TANGEN BYGG AS

6885 ÅRDALSTANGEN

Finances

Share Ownership

Return on Equity

−111,31 %

Current Ratio

2,43

Debt-to-Equity Ratio

−1,91

Key figures (NOK)	2021	2020	2019	2018
Revenue	647 000	597 000	778 000	854 000
Net Income	246 000	160 000	−106 000	−149 000
Total Assets	343 000	290 000	476 000	452 000
Total Equity	−221 000	−467 000	−627 000	−520 000

Income (NOK)	2021	2020	2019	2018
Revenue	647 000	597 000	778 000	854 000
Expenditure	379 000	391 000	861 000	976 000
Operating Profit	269 000	205 000	−83 000	−121 000
Financial Income	0	0	0	0
Financial Costs	22 000	46 000	23 000	28 000
Financial Balance	−22 000	−46 000	−23 000	−28 000
Earnings Before Tax	246 000	160 000	−106 000	−149 000
Tax	0	0	0	0
Net Income	246 000	160 000	−106 000	−149 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	3 000	9 000	15 000
Total Current Assets	343 000	287 000	467 000	437 000
Total Assets	343 000	290 000	476 000	452 000
Total Retained Equity	−1 141 000	−1 387 000	−1 547 000	−1 440 000
Total Equity	−221 000	−467 000	−627 000	−520 000
Total Long-Term Debt	422 000	332 000	533 000	0
Total Current Debt	141 000	425 000	569 000	972 000
Total Equity and Debt	343 000	290 000	476 000	452 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	647 000	597 000	778 000	854 000
Other Income	0	0	0	0
Revenue	647 000	597 000	778 000	854 000
Cost of Goods Sold	151 000	74 000	268 000	317 000
Salary Costs	0	115 000	343 000	342 000
Depreciation	3 000	6 000	6 000	6 000
Impairment	0	0	0	0
Expenditure	379 000	391 000	861 000	976 000
Operating Profit	269 000	205 000	−83 000	−121 000
Financial Income	0	0	0	0
Financial Costs	22 000	46 000	23 000	28 000
Financial Balance	−22 000	−46 000	−23 000	−28 000
Dividends	0	0	0	0
Net Income	246 000	160 000	−106 000	−149 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	3 000	9 000	15 000
Total Tangible Assets	0	3 000	9 000	15 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	3 000	9 000	15 000
Stock	259 000	243 000	250 000	232 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	1 000
Total Current Assets	343 000	287 000	467 000	437 000
Total Assets	343 000	290 000	476 000	452 000
Total Equity	−221 000	−467 000	−627 000	−520 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	422 000	332 000	533 000	0
Creditors	12 000	24 000	214 000	118 000
Unpaid Taxes	−220 000	84 000	2 000	28 000
Dividends	0	0	0	0
Other Current Debt	155 000	95 000	126 000	585 000
Total Current Debt	141 000	425 000	569 000	972 000
Total Equity and Debt	343 000	290 000	476 000	452 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−111,31 %	−34,26 %	16,91 %	28,65 %
Debt-to-Equity Ratio	−1,91	−0,71	−0,85	−0
Operating Profit Margin	41,58 %	34,34 %	−10,67 %	−14,17 %
Current Ratio	2,43	0,68	0,82	0,45
Quick Ratio	−2,91	1,58	1,46	0,59
Equity Ratio	−0,64	−1,61	−1,32	−1,15
Gross Profit Margin	76,66 %	87,6 %	65,55 %	62,88 %