SPINNERIVEIEN 9 AS

1632 GAMLE FREDRIKSTAD

Finances

Share Ownership

Return on Equity

83,26 %

Current Ratio

0,06

Debt-to-Equity Ratio

0,05

Key figures (NOK)	2021	2020	2019
Revenue	574 000	393 000	119 000
Net Income	179 000	23 000	−6 000
Total Assets	3 874 000	3 811 000	3 889 000
Total Equity	215 000	37 000	13 000

Income (NOK)	2021	2020	2019
Revenue	574 000	393 000	119 000
Expenditure	220 000	225 000	51 000
Operating Profit	355 000	168 000	69 000
Financial Income	0	0	0
Financial Costs	125 000	143 000	75 000
Financial Balance	−125 000	−143 000	−75 000
Earnings Before Tax	229 000	25 000	−6 000
Tax	50 000	2 000	0
Net Income	179 000	23 000	−6 000

Balance (NOK)	2021	2020	2019
Total Fixed Assets	3 667 000	3 744 000	3 821 000
Total Current Assets	207 000	66 000	68 000
Total Assets	3 874 000	3 811 000	3 889 000
Total Retained Equity	196 000	17 000	−6 000
Total Equity	215 000	37 000	13 000
Total Long-Term Debt	10 000	3 736 000	3 811 000
Total Current Debt	3 649 000	38 000	65 000
Total Equity and Debt	3 874 000	3 811 000	3 889 000

Cash flow (NOK)	2021	2020	2019
Sales Income	0	0	0
Other Income	574 000	393 000	119 000
Revenue	574 000	393 000	119 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	77 000	77 000	26 000
Impairment	0	0	0
Expenditure	220 000	225 000	51 000
Operating Profit	355 000	168 000	69 000
Financial Income	0	0	0
Financial Costs	125 000	143 000	75 000
Financial Balance	−125 000	−143 000	−75 000
Dividends	0	0	0
Net Income	179 000	23 000	−6 000

Balance details (NOK)	2021	2020	2019
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	3 667 000	3 744 000	3 821 000
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	3 667 000	3 744 000	3 821 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	3 667 000	3 744 000	3 821 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	204 000	66 000	36 000
Total Current Assets	207 000	66 000	68 000
Total Assets	3 874 000	3 811 000	3 889 000
Total Equity	215 000	37 000	13 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	10 000	3 736 000	3 811 000
Creditors	2 000	13 000	7 000
Unpaid Taxes	3 000	9 000	11 000
Dividends	0	0	0
Other Current Debt	3 603 000	15 000	47 000
Total Current Debt	3 649 000	38 000	65 000
Total Equity and Debt	3 874 000	3 811 000	3 889 000

Financial indicators	2021	2020	2019
Return on Equity	83,26 %	62,16 %	−46,15 %
Debt-to-Equity Ratio	0,05	100,97	293,15
Operating Profit Margin	61,85 %	42,75 %	57,98 %
Current Ratio	0,06	1,74	1,05
Quick Ratio	0,06	1,74	1,05
Equity Ratio	0,06	0,01	0
Gross Profit Margin	100 %	100 %	100 %