TANGVIK EIENDOM AS

8520 ANKENES

Finances

Return on Equity

−2,76 %

Current Ratio

26,14

Debt-to-Equity Ratio

0,8

Key figures (NOK)	2022	2021	2020	2019
Revenue	403 000	2 910 000	1 042 000	931 000
Net Income	−97 000	1 639 000	−171 000	242 000
Total Assets	6 405 000	6 650 000	10 031 000	10 019 000
Total Equity	3 517 000	3 614 000	1 976 000	2 147 000

Income (NOK)	2022	2021	2020	2019
Revenue	403 000	2 910 000	1 042 000	931 000
Expenditure	455 000	519 000	443 000	468 000
Operating Profit	−52 000	2 391 000	600 000	464 000
Financial Income	35 000	0	24 000	196 000
Financial Costs	108 000	553 000	813 000	368 000
Financial Balance	−73 000	−553 000	−789 000	−172 000
Earnings Before Tax	−124 000	1 838 000	−189 000	292 000
Tax	−27 000	199 000	−18 000	50 000
Net Income	−97 000	1 639 000	−171 000	242 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 732 000	4 791 000	9 929 000	9 942 000
Total Current Assets	1 673 000	1 860 000	103 000	76 000
Total Assets	6 405 000	6 650 000	10 031 000	10 019 000
Total Retained Equity	3 417 000	3 514 000	1 876 000	2 047 000
Total Equity	3 517 000	3 614 000	1 976 000	2 147 000
Total Long-Term Debt	2 824 000	2 905 000	7 447 000	7 043 000
Total Current Debt	64 000	131 000	608 000	828 000
Total Equity and Debt	6 405 000	6 650 000	10 031 000	10 019 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	2 000	1 000
Other Income	403 000	2 910 000	1 041 000	931 000
Revenue	403 000	2 910 000	1 042 000	931 000
Cost of Goods Sold	0	0	0	0
Salary Costs	16 000	32 000	−3 000	0
Depreciation	59 000	95 000	114 000	114 000
Impairment	0	0	0	0
Expenditure	455 000	519 000	443 000	468 000
Operating Profit	−52 000	2 391 000	600 000	464 000
Financial Income	35 000	0	24 000	196 000
Financial Costs	108 000	553 000	813 000	368 000
Financial Balance	−73 000	−553 000	−789 000	−172 000
Dividends	0	0	0	0
Net Income	−97 000	1 639 000	−171 000	242 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	4 230 000	4 274 000	9 133 000	9 232 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	6 000	21 000	36 000	51 000
Total Tangible Assets	4 236 000	4 295 000	9 169 000	9 282 000
Total Fiancial Fixed Assets	496 000	496 000	760 000	660 000
Total Fixed Assets	4 732 000	4 791 000	9 929 000	9 942 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 643 000	1 828 000	32 000	32 000
Total Current Assets	1 673 000	1 860 000	103 000	76 000
Total Assets	6 405 000	6 650 000	10 031 000	10 019 000
Total Equity	3 517 000	3 614 000	1 976 000	2 147 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 824 000	2 905 000	7 447 000	7 043 000
Creditors	29 000	24 000	21 000	30 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	18 000	587 000	748 000
Total Current Debt	64 000	131 000	608 000	828 000
Total Equity and Debt	6 405 000	6 650 000	10 031 000	10 019 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,76 %	45,35 %	−8,65 %	11,27 %
Debt-to-Equity Ratio	0,8	0,8	3,77	3,28
Operating Profit Margin	−12,9 %	82,16 %	57,58 %	49,84 %
Current Ratio	26,14	14,2	0,17	0,09
Quick Ratio	26,14	14,2	0,17	0,09
Equity Ratio	0,55	0,54	0,2	0,21
Gross Profit Margin	100 %	100 %	100 %	100 %