TANGEN RESERVE AS

0256 OSLO

Finances

Return on Equity

−5,03 %

Current Ratio

6,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 060 000	1 353 000	1 349 000	1 749 000
Total Assets	24 183 000	27 940 000	28 504 000	30 056 000
Total Equity	21 055 000	22 115 000	20 762 000	19 413 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	91 000	92 000	93 000	74 000
Operating Profit	−91 000	−92 000	−93 000	−74 000
Financial Income	199 000	1 559 000	1 626 000	2 101 000
Financial Costs	1 280 000	35 000	48 000	38 000
Financial Balance	−1 081 000	1 524 000	1 578 000	2 063 000
Earnings Before Tax	−1 172 000	1 432 000	1 484 000	1 989 000
Tax	−112 000	79 000	136 000	240 000
Net Income	−1 060 000	1 353 000	1 349 000	1 749 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 942 000	3 124 000	3 390 000	3 672 000
Total Current Assets	21 241 000	24 816 000	25 114 000	26 384 000
Total Assets	24 183 000	27 940 000	28 504 000	30 056 000
Total Retained Equity	19 665 000	20 725 000	19 372 000	18 023 000
Total Equity	21 055 000	22 115 000	20 762 000	19 413 000
Total Long-Term Debt	0	0	96 000	51 000
Total Current Debt	3 128 000	5 825 000	7 645 000	10 592 000
Total Equity and Debt	24 183 000	27 940 000	28 504 000	30 056 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	91 000	92 000	93 000	74 000
Operating Profit	−91 000	−92 000	−93 000	−74 000
Financial Income	199 000	1 559 000	1 626 000	2 101 000
Financial Costs	1 280 000	35 000	48 000	38 000
Financial Balance	−1 081 000	1 524 000	1 578 000	2 063 000
Dividends	0	0	0	5 000 000
Net Income	−1 060 000	1 353 000	1 349 000	1 749 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	136 000	21 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 806 000	3 103 000	3 390 000	3 672 000
Total Fixed Assets	2 942 000	3 124 000	3 390 000	3 672 000
Stock	0	0	0	0
Total Investments	20 470 000	24 230 000	24 621 000	25 296 000
Cash, Bank	771 000	586 000	493 000	89 000
Total Current Assets	21 241 000	24 816 000	25 114 000	26 384 000
Total Assets	24 183 000	27 940 000	28 504 000	30 056 000
Total Equity	21 055 000	22 115 000	20 762 000	19 413 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	96 000	51 000
Creditors	1 000	0	10 000	9 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	5 000 000
Other Current Debt	3 125 000	5 628 000	7 545 000	5 394 000
Total Current Debt	3 128 000	5 825 000	7 645 000	10 592 000
Total Equity and Debt	24 183 000	27 940 000	28 504 000	30 056 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,03 %	6,12 %	6,5 %	9,01 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	6,79	4,26	3,29	2,49
Quick Ratio	6,79	4,26	3,29	2,49
Equity Ratio	0,87	0,79	0,73	0,65
Gross Profit Margin	-	-	-	-