SNORLAND AS

4336 SANDNES

Finances

Return on Equity

−14,03 %

Current Ratio

1,55

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	576 000	742 000	1 309 000	1 863 000
Net Income	−525 000	−285 000	5 580 000	532 000
Total Assets	4 456 000	4 707 000	5 792 000	1 172 000
Total Equity	3 742 000	4 267 000	4 792 000	−158 000

Income (NOK)	2022	2021	2020	2019
Revenue	576 000	742 000	1 309 000	1 863 000
Expenditure	1 117 000	980 000	598 000	882 000
Operating Profit	−540 000	−238 000	711 000	982 000
Financial Income	31 000	905 000	5 021 000	0
Financial Costs	16 000	952 000	13 000	227 000
Financial Balance	15 000	−47 000	5 008 000	−227 000
Earnings Before Tax	−525 000	−285 000	5 720 000	755 000
Tax	0	0	139 000	223 000
Net Income	−525 000	−285 000	5 580 000	532 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 349 000	3 147 000	3 702 000	98 000
Total Current Assets	1 107 000	1 560 000	2 091 000	1 073 000
Total Assets	4 456 000	4 707 000	5 792 000	1 172 000
Total Retained Equity	3 642 000	4 167 000	4 692 000	−258 000
Total Equity	3 742 000	4 267 000	4 792 000	−158 000
Total Long-Term Debt	0	0	0	832 000
Total Current Debt	714 000	441 000	1 001 000	498 000
Total Equity and Debt	4 456 000	4 707 000	5 792 000	1 172 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	378 000	620 000	1 309 000	1 848 000
Other Income	199 000	122 000	0	15 000
Revenue	576 000	742 000	1 309 000	1 863 000
Cost of Goods Sold	25 000	0	0	42 000
Salary Costs	640 000	703 000	444 000	355 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 117 000	980 000	598 000	882 000
Operating Profit	−540 000	−238 000	711 000	982 000
Financial Income	31 000	905 000	5 021 000	0
Financial Costs	16 000	952 000	13 000	227 000
Financial Balance	15 000	−47 000	5 008 000	−227 000
Dividends	0	240 000	630 000	0
Net Income	−525 000	−285 000	5 580 000	532 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	88 000	2 559 000	2 497 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	88 000	2 559 000	2 497 000	0
Total Fiancial Fixed Assets	3 261 000	589 000	1 205 000	98 000
Total Fixed Assets	3 349 000	3 147 000	3 702 000	98 000
Stock	0	25 000	0	0
Total Investments	0	0	0	0
Cash, Bank	979 000	1 041 000	1 994 000	100 000
Total Current Assets	1 107 000	1 560 000	2 091 000	1 073 000
Total Assets	4 456 000	4 707 000	5 792 000	1 172 000
Total Equity	3 742 000	4 267 000	4 792 000	−158 000
Short-Term Group Debt	0	0	0	16 000
Total Long-Term Debt	0	0	0	832 000
Creditors	28 000	38 000	74 000	41 000
Unpaid Taxes	84 000	81 000	110 000	171 000
Dividends	0	240 000	630 000	0
Other Current Debt	602 000	82 000	48 000	47 000
Total Current Debt	714 000	441 000	1 001 000	498 000
Total Equity and Debt	4 456 000	4 707 000	5 792 000	1 172 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,03 %	−6,68 %	116,44 %	−336,71 %
Debt-to-Equity Ratio	0	0	0	−5,27
Operating Profit Margin	−93,75 %	−32,08 %	54,32 %	52,71 %
Current Ratio	1,55	3,54	2,09	2,15
Quick Ratio	1,55	3,75	2,09	2,15
Equity Ratio	0,84	0,91	0,83	−0,13
Gross Profit Margin	95,66 %	100 %	100 %	97,75 %