SPARINGEN AS

2383 BRUMUNDDAL

Finances

Share Ownership

Return on Equity

46,21 %

Current Ratio

1,81

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 998 000	32 956 000	24 473 000	39 943 000
Net Income	2 557 000	842 000	−1 553 000	5 006 000
Total Assets	15 980 000	12 848 000	8 905 000	12 765 000
Total Equity	5 534 000	2 978 000	2 136 000	3 689 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 998 000	32 956 000	24 473 000	39 943 000
Expenditure	44 620 000	31 524 000	26 338 000	33 504 000
Operating Profit	3 378 000	1 433 000	−1 865 000	6 439 000
Financial Income	18 000	4 000	13 000	32 000
Financial Costs	52 000	20 000	32 000	54 000
Financial Balance	−34 000	−16 000	−19 000	−22 000
Earnings Before Tax	3 344 000	1 416 000	−1 884 000	6 418 000
Tax	788 000	574 000	−331 000	1 412 000
Net Income	2 557 000	842 000	−1 553 000	5 006 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 634 000	2 848 000	3 985 000	4 547 000
Total Current Assets	13 346 000	9 999 000	4 920 000	8 217 000
Total Assets	15 980 000	12 848 000	8 905 000	12 765 000
Total Retained Equity	5 118 000	2 561 000	1 719 000	3 272 000
Total Equity	5 534 000	2 978 000	2 136 000	3 689 000
Total Long-Term Debt	3 091 000	3 549 000	3 535 000	574 000
Total Current Debt	7 355 000	6 321 000	3 235 000	8 502 000
Total Equity and Debt	15 980 000	12 848 000	8 905 000	12 765 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 938 000	32 956 000	24 376 000	39 038 000
Other Income	60 000	0	97 000	904 000
Revenue	47 998 000	32 956 000	24 473 000	39 943 000
Cost of Goods Sold	24 155 000	15 774 000	7 859 000	14 787 000
Salary Costs	8 131 000	6 571 000	6 640 000	8 346 000
Depreciation	718 000	798 000	874 000	811 000
Impairment	0	0	0	0
Expenditure	44 620 000	31 524 000	26 338 000	33 504 000
Operating Profit	3 378 000	1 433 000	−1 865 000	6 439 000
Financial Income	18 000	4 000	13 000	32 000
Financial Costs	52 000	20 000	32 000	54 000
Financial Balance	−34 000	−16 000	−19 000	−22 000
Dividends	0	0	0	3 000 000
Net Income	2 557 000	842 000	−1 553 000	5 006 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	1 176 000	1 260 000	2 102 000	2 160 000
Fixtures	345 000	270 000	187 000	289 000
Total Tangible Assets	1 521 000	1 530 000	2 289 000	2 449 000
Total Fiancial Fixed Assets	1 113 000	1 318 000	1 696 000	2 098 000
Total Fixed Assets	2 634 000	2 848 000	3 985 000	4 547 000
Stock	140 000	176 000	0	0
Total Investments	0	0	0	0
Cash, Bank	7 507 000	3 232 000	2 006 000	2 588 000
Total Current Assets	13 346 000	9 999 000	4 920 000	8 217 000
Total Assets	15 980 000	12 848 000	8 905 000	12 765 000
Total Equity	5 534 000	2 978 000	2 136 000	3 689 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 091 000	3 549 000	3 535 000	574 000
Creditors	2 366 000	1 826 000	1 457 000	1 566 000
Unpaid Taxes	1 408 000	1 616 000	549 000	1 744 000
Dividends	0	0	0	3 000 000
Other Current Debt	2 793 000	2 305 000	1 229 000	739 000
Total Current Debt	7 355 000	6 321 000	3 235 000	8 502 000
Total Equity and Debt	15 980 000	12 848 000	8 905 000	12 765 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,21 %	28,27 %	−72,71 %	135,7 %
Debt-to-Equity Ratio	0,56	1,19	1,65	0,16
Operating Profit Margin	7,04 %	4,35 %	−7,62 %	16,12 %
Current Ratio	1,81	1,58	1,52	0,97
Quick Ratio	1,85	1,63	1,52	0,97
Equity Ratio	0,35	0,23	0,24	0,29
Gross Profit Margin	49,67 %	52,14 %	67,89 %	62,98 %