TANGEN EIENDOM AS

3950 BREVIK

Finances

Share Ownership

Return on Equity

6,07 %

Current Ratio

4,59

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 263 000	3 904 000	2 867 000	2 910 000
Net Income	2 259 000	1 886 000	1 278 000	1 762 000
Total Assets	38 036 000	39 336 000	37 683 000	32 685 000
Total Equity	37 238 000	34 978 000	33 092 000	31 814 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 263 000	3 904 000	2 867 000	2 910 000
Expenditure	1 348 000	1 383 000	1 232 000	684 000
Operating Profit	2 915 000	2 522 000	1 636 000	2 226 000
Financial Income	3 000	6 000	17 000	34 000
Financial Costs	142 000	110 000	15 000	0
Financial Balance	−139 000	−104 000	2 000	34 000
Earnings Before Tax	2 776 000	2 419 000	1 638 000	2 260 000
Tax	517 000	532 000	360 000	497 000
Net Income	2 259 000	1 886 000	1 278 000	1 762 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 375 000	34 461 000	33 657 000	27 832 000
Total Current Assets	3 661 000	4 874 000	4 025 000	4 853 000
Total Assets	38 036 000	39 336 000	37 683 000	32 685 000
Total Retained Equity	30 238 000	27 978 000	26 092 000	24 814 000
Total Equity	37 238 000	34 978 000	33 092 000	31 814 000
Total Long-Term Debt	0	3 652 000	4 000 000	0
Total Current Debt	798 000	706 000	591 000	871 000
Total Equity and Debt	38 036 000	39 336 000	37 683 000	32 685 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	4 263 000	3 904 000	2 867 000	2 910 000
Revenue	4 263 000	3 904 000	2 867 000	2 910 000
Cost of Goods Sold	0	0	0	0
Salary Costs	48 000	55 000	67 000	55 000
Depreciation	265 000	265 000	215 000	215 000
Impairment	0	0	0	0
Expenditure	1 348 000	1 383 000	1 232 000	684 000
Operating Profit	2 915 000	2 522 000	1 636 000	2 226 000
Financial Income	3 000	6 000	17 000	34 000
Financial Costs	142 000	110 000	15 000	0
Financial Balance	−139 000	−104 000	2 000	34 000
Dividends	0	0	0	0
Net Income	2 259 000	1 886 000	1 278 000	1 762 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	292 000	173 000	165 000	173 000
Real Eastate	33 682 000	33 838 000	32 993 000	27 659 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	400 000	450 000	500 000	0
Total Tangible Assets	34 082 000	34 288 000	33 493 000	27 659 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	34 375 000	34 461 000	33 657 000	27 832 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 532 000	4 767 000	3 315 000	4 764 000
Total Current Assets	3 661 000	4 874 000	4 025 000	4 853 000
Total Assets	38 036 000	39 336 000	37 683 000	32 685 000
Total Equity	37 238 000	34 978 000	33 092 000	31 814 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	3 652 000	4 000 000	0
Creditors	6 000	12 000	105 000	334 000
Unpaid Taxes	64 000	58 000	34 000	27 000
Dividends	0	0	0	0
Other Current Debt	91 000	95 000	100 000	1 000
Total Current Debt	798 000	706 000	591 000	871 000
Total Equity and Debt	38 036 000	39 336 000	37 683 000	32 685 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,07 %	5,39 %	3,86 %	5,54 %
Debt-to-Equity Ratio	0	0,1	0,12	0
Operating Profit Margin	68,38 %	64,6 %	57,06 %	76,49 %
Current Ratio	4,59	6,9	6,81	5,57
Quick Ratio	4,59	6,9	6,81	5,57
Equity Ratio	0,98	0,89	0,88	0,97
Gross Profit Margin	100 %	100 %	100 %	100 %