TANGEN 12 - 14 AS

4072 RANDABERG

Finances

Share Ownership

Return on Equity

6,64 %

Current Ratio

0,69

Debt-to-Equity Ratio

1,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 989 000	2 010 000	2 229 000	2 677 000
Net Income	681 000	390 000	552 000	858 000
Total Assets	23 532 000	24 038 000	24 429 000	25 198 000
Total Equity	10 258 000	9 576 000	9 187 000	8 634 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 989 000	2 010 000	2 229 000	2 677 000
Expenditure	1 719 000	1 244 000	1 124 000	1 100 000
Operating Profit	1 270 000	766 000	1 105 000	1 577 000
Financial Income	7 000	7 000	8 000	8 000
Financial Costs	404 000	273 000	404 000	485 000
Financial Balance	−397 000	−266 000	−396 000	−477 000
Earnings Before Tax	874 000	500 000	708 000	1 100 000
Tax	192 000	110 000	156 000	242 000
Net Income	681 000	390 000	552 000	858 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 457 000	22 601 000	22 834 000	23 369 000
Total Current Assets	1 074 000	1 436 000	1 596 000	1 828 000
Total Assets	23 532 000	24 038 000	24 429 000	25 198 000
Total Retained Equity	2 868 000	2 186 000	1 796 000	1 244 000
Total Equity	10 258 000	9 576 000	9 187 000	8 634 000
Total Long-Term Debt	11 708 000	12 853 000	13 992 000	15 127 000
Total Current Debt	1 566 000	1 608 000	1 250 000	1 437 000
Total Equity and Debt	23 532 000	24 038 000	24 429 000	25 198 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 989 000	2 010 000	2 229 000	2 677 000
Other Income	0	0	0	0
Revenue	2 989 000	2 010 000	2 229 000	2 677 000
Cost of Goods Sold	678 000	295 000	168 000	238 000
Salary Costs	0	0	0	0
Depreciation	549 000	536 000	536 000	536 000
Impairment	0	0	0	0
Expenditure	1 719 000	1 244 000	1 124 000	1 100 000
Operating Profit	1 270 000	766 000	1 105 000	1 577 000
Financial Income	7 000	7 000	8 000	8 000
Financial Costs	404 000	273 000	404 000	485 000
Financial Balance	−397 000	−266 000	−396 000	−477 000
Dividends	0	0	0	0
Net Income	681 000	390 000	552 000	858 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	22 457 000	22 601 000	22 834 000	23 369 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	22 457 000	22 601 000	22 834 000	23 369 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	22 457 000	22 601 000	22 834 000	23 369 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	46 000	1 217 000	1 145 000	1 259 000
Total Current Assets	1 074 000	1 436 000	1 596 000	1 828 000
Total Assets	23 532 000	24 038 000	24 429 000	25 198 000
Total Equity	10 258 000	9 576 000	9 187 000	8 634 000
Short-Term Group Debt	684 000	684 000	684 000	684 000
Total Long-Term Debt	11 708 000	12 853 000	13 992 000	15 127 000
Creditors	124 000	543 000	33 000	41 000
Unpaid Taxes	25 000	0	80 000	87 000
Dividends	0	0	0	0
Other Current Debt	542 000	279 000	310 000	403 000
Total Current Debt	1 566 000	1 608 000	1 250 000	1 437 000
Total Equity and Debt	23 532 000	24 038 000	24 429 000	25 198 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,64 %	4,07 %	6,01 %	9,94 %
Debt-to-Equity Ratio	1,14	1,34	1,52	1,75
Operating Profit Margin	42,49 %	38,11 %	49,57 %	58,91 %
Current Ratio	0,69	0,89	1,28	1,27
Quick Ratio	0,69	0,89	1,28	1,27
Equity Ratio	0,44	0,4	0,38	0,34
Gross Profit Margin	77,32 %	85,32 %	92,46 %	91,11 %