SPEED INVEST AS

3208 SANDEFJORD

Finances

Return on Equity

4,01 %

Current Ratio

0,39

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 025 000	3 208 000	2 715 000	2 560 000
Net Income	1 845 000	703 000	729 000	4 636 000
Total Assets	73 776 000	69 393 000	70 214 000	76 337 000
Total Equity	45 974 000	44 809 000	44 107 000	44 867 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 025 000	3 208 000	2 715 000	2 560 000
Expenditure	7 418 000	6 384 000	6 233 000	5 518 000
Operating Profit	−2 393 000	−3 176 000	−3 518 000	−2 958 000
Financial Income	4 738 000	4 349 000	4 639 000	8 690 000
Financial Costs	72 000	47 000	142 000	120 000
Financial Balance	4 666 000	4 302 000	4 497 000	8 570 000
Earnings Before Tax	2 274 000	1 126 000	979 000	5 612 000
Tax	429 000	423 000	250 000	976 000
Net Income	1 845 000	703 000	729 000	4 636 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	72 905 000	68 445 000	68 652 000	73 236 000
Total Current Assets	871 000	948 000	1 562 000	3 101 000
Total Assets	73 776 000	69 393 000	70 214 000	76 337 000
Total Retained Equity	43 364 000	42 199 000	41 497 000	34 667 000
Total Equity	45 974 000	44 809 000	44 107 000	44 867 000
Total Long-Term Debt	25 578 000	23 923 000	25 533 000	31 029 000
Total Current Debt	2 224 000	661 000	575 000	441 000
Total Equity and Debt	73 776 000	69 393 000	70 214 000	76 337 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 849 000	3 208 000	2 715 000	2 560 000
Other Income	176 000	0	0	0
Revenue	5 025 000	3 208 000	2 715 000	2 560 000
Cost of Goods Sold	916 000	11 000	587 000	10 000
Salary Costs	3 028 000	2 733 000	2 441 000	1 938 000
Depreciation	449 000	359 000	455 000	318 000
Impairment	0	0	0	0
Expenditure	7 418 000	6 384 000	6 233 000	5 518 000
Operating Profit	−2 393 000	−3 176 000	−3 518 000	−2 958 000
Financial Income	4 738 000	4 349 000	4 639 000	8 690 000
Financial Costs	72 000	47 000	142 000	120 000
Financial Balance	4 666 000	4 302 000	4 497 000	8 570 000
Dividends	0	0	0	0
Net Income	1 845 000	703 000	729 000	4 636 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 391 000	3 820 000	4 243 000	5 982 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 283 000	807 000	1 268 000	1 723 000
Total Tangible Assets	1 283 000	807 000	1 268 000	1 723 000
Total Fiancial Fixed Assets	68 230 000	63 818 000	63 141 000	65 530 000
Total Fixed Assets	72 905 000	68 445 000	68 652 000	73 236 000
Stock	0	0	0	500 000
Total Investments	0	0	0	1 007 000
Cash, Bank	310 000	489 000	1 317 000	170 000
Total Current Assets	871 000	948 000	1 562 000	3 101 000
Total Assets	73 776 000	69 393 000	70 214 000	76 337 000
Total Equity	45 974 000	44 809 000	44 107 000	44 867 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	25 578 000	23 923 000	25 533 000	31 029 000
Creditors	160 000	82 000	128 000	55 000
Unpaid Taxes	822 000	313 000	205 000	189 000
Dividends	0	0	0	0
Other Current Debt	1 241 000	266 000	241 000	197 000
Total Current Debt	2 224 000	661 000	575 000	441 000
Total Equity and Debt	73 776 000	69 393 000	70 214 000	76 337 000

Financial indicators	2022	2021	2020	2019
Return on Equity	4,01 %	1,57 %	1,65 %	10,33 %
Debt-to-Equity Ratio	0,56	0,53	0,58	0,69
Operating Profit Margin	−47,62 %	−99 %	−129,58 %	−115,55 %
Current Ratio	0,39	1,43	2,72	7,03
Quick Ratio	0,39	1,43	2,72	−52,56
Equity Ratio	0,62	0,65	0,63	0,59
Gross Profit Margin	81,77 %	99,66 %	78,38 %	99,61 %