SNEKKERSERVICE FRØYA AS

7260 SISTRANDA

Finances

Share Ownership

Return on Equity

19,18 %

Current Ratio

2,09

Debt-to-Equity Ratio

0,85

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 215 000	14 789 000	15 666 000	23 062 000
Net Income	835 000	1 470 000	2 269 000	1 773 000
Total Assets	11 416 000	13 873 000	17 113 000	17 460 000
Total Equity	4 353 000	2 451 000	4 615 000	4 350 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 215 000	14 789 000	15 666 000	23 062 000
Expenditure	13 386 000	12 538 000	12 659 000	20 636 000
Operating Profit	831 000	2 250 000	3 007 000	2 425 000
Financial Income	125 000	0	20 000	26 000
Financial Costs	−115 000	364 000	117 000	173 000
Financial Balance	240 000	−364 000	−97 000	−147 000
Earnings Before Tax	1 071 000	1 886 000	2 910 000	2 278 000
Tax	236 000	416 000	642 000	505 000
Net Income	835 000	1 470 000	2 269 000	1 773 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 368 000	5 246 000	2 264 000	1 609 000
Total Current Assets	7 048 000	8 627 000	14 849 000	15 851 000
Total Assets	11 416 000	13 873 000	17 113 000	17 460 000
Total Retained Equity	1 980 000	1 145 000	3 309 000	3 044 000
Total Equity	4 353 000	2 451 000	4 615 000	4 350 000
Total Long-Term Debt	3 683 000	4 004 000	5 471 000	10 718 000
Total Current Debt	3 380 000	7 417 000	7 027 000	2 392 000
Total Equity and Debt	11 416 000	13 873 000	17 113 000	17 460 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 215 000	14 739 000	15 666 000	23 062 000
Other Income	0	50 000	0	0
Revenue	14 215 000	14 789 000	15 666 000	23 062 000
Cost of Goods Sold	9 204 000	8 574 000	7 827 000	16 063 000
Salary Costs	3 040 000	2 672 000	3 531 000	3 617 000
Depreciation	303 000	399 000	491 000	502 000
Impairment	0	0	0	0
Expenditure	13 386 000	12 538 000	12 659 000	20 636 000
Operating Profit	831 000	2 250 000	3 007 000	2 425 000
Financial Income	125 000	0	20 000	26 000
Financial Costs	−115 000	364 000	117 000	173 000
Financial Balance	240 000	−364 000	−97 000	−147 000
Dividends	0	0	0	0
Net Income	835 000	1 470 000	2 269 000	1 773 000

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	131 000	719 000	1 118 000	1 609 000
Fixtures	329 000	0	0	0
Total Tangible Assets	460 000	719 000	1 118 000	1 609 000
Total Fiancial Fixed Assets	3 909 000	4 527 000	1 145 000	0
Total Fixed Assets	4 368 000	5 246 000	2 264 000	1 609 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	636 000	774 000	2 101 000	6 906 000
Total Current Assets	7 048 000	8 627 000	14 849 000	15 851 000
Total Assets	11 416 000	13 873 000	17 113 000	17 460 000
Total Equity	4 353 000	2 451 000	4 615 000	4 350 000
Short-Term Group Debt	0	4 659 000	2 569 000	0
Total Long-Term Debt	3 683 000	4 004 000	5 471 000	10 718 000
Creditors	2 858 000	1 407 000	216 000	1 439 000
Unpaid Taxes	19 000	657 000	1 723 000	285 000
Dividends	0	0	0	0
Other Current Debt	503 000	694 000	2 519 000	667 000
Total Current Debt	3 380 000	7 417 000	7 027 000	2 392 000
Total Equity and Debt	11 416 000	13 873 000	17 113 000	17 460 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,18 %	59,98 %	49,17 %	40,76 %
Debt-to-Equity Ratio	0,85	1,63	1,19	2,46
Operating Profit Margin	5,85 %	15,21 %	19,19 %	10,52 %
Current Ratio	2,09	1,16	2,11	6,63
Quick Ratio	2,09	1,16	2,11	6,63
Equity Ratio	0,38	0,18	0,27	0,25
Gross Profit Margin	35,25 %	42,02 %	50,04 %	30,35 %