SPIND EIENDOMSUTVIKLING AS

4550 FARSUND

Finances

Share Ownership

Return on Equity

12,36 %

Current Ratio

Debt-to-Equity Ratio

2,89

Key figures (NOK)	2022	2021	2020	2019
Revenue	202 000	129 000	130 000	87 000
Net Income	43 000	−65 000	−93 000	−106 000
Total Assets	1 355 000	1 323 000	1 414 000	1 026 000
Total Equity	348 000	305 000	370 000	462 000

Income (NOK)	2022	2021	2020	2019
Revenue	202 000	129 000	130 000	87 000
Expenditure	104 000	113 000	220 000	201 000
Operating Profit	99 000	16 000	−90 000	−114 000
Financial Income	0	2 000	2 000	2 000
Financial Costs	56 000	43 000	31 000	25 000
Financial Balance	−56 000	−41 000	−29 000	−23 000
Earnings Before Tax	43 000	−25 000	−119 000	−136 000
Tax	0	40 000	−26 000	−30 000
Net Income	43 000	−65 000	−93 000	−106 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 285 000	1 269 000	1 203 000	990 000
Total Current Assets	70 000	54 000	211 000	37 000
Total Assets	1 355 000	1 323 000	1 414 000	1 026 000
Total Retained Equity	48 000	5 000	70 000	162 000
Total Equity	348 000	305 000	370 000	462 000
Total Long-Term Debt	1 005 000	1 017 000	1 039 000	564 000
Total Current Debt	2 000	0	6 000	0
Total Equity and Debt	1 355 000	1 323 000	1 414 000	1 026 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	200 000	129 000	130 000	87 000
Other Income	2 000	0	0	0
Revenue	202 000	129 000	130 000	87 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	40 000	36 000	30 000	62 000
Impairment	0	0	0	0
Expenditure	104 000	113 000	220 000	201 000
Operating Profit	99 000	16 000	−90 000	−114 000
Financial Income	0	2 000	2 000	2 000
Financial Costs	56 000	43 000	31 000	25 000
Financial Balance	−56 000	−41 000	−29 000	−23 000
Dividends	0	0	0	0
Net Income	43 000	−65 000	−93 000	−106 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	40 000	14 000
Real Eastate	1 285 000	1 269 000	1 163 000	976 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 285 000	1 269 000	1 163 000	976 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 285 000	1 269 000	1 203 000	990 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	70 000	54 000	204 000	37 000
Total Current Assets	70 000	54 000	211 000	37 000
Total Assets	1 355 000	1 323 000	1 414 000	1 026 000
Total Equity	348 000	305 000	370 000	462 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 005 000	1 017 000	1 039 000	564 000
Creditors	0	0	5 000	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	2 000	0	1 000	0
Total Current Debt	2 000	0	6 000	0
Total Equity and Debt	1 355 000	1 323 000	1 414 000	1 026 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,36 %	−21,31 %	−25,14 %	−22,94 %
Debt-to-Equity Ratio	2,89	3,33	2,81	1,22
Operating Profit Margin	49,01 %	12,4 %	−69,23 %	−131,03 %
Current Ratio	35	-	35,17	-
Quick Ratio	35	-	35,17	-
Equity Ratio	0,26	0,23	0,26	0,45
Gross Profit Margin	100 %	100 %	100 %	100 %