TANGEN OPTIKK AS

1452 NESODDTANGEN

Finances

Share Ownership

Return on Equity

140 %

Current Ratio

1,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 127 000	10 046 000	8 687 000	8 343 000
Net Income	980 000	854 000	782 000	219 000
Total Assets	2 730 000	3 694 000	3 714 000	3 214 000
Total Equity	700 000	1 020 000	1 766 000	1 984 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 127 000	10 046 000	8 687 000	8 343 000
Expenditure	8 864 000	8 940 000	7 691 000	8 082 000
Operating Profit	1 263 000	1 106 000	996 000	261 000
Financial Income	10 000	20 000	19 000	16 000
Financial Costs	13 000	0	2 000	0
Financial Balance	−3 000	20 000	17 000	16 000
Earnings Before Tax	1 260 000	1 127 000	1 013 000	277 000
Tax	280 000	273 000	232 000	58 000
Net Income	980 000	854 000	782 000	219 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 000	103 000	379 000	440 000
Total Current Assets	2 724 000	3 591 000	3 335 000	2 774 000
Total Assets	2 730 000	3 694 000	3 714 000	3 214 000
Total Retained Equity	390 000	920 000	1 666 000	1 884 000
Total Equity	700 000	1 020 000	1 766 000	1 984 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 031 000	2 674 000	1 948 000	1 230 000
Total Equity and Debt	2 730 000	3 694 000	3 714 000	3 214 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 127 000	10 046 000	8 619 000	8 343 000
Other Income	0	0	68 000	0
Revenue	10 127 000	10 046 000	8 687 000	8 343 000
Cost of Goods Sold	3 003 000	3 173 000	2 680 000	2 784 000
Salary Costs	2 897 000	3 011 000	1 978 000	2 661 000
Depreciation	97 000	276 000	271 000	215 000
Impairment	0	0	0	0
Expenditure	8 864 000	8 940 000	7 691 000	8 082 000
Operating Profit	1 263 000	1 106 000	996 000	261 000
Financial Income	10 000	20 000	19 000	16 000
Financial Costs	13 000	0	2 000	0
Financial Balance	−3 000	20 000	17 000	16 000
Dividends	600 000	800 000	500 000	0
Net Income	980 000	854 000	782 000	219 000

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	6 000	103 000	379 000	440 000
Total Tangible Assets	6 000	103 000	379 000	440 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	6 000	103 000	379 000	440 000
Stock	785 000	729 000	607 000	581 000
Total Investments	65 000	78 000	64 000	53 000
Cash, Bank	1 563 000	2 203 000	2 336 000	1 793 000
Total Current Assets	2 724 000	3 591 000	3 335 000	2 774 000
Total Assets	2 730 000	3 694 000	3 714 000	3 214 000
Total Equity	700 000	1 020 000	1 766 000	1 984 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	247 000	757 000	501 000	435 000
Unpaid Taxes	334 000	352 000	348 000	258 000
Dividends	600 000	800 000	500 000	0
Other Current Debt	570 000	491 000	368 000	478 000
Total Current Debt	2 031 000	2 674 000	1 948 000	1 230 000
Total Equity and Debt	2 730 000	3 694 000	3 714 000	3 214 000

Financial indicators	2022	2021	2020	2019
Return on Equity	140 %	83,73 %	44,28 %	11,04 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,47 %	11,01 %	11,47 %	3,13 %
Current Ratio	1,34	1,34	1,71	2,26
Quick Ratio	2,19	1,85	2,49	4,27
Equity Ratio	0,26	0,28	0,48	0,62
Gross Profit Margin	70,35 %	68,42 %	69,15 %	66,63 %