Tangen II Borettslag

1400 SKI

Finances

Share Ownership

Return on Equity

−5,55 %

Current Ratio

8,66

Debt-to-Equity Ratio

−1,34

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 439 000	3 306 000	3 029 000	2 073 000
Net Income	980 000	861 000	−21 626 000	129 000
Total Assets	6 545 000	5 903 000	5 664 000	4 250 000
Total Equity	−17 653 000	−18 633 000	−19 494 000	2 132 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 439 000	3 306 000	3 029 000	2 073 000
Expenditure	1 909 000	2 028 000	24 317 000	1 911 000
Operating Profit	1 529 000	1 278 000	−21 288 000	163 000
Financial Income	46 000	2 000	9 000	16 000
Financial Costs	596 000	418 000	348 000	51 000
Financial Balance	−550 000	−416 000	−339 000	−35 000
Earnings Before Tax	980 000	861 000	−21 626 000	129 000
Tax	0	0	0	0
Net Income	980 000	861 000	−21 626 000	129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 317 000	2 317 000	2 317 000	2 317 000
Total Current Assets	4 228 000	3 586 000	3 347 000	1 933 000
Total Assets	6 545 000	5 903 000	5 664 000	4 250 000
Total Retained Equity	−17 658 000	−18 638 000	−19 499 000	2 127 000
Total Equity	−17 653 000	−18 633 000	−19 494 000	2 132 000
Total Long-Term Debt	23 710 000	24 283 000	24 938 000	1 915 000
Total Current Debt	488 000	253 000	220 000	203 000
Total Equity and Debt	6 545 000	5 903 000	5 664 000	4 250 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	3 439 000	3 306 000	3 029 000	2 073 000
Revenue	3 439 000	3 306 000	3 029 000	2 073 000
Cost of Goods Sold	0	0	0	0
Salary Costs	114 000	228 000	110 000	86 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 909 000	2 028 000	24 317 000	1 911 000
Operating Profit	1 529 000	1 278 000	−21 288 000	163 000
Financial Income	46 000	2 000	9 000	16 000
Financial Costs	596 000	418 000	348 000	51 000
Financial Balance	−550 000	−416 000	−339 000	−35 000
Dividends	0	0	0	0
Net Income	980 000	861 000	−21 626 000	129 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 317 000	2 317 000	2 317 000	2 317 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 317 000	2 317 000	2 317 000	2 317 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 317 000	2 317 000	2 317 000	2 317 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 889 000	3 249 000	3 055 000	1 668 000
Total Current Assets	4 228 000	3 586 000	3 347 000	1 933 000
Total Assets	6 545 000	5 903 000	5 664 000	4 250 000
Total Equity	−17 653 000	−18 633 000	−19 494 000	2 132 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	23 710 000	24 283 000	24 938 000	1 915 000
Creditors	483 000	235 000	213 000	189 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	5 000	18 000	8 000	14 000
Total Current Debt	488 000	253 000	220 000	203 000
Total Equity and Debt	6 545 000	5 903 000	5 664 000	4 250 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,55 %	−4,62 %	110,94 %	6,05 %
Debt-to-Equity Ratio	−1,34	−1,3	−1,28	0,9
Operating Profit Margin	44,46 %	38,66 %	−702,81 %	7,86 %
Current Ratio	8,66	14,17	15,21	9,52
Quick Ratio	8,66	14,17	15,21	9,52
Equity Ratio	−2,7	−3,16	−3,44	0,5
Gross Profit Margin	100 %	100 %	100 %	100 %