SPIGSETH AS

2100 SKARNES

Finances

Return on Equity

35,26 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,74

Key figures (NOK)	2022	2021	2020
Revenue	1 972 000	2 160 000	604 000
Net Income	269 000	646 000	19 000
Total Assets	1 618 000	1 079 000	493 000
Total Equity	763 000	594 000	49 000

Income (NOK)	2022	2021	2020
Revenue	1 972 000	2 160 000	604 000
Expenditure	1 530 000	1 501 000	572 000
Operating Profit	442 000	659 000	32 000
Financial Income	3 000	3 000	0
Financial Costs	32 000	22 000	8 000
Financial Balance	−29 000	−19 000	−8 000
Earnings Before Tax	413 000	640 000	24 000
Tax	144 000	−5 000	5 000
Net Income	269 000	646 000	19 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	1 296 000	777 000	172 000
Total Current Assets	322 000	302 000	321 000
Total Assets	1 618 000	1 079 000	493 000
Total Retained Equity	733 000	564 000	19 000
Total Equity	763 000	594 000	49 000
Total Long-Term Debt	568 000	150 000	239 000
Total Current Debt	287 000	334 000	205 000
Total Equity and Debt	1 618 000	1 079 000	493 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 972 000	2 160 000	604 000
Other Income	0	0	0
Revenue	1 972 000	2 160 000	604 000
Cost of Goods Sold	250 000	372 000	92 000
Salary Costs	579 000	776 000	165 000
Depreciation	13 000	7 000	0
Impairment	0	0	0
Expenditure	1 530 000	1 501 000	572 000
Operating Profit	442 000	659 000	32 000
Financial Income	3 000	3 000	0
Financial Costs	32 000	22 000	8 000
Financial Balance	−29 000	−19 000	−8 000
Dividends	100 000	100 000	0
Net Income	269 000	646 000	19 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	32 000	24 000	0
Total Tangible Assets	32 000	24 000	0
Total Fiancial Fixed Assets	1 263 000	753 000	172 000
Total Fixed Assets	1 296 000	777 000	172 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	87 000	240 000	90 000
Total Current Assets	322 000	302 000	321 000
Total Assets	1 618 000	1 079 000	493 000
Total Equity	763 000	594 000	49 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	568 000	150 000	239 000
Creditors	15 000	1 000	14 000
Unpaid Taxes	78 000	135 000	60 000
Dividends	100 000	100 000	0
Other Current Debt	61 000	83 000	126 000
Total Current Debt	287 000	334 000	205 000
Total Equity and Debt	1 618 000	1 079 000	493 000

Financial indicators	2022	2021	2020
Return on Equity	35,26 %	108,75 %	38,78 %
Debt-to-Equity Ratio	0,74	0,25	4,88
Operating Profit Margin	22,41 %	30,51 %	5,3 %
Current Ratio	1,12	0,9	1,57
Quick Ratio	1,12	0,9	1,57
Equity Ratio	0,47	0,55	0,1
Gross Profit Margin	87,32 %	82,78 %	84,77 %