SPRING METHODS AS

7067 TRONDHEIM

Finances

Share Ownership

Return on Equity

404,44 %

Current Ratio

1,09

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 098 000	1 616 000	627 000	1 999 000
Net Income	728 000	374 000	70 000	45 000
Total Assets	1 337 000	985 000	358 000	92 000
Total Equity	180 000	161 000	87 000	87 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 098 000	1 616 000	627 000	1 999 000
Expenditure	1 165 000	1 137 000	536 000	1 943 000
Operating Profit	932 000	479 000	90 000	56 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	1 000
Earnings Before Tax	933 000	479 000	90 000	57 000
Tax	205 000	105 000	20 000	12 000
Net Income	728 000	374 000	70 000	45 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	73 000	10 000	18 000	0
Total Current Assets	1 264 000	975 000	341 000	92 000
Total Assets	1 337 000	985 000	358 000	92 000
Total Retained Equity	132 000	118 000	45 000	45 000
Total Equity	180 000	161 000	87 000	87 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 157 000	824 000	271 000	4 000
Total Equity and Debt	1 337 000	985 000	358 000	92 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 098 000	1 616 000	627 000	1 999 000
Other Income	0	0	0	0
Revenue	2 098 000	1 616 000	627 000	1 999 000
Cost of Goods Sold	44 000	39 000	495 000	1 691 000
Salary Costs	936 000	979 000	2 000	3 000
Depreciation	19 000	7 000	4 000	0
Impairment	0	0	0	0
Expenditure	1 165 000	1 137 000	536 000	1 943 000
Operating Profit	932 000	479 000	90 000	56 000
Financial Income	1 000	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	1 000	0	0	1 000
Dividends	709 000	300 000	70 000	0
Net Income	728 000	374 000	70 000	45 000

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	73 000	10 000	18 000	0
Total Tangible Assets	73 000	10 000	18 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	73 000	10 000	18 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	980 000	395 000	148 000	92 000
Total Current Assets	1 264 000	975 000	341 000	92 000
Total Assets	1 337 000	985 000	358 000	92 000
Total Equity	180 000	161 000	87 000	87 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	5 000	7 000	162 000	0
Unpaid Taxes	155 000	210 000	17 000	3 000
Dividends	709 000	300 000	70 000	0
Other Current Debt	82 000	201 000	2 000	1 000
Total Current Debt	1 157 000	824 000	271 000	4 000
Total Equity and Debt	1 337 000	985 000	358 000	92 000

Financial indicators	2022	2021	2020	2019
Return on Equity	404,44 %	232,3 %	80,46 %	51,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	44,42 %	29,64 %	14,35 %	2,8 %
Current Ratio	1,09	1,18	1,26	23
Quick Ratio	1,09	1,18	1,26	23
Equity Ratio	0,13	0,16	0,24	0,95
Gross Profit Margin	97,9 %	97,59 %	21,05 %	15,41 %