TANGEN GARVERIET AS

4608 KRISTIANSAND S

Finances

Return on Equity

302,89 %

Current Ratio

9,82

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	20 636 000	15 469 000	−31 000	−73 000
Total Assets	6 824 000	11 241 000	11 154 000	11 172 000
Total Equity	6 813 000	11 226 000	6 317 000	6 349 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	58 000	50 000	31 000	73 000
Operating Profit	−58 000	−50 000	−31 000	−73 000
Financial Income	20 695 000	15 519 000	0	0
Financial Costs	0	0	0	0
Financial Balance	20 695 000	15 519 000	0	0
Earnings Before Tax	20 636 000	15 469 000	−31 000	−73 000
Tax	0	0	0	0
Net Income	20 636 000	15 469 000	−31 000	−73 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 716 000	11 151 000	11 151 000	11 151 000
Total Current Assets	108 000	91 000	4 000	21 000
Total Assets	6 824 000	11 241 000	11 154 000	11 172 000
Total Retained Equity	6 713 000	11 126 000	6 217 000	6 249 000
Total Equity	6 813 000	11 226 000	6 317 000	6 349 000
Total Long-Term Debt	0	0	4 800 000	4 800 000
Total Current Debt	11 000	15 000	37 000	23 000
Total Equity and Debt	6 824 000	11 241 000	11 154 000	11 172 000

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	58 000	50 000	31 000	73 000
Operating Profit	−58 000	−50 000	−31 000	−73 000
Financial Income	20 695 000	15 519 000	0	0
Financial Costs	0	0	0	0
Financial Balance	20 695 000	15 519 000	0	0
Dividends	0	10 560 000	0	0
Net Income	20 636 000	15 469 000	−31 000	−73 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	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	6 716 000	11 151 000	11 151 000	11 151 000
Total Fixed Assets	6 716 000	11 151 000	11 151 000	11 151 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	108 000	91 000	4 000	21 000
Total Current Assets	108 000	91 000	4 000	21 000
Total Assets	6 824 000	11 241 000	11 154 000	11 172 000
Total Equity	6 813 000	11 226 000	6 317 000	6 349 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	4 800 000	4 800 000
Creditors	11 000	15 000	17 000	23 000
Unpaid Taxes	0	0	0	0
Dividends	0	10 560 000	0	0
Other Current Debt	0	0	20 000	0
Total Current Debt	11 000	15 000	37 000	23 000
Total Equity and Debt	6 824 000	11 241 000	11 154 000	11 172 000

Financial indicators	2022	2021	2020	2019
Return on Equity	302,89 %	137,8 %	−0,49 %	−1,15 %
Debt-to-Equity Ratio	0	0	0,76	0,76
Operating Profit Margin	-	-	-	-
Current Ratio	9,82	6,07	0,11	0,91
Quick Ratio	9,82	6,07	0,11	0,91
Equity Ratio	1	1	0,57	0,57
Gross Profit Margin	-	-	-	-