 000
Net Income	478 000	528 000	419 000	283 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 309 000	4 550 000	4 814 000	5 078 000
Total Current Assets	2 076 000	3 089 000	2 293 000	1 745 000
Total Assets	6 385 000	7 640 000	7 108 000	6 823 000
Total Retained Equity	4 127 000	4 540 000	4 012 000	3 593 000
Total Equity	5 777 000	6 190 000	5 662 000	5 243 000
Total Long-Term Debt	0	1 206 000	1 200 000	1 189 000
Total Current Debt	608 000	243 000	245 000	391 000
Total Equity and Debt	6 385 000	7 640 000	7 108 000	6 823 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 025 000	1 132 000	1 162 000	960 000
Revenue	1 025 000	1 132 000	1 162 000	960 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	155 000	157 000
Depreciation	241 000	264 000	264 000	264 000
Impairment	0	0	0	0
Expenditure	391 000	411 000	580 000	547 000
Operating Profit	634 000	721 000	582 000	414 000
Financial Income	18 000	7 000	11 000	17 000
Financial Costs	0	6 000	11 000	23 000
Financial Balance	18 000	1 000	0	−6 000
Dividends	891 000	0	0	0
Net Income	478 000	528 000	419 000	283 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 309 000	4 550 000	4 814 000	5 078 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	4 309 000	4 550 000	4 814 000	5 078 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 309 000	4 550 000	4 814 000	5 078 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 076 000	2 972 000	2 130 000	1 728 000
Total Current Assets	2 076 000	3 089 000	2 293 000	1 745 000
Total Assets	6 385 000	7 640 000	7 108 000	6 823 000
Total Equity	5 777 000	6 190 000	5 662 000	5 243 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 206 000	1 200 000	1 189 000
Creditors	0	12 000	9 000	0
Unpaid Taxes	38 000	37 000	48 000	240 000
Dividends	891 000	0	0	0
Other Current Debt	0	0	25 000	27 000
Total Current Debt	608 000	243 000	245 000	391 000
Total Equity and Debt	6 385 000	7 640 000	7 108 000	6 823 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,27 %	8,53 %	7,4 %	5,4 %
Debt-to-Equity Ratio	0	0,19	0,21	0,23
Operating Profit Margin	61,85 %	63,69 %	50,09 %	43,13 %
Current Ratio	3,41	12,71	9,36	4,46
Quick Ratio	3,41	12,71	9,36	4,46
Equity Ratio	0,9	0,81	0,8	0,77
Gross Profit Margin	100 %	100 %	100 %	100 %