PROJECT SUPPORT AS

1367 SNARØYA

Finances

Share Ownership

Return on Equity

17,5 %

Current Ratio

1,07

Debt-to-Equity Ratio

0,1

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 334 000	1 788 000	1 626 000	1 502 000
Net Income	7 000	493 000	528 000	515 000
Total Assets	489 000	903 000	933 000	884 000
Total Equity	40 000	33 000	40 000	32 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 334 000	1 788 000	1 626 000	1 502 000
Expenditure	1 323 000	1 148 000	945 000	839 000
Operating Profit	11 000	641 000	681 000	663 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	−1 000
Earnings Before Tax	11 000	640 000	680 000	662 000
Tax	3 000	147 000	151 000	147 000
Net Income	7 000	493 000	528 000	515 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 000	14 000	14 000	14 000
Total Current Assets	475 000	889 000	919 000	870 000
Total Assets	489 000	903 000	933 000	884 000
Total Retained Equity	10 000	3 000	10 000	2 000
Total Equity	40 000	33 000	40 000	32 000
Total Long-Term Debt	4 000	5 000	7 000	8 000
Total Current Debt	444 000	864 000	886 000	844 000
Total Equity and Debt	489 000	903 000	933 000	884 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 334 000	1 788 000	1 626 000	1 502 000
Other Income	0	0	0	0
Revenue	1 334 000	1 788 000	1 626 000	1 502 000
Cost of Goods Sold	4 000	1 000	0	0
Salary Costs	1 156 000	958 000	778 000	686 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 323 000	1 148 000	945 000	839 000
Operating Profit	11 000	641 000	681 000	663 000
Financial Income	0	0	0	0
Financial Costs	0	0	1 000	1 000
Financial Balance	0	0	−1 000	−1 000
Dividends	0	500 000	520 000	520 000
Net Income	7 000	493 000	528 000	515 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 000	14 000	14 000	14 000
Total Tangible Assets	14 000	14 000	14 000	14 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	14 000	14 000	14 000	14 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	375 000	754 000	794 000	745 000
Total Current Assets	475 000	889 000	919 000	870 000
Total Assets	489 000	903 000	933 000	884 000
Total Equity	40 000	33 000	40 000	32 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 000	5 000	7 000	8 000
Creditors	8 000	12 000	4 000	4 000
Unpaid Taxes	293 000	78 000	114 000	89 000
Dividends	0	500 000	520 000	520 000
Other Current Debt	138 000	126 000	95 000	83 000
Total Current Debt	444 000	864 000	886 000	844 000
Total Equity and Debt	489 000	903 000	933 000	884 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,5 %	1 493,94 %	1 320 %	1 609,38 %
Debt-to-Equity Ratio	0,1	0,15	0,18	0,25
Operating Profit Margin	0,82 %	35,85 %	41,88 %	44,14 %
Current Ratio	1,07	1,03	1,04	1,03
Quick Ratio	1,07	1,03	1,04	1,03
Equity Ratio	0,08	0,04	0,04	0,04
Gross Profit Margin	99,7 %	99,94 %	100 %	100 %