TANGEN EIGEDOM AS

6856 SOGNDAL

Finances

Share Ownership

Return on Equity

−0,59 %

Current Ratio

2,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	281 000	671 000	1 258 000	862 000
Net Income	−12 000	130 000	483 000	134 000
Total Assets	2 271 000	2 672 000	3 148 000	3 139 000
Total Equity	2 040 000	2 052 000	2 446 000	2 402 000

Income (NOK)	2022	2021	2020	2019
Revenue	281 000	671 000	1 258 000	862 000
Expenditure	287 000	506 000	633 000	681 000
Operating Profit	−6 000	165 000	625 000	182 000
Financial Income	1 000	2 000	3 000	5 000
Financial Costs	9 000	0	9 000	15 000
Financial Balance	−8 000	2 000	−6 000	−10 000
Earnings Before Tax	−15 000	166 000	619 000	172 000
Tax	−3 000	37 000	136 000	38 000
Net Income	−12 000	130 000	483 000	134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 646 000	1 715 000	1 944 000	2 438 000
Total Current Assets	626 000	957 000	1 204 000	701 000
Total Assets	2 271 000	2 672 000	3 148 000	3 139 000
Total Retained Equity	340 000	352 000	746 000	702 000
Total Equity	2 040 000	2 052 000	2 446 000	2 402 000
Total Long-Term Debt	0	0	0	250 000
Total Current Debt	232 000	620 000	703 000	487 000
Total Equity and Debt	2 271 000	2 672 000	3 148 000	3 139 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	6 000	5 000
Other Income	281 000	671 000	1 252 000	857 000
Revenue	281 000	671 000	1 258 000	862 000
Cost of Goods Sold	12 000	37 000	0	0
Salary Costs	0	0	58 000	48 000
Depreciation	86 000	270 000	286 000	292 000
Impairment	0	0	0	0
Expenditure	287 000	506 000	633 000	681 000
Operating Profit	−6 000	165 000	625 000	182 000
Financial Income	1 000	2 000	3 000	5 000
Financial Costs	9 000	0	9 000	15 000
Financial Balance	−8 000	2 000	−6 000	−10 000
Dividends	0	250 000	440 000	200 000
Net Income	−12 000	130 000	483 000	134 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	408 000	406 000	365 000	420 000
Real Eastate	1 223 000	1 309 000	1 579 000	2 018 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 223 000	1 309 000	1 579 000	2 018 000
Total Fiancial Fixed Assets	15 000	0	0	0
Total Fixed Assets	1 646 000	1 715 000	1 944 000	2 438 000
Stock	469 000	296 000	0	0
Total Investments	0	0	0	0
Cash, Bank	157 000	645 000	1 007 000	497 000
Total Current Assets	626 000	957 000	1 204 000	701 000
Total Assets	2 271 000	2 672 000	3 148 000	3 139 000
Total Equity	2 040 000	2 052 000	2 446 000	2 402 000
Short-Term Group Debt	0	350 000	0	0
Total Long-Term Debt	0	0	0	250 000
Creditors	28 000	18 000	26 000	42 000
Unpaid Taxes	4 000	2 000	8 000	10 000
Dividends	0	250 000	440 000	200 000
Other Current Debt	200 000	0	148 000	166 000
Total Current Debt	232 000	620 000	703 000	487 000
Total Equity and Debt	2 271 000	2 672 000	3 148 000	3 139 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−0,59 %	6,34 %	19,75 %	5,58 %
Debt-to-Equity Ratio	0	0	0	0,1
Operating Profit Margin	−2,14 %	24,59 %	49,68 %	21,11 %
Current Ratio	2,7	1,54	1,71	1,44
Quick Ratio	−2,64	2,95	1,71	1,44
Equity Ratio	0,9	0,77	0,78	0,77
Gross Profit Margin	95,73 %	94,49 %	100 %	100 %