MASKINENTREPRENØR PER OTTO TANGEN AS

3512 HØNEFOSS

Finances

Share Ownership

Return on Equity

−3,61 %

Current Ratio

0,81

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 917 000	3 451 000	3 043 000	2 915 000
Net Income	−37 000	375 000	169 000	351 000
Total Assets	1 915 000	2 064 000	1 887 000	1 906 000
Total Equity	1 026 000	1 063 000	688 000	520 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 917 000	3 451 000	3 043 000	2 915 000
Expenditure	2 952 000	2 964 000	2 815 000	2 458 000
Operating Profit	−36 000	487 000	228 000	457 000
Financial Income	0	0	2 000	0
Financial Costs	12 000	6 000	14 000	17 000
Financial Balance	−12 000	−6 000	−12 000	−17 000
Earnings Before Tax	−48 000	481 000	216 000	440 000
Tax	−10 000	106 000	48 000	89 000
Net Income	−37 000	375 000	169 000	351 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 294 000	965 000	755 000	993 000
Total Current Assets	621 000	1 100 000	1 132 000	913 000
Total Assets	1 915 000	2 064 000	1 887 000	1 906 000
Total Retained Equity	995 000	1 032 000	657 000	488 000
Total Equity	1 026 000	1 063 000	688 000	520 000
Total Long-Term Debt	123 000	153 000	171 000	229 000
Total Current Debt	765 000	849 000	1 028 000	1 158 000
Total Equity and Debt	1 915 000	2 064 000	1 887 000	1 906 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 848 000	3 242 000	3 034 000	2 326 000
Other Income	70 000	209 000	9 000	590 000
Revenue	2 917 000	3 451 000	3 043 000	2 915 000
Cost of Goods Sold	684 000	794 000	666 000	498 000
Salary Costs	994 000	1 081 000	987 000	901 000
Depreciation	248 000	229 000	217 000	192 000
Impairment	0	0	0	0
Expenditure	2 952 000	2 964 000	2 815 000	2 458 000
Operating Profit	−36 000	487 000	228 000	457 000
Financial Income	0	0	2 000	0
Financial Costs	12 000	6 000	14 000	17 000
Financial Balance	−12 000	−6 000	−12 000	−17 000
Dividends	0	0	0	0
Net Income	−37 000	375 000	169 000	351 000

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	1 056 000	843 000	530 000	638 000
Total Tangible Assets	1 056 000	843 000	530 000	638 000
Total Fiancial Fixed Assets	238 000	121 000	225 000	356 000
Total Fixed Assets	1 294 000	965 000	755 000	993 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	196 000	721 000	877 000	578 000
Total Current Assets	621 000	1 100 000	1 132 000	913 000
Total Assets	1 915 000	2 064 000	1 887 000	1 906 000
Total Equity	1 026 000	1 063 000	688 000	520 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	123 000	153 000	171 000	229 000
Creditors	54 000	87 000	84 000	64 000
Unpaid Taxes	141 000	156 000	175 000	163 000
Dividends	0	0	0	0
Other Current Debt	569 000	526 000	704 000	930 000
Total Current Debt	765 000	849 000	1 028 000	1 158 000
Total Equity and Debt	1 915 000	2 064 000	1 887 000	1 906 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,61 %	35,28 %	24,56 %	67,5 %
Debt-to-Equity Ratio	0,12	0,14	0,25	0,44
Operating Profit Margin	−1,23 %	14,11 %	7,49 %	15,68 %
Current Ratio	0,81	1,3	1,1	0,79
Quick Ratio	0,81	1,3	1,1	0,79
Equity Ratio	0,54	0,52	0,36	0,27
Gross Profit Margin	76,55 %	76,99 %	78,11 %	82,92 %