SNARVEIEN 4 AS

4007 STAVANGER

Finances

Share Ownership

Return on Equity

18,34 %

Current Ratio

0,61

Debt-to-Equity Ratio

2,26

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 148 000	883 000	805 000	674 000
Net Income	644 000	173 000	−3 926 000	7 265 000
Total Assets	11 977 000	12 460 000	12 540 000	16 667 000
Total Equity	3 511 000	5 493 000	5 492 000	9 418 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 148 000	883 000	805 000	674 000
Expenditure	215 000	468 000	236 000	130 000
Operating Profit	933 000	415 000	570 000	544 000
Financial Income	40 000	6 000	5 000	7 025 000
Financial Costs	209 000	199 000	4 427 000	256 000
Financial Balance	−169 000	−193 000	−4 422 000	6 769 000
Earnings Before Tax	764 000	221 000	−3 853 000	7 313 000
Tax	120 000	49 000	73 000	48 000
Net Income	644 000	173 000	−3 926 000	7 265 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 642 000	12 436 000	11 607 000	16 562 000
Total Current Assets	335 000	25 000	933 000	106 000
Total Assets	11 977 000	12 460 000	12 540 000	16 667 000
Total Retained Equity	1 120 000	3 102 000	3 104 000	7 030 000
Total Equity	3 511 000	5 493 000	5 492 000	9 418 000
Total Long-Term Debt	7 920 000	6 677 000	6 923 000	7 155 000
Total Current Debt	546 000	290 000	125 000	94 000
Total Equity and Debt	11 977 000	12 460 000	12 540 000	16 667 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 148 000	883 000	805 000	674 000
Revenue	1 148 000	883 000	805 000	674 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	12 000	11 000	0	0
Impairment	0	0	0	0
Expenditure	215 000	468 000	236 000	130 000
Operating Profit	933 000	415 000	570 000	544 000
Financial Income	40 000	6 000	5 000	7 025 000
Financial Costs	209 000	199 000	4 427 000	256 000
Financial Balance	−169 000	−193 000	−4 422 000	6 769 000
Dividends	2 200 000	0	0	0
Net Income	644 000	173 000	−3 926 000	7 265 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 123 000	12 226 000	11 607 000	9 377 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	37 000	50 000	0	0
Total Tangible Assets	10 160 000	12 276 000	11 607 000	9 377 000
Total Fiancial Fixed Assets	1 482 000	160 000	0	7 184 000
Total Fixed Assets	11 642 000	12 436 000	11 607 000	16 562 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	324 000	25 000	919 000	89 000
Total Current Assets	335 000	25 000	933 000	106 000
Total Assets	11 977 000	12 460 000	12 540 000	16 667 000
Total Equity	3 511 000	5 493 000	5 492 000	9 418 000
Short-Term Group Debt	546 000	220 000	0	0
Total Long-Term Debt	7 920 000	6 677 000	6 923 000	7 155 000
Creditors	0	33 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	2 200 000	0	0	0
Other Current Debt	0	37 000	52 000	46 000
Total Current Debt	546 000	290 000	125 000	94 000
Total Equity and Debt	11 977 000	12 460 000	12 540 000	16 667 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,34 %	3,15 %	−71,49 %	77,14 %
Debt-to-Equity Ratio	2,26	1,22	1,26	0,76
Operating Profit Margin	81,27 %	47 %	70,81 %	80,71 %
Current Ratio	0,61	0,09	7,46	1,13
Quick Ratio	0,61	0,09	7,46	1,13
Equity Ratio	0,29	0,44	0,44	0,57
Gross Profit Margin	100 %	100 %	100 %	100 %