SNORTHEIM INVEST AS

2030 NANNESTAD

Finances

Return on Equity

64,33 %

Current Ratio

2,09

Debt-to-Equity Ratio

0,88

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 000	205 000	10 000	0
Net Income	1 899 000	−148 000	−75 000	−155 000
Total Assets	5 793 000	4 130 000	5 651 000	3 071 000
Total Equity	2 952 000	1 053 000	1 201 000	1 276 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 000	205 000	10 000	0
Expenditure	58 000	210 000	49 000	91 000
Operating Profit	−2 000	−6 000	−39 000	−91 000
Financial Income	2 115 000	0	0	1 000
Financial Costs	214 000	143 000	36 000	65 000
Financial Balance	1 901 000	−143 000	−36 000	−64 000
Earnings Before Tax	1 899 000	−148 000	−75 000	−155 000
Tax	0	0	0	0
Net Income	1 899 000	−148 000	−75 000	−155 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 278 000	3 444 000	5 015 000	2 072 000
Total Current Assets	515 000	685 000	636 000	999 000
Total Assets	5 793 000	4 130 000	5 651 000	3 071 000
Total Retained Equity	2 829 000	931 000	1 079 000	1 153 000
Total Equity	2 952 000	1 053 000	1 201 000	1 276 000
Total Long-Term Debt	2 595 000	2 835 000	4 256 000	1 599 000
Total Current Debt	246 000	242 000	194 000	197 000
Total Equity and Debt	5 793 000	4 130 000	5 651 000	3 071 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	55 000	205 000	10 000	0
Revenue	55 000	205 000	10 000	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	210 000	49 000	91 000
Operating Profit	−2 000	−6 000	−39 000	−91 000
Financial Income	2 115 000	0	0	1 000
Financial Costs	214 000	143 000	36 000	65 000
Financial Balance	1 901 000	−143 000	−36 000	−64 000
Dividends	0	0	0	150 000
Net Income	1 899 000	−148 000	−75 000	−155 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 943 000	2 943 000	4 513 000	1 571 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	2 943 000	2 943 000	4 513 000	1 571 000
Total Fiancial Fixed Assets	2 335 000	502 000	502 000	502 000
Total Fixed Assets	5 278 000	3 444 000	5 015 000	2 072 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	515 000	685 000	636 000	999 000
Total Current Assets	515 000	685 000	636 000	999 000
Total Assets	5 793 000	4 130 000	5 651 000	3 071 000
Total Equity	2 952 000	1 053 000	1 201 000	1 276 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 595 000	2 835 000	4 256 000	1 599 000
Creditors	25 000	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	150 000
Other Current Debt	221 000	242 000	194 000	47 000
Total Current Debt	246 000	242 000	194 000	197 000
Total Equity and Debt	5 793 000	4 130 000	5 651 000	3 071 000

Financial indicators	2022	2021	2020	2019
Return on Equity	64,33 %	−14,06 %	−6,24 %	−12,15 %
Debt-to-Equity Ratio	0,88	2,69	3,54	1,25
Operating Profit Margin	−3,64 %	−2,93 %	−390 %	-
Current Ratio	2,09	2,83	3,28	5,07
Quick Ratio	2,09	2,83	3,28	5,07
Equity Ratio	0,51	0,25	0,21	0,42
Gross Profit Margin	100 %	100 %	100 %	-