TANGEN MASKIN AS

6475 MIDSUND

Finances

Share Ownership

Return on Equity

512,36 %

Current Ratio

1,7

Debt-to-Equity Ratio

−26,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 559 000	3 953 000	4 270 000	3 334 000
Net Income	−456 000	7 000	560 000	−78 000
Total Assets	3 504 000	3 475 000	3 692 000	2 374 000
Total Equity	−89 000	367 000	359 000	−201 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 559 000	3 953 000	4 270 000	3 334 000
Expenditure	5 036 000	3 849 000	3 451 000	3 323 000
Operating Profit	−477 000	103 000	819 000	11 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	108 000	93 000	100 000	112 000
Financial Balance	−107 000	−93 000	−99 000	−111 000
Earnings Before Tax	−584 000	10 000	720 000	−100 000
Tax	−128 000	3 000	160 000	−22 000
Net Income	−456 000	7 000	560 000	−78 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 461 000	1 321 000	1 003 000	1 119 000
Total Current Assets	2 043 000	2 154 000	2 689 000	1 255 000
Total Assets	3 504 000	3 475 000	3 692 000	2 374 000
Total Retained Equity	−401 000	55 000	47 000	−513 000
Total Equity	−89 000	367 000	359 000	−201 000
Total Long-Term Debt	2 392 000	2 473 000	2 015 000	2 070 000
Total Current Debt	1 201 000	635 000	1 317 000	505 000
Total Equity and Debt	3 504 000	3 475 000	3 692 000	2 374 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 445 000	3 363 000	3 539 000	3 147 000
Other Income	114 000	590 000	730 000	187 000
Revenue	4 559 000	3 953 000	4 270 000	3 334 000
Cost of Goods Sold	1 417 000	986 000	1 005 000	774 000
Salary Costs	1 786 000	1 269 000	1 172 000	1 188 000
Depreciation	133 000	123 000	110 000	96 000
Impairment	0	0	0	0
Expenditure	5 036 000	3 849 000	3 451 000	3 323 000
Operating Profit	−477 000	103 000	819 000	11 000
Financial Income	1 000	0	1 000	1 000
Financial Costs	108 000	93 000	100 000	112 000
Financial Balance	−107 000	−93 000	−99 000	−111 000
Dividends	0	0	0	0
Net Income	−456 000	7 000	560 000	−78 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	180 000	52 000	55 000	215 000
Real Eastate	888 000	961 000	631 000	704 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	392 000	307 000	318 000	200 000
Total Tangible Assets	1 280 000	1 269 000	948 000	904 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 461 000	1 321 000	1 003 000	1 119 000
Stock	508 000	350 000	313 000	331 000
Total Investments	0	0	0	0
Cash, Bank	443 000	369 000	1 236 000	801 000
Total Current Assets	2 043 000	2 154 000	2 689 000	1 255 000
Total Assets	3 504 000	3 475 000	3 692 000	2 374 000
Total Equity	−89 000	367 000	359 000	−201 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 392 000	2 473 000	2 015 000	2 070 000
Creditors	722 000	198 000	917 000	155 000
Unpaid Taxes	201 000	262 000	218 000	224 000
Dividends	0	0	0	0
Other Current Debt	278 000	174 000	182 000	126 000
Total Current Debt	1 201 000	635 000	1 317 000	505 000
Total Equity and Debt	3 504 000	3 475 000	3 692 000	2 374 000

Financial indicators	2022	2021	2020	2019
Return on Equity	512,36 %	1,91 %	155,99 %	38,81 %
Debt-to-Equity Ratio	−26,88	6,74	5,61	−10,3
Operating Profit Margin	−10,46 %	2,61 %	19,18 %	0,33 %
Current Ratio	1,7	3,39	2,04	2,49
Quick Ratio	2,95	7,56	2,68	7,21
Equity Ratio	−0,03	0,11	0,1	−0,08
Gross Profit Margin	68,92 %	75,06 %	76,46 %	76,78 %