TANGEN BORETTSLAG

2004 LILLESTRØM

Finances

Share Ownership

Return on Equity

−21,94 %

Current Ratio

7,87

Debt-to-Equity Ratio

0,65

Key figures (NOK)	2022	2021	2020	2019
Revenue	396 000	396 000	396 000	360 000
Net Income	−208 000	108 000	121 000	47 000
Total Assets	1 601 000	1 492 000	1 456 000	1 359 000
Total Equity	948 000	1 155 000	1 047 000	926 000

Income (NOK)	2022	2021	2020	2019
Revenue	396 000	396 000	396 000	360 000
Expenditure	596 000	288 000	272 000	308 000
Operating Profit	−200 000	108 000	124 000	52 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	10 000	3 000	6 000	8 000
Financial Balance	−7 000	0	−3 000	−5 000
Earnings Before Tax	−207 000	108 000	121 000	47 000
Tax	0	0	0	0
Net Income	−208 000	108 000	121 000	47 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 294 000	1 294 000	1 294 000	1 294 000
Total Current Assets	307 000	198 000	162 000	65 000
Total Assets	1 601 000	1 492 000	1 456 000	1 359 000
Total Retained Equity	947 000	1 154 000	1 046 000	925 000
Total Equity	948 000	1 155 000	1 047 000	926 000
Total Long-Term Debt	615 000	335 000	379 000	433 000
Total Current Debt	39 000	2 000	30 000	0
Total Equity and Debt	1 601 000	1 492 000	1 456 000	1 359 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	396 000	0	0	0
Other Income	0	396 000	396 000	360 000
Revenue	396 000	396 000	396 000	360 000
Cost of Goods Sold	0	0	0	0
Salary Costs	17 000	17 000	17 000	17 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	596 000	288 000	272 000	308 000
Operating Profit	−200 000	108 000	124 000	52 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	10 000	3 000	6 000	8 000
Financial Balance	−7 000	0	−3 000	−5 000
Dividends	0	0	0	0
Net Income	−208 000	108 000	121 000	47 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 294 000	1 294 000	1 294 000	1 294 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 294 000	1 294 000	1 294 000	1 294 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 294 000	1 294 000	1 294 000	1 294 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	252 000	153 000	120 000	51 000
Total Current Assets	307 000	198 000	162 000	65 000
Total Assets	1 601 000	1 492 000	1 456 000	1 359 000
Total Equity	948 000	1 155 000	1 047 000	926 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	615 000	335 000	379 000	433 000
Creditors	39 000	2 000	30 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	39 000	2 000	30 000	0
Total Equity and Debt	1 601 000	1 492 000	1 456 000	1 359 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,94 %	9,35 %	11,56 %	5,08 %
Debt-to-Equity Ratio	0,65	0,29	0,36	0,47
Operating Profit Margin	−50,51 %	27,27 %	31,31 %	14,44 %
Current Ratio	7,87	99	5,4	-
Quick Ratio	7,87	99	5,4	-
Equity Ratio	0,59	0,77	0,72	0,68
Gross Profit Margin	100 %	100 %	100 %	100 %