SPAFOR AS

7011 TRONDHEIM

Finances

Return on Equity

37,19 %

Current Ratio

1,53

Debt-to-Equity Ratio

0,7

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 518 000	4 547 000	5 561 000	7 270 000
Net Income	267 000	−97 000	51 000	98 000
Total Assets	3 378 000	3 060 000	2 358 000	3 245 000
Total Equity	718 000	451 000	549 000	497 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 518 000	4 547 000	5 561 000	7 270 000
Expenditure	6 279 000	4 627 000	5 390 000	7 212 000
Operating Profit	359 000	−64 000	108 000	182 000
Financial Income	2 000	0	3 000	2 000
Financial Costs	31 000	34 000	25 000	34 000
Financial Balance	−29 000	−34 000	−22 000	−32 000
Earnings Before Tax	330 000	−97 000	87 000	150 000
Tax	63 000	0	35 000	52 000
Net Income	267 000	−97 000	51 000	98 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	79 000	241 000	498 000	753 000
Total Current Assets	3 299 000	2 819 000	1 861 000	2 492 000
Total Assets	3 378 000	3 060 000	2 358 000	3 245 000
Total Retained Equity	618 000	351 000	449 000	397 000
Total Equity	718 000	451 000	549 000	497 000
Total Long-Term Debt	500 000	840 000	417 000	490 000
Total Current Debt	2 160 000	1 769 000	1 393 000	2 258 000
Total Equity and Debt	3 378 000	3 060 000	2 358 000	3 245 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 274 000	3 712 000	4 989 000	7 226 000
Other Income	244 000	835 000	572 000	44 000
Revenue	6 518 000	4 547 000	5 561 000	7 270 000
Cost of Goods Sold	1 744 000	1 026 000	1 307 000	2 150 000
Salary Costs	1 797 000	1 217 000	1 546 000	1 996 000
Depreciation	162 000	299 000	316 000	335 000
Impairment	0	0	0	0
Expenditure	6 279 000	4 627 000	5 390 000	7 212 000
Operating Profit	359 000	−64 000	108 000	182 000
Financial Income	2 000	0	3 000	2 000
Financial Costs	31 000	34 000	25 000	34 000
Financial Balance	−29 000	−34 000	−22 000	−32 000
Dividends	0	0	0	0
Net Income	267 000	−97 000	51 000	98 000

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	75 000	237 000	490 000	749 000
Total Tangible Assets	75 000	237 000	490 000	749 000
Total Fiancial Fixed Assets	4 000	4 000	7 000	4 000
Total Fixed Assets	79 000	241 000	498 000	753 000
Stock	573 000	454 000	438 000	502 000
Total Investments	0	0	0	0
Cash, Bank	2 395 000	1 996 000	961 000	1 697 000
Total Current Assets	3 299 000	2 819 000	1 861 000	2 492 000
Total Assets	3 378 000	3 060 000	2 358 000	3 245 000
Total Equity	718 000	451 000	549 000	497 000
Short-Term Group Debt	784 000	257 000	208 000	433 000
Total Long-Term Debt	500 000	840 000	417 000	490 000
Creditors	518 000	631 000	415 000	781 000
Unpaid Taxes	240 000	349 000	101 000	242 000
Dividends	0	0	0	0
Other Current Debt	556 000	532 000	634 000	749 000
Total Current Debt	2 160 000	1 769 000	1 393 000	2 258 000
Total Equity and Debt	3 378 000	3 060 000	2 358 000	3 245 000

Financial indicators	2022	2021	2020	2019
Return on Equity	37,19 %	−21,51 %	9,29 %	19,72 %
Debt-to-Equity Ratio	0,7	1,86	0,76	0,99
Operating Profit Margin	5,51 %	−1,41 %	1,94 %	2,5 %
Current Ratio	1,53	1,59	1,34	1,1
Quick Ratio	2,08	2,14	1,95	1,42
Equity Ratio	0,21	0,15	0,23	0,15
Gross Profit Margin	73,24 %	77,44 %	76,5 %	70,43 %