SPARMAX AS

3516 HØNEFOSS

Finances

Share Ownership

Return on Equity

5,93 %

Current Ratio

1,78

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	121 270 000	130 385 000	101 541 000	64 756 000
Net Income	1 893 000	12 647 000	8 678 000	928 000
Total Assets	66 116 000	69 114 000	43 749 000	47 896 000
Total Equity	31 899 000	31 451 000	19 511 000	5 286 000

Income (NOK)	2022	2021	2020	2019
Revenue	121 270 000	130 385 000	101 541 000	64 756 000
Expenditure	117 608 000	113 710 000	90 605 000	62 882 000
Operating Profit	3 663 000	16 675 000	10 936 000	1 875 000
Financial Income	91 000	93 000	113 000	399 000
Financial Costs	1 274 000	513 000	986 000	1 650 000
Financial Balance	−1 183 000	−420 000	−873 000	−1 251 000
Earnings Before Tax	2 480 000	16 255 000	10 063 000	624 000
Tax	588 000	3 608 000	1 385 000	−304 000
Net Income	1 893 000	12 647 000	8 678 000	928 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	6 215 000	7 121 000	7 516 000	8 322 000
Total Current Assets	59 901 000	61 993 000	36 233 000	39 574 000
Total Assets	66 116 000	69 114 000	43 749 000	47 896 000
Total Retained Equity	19 566 000	19 117 000	7 178 000	0
Total Equity	31 899 000	31 451 000	19 511 000	5 286 000
Total Long-Term Debt	654 000	1 111 000	1 782 000	1 962 000
Total Current Debt	33 563 000	36 553 000	22 455 000	40 648 000
Total Equity and Debt	66 116 000	69 114 000	43 749 000	47 896 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	114 074 000	120 990 000	100 056 000	64 040 000
Other Income	7 196 000	9 395 000	1 485 000	716 000
Revenue	121 270 000	130 385 000	101 541 000	64 756 000
Cost of Goods Sold	69 913 000	75 093 000	61 739 000	38 001 000
Salary Costs	11 306 000	10 864 000	9 509 000	7 617 000
Depreciation	1 338 000	1 365 000	1 353 000	1 478 000
Impairment	0	0	0	0
Expenditure	117 608 000	113 710 000	90 605 000	62 882 000
Operating Profit	3 663 000	16 675 000	10 936 000	1 875 000
Financial Income	91 000	93 000	113 000	399 000
Financial Costs	1 274 000	513 000	986 000	1 650 000
Financial Balance	−1 183 000	−420 000	−873 000	−1 251 000
Dividends	0	0	1 500 000	0
Net Income	1 893 000	12 647 000	8 678 000	928 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 871 000	2 718 000	2 468 000	2 102 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 310 000	4 245 000	3 599 000	4 749 000
Total Tangible Assets	3 310 000	4 245 000	3 599 000	4 749 000
Total Fiancial Fixed Assets	35 000	158 000	1 449 000	1 471 000
Total Fixed Assets	6 215 000	7 121 000	7 516 000	8 322 000
Stock	52 771 000	49 886 000	25 614 000	26 362 000
Total Investments	0	0	0	0
Cash, Bank	402 000	551 000	1 195 000	550 000
Total Current Assets	59 901 000	61 993 000	36 233 000	39 574 000
Total Assets	66 116 000	69 114 000	43 749 000	47 896 000
Total Equity	31 899 000	31 451 000	19 511 000	5 286 000
Short-Term Group Debt	8 235 000	10 252 000	2 683 000	20 039 000
Total Long-Term Debt	654 000	1 111 000	1 782 000	1 962 000
Creditors	5 985 000	6 005 000	4 608 000	3 677 000
Unpaid Taxes	4 260 000	5 952 000	6 393 000	3 412 000
Dividends	0	0	1 500 000	0
Other Current Debt	1 246 000	2 399 000	2 498 000	2 106 000
Total Current Debt	33 563 000	36 553 000	22 455 000	40 648 000
Total Equity and Debt	66 116 000	69 114 000	43 749 000	47 896 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,93 %	40,21 %	44,48 %	17,56 %
Debt-to-Equity Ratio	0,02	0,04	0,09	0,37
Operating Profit Margin	3,02 %	12,79 %	10,77 %	2,9 %
Current Ratio	1,78	1,7	1,61	0,97
Quick Ratio	−3,12	−4,65	−11,47	2,77
Equity Ratio	0,48	0,46	0,45	0,11
Gross Profit Margin	42,35 %	42,41 %	39,2 %	41,32 %