TANGO AKADEMIET AS

3915 PORSGRUNN

Finances

Share Ownership

Return on Equity

−71,61 %

Current Ratio

6,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	577 000	1 094 000	1 077 000	781 000
Net Income	−507 000	−189 000	−66 000	−160 000
Total Assets	830 000	873 000	745 000	848 000
Total Equity	708 000	701 000	615 000	681 000

Income (NOK)	2022	2021	2020	2019
Revenue	577 000	1 094 000	1 077 000	781 000
Expenditure	1 227 000	1 336 000	1 161 000	986 000
Operating Profit	−650 000	−242 000	−84 000	−206 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	1 000
Earnings Before Tax	−650 000	−242 000	−84 000	−205 000
Tax	−143 000	−53 000	−19 000	−45 000
Net Income	−507 000	−189 000	−66 000	−160 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	8 000	10 000	34 000	16 000
Total Current Assets	822 000	863 000	711 000	833 000
Total Assets	830 000	873 000	745 000	848 000
Total Retained Equity	0	0	0	0
Total Equity	708 000	701 000	615 000	681 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	122 000	173 000	130 000	168 000
Total Equity and Debt	830 000	873 000	745 000	848 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	577 000	1 094 000	1 077 000	781 000
Other Income	0	0	0	0
Revenue	577 000	1 094 000	1 077 000	781 000
Cost of Goods Sold	100 000	234 000	261 000	110 000
Salary Costs	720 000	717 000	586 000	514 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 227 000	1 336 000	1 161 000	986 000
Operating Profit	−650 000	−242 000	−84 000	−206 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	1 000
Dividends	0	0	0	0
Net Income	−507 000	−189 000	−66 000	−160 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	10 000	34 000	16 000
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	0	0	0	0
Total Fixed Assets	8 000	10 000	34 000	16 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	148 000	49 000	232 000	108 000
Total Current Assets	822 000	863 000	711 000	833 000
Total Assets	830 000	873 000	745 000	848 000
Total Equity	708 000	701 000	615 000	681 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	60 000	0	80 000
Unpaid Taxes	48 000	48 000	46 000	36 000
Dividends	0	0	0	0
Other Current Debt	68 000	64 000	85 000	52 000
Total Current Debt	122 000	173 000	130 000	168 000
Total Equity and Debt	830 000	873 000	745 000	848 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−71,61 %	−26,96 %	−10,73 %	−23,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−112,65 %	−22,12 %	−7,8 %	−26,38 %
Current Ratio	6,74	4,99	5,47	4,96
Quick Ratio	6,74	4,99	5,47	4,96
Equity Ratio	0,85	0,8	0,83	0,8
Gross Profit Margin	82,67 %	78,61 %	75,77 %	85,92 %