SPENNCON AS

3516 HØNEFOSS

Finances

Share Ownership

Return on Equity

−211,16 %

Current Ratio

0,59

Debt-to-Equity Ratio

1,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	929 236 000	706 550 000	755 056 000	1 134 634 000
Net Income	−106 550 000	−47 755 000	248 842 000	−114 372 000
Total Assets	566 505 000	484 244 000	605 000 000	662 984 000
Total Equity	50 459 000	56 645 000	105 605 000	−34 016 000

Income (NOK)	2022	2021	2020	2019
Revenue	929 236 000	706 550 000	755 056 000	1 134 634 000
Expenditure	1 033 585 000	742 547 000	772 195 000	1 196 996 000
Operating Profit	−104 350 000	−35 996 000	−17 139 000	−62 361 000
Financial Income	43 998 000	28 172 000	302 317 000	4 029 000
Financial Costs	46 198 000	39 930 000	36 336 000	32 437 000
Financial Balance	−2 200 000	−11 758 000	265 981 000	−28 408 000
Earnings Before Tax	−106 550 000	−47 755 000	248 842 000	−90 769 000
Tax	0	0	0	−9 506 000
Net Income	−106 550 000	−47 755 000	248 842 000	−114 372 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	302 961 000	300 564 000	438 674 000	420 665 000
Total Current Assets	263 544 000	183 680 000	166 326 000	242 319 000
Total Assets	566 505 000	484 244 000	605 000 000	662 984 000
Total Retained Equity	0	0	0	−140 151 000
Total Equity	50 459 000	56 645 000	105 605 000	−34 016 000
Total Long-Term Debt	70 872 000	76 854 000	203 013 000	254 402 000
Total Current Debt	445 174 000	350 745 000	296 379 000	442 597 000
Total Equity and Debt	566 505 000	484 244 000	604 997 000	662 984 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	926 890 000	701 397 000	738 904 000	1 128 400 000
Other Income	2 345 000	5 154 000	16 152 000	6 234 000
Revenue	929 236 000	706 550 000	755 056 000	1 134 634 000
Cost of Goods Sold	573 391 000	344 389 000	364 357 000	575 241 000
Salary Costs	341 211 000	298 958 000	300 045 000	390 347 000
Depreciation	20 006 000	18 161 000	16 630 000	46 257 000
Impairment	0	0	0	32 142 000
Expenditure	1 033 585 000	742 547 000	772 195 000	1 196 996 000
Operating Profit	−104 350 000	−35 996 000	−17 139 000	−62 361 000
Financial Income	43 998 000	28 172 000	302 317 000	4 029 000
Financial Costs	46 198 000	39 930 000	36 336 000	32 437 000
Financial Balance	−2 200 000	−11 758 000	265 981 000	−28 408 000
Dividends	0	0	0	0
Net Income	−106 550 000	−47 755 000	248 842 000	−114 372 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	26 718 000	26 718 000	26 718 000	26 718 000
Total Intangible Assets	26 718 000	26 718 000	26 718 000	28 748 000
Real Eastate	25 046 000	26 870 000	28 929 000	338 862 000
Machinery and Plant Facilities	55 317 000	69 644 000	62 434 000	26 489 000
Fixtures	28 184 000	17 994 000	21 101 000	25 862 000
Total Tangible Assets	108 548 000	114 508 000	112 464 000	391 213 000
Total Fiancial Fixed Assets	167 695 000	159 338 000	299 492 000	704 000
Total Fixed Assets	302 961 000	300 564 000	438 674 000	420 665 000
Stock	23 546 000	25 803 000	18 470 000	42 879 000
Total Investments	0	0	0	0
Cash, Bank	0	0	0	1 283 000
Total Current Assets	263 544 000	183 680 000	166 326 000	242 319 000
Total Assets	566 505 000	484 244 000	605 000 000	662 984 000
Total Equity	50 459 000	56 645 000	105 605 000	−34 016 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	70 872 000	76 854 000	203 013 000	254 402 000
Creditors	117 708 000	91 685 000	65 559 000	154 181 000
Unpaid Taxes	39 915 000	43 018 000	36 236 000	40 922 000
Dividends	0	0	0	0
Other Current Debt	144 832 000	148 289 000	131 383 000	172 961 000
Total Current Debt	445 174 000	350 745 000	296 379 000	442 597 000
Total Equity and Debt	566 505 000	484 244 000	604 997 000	662 984 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−211,16 %	−84,31 %	235,63 %	336,23 %
Debt-to-Equity Ratio	1,4	1,36	1,92	−7,48
Operating Profit Margin	−11,23 %	−5,09 %	−2,27 %	−5,5 %
Current Ratio	0,59	0,52	0,56	0,55
Quick Ratio	0,63	0,57	0,6	0,61
Equity Ratio	0,09	0,12	0,17	−0,05
Gross Profit Margin	38,29 %	51,26 %	51,74 %	49,3 %