SNÖ TRUE NORTH AS

0250 OSLO

Finances

Return on Equity

1,84 %

Current Ratio

5,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 011 000	0	0	0
Net Income	1 713 000	−1 522 000	−2 902 000	−1 063 000
Total Assets	93 336 000	88 332 000	75 534 000	31 046 000
Total Equity	93 002 000	88 298 000	74 990 000	31 046 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 011 000	0	0	0
Expenditure	1 298 000	1 522 000	2 903 000	986 000
Operating Profit	1 713 000	−1 522 000	−2 903 000	−986 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	78 000
Financial Balance	0	0	1 000	−77 000
Earnings Before Tax	1 713 000	−1 522 000	−2 902 000	−1 063 000
Tax	0	0	0	0
Net Income	1 713 000	−1 522 000	−2 902 000	−1 063 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	91 585 000	78 573 000	51 343 000	28 912 000
Total Current Assets	1 751 000	9 759 000	24 191 000	2 133 000
Total Assets	93 336 000	88 332 000	75 534 000	31 046 000
Total Retained Equity	−4 197 000	−5 910 000	−4 388 000	−1 486 000
Total Equity	93 002 000	88 298 000	74 990 000	31 046 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	333 000	34 000	544 000	0
Total Equity and Debt	93 336 000	88 332 000	75 534 000	31 046 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 011 000	0	0	0
Other Income	0	0	0	0
Revenue	3 011 000	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	34 000	34 000	42 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 298 000	1 522 000	2 903 000	986 000
Operating Profit	1 713 000	−1 522 000	−2 903 000	−986 000
Financial Income	0	0	1 000	1 000
Financial Costs	0	0	0	78 000
Financial Balance	0	0	1 000	−77 000
Dividends	0	0	0	0
Net Income	1 713 000	−1 522 000	−2 902 000	−1 063 000

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	91 585 000	78 573 000	51 343 000	28 912 000
Total Fixed Assets	91 585 000	78 573 000	51 343 000	28 912 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 399 000	9 499 000	23 698 000	2 133 000
Total Current Assets	1 751 000	9 759 000	24 191 000	2 133 000
Total Assets	93 336 000	88 332 000	75 534 000	31 046 000
Total Equity	93 002 000	88 298 000	74 990 000	31 046 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	249 000	0	502 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	85 000	34 000	42 000	0
Total Current Debt	333 000	34 000	544 000	0
Total Equity and Debt	93 336 000	88 332 000	75 534 000	31 046 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,84 %	−1,72 %	−3,87 %	−3,42 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	56,89 %	-	-	-
Current Ratio	5,26	287,03	44,47	-
Quick Ratio	5,26	287,03	44,47	-
Equity Ratio	1	1	0,99	1
Gross Profit Margin	100 %	-	-	-