TANGEN RVA AS

4018 STAVANGER

Finances

Return on Equity

66,67 %

Current Ratio

1,53

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 793 000	7 726 000	7 967 000	8 480 000
Net Income	1 962 000	1 380 000	1 448 000	1 370 000
Total Assets	6 116 000	4 755 000	4 531 000	3 576 000
Total Equity	2 943 000	2 481 000	2 001 000	1 453 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 793 000	7 726 000	7 967 000	8 480 000
Expenditure	7 276 000	5 951 000	6 104 000	6 708 000
Operating Profit	2 517 000	1 775 000	1 863 000	1 772 000
Financial Income	3 000	2 000	4 000	5 000
Financial Costs	4 000	3 000	4 000	3 000
Financial Balance	−1 000	−1 000	0	2 000
Earnings Before Tax	2 516 000	1 775 000	1 864 000	1 774 000
Tax	554 000	395 000	415 000	404 000
Net Income	1 962 000	1 380 000	1 448 000	1 370 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 267 000	1 203 000	276 000	15 000
Total Current Assets	4 849 000	3 552 000	4 255 000	3 561 000
Total Assets	6 116 000	4 755 000	4 531 000	3 576 000
Total Retained Equity	2 743 000	2 281 000	1 801 000	1 253 000
Total Equity	2 943 000	2 481 000	2 001 000	1 453 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 173 000	2 274 000	2 530 000	2 123 000
Total Equity and Debt	6 116 000	4 755 000	4 531 000	3 576 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	9 793 000	7 726 000	7 964 000	8 480 000
Other Income	0	0	3 000	0
Revenue	9 793 000	7 726 000	7 967 000	8 480 000
Cost of Goods Sold	3 419 000	2 202 000	2 771 000	3 007 000
Salary Costs	3 051 000	2 983 000	2 623 000	2 861 000
Depreciation	60 000	60 000	30 000	0
Impairment	0	0	0	0
Expenditure	7 276 000	5 951 000	6 104 000	6 708 000
Operating Profit	2 517 000	1 775 000	1 863 000	1 772 000
Financial Income	3 000	2 000	4 000	5 000
Financial Costs	4 000	3 000	4 000	3 000
Financial Balance	−1 000	−1 000	0	2 000
Dividends	1 500 000	900 000	900 000	900 000
Net Income	1 962 000	1 380 000	1 448 000	1 370 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	7 000	6 000	15 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	150 000	210 000	270 000	0
Total Tangible Assets	150 000	210 000	270 000	0
Total Fiancial Fixed Assets	1 106 000	986 000	0	0
Total Fixed Assets	1 267 000	1 203 000	276 000	15 000
Stock	420 000	332 000	347 000	274 000
Total Investments	0	0	866 000	746 000
Cash, Bank	3 370 000	2 032 000	1 350 000	1 674 000
Total Current Assets	4 849 000	3 552 000	4 255 000	3 561 000
Total Assets	6 116 000	4 755 000	4 531 000	3 576 000
Total Equity	2 943 000	2 481 000	2 001 000	1 453 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	314 000	136 000	34 000	78 000
Unpaid Taxes	499 000	502 000	585 000	446 000
Dividends	1 500 000	900 000	900 000	900 000
Other Current Debt	302 000	341 000	605 000	297 000
Total Current Debt	3 173 000	2 274 000	2 530 000	2 123 000
Total Equity and Debt	6 116 000	4 755 000	4 531 000	3 576 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,67 %	55,62 %	72,36 %	94,29 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	25,7 %	22,97 %	23,38 %	20,9 %
Current Ratio	1,53	1,56	1,68	1,68
Quick Ratio	1,76	1,83	1,95	1,93
Equity Ratio	0,48	0,52	0,44	0,41
Gross Profit Margin	65,09 %	71,5 %	65,22 %	64,54 %