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Snowball Software Group AS

ESEF
Report (type unavailable) · filed 2026-10-21

Annual consolidated revenue for 2025: about NOK 2.676B, using the latest reported figures. The previous period, 2024, was about NOK 774.9M.

Inspect reported changes Compare with another company Historical disclosures Segments
Watchlist

Latest fiscal year

Revenue

2.68 billion NOK

2025 · NOK

Exact inputs and evidence
  • Revenue: 2676339000 NOK Source

Operating margin

40.46%

2025 · %

Exact inputs and evidence
  • Operating Income: 1082917000 NOK Source
  • Revenue: 2676339000 NOK Source

Operating cash flow

473 million NOK

2025 · NOK

Exact inputs and evidence
  • Operating Cash Flow: 473319000 NOK Source

Free cash flow

467 million NOK

2025 · NOK

Exact inputs and evidence
  • Operating Cash Flow: 473319000 NOK Source
  • Capital Expenditure: 6245000 NOK Source
Cash and cash equivalents
1.2 billion NOK Source
Exact value

1201154000 NOK

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-21.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 3 of 11 periods available· newest 2025-12-31
  • Operating income: 3 of 11 periods available· newest 2025-12-31
  • Net income: 3 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 3 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 3 of 11 periods available· newest 2025-12-31
  • Total assets: 3 of 11 periods available· newest 2025-12-31
  • Total liabilities: 3 of 11 periods available· newest 2025-12-31
  • Current assets: 3 of 11 periods available· newest 2025-12-31
  • Current liabilities: 3 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 3 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +245.4%

    Prior period

    NOK 774.88 million

    –

    Current period

    NOK 2.68 billion

    –

    Exact inputs and evidence

    2676339000 − 774876000 = 1901463000 NOK

    774876000 NOK · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    2676339000 NOK · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    +NOK 460.55 million

    Prior period

    −NOK 56.28 million

    –

    Current period

    NOK 404.27 million

    –

    Exact inputs and evidence

    404266000 − -56282000 = 460548000 NOK

    -56282000 NOK · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    404266000 NOK · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    +78.2%

    Prior period

    NOK 265.6 million

    –

    Current period

    NOK 473.32 million

    –

    Exact inputs and evidence

    473319000 − 265602000 = 207717000 NOK

    265602000 NOK · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    473319000 NOK · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Capital expenditure

    -52.7%

    Prior period

    NOK 13.22 million

    –

    Current period

    NOK 6.25 million

    –

    Exact inputs and evidence

    6245000 − 13216000 = -6971000 NOK

    13216000 NOK · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    6245000 NOK · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue NOK 2.68 billion 100% of revenue
  • Operating costs Derived NOK 1.59 billion 60% of revenue
  • Operating income NOK 1.08 billion 40% of revenue
  • Tax, interest and other Derived NOK 678.65 million 25% of revenue
  • Net income NOK 404.27 million 15% of revenue

Cash

  • Operating cash flow NOK 473.32 million 18% of revenue
  • Capital expenditure NOK 6.25 million 0.2% of revenue
  • Free cash flow Derived NOK 467.07 million 17% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2023 Net loss: net income was −22% of revenue.
  • 2024 Net loss: net income was −7.3% of revenue.
  • 2025 15%25%60%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2023 2023-01-01 – 2023-12-31290024000 240156000 Derived 49868000 113472000 Derived -63604000 Unavailable
Source
2024 2024-01-01 – 2024-12-31774876000 654025000 Derived 120851000 177133000 Derived -56282000 252386000 Derived
Source
2025 2025-01-01 – 2025-12-312676339000 1593422000 Derived 1082917000 678651000 Derived 404266000 467074000 Derived
Source

Amounts are exact, in NOK.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

NOK 2.7B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.9B2.2B1.4B722.6M0.0202320242025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(NOK)Source evidence
2023Revenue290024000
2024Revenue774876000
2025Revenue2676339000

Revenue growth

Change in revenue from the same financial period one year earlier.

245.4% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.265%199%133%66%0%202320242025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2023Year over yearNo prior comparable period
2024Year over year167.2%
2025Year over year245.4%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 40.5% 2025
Net margin 15.1% 2025
Free cash flow margin 17.5% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.45%27%9%-9%-27%202320242025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2023Operating margin17.2%
2024Operating margin15.6%
2025Operating margin40.5%
2023Net margin-21.9%
2024Net margin-7.3%
2025Net margin15.1%
2023Free cash flow marginNot reported
2024Free cash flow margin32.6%
2025Free cash flow margin17.5%

Operating cash flow

Cash generated by the company’s normal business operations.

NOK 473.3M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.511.2M383.4M255.6M127.8M0.0202320242025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(NOK)Source evidence
2023Operating cash flow144290000
2024Operating cash flow265602000
2025Operating cash flow473319000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

NOK 467.1M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.504.4M378.3M252.2M126.1M0.0202320242025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(NOK)Source evidence
2023Free cash flowUnavailable
2024Free cash flow252386000
2025Free cash flow467074000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

80.7% 2025
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.98%73%49%24%0%202320242025
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2023Liabilities / assets90.3%
2024Liabilities / assets85%
2025Liabilities / assets80.7%

Current assets to current liabilities

Current assets divided by current liabilities.

1.38× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.49×1.12×0.74×0.37×0.00×202320242025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2023Current assets / current liabilities0.57×
2024Current assets / current liabilities0.9×
2025Current assets / current liabilities1.38×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2023 2023-01-01 – 2023-12-31
−NOK 63.6 million
Exact value

Exact value: -63604000 NOK

2023-01-01 – 2023-12-31: -63604000 NOK Inspect Net Income Open source
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NOK 144.29 million
Exact value

Exact value: 144290000 NOK

2023-01-01 – 2023-12-31: 144290000 NOK Inspect Operating Cash Flow Open source
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Unavailable The mapped spending value is negative, so its direction is unclear.
Source
Inspect Capital Expenditure Open source
Unavailable

Capital expenditure has a negative mapped value; spending direction is unclear.

2024 2024-01-01 – 2024-12-31
−NOK 56.28 million
Exact value

Exact value: -56282000 NOK

2024-01-01 – 2024-12-31: -56282000 NOK Inspect Net Income Open source
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NOK 265.6 million
Exact value

Exact value: 265602000 NOK

2024-01-01 – 2024-12-31: 265602000 NOK Inspect Operating Cash Flow Open source
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NOK 13.22 million
Exact value

Exact value: 13216000 NOK

2024-01-01 – 2024-12-31: 13216000 NOK Inspect Capital Expenditure Open source
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NOK 252.39 million
Calculation and evidence

265602000 − 13216000 NOK

Exact free cash flow: 252386000 NOK

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2025 2025-01-01 – 2025-12-31
NOK 404.27 million
Exact value

Exact value: 404266000 NOK

2025-01-01 – 2025-12-31: 404266000 NOK Inspect Net Income Open source
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NOK 473.32 million
Exact value

Exact value: 473319000 NOK

2025-01-01 – 2025-12-31: 473319000 NOK Inspect Operating Cash Flow Open source
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NOK 6.25 million
Exact value

Exact value: 6245000 NOK

2025-01-01 – 2025-12-31: 6245000 NOK Inspect Capital Expenditure Open source
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NOK 467.07 million
Calculation and evidence

473319000 − 6245000 NOK

Exact free cash flow: 467074000 NOK

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

2 filings · 260 latest values · 260 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 549300B1TJBVGILMBQ39, esef:549300B1TJBVGILMBQ39