TANGEN SHIPPING HOLDING AS

3912 PORSGRUNN

Finances

Return on Equity

60,49 %

Current Ratio

2,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	6 572 000	136 000	206 000	1 134 000
Total Assets	15 548 000	6 310 000	6 177 000	6 045 000
Total Equity	10 865 000	6 293 000	6 157 000	5 951 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	228 000	92 000	34 000	27 000
Operating Profit	−228 000	−92 000	−34 000	−27 000
Financial Income	6 909 000	248 000	260 000	1 194 000
Financial Costs	108 000	4 000	0	10 000
Financial Balance	6 801 000	244 000	260 000	1 184 000
Earnings Before Tax	6 572 000	153 000	226 000	1 158 000
Tax	0	16 000	20 000	24 000
Net Income	6 572 000	136 000	206 000	1 134 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 256 000	4 771 000	5 021 000	5 221 000
Total Current Assets	11 292 000	1 539 000	1 156 000	824 000
Total Assets	15 548 000	6 310 000	6 177 000	6 045 000
Total Retained Equity	10 765 000	6 193 000	6 057 000	5 851 000
Total Equity	10 865 000	6 293 000	6 157 000	5 951 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 683 000	16 000	20 000	94 000
Total Equity and Debt	15 548 000	6 310 000	6 177 000	6 045 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	228 000	92 000	34 000	27 000
Operating Profit	−228 000	−92 000	−34 000	−27 000
Financial Income	6 909 000	248 000	260 000	1 194 000
Financial Costs	108 000	4 000	0	10 000
Financial Balance	6 801 000	244 000	260 000	1 184 000
Dividends	2 000 000	0	0	0
Net Income	6 572 000	136 000	206 000	1 134 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	4 256 000	4 771 000	5 021 000	5 221 000
Total Fixed Assets	4 256 000	4 771 000	5 021 000	5 221 000
Stock	0	0	0	0
Total Investments	1 040 000	1 140 000	757 000	610 000
Cash, Bank	10 121 000	312 000	301 000	80 000
Total Current Assets	11 292 000	1 539 000	1 156 000	824 000
Total Assets	15 548 000	6 310 000	6 177 000	6 045 000
Total Equity	10 865 000	6 293 000	6 157 000	5 951 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	70 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	2 000 000	0	0	0
Other Current Debt	2 613 000	0	0	70 000
Total Current Debt	4 683 000	16 000	20 000	94 000
Total Equity and Debt	15 548 000	6 310 000	6 177 000	6 045 000

Financial indicators	2022	2021	2020	2019
Return on Equity	60,49 %	2,16 %	3,35 %	19,06 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	2,41	96,19	57,8	8,77
Quick Ratio	2,41	96,19	57,8	8,77
Equity Ratio	0,7	1	1	0,98
Gross Profit Margin	-	-	-	-