SNOWVISION AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

3,8 %

Current Ratio

34,84

Debt-to-Equity Ratio

9,53

Key figures (NOK)	2022	2021	2020	2019
Revenue	894 000	413 000	1 206 000	993 000
Net Income	45 000	21 000	148 000	221 000
Total Assets	12 727 000	1 567 000	2 078 000	504 000
Total Equity	1 185 000	1 169 000	1 149 000	−726 000

Income (NOK)	2022	2021	2020	2019
Revenue	894 000	413 000	1 206 000	993 000
Expenditure	813 000	390 000	1 058 000	776 000
Operating Profit	81 000	24 000	148 000	218 000
Financial Income	115 000	3 000	1 000	3 000
Financial Costs	138 000	0	0	0
Financial Balance	−23 000	3 000	1 000	3 000
Earnings Before Tax	58 000	26 000	149 000	221 000
Tax	13 000	6 000	1 000	0
Net Income	45 000	21 000	148 000	221 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 017 000	0	16 000	30 000
Total Current Assets	8 710 000	1 567 000	2 062 000	474 000
Total Assets	12 727 000	1 567 000	2 078 000	504 000
Total Retained Equity	178 000	163 000	142 000	−756 000
Total Equity	1 185 000	1 169 000	1 149 000	−726 000
Total Long-Term Debt	11 292 000	0	1 000	0
Total Current Debt	250 000	398 000	929 000	1 230 000
Total Equity and Debt	12 727 000	1 567 000	2 078 000	504 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	894 000	413 000	1 206 000	993 000
Other Income	0	0	0	0
Revenue	894 000	413 000	1 206 000	993 000
Cost of Goods Sold	0	0	0	0
Salary Costs	188 000	264 000	874 000	550 000
Depreciation	525 000	16 000	14 000	13 000
Impairment	0	0	0	0
Expenditure	813 000	390 000	1 058 000	776 000
Operating Profit	81 000	24 000	148 000	218 000
Financial Income	115 000	3 000	1 000	3 000
Financial Costs	138 000	0	0	0
Financial Balance	−23 000	3 000	1 000	3 000
Dividends	0	0	0	0
Net Income	45 000	21 000	148 000	221 000

Balance details (NOK)	2022	2021	2020	2019
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	4 017 000	0	16 000	30 000
Total Tangible Assets	4 017 000	0	16 000	30 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 017 000	0	16 000	30 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 287 000	4 000	85 000	34 000
Total Current Assets	8 710 000	1 567 000	2 062 000	474 000
Total Assets	12 727 000	1 567 000	2 078 000	504 000
Total Equity	1 185 000	1 169 000	1 149 000	−726 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	11 292 000	0	1 000	0
Creditors	92 000	91 000	42 000	65 000
Unpaid Taxes	95 000	0	315 000	125 000
Dividends	0	0	0	0
Other Current Debt	62 000	300 000	572 000	1 040 000
Total Current Debt	250 000	398 000	929 000	1 230 000
Total Equity and Debt	12 727 000	1 567 000	2 078 000	504 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,8 %	1,8 %	12,88 %	−30,44 %
Debt-to-Equity Ratio	9,53	0	0	−0
Operating Profit Margin	9,06 %	5,81 %	12,27 %	21,95 %
Current Ratio	34,84	3,94	2,22	0,39
Quick Ratio	34,84	3,94	2,22	0,39
Equity Ratio	0,09	0,75	0,55	−1,44
Gross Profit Margin	100 %	100 %	100 %	100 %