SPARTVEIT AS

3261 LARVIK

Finances

Share Ownership

Return on Equity

89,06 %

Current Ratio

0,95

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020
Revenue	45 581 000	16 784 000	0
Net Income	521 000	−1 322 000	−214 000
Total Assets	22 109 000	6 560 000	851 000
Total Equity	585 000	−736 000	586 000

Income (NOK)	2022	2021	2020
Revenue	45 581 000	16 784 000	0
Expenditure	44 313 000	18 022 000	212 000
Operating Profit	1 268 000	−1 239 000	−212 000
Financial Income	225 000	122 000	0
Financial Costs	972 000	205 000	2 000
Financial Balance	−747 000	−83 000	−2 000
Earnings Before Tax	521 000	−1 322 000	−214 000
Tax	0	0	0
Net Income	521 000	−1 322 000	−214 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 056 000	1 925 000	0
Total Current Assets	20 053 000	4 635 000	851 000
Total Assets	22 109 000	6 560 000	851 000
Total Retained Equity	−1 015 000	−1 536 000	−214 000
Total Equity	585 000	−736 000	586 000
Total Long-Term Debt	336 000	394 000	0
Total Current Debt	21 188 000	6 901 000	265 000
Total Equity and Debt	22 109 000	6 560 000	851 000

Cash flow (NOK)	2022	2021	2020
Sales Income	45 398 000	16 689 000	0
Other Income	183 000	95 000	0
Revenue	45 581 000	16 784 000	0
Cost of Goods Sold	37 247 000	13 354 000	0
Salary Costs	3 089 000	2 429 000	0
Depreciation	427 000	266 000	0
Impairment	0	0	0
Expenditure	44 313 000	18 022 000	212 000
Operating Profit	1 268 000	−1 239 000	−212 000
Financial Income	225 000	122 000	0
Financial Costs	972 000	205 000	2 000
Financial Balance	−747 000	−83 000	−2 000
Dividends	0	0	0
Net Income	521 000	−1 322 000	−214 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	2 007 000	1 816 000	0
Total Tangible Assets	2 007 000	1 816 000	0
Total Fiancial Fixed Assets	50 000	109 000	0
Total Fixed Assets	2 056 000	1 925 000	0
Stock	12 572 000	4 268 000	118 000
Total Investments	0	0	0
Cash, Bank	129 000	95 000	479 000
Total Current Assets	20 053 000	4 635 000	851 000
Total Assets	22 109 000	6 560 000	851 000
Total Equity	585 000	−736 000	586 000
Short-Term Group Debt	7 300 000	2 000 000	0
Total Long-Term Debt	336 000	394 000	0
Creditors	2 605 000	1 749 000	265 000
Unpaid Taxes	2 675 000	599 000	0
Dividends	0	0	0
Other Current Debt	302 000	232 000	0
Total Current Debt	21 188 000	6 901 000	265 000
Total Equity and Debt	22 109 000	6 560 000	851 000

Financial indicators	2022	2021	2020
Return on Equity	89,06 %	179,62 %	−36,52 %
Debt-to-Equity Ratio	0,57	−0,54	0
Operating Profit Margin	2,78 %	−7,38 %	-
Current Ratio	0,95	0,67	3,21
Quick Ratio	2,33	1,76	5,79
Equity Ratio	0,03	−0,11	0,69
Gross Profit Margin	18,28 %	20,44 %	-