SPINVEST AS

5055 BERGEN

Finances

Return on Equity

66,54 %

Current Ratio

1,9

Debt-to-Equity Ratio

0,02

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 108 000	849 000	375 000	341 000
Net Income	171 000	−76 000	14 000	111 000
Total Assets	293 000	87 000	171 000	225 000
Total Equity	257 000	86 000	162 000	147 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 108 000	849 000	375 000	341 000
Expenditure	874 000	925 000	356 000	200 000
Operating Profit	235 000	−76 000	19 000	142 000
Financial Income	1 000	0	0	0
Financial Costs	30 000	0	0	0
Financial Balance	−29 000	0	0	0
Earnings Before Tax	206 000	−76 000	19 000	142 000
Tax	35 000	0	4 000	31 000
Net Income	171 000	−76 000	14 000	111 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	233 000	15 000	15 000	0
Total Current Assets	59 000	72 000	156 000	225 000
Total Assets	293 000	87 000	171 000	225 000
Total Retained Equity	227 000	56 000	132 000	117 000
Total Equity	257 000	86 000	162 000	147 000
Total Long-Term Debt	5 000	0	0	0
Total Current Debt	31 000	1 000	9 000	78 000
Total Equity and Debt	293 000	87 000	171 000	225 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 108 000	849 000	375 000	341 000
Other Income	0	0	0	0
Revenue	1 108 000	849 000	375 000	341 000
Cost of Goods Sold	382 000	747 000	256 000	24 000
Salary Costs	0	0	0	0
Depreciation	3 000	0	0	0
Impairment	0	0	0	0
Expenditure	874 000	925 000	356 000	200 000
Operating Profit	235 000	−76 000	19 000	142 000
Financial Income	1 000	0	0	0
Financial Costs	30 000	0	0	0
Financial Balance	−29 000	0	0	0
Dividends	0	0	0	0
Net Income	171 000	−76 000	14 000	111 000

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	0	0	0	0
Fixtures	87 000	0	0	0
Total Tangible Assets	87 000	0	0	0
Total Fiancial Fixed Assets	146 000	15 000	15 000	0
Total Fixed Assets	233 000	15 000	15 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	28 000	33 000	130 000	117 000
Total Current Assets	59 000	72 000	156 000	225 000
Total Assets	293 000	87 000	171 000	225 000
Total Equity	257 000	86 000	162 000	147 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 000	0	0	0
Creditors	1 000	1 000	1 000	1 000
Unpaid Taxes	0	0	4 000	45 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	31 000	1 000	9 000	78 000
Total Equity and Debt	293 000	87 000	171 000	225 000

Financial indicators	2022	2021	2020	2019
Return on Equity	66,54 %	−88,37 %	8,64 %	75,51 %
Debt-to-Equity Ratio	0,02	0	0	0
Operating Profit Margin	21,21 %	−8,95 %	5,07 %	41,64 %
Current Ratio	1,9	72	17,33	2,88
Quick Ratio	1,9	72	17,33	2,88
Equity Ratio	0,88	0,99	0,95	0,65
Gross Profit Margin	65,52 %	12,01 %	31,73 %	92,96 %