SNORKEL RECORDS AS

0153 OSLO

Finances

Share Ownership

Return on Equity

11,63 %

Current Ratio

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2022	2021	2020	2019
Revenue	374 000	324 000	154 000	219 000
Net Income	20 000	−16 000	8 000	107 000
Total Assets	192 000	252 000	182 000	237 000
Total Equity	172 000	152 000	168 000	161 000

Income (NOK)	2022	2021	2020	2019
Revenue	374 000	324 000	154 000	219 000
Expenditure	349 000	331 000	142 000	80 000
Operating Profit	25 000	−6 000	11 000	139 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	2 000	2 000
Financial Balance	1 000	0	−2 000	−2 000
Earnings Before Tax	26 000	−6 000	9 000	138 000
Tax	6 000	10 000	1 000	31 000
Net Income	20 000	−16 000	8 000	107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	6 000	0
Total Current Assets	192 000	252 000	176 000	237 000
Total Assets	192 000	252 000	182 000	237 000
Total Retained Equity	142 000	122 000	138 000	131 000
Total Equity	172 000	152 000	168 000	161 000
Total Long-Term Debt	8 000	6 000	6 000	0
Total Current Debt	12 000	94 000	8 000	76 000
Total Equity and Debt	192 000	252 000	182 000	237 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	356 000	324 000	154 000	219 000
Other Income	18 000	0	0	0
Revenue	374 000	324 000	154 000	219 000
Cost of Goods Sold	140 000	104 000	20 000	44 000
Salary Costs	0	3 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	349 000	331 000	142 000	80 000
Operating Profit	25 000	−6 000	11 000	139 000
Financial Income	1 000	0	0	0
Financial Costs	0	0	2 000	2 000
Financial Balance	1 000	0	−2 000	−2 000
Dividends	0	0	0	0
Net Income	20 000	−16 000	8 000	107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	6 000	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	0	0	0	0
Total Fixed Assets	0	0	6 000	0
Stock	42 000	54 000	54 000	29 000
Total Investments	0	0	0	0
Cash, Bank	126 000	168 000	96 000	188 000
Total Current Assets	192 000	252 000	176 000	237 000
Total Assets	192 000	252 000	182 000	237 000
Total Equity	172 000	152 000	168 000	161 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	6 000	6 000	0
Creditors	0	83 000	0	35 000
Unpaid Taxes	6 000	7 000	0	2 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	8 000
Total Current Debt	12 000	94 000	8 000	76 000
Total Equity and Debt	192 000	252 000	182 000	237 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,63 %	−10,53 %	4,76 %	66,46 %
Debt-to-Equity Ratio	0,05	0,04	0,04	0
Operating Profit Margin	6,68 %	−1,85 %	7,14 %	63,47 %
Current Ratio	16	2,68	22	3,12
Quick Ratio	−6,4	6,3	−3,83	5,04
Equity Ratio	0,9	0,6	0,92	0,68
Gross Profit Margin	62,57 %	67,9 %	87,01 %	79,91 %