SPITSBERGEN EIENDOM AS

9170 LONGYEARBYEN

Finances

Return on Equity

0,09 %

Current Ratio

0,25

Debt-to-Equity Ratio

2,48

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 989 000	5 434 000	5 234 000	5 102 000
Net Income	19 000	4 161 000	2 625 000	3 945 000
Total Assets	107 530 000	107 753 000	102 797 000	101 190 000
Total Equity	21 220 000	30 307 000	28 146 000	27 521 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 989 000	5 434 000	5 234 000	5 102 000
Expenditure	2 960 000	2 475 000	1 622 000	2 543 000
Operating Profit	3 030 000	2 960 000	3 613 000	2 559 000
Financial Income	390 000	3 884 000	1 620 000	5 308 000
Financial Costs	2 842 000	1 890 000	2 108 000	3 048 000
Financial Balance	−2 452 000	1 994 000	−488 000	2 260 000
Earnings Before Tax	578 000	4 953 000	3 125 000	4 820 000
Tax	559 000	793 000	500 000	874 000
Net Income	19 000	4 161 000	2 625 000	3 945 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	99 000 000	107 602 000	100 878 000	98 797 000
Total Current Assets	8 530 000	151 000	1 920 000	2 393 000
Total Assets	107 530 000	107 753 000	102 797 000	101 190 000
Total Retained Equity	0	12 793 000	10 632 000	8 007 000
Total Equity	21 220 000	30 307 000	28 146 000	27 521 000
Total Long-Term Debt	52 667 000	60 113 000	61 616 000	61 116 000
Total Current Debt	33 643 000	17 333 000	13 035 000	12 553 000
Total Equity and Debt	107 530 000	107 753 000	102 797 000	101 190 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	5 234 000	5 102 000
Other Income	5 989 000	5 434 000	0	0
Revenue	5 989 000	5 434 000	5 234 000	5 102 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	2 000	76 000	120 000	199 000
Impairment	0	0	0	0
Expenditure	2 960 000	2 475 000	1 622 000	2 543 000
Operating Profit	3 030 000	2 960 000	3 613 000	2 559 000
Financial Income	390 000	3 884 000	1 620 000	5 308 000
Financial Costs	2 842 000	1 890 000	2 108 000	3 048 000
Financial Balance	−2 452 000	1 994 000	−488 000	2 260 000
Dividends	0	2 000 000	0	2 000 000
Net Income	19 000	4 161 000	2 625 000	3 945 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	94 400 000	107 600 000	100 800 000	98 600 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	2 000	78 000	197 000
Total Tangible Assets	94 400 000	107 602 000	100 878 000	98 797 000
Total Fiancial Fixed Assets	4 600 000	0	0	0
Total Fixed Assets	99 000 000	107 602 000	100 878 000	98 797 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	8 440 000	4 000	536 000	2 104 000
Total Current Assets	8 530 000	151 000	1 920 000	2 393 000
Total Assets	107 530 000	107 753 000	102 797 000	101 190 000
Total Equity	21 220 000	30 307 000	28 146 000	27 521 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	52 667 000	60 113 000	61 616 000	61 116 000
Creditors	51 000	1 928 000	332 000	647 000
Unpaid Taxes	0	0	0	0
Dividends	0	2 000 000	0	2 000 000
Other Current Debt	33 593 000	15 405 000	12 703 000	11 906 000
Total Current Debt	33 643 000	17 333 000	13 035 000	12 553 000
Total Equity and Debt	107 530 000	107 753 000	102 797 000	101 190 000

Financial indicators	2022	2021	2020	2019
Return on Equity	0,09 %	13,73 %	9,33 %	14,33 %
Debt-to-Equity Ratio	2,48	1,98	2,19	2,22
Operating Profit Margin	50,59 %	54,47 %	69,03 %	50,16 %
Current Ratio	0,25	0,01	0,15	0,19
Quick Ratio	0,25	0,01	0,15	0,19
Equity Ratio	0,2	0,28	0,27	0,27
Gross Profit Margin	100 %	100 %	100 %	100 %