SNOWMOTION AS

0184 OSLO

Finances

Share Ownership

Return on Equity

367,67 %

Current Ratio

1,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	39 068 000	3 293 000	146 000	1 694 000
Net Income	14 681 000	−1 846 000	−1 885 000	−3 005 000
Total Assets	26 490 000	2 678 000	2 845 000	3 613 000
Total Equity	3 993 000	−688 000	1 158 000	−1 429 000

Income (NOK)	2022	2021	2020	2019
Revenue	39 068 000	3 293 000	146 000	1 694 000
Expenditure	24 260 000	5 090 000	1 899 000	4 484 000
Operating Profit	14 809 000	−1 796 000	−1 754 000	−2 789 000
Financial Income	1 000	4 000	5 000	25 000
Financial Costs	117 000	54 000	137 000	242 000
Financial Balance	−116 000	−50 000	−132 000	−217 000
Earnings Before Tax	14 693 000	−1 846 000	−1 885 000	−3 005 000
Tax	12 000	0	0	0
Net Income	14 681 000	−1 846 000	−1 885 000	−3 005 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 455 000	883 000	1 940 000	2 473 000
Total Current Assets	24 035 000	1 794 000	905 000	1 140 000
Total Assets	26 490 000	2 678 000	2 845 000	3 613 000
Total Retained Equity	0	−12 314 000	−10 469 000	−8 584 000
Total Equity	3 993 000	−688 000	1 158 000	−1 429 000
Total Long-Term Debt	0	1 329 000	836 000	4 557 000
Total Current Debt	22 497 000	2 036 000	852 000	486 000
Total Equity and Debt	26 490 000	2 678 000	2 845 000	3 613 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	39 068 000	3 293 000	146 000	1 694 000
Other Income	0	0	0	0
Revenue	39 068 000	3 293 000	146 000	1 694 000
Cost of Goods Sold	23 164 000	3 782 000	259 000	449 000
Salary Costs	0	0	258 000	929 000
Depreciation	741 000	758 000	832 000	930 000
Impairment	0	299 000	0	0
Expenditure	24 260 000	5 090 000	1 899 000	4 484 000
Operating Profit	14 809 000	−1 796 000	−1 754 000	−2 789 000
Financial Income	1 000	4 000	5 000	25 000
Financial Costs	117 000	54 000	137 000	242 000
Financial Balance	−116 000	−50 000	−132 000	−217 000
Dividends	10 000 000	0	0	0
Net Income	14 681 000	−1 846 000	−1 885 000	−3 005 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	512 000	647 000	1 404 000	1 521 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 943 000	237 000	536 000	951 000
Fixtures	0	0	0	0
Total Tangible Assets	1 943 000	237 000	536 000	951 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 455 000	883 000	1 940 000	2 473 000
Stock	634 000	0	309 000	568 000
Total Investments	0	0	0	0
Cash, Bank	7 725 000	302 000	21 000	280 000
Total Current Assets	24 035 000	1 794 000	905 000	1 140 000
Total Assets	26 490 000	2 678 000	2 845 000	3 613 000
Total Equity	3 993 000	−688 000	1 158 000	−1 429 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	1 329 000	836 000	4 557 000
Creditors	9 388 000	1 160 000	849 000	58 000
Unpaid Taxes	3 097 000	−434 000	2 000	44 000
Dividends	10 000 000	0	0	0
Other Current Debt	0	1 310 000	1 000	383 000
Total Current Debt	22 497 000	2 036 000	852 000	486 000
Total Equity and Debt	26 490 000	2 678 000	2 845 000	3 613 000

Financial indicators	2022	2021	2020	2019
Return on Equity	367,67 %	268,31 %	−162,78 %	210,29 %
Debt-to-Equity Ratio	0	−1,93	0,72	−3,19
Operating Profit Margin	37,91 %	−54,54 %	−1 201,37 %	−164,64 %
Current Ratio	1,07	0,88	1,06	2,35
Quick Ratio	1,1	0,88	1,67	−13,9
Equity Ratio	0,15	−0,26	0,41	−0,4
Gross Profit Margin	40,71 %	−14,85 %	−77,4 %	73,49 %