EXPRESS SNEKKER AS

9407 HARSTAD

Finances

Share Ownership

Return on Equity

17,43 %

Current Ratio

0,62

Debt-to-Equity Ratio

0,85

Key figures (NOK)	2021	2020	2019	2018
Revenue	15 201 000	8 560 000	6 626 000	2 683 000
Net Income	72 000	78 000	148 000	42 000
Total Assets	2 918 000	1 971 000	1 748 000	453 000
Total Equity	413 000	341 000	263 000	114 000

Income (NOK)	2021	2020	2019	2018
Revenue	15 201 000	8 560 000	6 626 000	2 683 000
Expenditure	15 089 000	8 439 000	6 418 000	2 628 000
Operating Profit	112 000	120 000	209 000	54 000
Financial Income	0	2 000	6 000	2 000
Financial Costs	17 000	22 000	24 000	2 000
Financial Balance	−17 000	−20 000	−18 000	0
Earnings Before Tax	95 000	100 000	190 000	54 000
Tax	23 000	22 000	42 000	12 000
Net Income	72 000	78 000	148 000	42 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	1 591 000	965 000	662 000	84 000
Total Current Assets	1 327 000	1 006 000	1 086 000	369 000
Total Assets	2 918 000	1 971 000	1 748 000	453 000
Total Retained Equity	383 000	311 000	233 000	84 000
Total Equity	413 000	341 000	263 000	114 000
Total Long-Term Debt	352 000	403 000	482 000	2 000
Total Current Debt	2 153 000	1 227 000	1 003 000	336 000
Total Equity and Debt	2 918 000	1 971 000	1 748 000	453 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	15 201 000	8 560 000	6 626 000	2 683 000
Other Income	0	0	0	0
Revenue	15 201 000	8 560 000	6 626 000	2 683 000
Cost of Goods Sold	8 019 000	3 448 000	2 349 000	895 000
Salary Costs	4 119 000	3 782 000	3 211 000	1 278 000
Depreciation	181 000	131 000	82 000	10 000
Impairment	0	0	0	0
Expenditure	15 089 000	8 439 000	6 418 000	2 628 000
Operating Profit	112 000	120 000	209 000	54 000
Financial Income	0	2 000	6 000	2 000
Financial Costs	17 000	22 000	24 000	2 000
Financial Balance	−17 000	−20 000	−18 000	0
Dividends	0	0	0	0
Net Income	72 000	78 000	148 000	42 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	104 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	774 000	955 000	652 000	74 000
Total Tangible Assets	774 000	955 000	652 000	74 000
Total Fiancial Fixed Assets	713 000	10 000	10 000	10 000
Total Fixed Assets	1 591 000	965 000	662 000	84 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	607 000	601 000	254 000	357 000
Total Current Assets	1 327 000	1 006 000	1 086 000	369 000
Total Assets	2 918 000	1 971 000	1 748 000	453 000
Total Equity	413 000	341 000	263 000	114 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	352 000	403 000	482 000	2 000
Creditors	862 000	383 000	350 000	20 000
Unpaid Taxes	778 000	458 000	340 000	190 000
Dividends	0	0	0	0
Other Current Debt	377 000	349 000	294 000	116 000
Total Current Debt	2 153 000	1 227 000	1 003 000	336 000
Total Equity and Debt	2 918 000	1 971 000	1 748 000	453 000

Financial indicators	2021	2020	2019	2018
Return on Equity	17,43 %	22,87 %	56,27 %	36,84 %
Debt-to-Equity Ratio	0,85	1,18	1,83	0,02
Operating Profit Margin	0,74 %	1,4 %	3,15 %	2,01 %
Current Ratio	0,62	0,82	1,08	1,1
Quick Ratio	0,62	0,82	1,08	1,1
Equity Ratio	0,14	0,17	0,15	0,25
Gross Profit Margin	47,25 %	59,72 %	64,55 %	66,64 %