SNAKEHIPS MUSIC & DESIGN AS

3474 ÅROS

Finances

Share Ownership

Return on Equity

1 125 %

Current Ratio

0,54

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	649 000	405 000	473 000	390 000
Net Income	−45 000	19 000	−60 000	114 000
Total Assets	108 000	98 000	102 000	128 000
Total Equity	−4 000	41 000	22 000	82 000

Income (NOK)	2022	2021	2020	2019
Revenue	649 000	405 000	473 000	390 000
Expenditure	709 000	381 000	550 000	269 000
Operating Profit	−59 000	24 000	−77 000	120 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	0	−1 000
Earnings Before Tax	−60 000	24 000	−77 000	120 000
Tax	−15 000	5 000	−17 000	5 000
Net Income	−45 000	19 000	−60 000	114 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	48 000	10 000	23 000	21 000
Total Current Assets	60 000	88 000	78 000	107 000
Total Assets	108 000	98 000	102 000	128 000
Total Retained Equity	−34 000	11 000	−8 000	52 000
Total Equity	−4 000	41 000	22 000	82 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	112 000	57 000	80 000	45 000
Total Equity and Debt	108 000	98 000	102 000	128 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	649 000	405 000	473 000	390 000
Other Income	0	0	0	0
Revenue	649 000	405 000	473 000	390 000
Cost of Goods Sold	4 000	0	0	1 000
Salary Costs	581 000	317 000	487 000	199 000
Depreciation	19 000	8 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	709 000	381 000	550 000	269 000
Operating Profit	−59 000	24 000	−77 000	120 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	1 000
Financial Balance	−1 000	0	0	−1 000
Dividends	0	0	0	0
Net Income	−45 000	19 000	−60 000	114 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	20 000	5 000	10 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	5 000	13 000	21 000
Total Tangible Assets	28 000	5 000	13 000	21 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	48 000	10 000	23 000	21 000
Stock	21 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	31 000	57 000	35 000	94 000
Total Current Assets	60 000	88 000	78 000	107 000
Total Assets	108 000	98 000	102 000	128 000
Total Equity	−4 000	41 000	22 000	82 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	26 000	29 000	27 000	24 000
Unpaid Taxes	7 000	4 000	10 000	3 000
Dividends	0	0	0	0
Other Current Debt	80 000	25 000	42 000	12 000
Total Current Debt	112 000	57 000	80 000	45 000
Total Equity and Debt	108 000	98 000	102 000	128 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1 125 %	46,34 %	−272,73 %	139,02 %
Debt-to-Equity Ratio	−0	0	0	0,01
Operating Profit Margin	−9,09 %	5,93 %	−16,28 %	30,77 %
Current Ratio	0,54	1,54	0,98	2,38
Quick Ratio	0,66	1,54	0,98	2,38
Equity Ratio	−0,04	0,42	0,22	0,64
Gross Profit Margin	99,38 %	100 %	100 %	99,74 %