T SNØRTELAND AS

4280 SKUDENESHAVN

Finances

Return on Equity

25,72 %

Current Ratio

1,89

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	17 790 000	16 713 000	15 554 000	15 166 000
Net Income	868 000	1 341 000	1 001 000	974 000
Total Assets	5 891 000	5 369 000	8 891 000	8 229 000
Total Equity	3 375 000	2 907 000	1 967 000	5 965 000

Income (NOK)	2022	2021	2020	2019
Revenue	17 790 000	16 713 000	15 554 000	15 166 000
Expenditure	16 692 000	15 039 000	14 311 000	13 960 000
Operating Profit	1 098 000	1 674 000	1 243 000	1 207 000
Financial Income	41 000	57 000	54 000	37 000
Financial Costs	0	0	3 000	1 000
Financial Balance	41 000	57 000	51 000	36 000
Earnings Before Tax	1 139 000	1 731 000	1 294 000	1 243 000
Tax	271 000	390 000	292 000	269 000
Net Income	868 000	1 341 000	1 001 000	974 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 127 000	1 494 000	1 767 000	2 065 000
Total Current Assets	4 764 000	3 876 000	7 124 000	6 164 000
Total Assets	5 891 000	5 369 000	8 891 000	8 229 000
Total Retained Equity	3 275 000	2 807 000	1 867 000	5 865 000
Total Equity	3 375 000	2 907 000	1 967 000	5 965 000
Total Long-Term Debt	0	0	0	70 000
Total Current Debt	2 516 000	2 462 000	6 924 000	2 194 000
Total Equity and Debt	5 891 000	5 369 000	8 891 000	8 229 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	17 777 000	16 713 000	15 554 000	15 166 000
Other Income	13 000	0	0	0
Revenue	17 790 000	16 713 000	15 554 000	15 166 000
Cost of Goods Sold	8 334 000	7 690 000	6 930 000	6 858 000
Salary Costs	5 962 000	5 705 000	5 591 000	5 508 000
Depreciation	367 000	379 000	377 000	370 000
Impairment	0	0	0	0
Expenditure	16 692 000	15 039 000	14 311 000	13 960 000
Operating Profit	1 098 000	1 674 000	1 243 000	1 207 000
Financial Income	41 000	57 000	54 000	37 000
Financial Costs	0	0	3 000	1 000
Financial Balance	41 000	57 000	51 000	36 000
Dividends	400 000	400 000	5 000 000	400 000
Net Income	868 000	1 341 000	1 001 000	974 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	520 000	634 000	773 000	912 000
Machinery and Plant Facilities	67 000	166 000	254 000	327 000
Fixtures	438 000	591 000	637 000	723 000
Total Tangible Assets	1 025 000	1 391 000	1 664 000	1 963 000
Total Fiancial Fixed Assets	102 000	102 000	102 000	102 000
Total Fixed Assets	1 127 000	1 494 000	1 767 000	2 065 000
Stock	425 000	477 000	408 000	444 000
Total Investments	0	0	0	0
Cash, Bank	3 398 000	2 613 000	6 166 000	5 033 000
Total Current Assets	4 764 000	3 876 000	7 124 000	6 164 000
Total Assets	5 891 000	5 369 000	8 891 000	8 229 000
Total Equity	3 375 000	2 907 000	1 967 000	5 965 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	70 000
Creditors	471 000	227 000	165 000	409 000
Unpaid Taxes	668 000	614 000	676 000	545 000
Dividends	400 000	400 000	5 000 000	400 000
Other Current Debt	1 106 000	1 232 000	5 790 000	972 000
Total Current Debt	2 516 000	2 462 000	6 924 000	2 194 000
Total Equity and Debt	5 891 000	5 369 000	8 891 000	8 229 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,72 %	46,13 %	50,89 %	16,33 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	6,17 %	10,02 %	7,99 %	7,96 %
Current Ratio	1,89	1,57	1,03	2,81
Quick Ratio	2,28	1,95	1,09	3,52
Equity Ratio	0,57	0,54	0,22	0,72
Gross Profit Margin	53,15 %	53,99 %	55,45 %	54,78 %