SPRINGSTEEN INVEST AS

1187 OSLO

Finances

Return on Equity

−16,19 %

Current Ratio

5,26

Debt-to-Equity Ratio

0,5

Key figures (NOK)	2022	2021	2020	2019
Revenue	240 000	0	0	49 000
Net Income	−160 000	−334 000	−488 000	4 015 000
Total Assets	1 554 000	1 430 000	1 805 000	5 185 000
Total Equity	988 000	1 125 000	1 533 000	2 521 000

Income (NOK)	2022	2021	2020	2019
Revenue	240 000	0	0	49 000
Expenditure	446 000	412 000	759 000	152 000
Operating Profit	−206 000	−412 000	−758 000	−103 000
Financial Income	20 000	0	0	4 127 000
Financial Costs	18 000	12 000	3 000	0
Financial Balance	2 000	−12 000	−3 000	4 127 000
Earnings Before Tax	−204 000	−425 000	−761 000	4 024 000
Tax	−44 000	−91 000	−273 000	8 000
Net Income	−160 000	−334 000	−488 000	4 015 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 175 000	881 000	835 000	545 000
Total Current Assets	379 000	549 000	971 000	4 640 000
Total Assets	1 554 000	1 430 000	1 805 000	5 185 000
Total Retained Equity	958 000	1 095 000	1 503 000	1 991 000
Total Equity	988 000	1 125 000	1 533 000	2 521 000
Total Long-Term Debt	495 000	137 000	154 000	0
Total Current Debt	72 000	168 000	118 000	2 664 000
Total Equity and Debt	1 554 000	1 430 000	1 805 000	5 185 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	240 000	0	0	49 000
Other Income	0	0	0	0
Revenue	240 000	0	0	49 000
Cost of Goods Sold	94 000	4 000	0	27 000
Salary Costs	55 000	177 000	513 000	50 000
Depreciation	56 000	71 000	143 000	3 000
Impairment	0	0	0	0
Expenditure	446 000	412 000	759 000	152 000
Operating Profit	−206 000	−412 000	−758 000	−103 000
Financial Income	20 000	0	0	4 127 000
Financial Costs	18 000	12 000	3 000	0
Financial Balance	2 000	−12 000	−3 000	4 127 000
Dividends	0	75 000	0	2 000 000
Net Income	−160 000	−334 000	−488 000	4 015 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	402 000	364 000	273 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	529 000	398 000	469 000	453 000
Total Tangible Assets	529 000	398 000	469 000	453 000
Total Fiancial Fixed Assets	244 000	119 000	92 000	92 000
Total Fixed Assets	1 175 000	881 000	835 000	545 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	387 000	547 000	941 000	10 000
Total Current Assets	379 000	549 000	971 000	4 640 000
Total Assets	1 554 000	1 430 000	1 805 000	5 185 000
Total Equity	988 000	1 125 000	1 533 000	2 521 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	495 000	137 000	154 000	0
Creditors	29 000	8 000	9 000	0
Unpaid Taxes	15 000	17 000	25 000	4 000
Dividends	0	75 000	0	2 000 000
Other Current Debt	28 000	68 000	84 000	660 000
Total Current Debt	72 000	168 000	118 000	2 664 000
Total Equity and Debt	1 554 000	1 430 000	1 805 000	5 185 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,19 %	−29,69 %	−31,83 %	159,26 %
Debt-to-Equity Ratio	0,5	0,12	0,1	0
Operating Profit Margin	−85,83 %	-	-	−210,2 %
Current Ratio	5,26	3,27	8,23	1,74
Quick Ratio	5,26	3,27	8,23	1,74
Equity Ratio	0,64	0,79	0,85	0,49
Gross Profit Margin	60,83 %	-	-	44,9 %