TANGEN KRISTIANSAND AS

4608 KRISTIANSAND S

Finances

Return on Equity

95,29 %

Current Ratio

2,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	129 413 000	410 092 000	453 492 000	430 786 000
Net Income	31 666 000	30 081 000	37 368 000	29 206 000
Total Assets	50 880 000	201 645 000	1 337 464 000	885 236 000
Total Equity	33 232 000	137 609 000	191 527 000	154 160 000

Income (NOK)	2022	2021	2020	2019
Revenue	129 413 000	410 092 000	453 492 000	430 786 000
Expenditure	89 102 000	369 877 000	405 430 000	392 919 000
Operating Profit	40 313 000	40 215 000	48 063 000	37 867 000
Financial Income	453 000	6 000	14 000	178 000
Financial Costs	124 000	1 654 000	170 000	603 000
Financial Balance	329 000	−1 648 000	−156 000	−425 000
Earnings Before Tax	40 642 000	38 567 000	47 907 000	37 443 000
Tax	8 976 000	8 485 000	10 540 000	8 237 000
Net Income	31 666 000	30 081 000	37 368 000	29 206 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	36 000	433 000	371 000	478 000
Total Current Assets	50 844 000	201 212 000	1 337 093 000	884 758 000
Total Assets	50 880 000	201 645 000	1 337 464 000	885 236 000
Total Retained Equity	32 251 000	112 585 000	166 504 000	129 137 000
Total Equity	33 232 000	137 609 000	191 527 000	154 160 000
Total Long-Term Debt	0	5 095 000	126 929 000	116 390 000
Total Current Debt	17 648 000	58 941 000	1 019 007 000	614 686 000
Total Equity and Debt	50 880 000	201 645 000	1 337 464 000	885 236 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	128 797 000	409 962 000	453 491 000	430 786 000
Other Income	616 000	131 000	1 000	0
Revenue	129 413 000	410 092 000	453 492 000	430 786 000
Cost of Goods Sold	83 628 000	360 174 000	400 606 000	384 443 000
Salary Costs	1 242 000	693 000	342 000	632 000
Depreciation	313 000	241 000	107 000	97 000
Impairment	0	0	0	0
Expenditure	89 102 000	369 877 000	405 430 000	392 919 000
Operating Profit	40 313 000	40 215 000	48 063 000	37 867 000
Financial Income	453 000	6 000	14 000	178 000
Financial Costs	124 000	1 654 000	170 000	603 000
Financial Balance	329 000	−1 648 000	−156 000	−425 000
Dividends	0	0	0	0
Net Income	31 666 000	30 081 000	37 368 000	29 206 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 000	0	0	0
Real Eastate	0	433 000	371 000	478 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	433 000	371 000	478 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	36 000	433 000	371 000	478 000
Stock	15 376 000	98 900 000	334 033 000	330 328 000
Total Investments	0	0	0	0
Cash, Bank	17 216 000	29 486 000	51 000	4 911 000
Total Current Assets	50 844 000	201 212 000	1 337 093 000	884 758 000
Total Assets	50 880 000	201 645 000	1 337 464 000	885 236 000
Total Equity	33 232 000	137 609 000	191 527 000	154 160 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 095 000	126 929 000	116 390 000
Creditors	198 000	128 000	11 785 000	56 991 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	3 342 000	5 993 000	8 618 000	5 072 000
Total Current Debt	17 648 000	58 941 000	1 019 007 000	614 686 000
Total Equity and Debt	50 880 000	201 645 000	1 337 464 000	885 236 000

Financial indicators	2022	2021	2020	2019
Return on Equity	95,29 %	21,86 %	19,51 %	18,95 %
Debt-to-Equity Ratio	0	0,04	0,66	0,75
Operating Profit Margin	31,15 %	9,81 %	10,6 %	8,79 %
Current Ratio	2,88	3,41	1,31	1,44
Quick Ratio	22,38	−5,04	1,95	3,11
Equity Ratio	0,65	0,68	0,14	0,17
Gross Profit Margin	35,38 %	12,17 %	11,66 %	10,76 %