SNIPPEN BILSERVICE AS

7820 SPILLUM

Finances

Share Ownership

Return on Equity

37,51 %

Current Ratio

1,79

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	5 611 000	5 133 000	4 890 000	4 351 000
Net Income	359 000	103 000	256 000	154 000
Total Assets	1 782 000	1 973 000	2 351 000	2 145 000
Total Equity	957 000	598 000	729 000	1 112 000

Income (NOK)	2021	2020	2019	2018
Revenue	5 611 000	5 133 000	4 890 000	4 351 000
Expenditure	5 146 000	4 980 000	4 544 000	4 133 000
Operating Profit	465 000	153 000	347 000	218 000
Financial Income	12 000	6 000	5 000	9 000
Financial Costs	16 000	26 000	23 000	27 000
Financial Balance	−4 000	−20 000	−18 000	−18 000
Earnings Before Tax	461 000	133 000	328 000	200 000
Tax	101 000	30 000	72 000	46 000
Net Income	359 000	103 000	256 000	154 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	303 000	739 000	800 000	904 000
Total Current Assets	1 478 000	1 234 000	1 551 000	1 241 000
Total Assets	1 782 000	1 973 000	2 351 000	2 145 000
Total Retained Equity	782 000	423 000	554 000	937 000
Total Equity	957 000	598 000	729 000	1 112 000
Total Long-Term Debt	0	0	53 000	207 000
Total Current Debt	825 000	1 375 000	1 568 000	825 000
Total Equity and Debt	1 782 000	1 973 000	2 351 000	2 145 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	5 551 000	5 130 000	4 890 000	4 348 000
Other Income	59 000	3 000	0	3 000
Revenue	5 611 000	5 133 000	4 890 000	4 351 000
Cost of Goods Sold	2 613 000	2 433 000	2 021 000	1 832 000
Salary Costs	1 492 000	1 603 000	1 494 000	1 307 000
Depreciation	94 000	107 000	108 000	116 000
Impairment	0	0	0	0
Expenditure	5 146 000	4 980 000	4 544 000	4 133 000
Operating Profit	465 000	153 000	347 000	218 000
Financial Income	12 000	6 000	5 000	9 000
Financial Costs	16 000	26 000	23 000	27 000
Financial Balance	−4 000	−20 000	−18 000	−18 000
Dividends	0	0	0	0
Net Income	359 000	103 000	256 000	154 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	27 000	20 000	10 000	6 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	148 000	217 000	259 000	337 000
Fixtures	18 000	22 000	51 000	81 000
Total Tangible Assets	166 000	239 000	310 000	418 000
Total Fiancial Fixed Assets	110 000	480 000	480 000	480 000
Total Fixed Assets	303 000	739 000	800 000	904 000
Stock	584 000	469 000	590 000	528 000
Total Investments	0	0	0	0
Cash, Bank	436 000	294 000	235 000	224 000
Total Current Assets	1 478 000	1 234 000	1 551 000	1 241 000
Total Assets	1 782 000	1 973 000	2 351 000	2 145 000
Total Equity	957 000	598 000	729 000	1 112 000
Short-Term Group Debt	0	0	50 000	0
Total Long-Term Debt	0	0	53 000	207 000
Creditors	341 000	649 000	566 000	307 000
Unpaid Taxes	206 000	173 000	79 000	74 000
Dividends	0	0	0	0
Other Current Debt	169 000	524 000	808 000	434 000
Total Current Debt	825 000	1 375 000	1 568 000	825 000
Total Equity and Debt	1 782 000	1 973 000	2 351 000	2 145 000

Financial indicators	2021	2020	2019	2018
Return on Equity	37,51 %	17,22 %	35,12 %	13,85 %
Debt-to-Equity Ratio	0	0	0,07	0,19
Operating Profit Margin	8,29 %	2,98 %	7,1 %	5,01 %
Current Ratio	1,79	0,9	0,99	1,5
Quick Ratio	6,13	1,36	1,59	4,18
Equity Ratio	0,54	0,3	0,31	0,52
Gross Profit Margin	53,43 %	52,6 %	58,67 %	57,89 %