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FARNES & TANGEN AS
AS
Active
Org 911588668
Lille Huseby Vei 1B, 0377 Oslo
Engroshandel med skipsutstyr og fiskeredskap · NACE 46692
Est. 1982
0 employees
www.farnes-tangen.no
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Overview
Financials
People & ownership
Related companies
Revenue 2018
NOK 2,2M
-30% vs 2017
EBITDA margin
7.0%
+150% vs 2017
Equity ratio
-959.5%
Financial strength
Net profit 2018
NOK 134K
+143% vs 2017
EBITDA — year on year
NOK millions
1M
1M
1M
0M
0M
0M
2014
0M
0%
2015
1M
+100%
2016
0M
-100%
2017
0M
0%
2018
Key figures
Annual report 2018
Revenue
NOK 2,2M
-30%
EBITDA
NOK 151K
+150%
Net profit
NOK 134K
+143%
Total assets
NOK 32K
+244%
Equity
NOK -310K
+30%
Employees
0
—
Company information
Legal name
FARNES & TANGEN AS
Org number
911588668
Legal form
Aksjeselskap
NACE code
46692 · Engroshandel med skipsutstyr og fiskeredskap
Founded
7. januar 1982
Share capital
NOK 30 100 000
Employees
0
VAT registered
No
Audit selected
No
Last report
2018-12-31
Financial year
January – December
Contact
Address
Lille Huseby Vei 1B, 0377 Oslo
Website
www.farnes-tangen.no
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Companies in Engroshandel med skipsutstyr og fiskeredskap
Companies in Oslo
All Norway companies
Revenue
NOK millions
0M
1M
2M
3M
5M
3M
2014
2M
2015
4M
2016
3M
2017
2M
2018
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2014
0M
2015
1M
2016
0M
2017
0M
2018
Income statement
NOK thousands
Item
2014
2015
2016
2017
2018
Revenue
3 165
2 176
3 554
3 093
2 171
Staff expenses
−621
−452
−385
−618
−510
EBITDA
−103
−206
718
−303
151
Depreciation & amort.
−0
−0
−0
−0
−0
EBIT
−103
−206
718
−303
151
Net financials
−53
−4
−30
−10
−17
Profit before tax
−156
−210
688
−313
134
Tax
−0
−0
−0
−0
−0
Net profit
−156
−210
688
−313
134
Balance sheet
NOK thousands
Item
2014
2015
2016
2017
2018
Total assets
505
353
998
−22
32
Equity
−609
−819
−131
−444
−310
Long-term debt
0
120
120
0
0
Short-term debt
1 114
1 052
1 009
421
342
Total debt
1 114
1 172
1 129
421
342
Financial ratios
5-year trend
EBITDA margin
7.0%
This company
15.8%
Market median
-56% vs market
2014
2018
Equity ratio
-959.5%
This company
38.2%
Market median
-2612% vs market
2014
2018
Return on equity
13400300.0%
This company
18.4%
Market median
+72827617% vs market
2014
2018
Net profit margin
6.2%
This company
8.1%
Market median
-23% vs market
2014
2018
Asset turnover
67.25×
This company
1.12×
Market median
+5904% vs market
2014
2018
Debt / equity
1.10×
This company
0.62×
Market median
-77% vs market
2014
2018
Annual reports & filings
Annual report 2018
Filed via Brønnøysundsregistrene · Period 2018-01-01 – 2018-12-31
View
PDF
Annual report 2017
Filed via Brønnøysundsregistrene · Period 2017-01-01 – 2017-12-31
View
PDF
Annual report 2016
Filed via Brønnøysundsregistrene · Period 2016-01-01 – 2016-12-31
View
PDF
Annual report 2015
Filed via Brønnøysundsregistrene · Period 2015-01-01 – 2015-12-31
View
PDF
Annual report 2014
Filed via Brønnøysundsregistrene · Period 2014-01-01 – 2014-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Former (1)
HJ
Hans Jacob Warncke-Wang
Deputy Member
Deputy Member
2013 – 2013
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
PA
Pål Arthur Lie
Chairman
2013
Former (1)
HG
Hans Gotfred Warncke-Wang
Board of Directors
2013 – 2013
Shareholders
As of last annual report
No shareholder data available.
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Company hierarchy
No registered parent or subsidiaries
Board network connections
Board members of FARNES & TANGEN AS also hold positions in
0
other companies.
Person
Role here
Other companies
Hans Jacob Warncke-Wang
Deputy Member
0 companies
Pål Arthur Lie
Chairman
0 companies
Hans Gotfred Warncke-Wang
Board of Directors
0 companies