SPRAY SERVICE AS

0978 OSLO

Finances

Share Ownership

Return on Equity

10,45 %

Current Ratio

1,92

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	22 625 000	18 084 000	16 996 000	19 049 000
Net Income	450 000	525 000	298 000	−60 000
Total Assets	8 728 000	7 475 000	7 386 000	7 343 000
Total Equity	4 307 000	4 274 000	4 185 000	3 887 000

Income (NOK)	2022	2021	2020	2019
Revenue	22 625 000	18 084 000	16 996 000	19 049 000
Expenditure	21 988 000	17 405 000	16 610 000	19 121 000
Operating Profit	637 000	679 000	387 000	−72 000
Financial Income	71 000	1 000	5 000	7 000
Financial Costs	6 000	7 000	8 000	12 000
Financial Balance	65 000	−6 000	−3 000	−5 000
Earnings Before Tax	702 000	673 000	383 000	−77 000
Tax	252 000	149 000	85 000	−17 000
Net Income	450 000	525 000	298 000	−60 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	521 000	603 000	977 000	1 380 000
Total Current Assets	8 207 000	6 872 000	6 410 000	5 963 000
Total Assets	8 728 000	7 475 000	7 386 000	7 343 000
Total Retained Equity	4 207 000	4 174 000	4 085 000	3 787 000
Total Equity	4 307 000	4 274 000	4 185 000	3 887 000
Total Long-Term Debt	146 000	361 000	593 000	805 000
Total Current Debt	4 275 000	2 839 000	2 608 000	2 652 000
Total Equity and Debt	8 728 000	7 475 000	7 386 000	7 343 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	22 620 000	17 662 000	16 887 000	18 965 000
Other Income	5 000	422 000	109 000	84 000
Revenue	22 625 000	18 084 000	16 996 000	19 049 000
Cost of Goods Sold	14 320 000	10 591 000	9 743 000	11 543 000
Salary Costs	4 735 000	4 145 000	4 098 000	4 579 000
Depreciation	371 000	346 000	447 000	494 000
Impairment	0	0	0	0
Expenditure	21 988 000	17 405 000	16 610 000	19 121 000
Operating Profit	637 000	679 000	387 000	−72 000
Financial Income	71 000	1 000	5 000	7 000
Financial Costs	6 000	7 000	8 000	12 000
Financial Balance	65 000	−6 000	−3 000	−5 000
Dividends	400 000	400 000	0	0
Net Income	450 000	525 000	298 000	−60 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	73 000	91 000	48 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	862 000	1 240 000
Fixtures	521 000	530 000	24 000	92 000
Total Tangible Assets	521 000	530 000	886 000	1 332 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	521 000	603 000	977 000	1 380 000
Stock	3 385 000	3 354 000	3 031 000	2 840 000
Total Investments	0	0	0	0
Cash, Bank	3 456 000	2 096 000	1 815 000	1 232 000
Total Current Assets	8 207 000	6 872 000	6 410 000	5 963 000
Total Assets	8 728 000	7 475 000	7 386 000	7 343 000
Total Equity	4 307 000	4 274 000	4 185 000	3 887 000
Short-Term Group Debt	23 000	5 000	0	0
Total Long-Term Debt	146 000	361 000	593 000	805 000
Creditors	1 670 000	552 000	1 183 000	973 000
Unpaid Taxes	1 210 000	1 044 000	871 000	1 158 000
Dividends	400 000	400 000	0	0
Other Current Debt	798 000	718 000	425 000	520 000
Total Current Debt	4 275 000	2 839 000	2 608 000	2 652 000
Total Equity and Debt	8 728 000	7 475 000	7 386 000	7 343 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,45 %	12,28 %	7,12 %	−1,54 %
Debt-to-Equity Ratio	0,03	0,08	0,14	0,21
Operating Profit Margin	2,82 %	3,75 %	2,28 %	−0,38 %
Current Ratio	1,92	2,42	2,46	2,25
Quick Ratio	9,22	−13,34	−15,15	−31,72
Equity Ratio	0,49	0,57	0,57	0,53
Gross Profit Margin	36,71 %	41,43 %	42,67 %	39,4 %