SPINNAKER PROPERTY III AS

5105 EIDSVÅG I ÅSANE

Finances

Share Ownership

Return on Equity

−950 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019
Revenue	0	0	0
Net Income	−19 000	0	1 000
Total Assets	36 000	31 000	31 000
Total Equity	2 000	21 000	21 000

Income (NOK)	2021	2019
Revenue	0	0
Expenditure	24 000	0
Operating Profit	−24 000	0
Financial Income	0	0
Financial Costs	0	0
Financial Balance	0	0
Earnings Before Tax	−24 000	0
Tax	−5 000	−1 000
Net Income	−19 000	1 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	6 000	1 000	1 000
Total Current Assets	30 000	30 000	30 000
Total Assets	36 000	31 000	31 000
Total Retained Equity	−28 000	−9 000	−9 000
Total Equity	2 000	21 000	21 000
Total Long-Term Debt	6 000	6 000	6 000
Total Current Debt	29 000	5 000	5 000
Total Equity and Debt	36 000	31 000	31 000

Cash flow (NOK)	2021	2019
Sales Income	0	0
Other Income	0	0
Revenue	0	0
Cost of Goods Sold	0	0
Salary Costs	0	0
Depreciation	0	0
Impairment	0	0
Expenditure	24 000	0
Operating Profit	−24 000	0
Financial Income	0	0
Financial Costs	0	0
Financial Balance	0	0
Dividends	0	0
Net Income	−19 000	1 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	6 000	1 000	1 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	6 000	1 000	1 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	0	0	0
Total Current Assets	30 000	30 000	30 000
Total Assets	36 000	31 000	31 000
Total Equity	2 000	21 000	21 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	6 000	6 000	6 000
Creditors	24 000	0	0
Unpaid Taxes	0	0	0
Dividends	0	0	0
Other Current Debt	5 000	5 000	5 000
Total Current Debt	29 000	5 000	5 000
Total Equity and Debt	36 000	31 000	31 000

Financial indicators	2021	2020	2019
Return on Equity	−950 %	0 %	4,76 %
Debt-to-Equity Ratio	3	0,29	0,29
Operating Profit Margin	-	-	-
Current Ratio	1,03	6	6
Quick Ratio	1,03	6	6
Equity Ratio	0,06	0,68	0,68
Gross Profit Margin	-	-	-