MANAGEMENT & FINANCE AS

1367 SNARØYA

Finances

Return on Equity

58,94 %

Current Ratio

1,56

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 116 000	201 000	42 000	0
Net Income	145 000	23 000	31 000	−14 000
Total Assets	553 000	182 000	102 000	55 000
Total Equity	246 000	100 000	78 000	46 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 116 000	201 000	42 000	0
Expenditure	942 000	171 000	6 000	14 000
Operating Profit	174 000	29 000	36 000	−14 000
Financial Income	13 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	12 000	0	0	0
Earnings Before Tax	186 000	29 000	36 000	−14 000
Tax	41 000	6 000	5 000	0
Net Income	145 000	23 000	31 000	−14 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	73 000	73 000	48 000	50 000
Total Current Assets	481 000	109 000	54 000	5 000
Total Assets	553 000	182 000	102 000	55 000
Total Retained Equity	104 000	−42 000	−64 000	−96 000
Total Equity	246 000	100 000	78 000	46 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	308 000	81 000	24 000	9 000
Total Equity and Debt	553 000	182 000	102 000	55 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 116 000	201 000	42 000	0
Other Income	0	0	0	0
Revenue	1 116 000	201 000	42 000	0
Cost of Goods Sold	0	0	0	0
Salary Costs	882 000	143 000	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	942 000	171 000	6 000	14 000
Operating Profit	174 000	29 000	36 000	−14 000
Financial Income	13 000	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	12 000	0	0	0
Dividends	0	0	0	0
Net Income	145 000	23 000	31 000	−14 000

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	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	73 000	73 000	48 000	50 000
Total Fixed Assets	73 000	73 000	48 000	50 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	319 000	108 000	54 000	5 000
Total Current Assets	481 000	109 000	54 000	5 000
Total Assets	553 000	182 000	102 000	55 000
Total Equity	246 000	100 000	78 000	46 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	3 000	0	0
Unpaid Taxes	172 000	58 000	0	0
Dividends	0	0	0	0
Other Current Debt	95 000	14 000	20 000	9 000
Total Current Debt	308 000	81 000	24 000	9 000
Total Equity and Debt	553 000	182 000	102 000	55 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,94 %	23 %	39,74 %	−30,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	15,59 %	14,43 %	85,71 %	-
Current Ratio	1,56	1,35	2,25	0,56
Quick Ratio	1,56	1,35	2,25	0,56
Equity Ratio	0,44	0,55	0,76	0,84
Gross Profit Margin	100 %	100 %	100 %	-