SNARVEIEN 1C AS

5542 KARMSUND

Finances

Share Ownership

Return on Equity

11,95 %

Current Ratio

7,77

Debt-to-Equity Ratio

1,73

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 099 000	7 263 000	4 600 000	753 000
Net Income	2 942 000	957 000	−686 000	−8 000
Total Assets	68 319 000	66 944 000	71 279 000	75 020 000
Total Equity	24 615 000	21 673 000	20 716 000	20 851 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 099 000	7 263 000	4 600 000	753 000
Expenditure	4 860 000	4 290 000	3 779 000	453 000
Operating Profit	2 239 000	2 974 000	821 000	299 000
Financial Income	3 303 000	3 000	15 000	18 000
Financial Costs	1 770 000	1 750 000	1 715 000	328 000
Financial Balance	1 533 000	−1 747 000	−1 700 000	−310 000
Earnings Before Tax	3 772 000	1 227 000	−879 000	−10 000
Tax	830 000	270 000	−193 000	−2 000
Net Income	2 942 000	957 000	−686 000	−8 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 658 000	61 117 000	63 427 000	65 973 000
Total Current Assets	9 661 000	5 827 000	7 852 000	9 047 000
Total Assets	68 319 000	66 944 000	71 279 000	75 020 000
Total Retained Equity	3 474 000	531 000	−426 000	260 000
Total Equity	24 615 000	21 673 000	20 716 000	20 851 000
Total Long-Term Debt	42 461 000	44 579 000	49 546 000	51 522 000
Total Current Debt	1 243 000	692 000	1 016 000	2 647 000
Total Equity and Debt	68 319 000	66 944 000	71 279 000	75 020 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	7 099 000	7 263 000	4 600 000	753 000
Revenue	7 099 000	7 263 000	4 600 000	753 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 519 000	2 511 000	2 505 000	414 000
Impairment	0	0	0	0
Expenditure	4 860 000	4 290 000	3 779 000	453 000
Operating Profit	2 239 000	2 974 000	821 000	299 000
Financial Income	3 303 000	3 000	15 000	18 000
Financial Costs	1 770 000	1 750 000	1 715 000	328 000
Financial Balance	1 533 000	−1 747 000	−1 700 000	−310 000
Dividends	0	0	0	0
Net Income	2 942 000	957 000	−686 000	−8 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	58 658 000	61 109 000	63 412 000	65 973 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	8 000	15 000	0
Total Tangible Assets	58 658 000	61 117 000	63 427 000	65 973 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	58 658 000	61 117 000	63 427 000	65 973 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	5 967 000	1 642 000	3 263 000	5 399 000
Total Current Assets	9 661 000	5 827 000	7 852 000	9 047 000
Total Assets	68 319 000	66 944 000	71 279 000	75 020 000
Total Equity	24 615 000	21 673 000	20 716 000	20 851 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	42 461 000	44 579 000	49 546 000	51 522 000
Creditors	206 000	248 000	950 000	2 647 000
Unpaid Taxes	105 000	104 000	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	67 000	0
Total Current Debt	1 243 000	692 000	1 016 000	2 647 000
Total Equity and Debt	68 319 000	66 944 000	71 279 000	75 020 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,95 %	4,42 %	−3,31 %	−0,04 %
Debt-to-Equity Ratio	1,73	2,06	2,39	2,47
Operating Profit Margin	31,54 %	40,95 %	17,85 %	39,71 %
Current Ratio	7,77	8,42	7,73	3,42
Quick Ratio	7,77	8,42	7,73	3,42
Equity Ratio	0,36	0,32	0,29	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %