SPINTECH AS

5230 PARADIS

Finances

Share Ownership

Return on Equity

−62,28 %

Current Ratio

3,53

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−1 990 000	−773 000	−189 000	60 000
Total Assets	5 107 000	3 513 000	2 558 000	830 000
Total Equity	3 195 000	3 197 000	2 374 000	773 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	1 923 000	774 000	196 000	38 000
Operating Profit	−1 923 000	−773 000	−197 000	−38 000
Financial Income	0	0	8 000	99 000
Financial Costs	67 000	0	0	1 000
Financial Balance	−67 000	0	8 000	98 000
Earnings Before Tax	−1 990 000	−773 000	−189 000	60 000
Tax	0	0	0	0
Net Income	−1 990 000	−773 000	−189 000	60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 472 000	3 478 000	1 643 000	808 000
Total Current Assets	635 000	35 000	915 000	23 000
Total Assets	5 107 000	3 513 000	2 558 000	830 000
Total Retained Equity	−2 989 000	−999 000	−225 000	−37 000
Total Equity	3 195 000	3 197 000	2 374 000	773 000
Total Long-Term Debt	1 732 000	0	0	0
Total Current Debt	180 000	316 000	184 000	57 000
Total Equity and Debt	5 107 000	3 513 000	2 558 000	830 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	2 000	0	0
Salary Costs	1 133 000	178 000	0	0
Depreciation	7 000	7 000	7 000	0
Impairment	0	0	0	0
Expenditure	1 923 000	774 000	196 000	38 000
Operating Profit	−1 923 000	−773 000	−197 000	−38 000
Financial Income	0	0	8 000	99 000
Financial Costs	67 000	0	0	1 000
Financial Balance	−67 000	0	8 000	98 000
Dividends	0	0	0	0
Net Income	−1 990 000	−773 000	−189 000	60 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 423 000	3 421 000	1 579 000	737 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	50 000	57 000	64 000	71 000
Total Tangible Assets	50 000	57 000	64 000	71 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 472 000	3 478 000	1 643 000	808 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	612 000	20 000	69 000	3 000
Total Current Assets	635 000	35 000	915 000	23 000
Total Assets	5 107 000	3 513 000	2 558 000	830 000
Total Equity	3 195 000	3 197 000	2 374 000	773 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 732 000	0	0	0
Creditors	73 000	283 000	128 000	51 000
Unpaid Taxes	98 000	33 000	55 000	6 000
Dividends	0	0	0	0
Other Current Debt	9 000	0	0	0
Total Current Debt	180 000	316 000	184 000	57 000
Total Equity and Debt	5 107 000	3 513 000	2 558 000	830 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−62,28 %	−24,18 %	−7,96 %	7,76 %
Debt-to-Equity Ratio	0,54	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	3,53	0,11	4,97	0,4
Quick Ratio	3,53	0,11	4,97	0,4
Equity Ratio	0,63	0,91	0,93	0,93
Gross Profit Margin	-	-	-	-