SPINNVILL KVINESDAL AS

4480 KVINESDAL

Finances

Share Ownership

Return on Equity

35,97 %

Current Ratio

0,07

Debt-to-Equity Ratio

−0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	979 000	866 000	1 053 000	1 325 000
Net Income	−100 000	−300 000	−106 000	81 000
Total Assets	262 000	313 000	474 000	420 000
Total Equity	−278 000	−178 000	122 000	228 000

Income (NOK)	2022	2021	2020	2019
Revenue	979 000	866 000	1 053 000	1 325 000
Expenditure	1 077 000	1 160 000	1 177 000	1 210 000
Operating Profit	−98 000	−294 000	−124 000	114 000
Financial Income	0	0	0	0
Financial Costs	3 000	6 000	7 000	11 000
Financial Balance	−3 000	−6 000	−7 000	−11 000
Earnings Before Tax	−100 000	−300 000	−130 000	104 000
Tax	0	0	−24 000	23 000
Net Income	−100 000	−300 000	−106 000	81 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	223 000	264 000	319 000	173 000
Total Current Assets	39 000	49 000	156 000	247 000
Total Assets	262 000	313 000	474 000	420 000
Total Retained Equity	−380 000	−280 000	20 000	126 000
Total Equity	−278 000	−178 000	122 000	228 000
Total Long-Term Debt	8 000	41 000	73 000	103 000
Total Current Debt	532 000	450 000	279 000	89 000
Total Equity and Debt	262 000	313 000	474 000	420 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	979 000	866 000	1 053 000	1 325 000
Other Income	0	0	0	0
Revenue	979 000	866 000	1 053 000	1 325 000
Cost of Goods Sold	31 000	69 000	124 000	86 000
Salary Costs	163 000	206 000	85 000	117 000
Depreciation	41 000	46 000	55 000	43 000
Impairment	0	0	0	0
Expenditure	1 077 000	1 160 000	1 177 000	1 210 000
Operating Profit	−98 000	−294 000	−124 000	114 000
Financial Income	0	0	0	0
Financial Costs	3 000	6 000	7 000	11 000
Financial Balance	−3 000	−6 000	−7 000	−11 000
Dividends	0	0	0	0
Net Income	−100 000	−300 000	−106 000	81 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	140 000	160 000	180 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	83 000	104 000	139 000	173 000
Total Tangible Assets	223 000	264 000	319 000	173 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	223 000	264 000	319 000	173 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	38 000	51 000	94 000	219 000
Total Current Assets	39 000	49 000	156 000	247 000
Total Assets	262 000	313 000	474 000	420 000
Total Equity	−278 000	−178 000	122 000	228 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	41 000	73 000	103 000
Creditors	512 000	425 000	269 000	47 000
Unpaid Taxes	5 000	9 000	3 000	8 000
Dividends	0	0	0	0
Other Current Debt	15 000	17 000	8 000	12 000
Total Current Debt	532 000	450 000	279 000	89 000
Total Equity and Debt	262 000	313 000	474 000	420 000

Financial indicators	2022	2021	2020	2019
Return on Equity	35,97 %	168,54 %	−86,89 %	35,53 %
Debt-to-Equity Ratio	−0,03	−0,23	0,6	0,45
Operating Profit Margin	−10,01 %	−33,95 %	−11,78 %	8,6 %
Current Ratio	0,07	0,11	0,56	2,78
Quick Ratio	0,07	0,11	0,56	2,78
Equity Ratio	−1,06	−0,57	0,26	0,54
Gross Profit Margin	96,83 %	92,03 %	88,22 %	93,51 %