SNARTEMO QUALITY PRODUCTS AS

4590 SNARTEMO

Finances

Share Ownership

Return on Equity

3,74 %

Current Ratio

7,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 307 000	6 824 000	5 887 000	5 616 000
Net Income	330 000	325 000	377 000	162 000
Total Assets	9 628 000	9 437 000	8 895 000	8 270 000
Total Equity	8 822 000	8 492 000	8 167 000	7 791 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 307 000	6 824 000	5 887 000	5 616 000
Expenditure	7 110 000	6 553 000	5 584 000	5 581 000
Operating Profit	198 000	271 000	305 000	35 000
Financial Income	133 000	54 000	72 000	127 000
Financial Costs	0	0	0	0
Financial Balance	133 000	54 000	72 000	127 000
Earnings Before Tax	330 000	325 000	377 000	162 000
Tax	0	0	0	0
Net Income	330 000	325 000	377 000	162 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 325 000	2 997 000	2 532 000	2 463 000
Total Current Assets	6 302 000	6 440 000	6 363 000	5 806 000
Total Assets	9 628 000	9 437 000	8 895 000	8 270 000
Total Retained Equity	8 622 000	8 292 000	7 967 000	7 591 000
Total Equity	8 822 000	8 492 000	8 167 000	7 791 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	805 000	945 000	728 000	479 000
Total Equity and Debt	9 628 000	9 437 000	8 895 000	8 270 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 629 000	4 296 000	3 228 000	3 212 000
Other Income	2 678 000	2 528 000	2 659 000	2 404 000
Revenue	7 307 000	6 824 000	5 887 000	5 616 000
Cost of Goods Sold	2 839 000	2 682 000	1 888 000	2 095 000
Salary Costs	2 893 000	2 733 000	2 586 000	2 449 000
Depreciation	363 000	342 000	309 000	270 000
Impairment	0	0	0	0
Expenditure	7 110 000	6 553 000	5 584 000	5 581 000
Operating Profit	198 000	271 000	305 000	35 000
Financial Income	133 000	54 000	72 000	127 000
Financial Costs	0	0	0	0
Financial Balance	133 000	54 000	72 000	127 000
Dividends	0	0	0	0
Net Income	330 000	325 000	377 000	162 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	2 328 000	2 568 000	2 151 000	2 006 000
Machinery and Plant Facilities	658 000	17 000	24 000	31 000
Fixtures	340 000	412 000	357 000	426 000
Total Tangible Assets	3 325 000	2 997 000	2 532 000	2 463 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	3 325 000	2 997 000	2 532 000	2 463 000
Stock	435 000	347 000	216 000	234 000
Total Investments	0	0	0	0
Cash, Bank	4 914 000	5 247 000	5 262 000	4 965 000
Total Current Assets	6 302 000	6 440 000	6 363 000	5 806 000
Total Assets	9 628 000	9 437 000	8 895 000	8 270 000
Total Equity	8 822 000	8 492 000	8 167 000	7 791 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	222 000	371 000	275 000	95 000
Unpaid Taxes	234 000	229 000	114 000	183 000
Dividends	0	0	0	0
Other Current Debt	350 000	346 000	339 000	201 000
Total Current Debt	805 000	945 000	728 000	479 000
Total Equity and Debt	9 628 000	9 437 000	8 895 000	8 270 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,74 %	3,83 %	4,62 %	2,08 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,71 %	3,97 %	5,18 %	0,62 %
Current Ratio	7,83	6,81	8,74	12,12
Quick Ratio	17,03	10,77	12,43	23,7
Equity Ratio	0,92	0,9	0,92	0,94
Gross Profit Margin	61,15 %	60,7 %	67,93 %	62,7 %