SNAKE OIL (NORWAY) AS

0250 OSLO

Finances

Return on Equity

2,69 %

Current Ratio

7,55

Debt-to-Equity Ratio

0,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	66 000	73 000	73 000	80 000
Net Income	303 000	2 534 000	5 427 000	−98 000
Total Assets	12 919 000	12 135 000	15 727 000	27 894 000
Total Equity	11 266 000	10 963 000	13 929 000	15 411 000

Income (NOK)	2022	2021	2020	2019
Revenue	66 000	73 000	73 000	80 000
Expenditure	−33 000	176 000	42 000	102 000
Operating Profit	99 000	−102 000	31 000	−22 000
Financial Income	1 412 000	2 752 000	7 501 000	412 000
Financial Costs	1 208 000	115 000	1 776 000	456 000
Financial Balance	204 000	2 637 000	5 725 000	−44 000
Earnings Before Tax	303 000	2 534 000	5 756 000	−66 000
Tax	0	0	329 000	32 000
Net Income	303 000	2 534 000	5 427 000	−98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 434 000	6 438 000	13 909 000	17 464 000
Total Current Assets	2 484 000	5 697 000	1 819 000	10 430 000
Total Assets	12 919 000	12 135 000	15 727 000	27 894 000
Total Retained Equity	11 162 000	10 859 000	13 825 000	15 307 000
Total Equity	11 266 000	10 963 000	13 929 000	15 411 000
Total Long-Term Debt	1 323 000	1 172 000	1 159 000	1 216 000
Total Current Debt	329 000	0	639 000	11 266 000
Total Equity and Debt	12 919 000	12 135 000	15 727 000	27 894 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	66 000	73 000	73 000	80 000
Revenue	66 000	73 000	73 000	80 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−33 000	176 000	42 000	102 000
Operating Profit	99 000	−102 000	31 000	−22 000
Financial Income	1 412 000	2 752 000	7 501 000	412 000
Financial Costs	1 208 000	115 000	1 776 000	456 000
Financial Balance	204 000	2 637 000	5 725 000	−44 000
Dividends	0	0	0	6 700 000
Net Income	303 000	2 534 000	5 427 000	−98 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 447 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 447 000	0	0	0
Total Fiancial Fixed Assets	8 987 000	6 438 000	13 909 000	17 464 000
Total Fixed Assets	10 434 000	6 438 000	13 909 000	17 464 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 484 000	4 605 000	1 319 000	3 021 000
Total Current Assets	2 484 000	5 697 000	1 819 000	10 430 000
Total Assets	12 919 000	12 135 000	15 727 000	27 894 000
Total Equity	11 266 000	10 963 000	13 929 000	15 411 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 323 000	1 172 000	1 159 000	1 216 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	6 700 000
Other Current Debt	329 000	0	0	4 534 000
Total Current Debt	329 000	0	639 000	11 266 000
Total Equity and Debt	12 919 000	12 135 000	15 727 000	27 894 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,69 %	23,11 %	38,96 %	−0,64 %
Debt-to-Equity Ratio	0,12	0,11	0,08	0,08
Operating Profit Margin	150 %	−139,73 %	42,47 %	−27,5 %
Current Ratio	7,55	-	2,85	0,93
Quick Ratio	7,55	-	2,85	0,93
Equity Ratio	0,87	0,9	0,89	0,55
Gross Profit Margin	100 %	100 %	100 %	100 %