SNARVEI AS

0950 OSLO

Finances

Share Ownership

Return on Equity

122,82 %

Current Ratio

10,66

Debt-to-Equity Ratio

−9,17

Key figures (NOK)	2022	2021	2020	2019
Revenue	24 000	225 000	1 295 000	689 000
Net Income	−183 000	−107 000	271 000	169 000
Total Assets	1 330 000	1 471 000	1 537 000	1 969 000
Total Equity	−149 000	33 000	140 000	124 000

Income (NOK)	2022	2021	2020	2019
Revenue	24 000	225 000	1 295 000	689 000
Expenditure	244 000	341 000	917 000	454 000
Operating Profit	−220 000	−115 000	379 000	236 000
Financial Income	0	0	0	0
Financial Costs	14 000	22 000	31 000	17 000
Financial Balance	−14 000	−22 000	−31 000	−17 000
Earnings Before Tax	−234 000	−137 000	348 000	218 000
Tax	−51 000	−30 000	77 000	49 000
Net Income	−183 000	−107 000	271 000	169 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	125 000	1 438 000	1 291 000	1 655 000
Total Current Assets	1 205 000	33 000	246 000	314 000
Total Assets	1 330 000	1 471 000	1 537 000	1 969 000
Total Retained Equity	−257 000	−74 000	33 000	16 000
Total Equity	−149 000	33 000	140 000	124 000
Total Long-Term Debt	1 366 000	1 386 000	787 000	1 744 000
Total Current Debt	113 000	51 000	611 000	100 000
Total Equity and Debt	1 330 000	1 471 000	1 537 000	1 969 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 000	173 000	1 295 000	689 000
Other Income	0	52 000	0	0
Revenue	24 000	225 000	1 295 000	689 000
Cost of Goods Sold	0	86 000	399 000	199 000
Salary Costs	0	0	0	0
Depreciation	145 000	163 000	407 000	212 000
Impairment	0	0	0	0
Expenditure	244 000	341 000	917 000	454 000
Operating Profit	−220 000	−115 000	379 000	236 000
Financial Income	0	0	0	0
Financial Costs	14 000	22 000	31 000	17 000
Financial Balance	−14 000	−22 000	−31 000	−17 000
Dividends	0	0	0	0
Net Income	−183 000	−107 000	271 000	169 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	125 000	74 000	43 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	1 364 000	1 248 000	1 655 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	125 000	1 438 000	1 291 000	1 655 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 000	22 000	22 000	142 000
Total Current Assets	1 205 000	33 000	246 000	314 000
Total Assets	1 330 000	1 471 000	1 537 000	1 969 000
Total Equity	−149 000	33 000	140 000	124 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 366 000	1 386 000	787 000	1 744 000
Creditors	0	−22 000	0	4 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	113 000	73 000	611 000	96 000
Total Current Debt	113 000	51 000	611 000	100 000
Total Equity and Debt	1 330 000	1 471 000	1 537 000	1 969 000

Financial indicators	2022	2021	2020	2019
Return on Equity	122,82 %	−324,24 %	193,57 %	136,29 %
Debt-to-Equity Ratio	−9,17	42	5,62	14,06
Operating Profit Margin	−916,67 %	−51,11 %	29,27 %	34,25 %
Current Ratio	10,66	0,65	0,4	3,14
Quick Ratio	10,66	0,65	0,4	3,14
Equity Ratio	−0,11	0,02	0,09	0,06
Gross Profit Margin	100 %	61,78 %	69,19 %	71,12 %