SPARC TECHNOLOGIES AS

4325 SANDNES

Finances

Share Ownership

Return on Equity

−290,43 %

Current Ratio

0,54

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 599 000	1 228 000	647 000	557 000
Net Income	−607 000	306 000	218 000	152 000
Total Assets	2 401 000	1 509 000	800 000	490 000
Total Equity	209 000	816 000	109 000	−108 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 599 000	1 228 000	647 000	557 000
Expenditure	3 363 000	806 000	351 000	429 000
Operating Profit	−765 000	421 000	296 000	129 000
Financial Income	5 000	1 000	2 000	0
Financial Costs	33 000	16 000	17 000	16 000
Financial Balance	−28 000	−15 000	−15 000	−16 000
Earnings Before Tax	−793 000	406 000	281 000	113 000
Tax	−186 000	100 000	63 000	−39 000
Net Income	−607 000	306 000	218 000	152 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 214 000	3 000	11 000	70 000
Total Current Assets	1 186 000	1 506 000	789 000	420 000
Total Assets	2 401 000	1 509 000	800 000	490 000
Total Retained Equity	−221 000	386 000	79 000	−138 000
Total Equity	209 000	816 000	109 000	−108 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 192 000	693 000	690 000	599 000
Total Equity and Debt	2 401 000	1 509 000	800 000	490 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 599 000	1 222 000	647 000	557 000
Other Income	0	7 000	0	0
Revenue	2 599 000	1 228 000	647 000	557 000
Cost of Goods Sold	2 902 000	640 000	252 000	367 000
Salary Costs	0	0	0	0
Depreciation	5 000	8 000	20 000	0
Impairment	0	0	0	0
Expenditure	3 363 000	806 000	351 000	429 000
Operating Profit	−765 000	421 000	296 000	129 000
Financial Income	5 000	1 000	2 000	0
Financial Costs	33 000	16 000	17 000	16 000
Financial Balance	−28 000	−15 000	−15 000	−16 000
Dividends	0	0	0	0
Net Income	−607 000	306 000	218 000	152 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	186 000	0	0	39 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	29 000	3 000	11 000	31 000
Total Tangible Assets	29 000	3 000	11 000	31 000
Total Fiancial Fixed Assets	1 000 000	0	0	0
Total Fixed Assets	1 214 000	3 000	11 000	70 000
Stock	318 000	318 000	341 000	93 000
Total Investments	0	0	0	0
Cash, Bank	755 000	931 000	363 000	315 000
Total Current Assets	1 186 000	1 506 000	789 000	420 000
Total Assets	2 401 000	1 509 000	800 000	490 000
Total Equity	209 000	816 000	109 000	−108 000
Short-Term Group Debt	325 000	315 000	495 000	487 000
Total Long-Term Debt	0	0	0	0
Creditors	184 000	9 000	45 000	6 000
Unpaid Taxes	0	252 000	123 000	95 000
Dividends	0	0	0	0
Other Current Debt	1 683 000	18 000	3 000	11 000
Total Current Debt	2 192 000	693 000	690 000	599 000
Total Equity and Debt	2 401 000	1 509 000	800 000	490 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−290,43 %	37,5 %	200 %	−140,74 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−29,43 %	34,28 %	45,75 %	23,16 %
Current Ratio	0,54	2,17	1,14	0,7
Quick Ratio	0,63	4,02	2,26	0,83
Equity Ratio	0,09	0,54	0,14	−0,22
Gross Profit Margin	−11,66 %	47,88 %	61,05 %	34,11 %