SPENN TECHNOLOGY AS

4623 KRISTIANSAND S

Finances

Return on Equity

−143,16 %

Current Ratio

3,04

Debt-to-Equity Ratio

1,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 262 000	1 730 000	1 809 000	336 000
Net Income	−58 810 000	−67 859 000	−23 711 000	−21 978 000
Total Assets	112 423 000	109 504 000	60 135 000	45 332 000
Total Equity	41 080 000	93 134 000	57 102 000	40 084 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 262 000	1 730 000	1 809 000	336 000
Expenditure	68 237 000	71 756 000	26 096 000	21 873 000
Operating Profit	−63 975 000	−70 026 000	−24 287 000	−21 538 000
Financial Income	5 534 000	2 226 000	1 100 000	17 000
Financial Costs	370 000	60 000	524 000	457 000
Financial Balance	5 164 000	2 166 000	576 000	−440 000
Earnings Before Tax	−58 810 000	−67 859 000	−23 711 000	−21 978 000
Tax	0	0	0	0
Net Income	−58 810 000	−67 859 000	−23 711 000	−21 978 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	80 506 000	75 795 000	47 939 000	39 002 000
Total Current Assets	31 917 000	33 708 000	12 196 000	6 330 000
Total Assets	112 423 000	109 504 000	60 135 000	45 332 000
Total Retained Equity	−126 650 000	−67 859 000	0	−35 248 000
Total Equity	41 080 000	93 134 000	57 102 000	40 084 000
Total Long-Term Debt	60 848 000	10 772 000	0	2 031 000
Total Current Debt	10 495 000	5 598 000	3 033 000	3 217 000
Total Equity and Debt	112 423 000	109 504 000	60 135 000	45 332 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 362 000	1 730 000	1 809 000	336 000
Other Income	900 000	0	0	0
Revenue	4 262 000	1 730 000	1 809 000	336 000
Cost of Goods Sold	0	0	0	0
Salary Costs	27 172 000	22 768 000	6 250 000	7 516 000
Depreciation	3 064 000	2 774 000	2 572 000	2 703 000
Impairment	0	0	0	0
Expenditure	68 237 000	71 756 000	26 096 000	21 873 000
Operating Profit	−63 975 000	−70 026 000	−24 287 000	−21 538 000
Financial Income	5 534 000	2 226 000	1 100 000	17 000
Financial Costs	370 000	60 000	524 000	457 000
Financial Balance	5 164 000	2 166 000	576 000	−440 000
Dividends	0	0	0	0
Net Income	−58 810 000	−67 859 000	−23 711 000	−21 978 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	36 302 000	26 444 000	23 163 000	23 011 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	282 000	0	0
Total Tangible Assets	0	282 000	0	0
Total Fiancial Fixed Assets	44 204 000	49 069 000	24 776 000	15 991 000
Total Fixed Assets	80 506 000	75 795 000	47 939 000	39 002 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	14 445 000	11 845 000	8 285 000	3 848 000
Total Current Assets	31 917 000	33 708 000	12 196 000	6 330 000
Total Assets	112 423 000	109 504 000	60 135 000	45 332 000
Total Equity	41 080 000	93 134 000	57 102 000	40 084 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	60 848 000	10 772 000	0	2 031 000
Creditors	8 223 000	2 752 000	1 116 000	1 764 000
Unpaid Taxes	699 000	1 884 000	578 000	816 000
Dividends	0	0	0	0
Other Current Debt	1 574 000	962 000	1 339 000	638 000
Total Current Debt	10 495 000	5 598 000	3 033 000	3 217 000
Total Equity and Debt	112 423 000	109 504 000	60 135 000	45 332 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−143,16 %	−72,86 %	−41,52 %	−54,83 %
Debt-to-Equity Ratio	1,48	0,12	0	0,05
Operating Profit Margin	−1 501,06 %	−4 047,75 %	−1 342,56 %	−6 410,12 %
Current Ratio	3,04	6,02	4,02	1,97
Quick Ratio	3,04	6,02	4,02	1,97
Equity Ratio	0,37	0,85	0,95	0,88
Gross Profit Margin	100 %	100 %	100 %	100 %