NORSPINN AS

4440 TONSTAD

Finances

Share Ownership

Return on Equity

1,91 %

Current Ratio

8,21

Debt-to-Equity Ratio

−2,15

Key figures (NOK)	2022	2021	2020	2019
Revenue	266 000	184 000	104 000	376 000
Net Income	−22 000	−468 000	−488 000	−193 000
Total Assets	1 365 000	1 282 000	1 751 000	2 251 000
Total Equity	−1 152 000	−1 130 000	−662 000	−174 000

Income (NOK)	2022	2021	2020	2019
Revenue	266 000	184 000	104 000	376 000
Expenditure	287 000	652 000	591 000	569 000
Operating Profit	−21 000	−468 000	−488 000	−193 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Earnings Before Tax	−22 000	−468 000	−488 000	−193 000
Tax	0	0	0	0
Net Income	−22 000	−468 000	−488 000	−193 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 046 000	1 008 000	1 473 000	1 938 000
Total Current Assets	320 000	274 000	278 000	313 000
Total Assets	1 365 000	1 282 000	1 751 000	2 251 000
Total Retained Equity	−1 182 000	−1 160 000	−692 000	−204 000
Total Equity	−1 152 000	−1 130 000	−662 000	−174 000
Total Long-Term Debt	2 478 000	2 414 000	2 421 000	2 421 000
Total Current Debt	39 000	−2 000	−9 000	5 000
Total Equity and Debt	1 365 000	1 282 000	1 751 000	2 251 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	266 000	184 000	104 000	35 000
Other Income	0	0	0	341 000
Revenue	266 000	184 000	104 000	376 000
Cost of Goods Sold	−45 000	−87 000	−62 000	12 000
Salary Costs	0	0	0	0
Depreciation	15 000	465 000	465 000	388 000
Impairment	0	0	0	0
Expenditure	287 000	652 000	591 000	569 000
Operating Profit	−21 000	−468 000	−488 000	−193 000
Financial Income	0	0	0	0
Financial Costs	1 000	0	0	0
Financial Balance	−1 000	0	0	0
Dividends	0	0	0	0
Net Income	−22 000	−468 000	−488 000	−193 000

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	1 046 000	1 008 000	1 473 000	1 938 000
Total Tangible Assets	1 046 000	1 008 000	1 473 000	1 938 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 046 000	1 008 000	1 473 000	1 938 000
Stock	228 000	168 000	68 000	6 000
Total Investments	0	0	0	0
Cash, Bank	71 000	14 000	207 000	295 000
Total Current Assets	320 000	274 000	278 000	313 000
Total Assets	1 365 000	1 282 000	1 751 000	2 251 000
Total Equity	−1 152 000	−1 130 000	−662 000	−174 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	2 478 000	2 414 000	2 421 000	2 421 000
Creditors	34 000	−2 000	−9 000	5 000
Unpaid Taxes	5 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	39 000	−2 000	−9 000	5 000
Total Equity and Debt	1 365 000	1 282 000	1 751 000	2 251 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,91 %	41,42 %	73,72 %	110,92 %
Debt-to-Equity Ratio	−2,15	−2,14	−3,66	−13,91
Operating Profit Margin	−7,89 %	−254,35 %	−469,23 %	−51,33 %
Current Ratio	8,21	−137	−30,89	62,6
Quick Ratio	−1,69	−1,61	−3,61	−313
Equity Ratio	−0,84	−0,88	−0,38	−0,08
Gross Profit Margin	116,92 %	147,28 %	159,62 %	96,81 %