SYNNES VENTURES AS

6015 ÅLESUND

Finances

Return on Equity

−16,89 %

Current Ratio

83,2

Debt-to-Equity Ratio

0,64

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 625 000	1 297 000	1 045 000	991 000
Net Income	−2 582 000	−25 251 000	28 327 000	10 505 000
Total Assets	25 150 000	29 134 000	45 988 000	17 756 000
Total Equity	15 286 000	17 868 000	44 579 000	16 730 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 625 000	1 297 000	1 045 000	991 000
Expenditure	1 372 000	1 359 000	1 235 000	1 019 000
Operating Profit	253 000	−62 000	−190 000	−28 000
Financial Income	2 237 000	8 262 000	35 410 000	10 853 000
Financial Costs	4 932 000	33 353 000	6 893 000	320 000
Financial Balance	−2 695 000	−25 091 000	28 517 000	10 533 000
Earnings Before Tax	−2 442 000	−25 154 000	28 327 000	10 505 000
Tax	140 000	98 000	0	0
Net Income	−2 582 000	−25 251 000	28 327 000	10 505 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 252 000	13 151 000	2 642 000	1 948 000
Total Current Assets	11 898 000	15 984 000	43 346 000	15 808 000
Total Assets	25 150 000	29 134 000	45 988 000	17 756 000
Total Retained Equity	15 256 000	17 838 000	44 501 000	16 174 000
Total Equity	15 286 000	17 868 000	44 579 000	16 730 000
Total Long-Term Debt	9 721 000	10 392 000	1 151 000	861 000
Total Current Debt	143 000	873 000	259 000	164 000
Total Equity and Debt	25 150 000	29 134 000	45 988 000	17 756 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	815 000	715 000	982 000	944 000
Other Income	810 000	581 000	63 000	47 000
Revenue	1 625 000	1 297 000	1 045 000	991 000
Cost of Goods Sold	0	0	0	0
Salary Costs	184 000	449 000	588 000	196 000
Depreciation	76 000	130 000	5 000	0
Impairment	0	0	0	0
Expenditure	1 372 000	1 359 000	1 235 000	1 019 000
Operating Profit	253 000	−62 000	−190 000	−28 000
Financial Income	2 237 000	8 262 000	35 410 000	10 853 000
Financial Costs	4 932 000	33 353 000	6 893 000	320 000
Financial Balance	−2 695 000	−25 091 000	28 517 000	10 533 000
Dividends	0	0	0	132 000
Net Income	−2 582 000	−25 251 000	28 327 000	10 505 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	10 613 000	10 613 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	249 000	515 000	645 000	0
Total Tangible Assets	10 862 000	11 127 000	645 000	0
Total Fiancial Fixed Assets	2 391 000	2 023 000	1 997 000	1 948 000
Total Fixed Assets	13 252 000	13 151 000	2 642 000	1 948 000
Stock	0	0	0	0
Total Investments	11 672 000	15 754 000	43 194 000	15 722 000
Cash, Bank	169 000	184 000	80 000	64 000
Total Current Assets	11 898 000	15 984 000	43 346 000	15 808 000
Total Assets	25 150 000	29 134 000	45 988 000	17 756 000
Total Equity	15 286 000	17 868 000	44 579 000	16 730 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	9 721 000	10 392 000	1 151 000	861 000
Creditors	4 000	4 000	0	0
Unpaid Taxes	41 000	51 000	51 000	12 000
Dividends	0	0	0	132 000
Other Current Debt	98 000	68 000	76 000	20 000
Total Current Debt	143 000	873 000	259 000	164 000
Total Equity and Debt	25 150 000	29 134 000	45 988 000	17 756 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,89 %	−141,32 %	63,54 %	62,79 %
Debt-to-Equity Ratio	0,64	0,58	0,03	0,05
Operating Profit Margin	15,57 %	−4,78 %	−18,18 %	−2,83 %
Current Ratio	83,2	18,31	167,36	96,39
Quick Ratio	83,2	18,31	167,36	96,39
Equity Ratio	0,61	0,61	0,97	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %