SPRING VVS AS

0664 OSLO

Finances

Return on Equity

144,92 %

Current Ratio

0,68

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 535 000	10 224 000	7 676 000	4 428 000
Net Income	−1 142 000	289 000	126 000	7 000
Total Assets	1 924 000	2 895 000	2 323 000	2 471 000
Total Equity	−788 000	354 000	65 000	−62 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 535 000	10 224 000	7 676 000	4 428 000
Expenditure	7 626 000	9 826 000	7 469 000	4 347 000
Operating Profit	−1 091 000	397 000	208 000	81 000
Financial Income	0	0	0	0
Financial Costs	38 000	19 000	38 000	65 000
Financial Balance	−38 000	−19 000	−38 000	−65 000
Earnings Before Tax	−1 128 000	378 000	169 000	15 000
Tax	14 000	89 000	43 000	8 000
Net Income	−1 142 000	289 000	126 000	7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	81 000	84 000	148 000	164 000
Total Current Assets	1 843 000	2 811 000	2 175 000	2 308 000
Total Assets	1 924 000	2 895 000	2 323 000	2 471 000
Total Retained Equity	−1 306 000	−164 000	−453 000	−580 000
Total Equity	−788 000	354 000	65 000	−62 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 712 000	2 541 000	2 258 000	2 533 000
Total Equity and Debt	1 924 000	2 895 000	2 323 000	2 471 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 535 000	10 224 000	7 676 000	4 428 000
Other Income	0	0	0	0
Revenue	6 535 000	10 224 000	7 676 000	4 428 000
Cost of Goods Sold	3 177 000	4 767 000	4 001 000	1 142 000
Salary Costs	3 118 000	3 665 000	2 402 000	2 337 000
Depreciation	44 000	24 000	18 000	2 000
Impairment	0	0	0	0
Expenditure	7 626 000	9 826 000	7 469 000	4 347 000
Operating Profit	−1 091 000	397 000	208 000	81 000
Financial Income	0	0	0	0
Financial Costs	38 000	19 000	38 000	65 000
Financial Balance	−38 000	−19 000	−38 000	−65 000
Dividends	0	0	0	0
Net Income	−1 142 000	289 000	126 000	7 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	14 000	103 000	146 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	61 000	50 000	45 000	18 000
Total Tangible Assets	61 000	50 000	45 000	18 000
Total Fiancial Fixed Assets	20 000	20 000	0	0
Total Fixed Assets	81 000	84 000	148 000	164 000
Stock	217 000	226 000	179 000	216 000
Total Investments	0	0	20 000	20 000
Cash, Bank	2 000	144 000	−395 000	75 000
Total Current Assets	1 843 000	2 811 000	2 175 000	2 308 000
Total Assets	1 924 000	2 895 000	2 323 000	2 471 000
Total Equity	−788 000	354 000	65 000	−62 000
Short-Term Group Debt	350 000	50 000	50 000	0
Total Long-Term Debt	0	0	0	0
Creditors	305 000	337 000	405 000	331 000
Unpaid Taxes	255 000	516 000	454 000	559 000
Dividends	0	0	0	0
Other Current Debt	1 355 000	1 370 000	1 350 000	1 461 000
Total Current Debt	2 712 000	2 541 000	2 258 000	2 533 000
Total Equity and Debt	1 924 000	2 895 000	2 323 000	2 471 000

Financial indicators	2022	2021	2020	2019
Return on Equity	144,92 %	81,64 %	193,85 %	−11,29 %
Debt-to-Equity Ratio	−0	0	0	−0
Operating Profit Margin	−16,69 %	3,88 %	2,71 %	1,83 %
Current Ratio	0,68	1,11	0,96	0,91
Quick Ratio	0,74	1,21	1,05	1
Equity Ratio	−0,41	0,12	0,03	−0,03
Gross Profit Margin	51,38 %	53,37 %	47,88 %	74,21 %