TANGEN 8 AS

4072 RANDABERG

Finances

Share Ownership

Return on Equity

−3,83 %

Current Ratio

2,41

Debt-to-Equity Ratio

1,32

Key figures (NOK)	2022	2021	2020	2019
Revenue	720 000	1 590 000	1 193 000	1 590 000
Net Income	−57 000	519 000	344 000	627 000
Total Assets	3 806 000	9 286 000	4 908 000	6 075 000
Total Equity	1 487 000	1 487 000	1 490 000	1 489 000

Income (NOK)	2022	2021	2020	2019
Revenue	720 000	1 590 000	1 193 000	1 590 000
Expenditure	588 000	760 000	581 000	614 000
Operating Profit	132 000	830 000	611 000	976 000
Financial Income	0	0	0	0
Financial Costs	205 000	165 000	170 000	172 000
Financial Balance	−205 000	−165 000	−170 000	−172 000
Earnings Before Tax	−73 000	665 000	441 000	804 000
Tax	−16 000	146 000	97 000	177 000
Net Income	−57 000	519 000	344 000	627 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 955 000	9 117 000	4 894 000	6 063 000
Total Current Assets	851 000	169 000	13 000	12 000
Total Assets	3 806 000	9 286 000	4 908 000	6 075 000
Total Retained Equity	0	0	3 000	2 000
Total Equity	1 487 000	1 487 000	1 490 000	1 489 000
Total Long-Term Debt	1 966 000	6 638 000	2 868 000	3 231 000
Total Current Debt	353 000	1 160 000	550 000	1 354 000
Total Equity and Debt	3 806 000	9 286 000	4 908 000	6 075 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	1 590 000
Other Income	720 000	1 590 000	1 193 000	0
Revenue	720 000	1 590 000	1 193 000	1 590 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	471 000	471 000	471 000	471 000
Impairment	0	0	0	0
Expenditure	588 000	760 000	581 000	614 000
Operating Profit	132 000	830 000	611 000	976 000
Financial Income	0	0	0	0
Financial Costs	205 000	165 000	170 000	172 000
Financial Balance	−205 000	−165 000	−170 000	−172 000
Dividends	0	0	0	0
Net Income	−57 000	519 000	344 000	627 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	620 000	556 000	495 000	437 000
Real Eastate	2 336 000	2 807 000	3 278 000	3 749 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 336 000	2 807 000	3 278 000	3 749 000
Total Fiancial Fixed Assets	0	5 754 000	1 121 000	1 876 000
Total Fixed Assets	2 955 000	9 117 000	4 894 000	6 063 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 000	58 000	1 000	1 000
Total Current Assets	851 000	169 000	13 000	12 000
Total Assets	3 806 000	9 286 000	4 908 000	6 075 000
Total Equity	1 487 000	1 487 000	1 490 000	1 489 000
Short-Term Group Debt	0	729 000	440 000	1 052 000
Total Long-Term Debt	1 966 000	6 638 000	2 868 000	3 231 000
Creditors	170 000	106 000	47 000	104 000
Unpaid Taxes	29 000	171 000	5 000	199 000
Dividends	0	0	0	0
Other Current Debt	155 000	155 000	0	0
Total Current Debt	353 000	1 160 000	550 000	1 354 000
Total Equity and Debt	3 806 000	9 286 000	4 908 000	6 075 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,83 %	34,9 %	23,09 %	42,11 %
Debt-to-Equity Ratio	1,32	4,46	1,92	2,17
Operating Profit Margin	18,33 %	52,2 %	51,22 %	61,38 %
Current Ratio	2,41	0,15	0,02	0,01
Quick Ratio	2,41	0,15	0,02	0,01
Equity Ratio	0,39	0,16	0,3	0,25
Gross Profit Margin	100 %	100 %	100 %	100 %