FORENINGEN SNORRES VENNER

5003 BERGEN

Finances

Share Ownership

Return on Equity

4,23 %

Current Ratio

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	7 000	55 000	107 000	85 000
Net Income	3 000	−39 000	43 000	7 000
Total Assets	73 000	68 000	107 000	64 000
Total Equity	71 000	68 000	54 000	64 000

Income (NOK)	2021	2020	2019	2018
Revenue	7 000	55 000	107 000	85 000
Expenditure	0	35 000	25 000	7 000
Operating Profit	3 000	−39 000	43 000	7 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	3 000	−39 000	43 000	7 000
Tax	0	0	0	0
Net Income	3 000	−39 000	43 000	7 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	13 000	12 000	1 000	1 000
Total Current Assets	60 000	56 000	106 000	63 000
Total Assets	73 000	68 000	107 000	64 000
Total Retained Equity	71 000	68 000	54 000	64 000
Total Equity	71 000	68 000	54 000	64 000
Total Long-Term Debt	0	0	53 000	0
Total Current Debt	2 000	0	0	0
Total Equity and Debt	73 000	68 000	107 000	64 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	7 000	11 000	14 000	12 000
Other Income	0	44 000	93 000	73 000
Revenue	7 000	55 000	107 000	85 000
Cost of Goods Sold	0	35 000	25 000	7 000
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	0	35 000	25 000	7 000
Operating Profit	3 000	−39 000	43 000	7 000
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	3 000	−39 000	43 000	7 000

Balance details (NOK)	2021	2020	2019	2018
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	13 000	12 000	1 000	1 000
Total Fixed Assets	13 000	12 000	1 000	1 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	60 000	56 000	95 000	63 000
Total Current Assets	60 000	56 000	106 000	63 000
Total Assets	73 000	68 000	107 000	64 000
Total Equity	71 000	68 000	54 000	64 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	53 000	0
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 000	0	0	0
Total Current Debt	2 000	0	0	0
Total Equity and Debt	73 000	68 000	107 000	64 000

Financial indicators	2021	2020	2019	2018
Return on Equity	4,23 %	−57,35 %	79,63 %	10,94 %
Debt-to-Equity Ratio	0	0	0,98	0
Operating Profit Margin	42,86 %	−70,91 %	40,19 %	8,24 %
Current Ratio	30	-	-	-
Quick Ratio	30	-	-	-
Equity Ratio	0,97	1	0,5	1
Gross Profit Margin	100 %	36,36 %	76,64 %	91,76 %