SNITT REKLAMEBYRÅ AS

5706 VOSS

Finances

Return on Equity

9,4 %

Current Ratio

1,3

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 197 000	2 172 000	1 879 000	1 497 000
Net Income	25 000	13 000	46 000	−18 000
Total Assets	824 000	649 000	587 000	496 000
Total Equity	266 000	241 000	228 000	181 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 197 000	2 172 000	1 879 000	1 497 000
Expenditure	3 164 000	2 153 000	1 819 000	1 520 000
Operating Profit	33 000	18 000	59 000	−23 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	33 000	18 000	59 000	−23 000
Tax	7 000	5 000	13 000	−5 000
Net Income	25 000	13 000	46 000	−18 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	98 000	98 000	48 000	14 000
Total Current Assets	726 000	551 000	539 000	483 000
Total Assets	824 000	649 000	587 000	496 000
Total Retained Equity	216 000	191 000	178 000	131 000
Total Equity	266 000	241 000	228 000	181 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	558 000	408 000	359 000	315 000
Total Equity and Debt	824 000	649 000	587 000	496 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 197 000	2 172 000	1 879 000	1 497 000
Other Income	0	0	0	0
Revenue	3 197 000	2 172 000	1 879 000	1 497 000
Cost of Goods Sold	406 000	256 000	232 000	260 000
Salary Costs	2 245 000	1 684 000	1 299 000	1 010 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	3 164 000	2 153 000	1 819 000	1 520 000
Operating Profit	33 000	18 000	59 000	−23 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	25 000	13 000	46 000	−18 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	1 000	1 000	14 000
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	98 000	98 000	48 000	0
Total Fixed Assets	98 000	98 000	48 000	14 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	398 000	218 000	241 000	146 000
Total Current Assets	726 000	551 000	539 000	483 000
Total Assets	824 000	649 000	587 000	496 000
Total Equity	266 000	241 000	228 000	181 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	16 000	19 000	27 000	26 000
Unpaid Taxes	271 000	160 000	179 000	176 000
Dividends	0	0	0	0
Other Current Debt	264 000	224 000	154 000	113 000
Total Current Debt	558 000	408 000	359 000	315 000
Total Equity and Debt	824 000	649 000	587 000	496 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,4 %	5,39 %	20,18 %	−9,94 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,03 %	0,83 %	3,14 %	−1,54 %
Current Ratio	1,3	1,35	1,5	1,53
Quick Ratio	1,3	1,35	1,5	1,53
Equity Ratio	0,32	0,37	0,39	0,36
Gross Profit Margin	87,3 %	88,21 %	87,65 %	82,63 %