SNIPPEN MEDIA AS

7982 BINDALSEIDET

Finances

Share Ownership

Return on Equity

300 %

Current Ratio

0,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	115 000	163 000	209 000	163 000
Net Income	9 000	−32 000	−10 000	−53 000
Total Assets	28 000	15 000	50 000	63 000
Total Equity	3 000	−7 000	25 000	35 000

Income (NOK)	2022	2021	2020	2019
Revenue	115 000	163 000	209 000	163 000
Expenditure	106 000	195 000	218 000	215 000
Operating Profit	9 000	−32 000	−10 000	−53 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	9 000	−32 000	−10 000	−53 000
Tax	0	0	0	0
Net Income	9 000	−32 000	−10 000	−53 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	0	10 000	20 000
Total Current Assets	24 000	15 000	41 000	43 000
Total Assets	28 000	15 000	50 000	63 000
Total Retained Equity	−27 000	−37 000	−5 000	5 000
Total Equity	3 000	−7 000	25 000	35 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	25 000	22 000	25 000	28 000
Total Equity and Debt	28 000	15 000	50 000	63 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	115 000	163 000	209 000	163 000
Other Income	0	0	0	0
Revenue	115 000	163 000	209 000	163 000
Cost of Goods Sold	0	0	0	0
Salary Costs	81 000	94 000	93 000	95 000
Depreciation	0	7 000	10 000	10 000
Impairment	0	0	0	0
Expenditure	106 000	195 000	218 000	215 000
Operating Profit	9 000	−32 000	−10 000	−53 000
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	9 000	−32 000	−10 000	−53 000

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	0	0	10 000	20 000
Total Tangible Assets	0	0	10 000	20 000
Total Fiancial Fixed Assets	4 000	0	0	0
Total Fixed Assets	4 000	0	10 000	20 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	24 000	15 000	21 000	23 000
Total Current Assets	24 000	15 000	41 000	43 000
Total Assets	28 000	15 000	50 000	63 000
Total Equity	3 000	−7 000	25 000	35 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	6 000	6 000	10 000
Unpaid Taxes	6 000	1 000	5 000	9 000
Dividends	0	0	0	0
Other Current Debt	13 000	14 000	14 000	9 000
Total Current Debt	25 000	22 000	25 000	28 000
Total Equity and Debt	28 000	15 000	50 000	63 000

Financial indicators	2022	2021	2020	2019
Return on Equity	300 %	457,14 %	−40 %	−151,43 %
Debt-to-Equity Ratio	0	−0	0	0
Operating Profit Margin	7,83 %	−19,63 %	−4,78 %	−32,52 %
Current Ratio	0,96	0,68	1,64	1,54
Quick Ratio	0,96	0,68	1,64	1,54
Equity Ratio	0,11	−0,47	0,5	0,56
Gross Profit Margin	100 %	100 %	100 %	100 %