NORDRE TANGEN AS

0758 OSLO

Finances

Share Ownership

Return on Equity

−2,86 %

Current Ratio

0,42

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	400 000	625 000	0	0
Net Income	−979 000	40 000	715 000	0
Total Assets	65 475 000	26 282 000	301 000	5 005 000
Total Equity	34 218 000	262 000	222 000	−494 000

Income (NOK)	2022	2021	2020
Revenue	400 000	625 000	0
Expenditure	1 402 000	574 000	7 000
Operating Profit	−1 002 000	52 000	−7 000
Financial Income	11 000	0	869 000
Financial Costs	0	0	75 000
Financial Balance	11 000	0	794 000
Earnings Before Tax	−991 000	52 000	788 000
Tax	−11 000	11 000	72 000
Net Income	−979 000	40 000	715 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	52 427 000	23 852 000	0	5 000 000
Total Current Assets	13 048 000	2 431 000	301 000	5 000
Total Assets	65 475 000	26 282 000	301 000	5 005 000
Total Retained Equity	−3 842 000	−2 863 000	−2 903 000	−3 618 000
Total Equity	34 218 000	262 000	222 000	−494 000
Total Long-Term Debt	0	5 011 000	0	5 499 000
Total Current Debt	31 257 000	21 009 000	79 000	0
Total Equity and Debt	65 475 000	26 282 000	301 000	5 005 000

Cash flow (NOK)	2022	2021	2020
Sales Income	354 000	625 000	0
Other Income	46 000	0	0
Revenue	400 000	625 000	0
Cost of Goods Sold	300 000	210 000	0
Salary Costs	0	0	0
Depreciation	275 000	23 000	0
Impairment	0	0	0
Expenditure	1 402 000	574 000	7 000
Operating Profit	−1 002 000	52 000	−7 000
Financial Income	11 000	0	869 000
Financial Costs	0	0	75 000
Financial Balance	11 000	0	794 000
Dividends	0	0	0
Net Income	−979 000	40 000	715 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	51 784 000	23 205 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	615 000	618 000	0	0
Total Tangible Assets	52 399 000	23 824 000	0	0
Total Fiancial Fixed Assets	28 000	28 000	0	5 000 000
Total Fixed Assets	52 427 000	23 852 000	0	5 000 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	9 902 000	1 533 000	296 000	0
Total Current Assets	13 048 000	2 431 000	301 000	5 000
Total Assets	65 475 000	26 282 000	301 000	5 005 000
Total Equity	34 218 000	262 000	222 000	−494 000
Short-Term Group Debt	27 118 000	17 787 000	0	0
Total Long-Term Debt	0	5 011 000	0	5 499 000
Creditors	4 139 000	3 185 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	37 000	7 000	0
Total Current Debt	31 257 000	21 009 000	79 000	0
Total Equity and Debt	65 475 000	26 282 000	301 000	5 005 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,86 %	15,27 %	322,07 %	−0 %
Debt-to-Equity Ratio	0	19,13	0	−11,13
Operating Profit Margin	−250,5 %	8,32 %	-	-
Current Ratio	0,42	0,12	3,81	-
Quick Ratio	0,42	0,12	3,81	-
Equity Ratio	0,52	0,01	0,74	−0,1
Gross Profit Margin	25 %	66,4 %	-	-