SPRING CAPITAL MANAGEMENT AS

0151 OSLO

Finances

Return on Equity

25,75 %

Current Ratio

1,46

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 537 000	8 919 000	8 620 000	3 637 000
Net Income	779 000	19 590 000	3 226 000	−3 376 000
Total Assets	4 175 000	4 201 000	2 859 000	2 303 000
Total Equity	3 025 000	2 255 000	1 582 000	1 356 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 537 000	8 919 000	8 620 000	3 637 000
Expenditure	5 758 000	5 342 000	5 394 000	7 015 000
Operating Profit	779 000	3 577 000	3 227 000	−3 377 000
Financial Income	0	16 012 000	0	1 000
Financial Costs	0	0	1 000	0
Financial Balance	0	16 012 000	−1 000	1 000
Earnings Before Tax	779 000	19 590 000	3 226 000	−3 376 000
Tax	0	0	0	0
Net Income	779 000	19 590 000	3 226 000	−3 376 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 500 000	2 041 000	1 933 000	757 000
Total Current Assets	1 674 000	2 160 000	925 000	1 546 000
Total Assets	4 175 000	4 201 000	2 859 000	2 303 000
Total Retained Equity	2 887 000	2 117 000	487 000	−15 000
Total Equity	3 025 000	2 255 000	1 582 000	1 356 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 150 000	1 946 000	1 276 000	947 000
Total Equity and Debt	4 175 000	4 201 000	2 859 000	2 303 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 537 000	8 919 000	8 620 000	3 637 000
Other Income	0	0	0	0
Revenue	6 537 000	8 919 000	8 620 000	3 637 000
Cost of Goods Sold	0	0	0	0
Salary Costs	4 484 000	4 650 000	4 631 000	5 732 000
Depreciation	0	3 000	8 000	8 000
Impairment	0	0	0	0
Expenditure	5 758 000	5 342 000	5 394 000	7 015 000
Operating Profit	779 000	3 577 000	3 227 000	−3 377 000
Financial Income	0	16 012 000	0	1 000
Financial Costs	0	0	1 000	0
Financial Balance	0	16 012 000	−1 000	1 000
Dividends	0	17 960 000	0	0
Net Income	779 000	19 590 000	3 226 000	−3 376 000

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	0	0	3 000	10 000
Total Tangible Assets	0	0	3 000	10 000
Total Fiancial Fixed Assets	2 500 000	2 041 000	1 931 000	747 000
Total Fixed Assets	2 500 000	2 041 000	1 933 000	757 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 640 000	1 906 000	925 000	1 283 000
Total Current Assets	1 674 000	2 160 000	925 000	1 546 000
Total Assets	4 175 000	4 201 000	2 859 000	2 303 000
Total Equity	3 025 000	2 255 000	1 582 000	1 356 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	512 000	11 000	44 000	6 000
Unpaid Taxes	636 000	435 000	400 000	342 000
Dividends	0	17 960 000	0	0
Other Current Debt	1 000	1 501 000	832 000	598 000
Total Current Debt	1 150 000	1 946 000	1 276 000	947 000
Total Equity and Debt	4 175 000	4 201 000	2 859 000	2 303 000

Financial indicators	2022	2021	2020	2019
Return on Equity	25,75 %	868,74 %	203,92 %	−248,97 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	11,92 %	40,11 %	37,44 %	−92,85 %
Current Ratio	1,46	1,11	0,72	1,63
Quick Ratio	1,46	1,11	0,72	1,63
Equity Ratio	0,72	0,54	0,55	0,59
Gross Profit Margin	100 %	100 %	100 %	100 %