SPICE OF NORWAY AS

1570 DILLING

Finances

Return on Equity

62,62 %

Current Ratio

1,79

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 622 000	5 830 000	3 346 000	0
Net Income	1 908 000	133 000	113 000	−22 000
Total Assets	6 690 000	1 582 000	1 045 000	692 000
Total Equity	3 047 000	1 138 000	1 005 000	692 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 622 000	5 830 000	3 346 000	0
Expenditure	17 092 000	5 653 000	3 227 000	28 000
Operating Profit	2 531 000	177 000	119 000	−28 000
Financial Income	−75 000	−6 000	26 000	0
Financial Costs	1 000	0	0	0
Financial Balance	−76 000	−6 000	26 000	0
Earnings Before Tax	2 455 000	171 000	145 000	−28 000
Tax	547 000	37 000	32 000	−6 000
Net Income	1 908 000	133 000	113 000	−22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	160 000	488 000	525 000	567 000
Total Current Assets	6 529 000	1 094 000	519 000	125 000
Total Assets	6 690 000	1 582 000	1 045 000	692 000
Total Retained Equity	2 647 000	738 000	605 000	492 000
Total Equity	3 047 000	1 138 000	1 005 000	692 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 643 000	444 000	39 000	0
Total Equity and Debt	6 690 000	1 582 000	1 045 000	692 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	19 622 000	5 830 000	3 346 000	0
Other Income	0	0	0	0
Revenue	19 622 000	5 830 000	3 346 000	0
Cost of Goods Sold	15 244 000	4 855 000	2 853 000	0
Salary Costs	461 000	0	0	0
Depreciation	7 000	0	10 000	14 000
Impairment	0	0	0	0
Expenditure	17 092 000	5 653 000	3 227 000	28 000
Operating Profit	2 531 000	177 000	119 000	−28 000
Financial Income	−75 000	−6 000	26 000	0
Financial Costs	1 000	0	0	0
Financial Balance	−76 000	−6 000	26 000	0
Dividends	0	0	0	0
Net Income	1 908 000	133 000	113 000	−22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	74 000	488 000	525 000	557 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	47 000	0	0	10 000
Fixtures	39 000	0	0	0
Total Tangible Assets	86 000	0	0	10 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	160 000	488 000	525 000	567 000
Stock	3 082 000	449 000	0	0
Total Investments	0	0	0	0
Cash, Bank	236 000	231 000	191 000	18 000
Total Current Assets	6 529 000	1 094 000	519 000	125 000
Total Assets	6 690 000	1 582 000	1 045 000	692 000
Total Equity	3 047 000	1 138 000	1 005 000	692 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 872 000	389 000	0	0
Unpaid Taxes	596 000	45 000	39 000	0
Dividends	0	0	0	0
Other Current Debt	43 000	10 000	1 000	0
Total Current Debt	3 643 000	444 000	39 000	0
Total Equity and Debt	6 690 000	1 582 000	1 045 000	692 000

Financial indicators	2022	2021	2020	2019
Return on Equity	62,62 %	11,69 %	11,24 %	−3,18 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,9 %	3,04 %	3,56 %	-
Current Ratio	1,79	2,46	13,31	-
Quick Ratio	11,64	−218,8	13,31	-
Equity Ratio	0,46	0,72	0,96	1
Gross Profit Margin	22,31 %	16,72 %	14,73 %	-