TAPPEN AS

4770 HØVÅG

Finances

Return on Equity

−10,19 %

Current Ratio

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 282 000	8 504 000	6 941 000	11 379 000
Net Income	−765 000	−415 000	−551 000	−277 000
Total Assets	8 556 000	8 745 000	10 218 000	11 480 000
Total Equity	7 505 000	7 541 000	7 539 000	7 479 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 282 000	8 504 000	6 941 000	11 379 000
Expenditure	11 263 000	9 036 000	7 648 000	11 734 000
Operating Profit	−981 000	−532 000	−708 000	−356 000
Financial Income	0	1 000	2 000	3 000
Financial Costs	0	0	0	1 000
Financial Balance	0	1 000	2 000	2 000
Earnings Before Tax	−981 000	−531 000	−706 000	−355 000
Tax	−216 000	−117 000	−155 000	−78 000
Net Income	−765 000	−415 000	−551 000	−277 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 354 000	6 832 000	7 334 000	7 845 000
Total Current Assets	2 202 000	1 913 000	2 884 000	3 635 000
Total Assets	8 556 000	8 745 000	10 218 000	11 480 000
Total Retained Equity	−3 800 000	−3 035 000	−2 620 000	−2 069 000
Total Equity	7 505 000	7 541 000	7 539 000	7 479 000
Total Long-Term Debt	684 000	344 000	1 843 000	1 826 000
Total Current Debt	367 000	860 000	836 000	2 176 000
Total Equity and Debt	8 556 000	8 745 000	10 218 000	11 480 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 255 000	8 407 000	6 753 000	11 213 000
Other Income	27 000	97 000	188 000	166 000
Revenue	10 282 000	8 504 000	6 941 000	11 379 000
Cost of Goods Sold	8 792 000	6 957 000	5 757 000	9 047 000
Salary Costs	944 000	791 000	655 000	1 268 000
Depreciation	479 000	502 000	511 000	537 000
Impairment	0	0	0	0
Expenditure	11 263 000	9 036 000	7 648 000	11 734 000
Operating Profit	−981 000	−532 000	−708 000	−356 000
Financial Income	0	1 000	2 000	3 000
Financial Costs	0	0	0	1 000
Financial Balance	0	1 000	2 000	2 000
Dividends	0	0	0	0
Net Income	−765 000	−415 000	−551 000	−277 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	5 970 000	6 332 000	6 694 000	7 056 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	383 000	500 000	640 000	789 000
Total Tangible Assets	6 353 000	6 832 000	7 334 000	7 845 000
Total Fiancial Fixed Assets	1 000	0	0	0
Total Fixed Assets	6 354 000	6 832 000	7 334 000	7 845 000
Stock	788 000	697 000	825 000	1 044 000
Total Investments	0	0	0	0
Cash, Bank	400 000	619 000	508 000	607 000
Total Current Assets	2 202 000	1 913 000	2 884 000	3 635 000
Total Assets	8 556 000	8 745 000	10 218 000	11 480 000
Total Equity	7 505 000	7 541 000	7 539 000	7 479 000
Short-Term Group Debt	0	0	0	633 000
Total Long-Term Debt	684 000	344 000	1 843 000	1 826 000
Creditors	111 000	509 000	364 000	229 000
Unpaid Taxes	60 000	142 000	85 000	159 000
Dividends	0	0	0	0
Other Current Debt	197 000	209 000	387 000	1 155 000
Total Current Debt	367 000	860 000	836 000	2 176 000
Total Equity and Debt	8 556 000	8 745 000	10 218 000	11 480 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,19 %	−5,5 %	−7,31 %	−3,7 %
Debt-to-Equity Ratio	0,09	0,05	0,24	0,24
Operating Profit Margin	−9,54 %	−6,26 %	−10,2 %	−3,13 %
Current Ratio	6	2,22	3,45	1,67
Quick Ratio	−5,23	11,74	262,18	3,21
Equity Ratio	0,88	0,86	0,74	0,65
Gross Profit Margin	14,49 %	18,19 %	17,06 %	20,49 %