SPENNARMERING AS

7514 STJØRDAL

Finances

Return on Equity

6,9 %

Current Ratio

1,12

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	709 166 000	496 860 000	350 502 000	311 814 000
Net Income	5 172 000	33 948 000	26 378 000	14 237 000
Total Assets	261 997 000	256 019 000	179 253 000	166 256 000
Total Equity	74 999 000	69 827 000	60 879 000	60 092 000

Income (NOK)	2022	2021	2020	2019
Revenue	709 166 000	496 860 000	350 502 000	311 814 000
Expenditure	703 306 000	456 243 000	310 684 000	296 022 000
Operating Profit	5 860 000	40 617 000	39 063 000	16 546 000
Financial Income	1 864 000	2 706 000	1 016 000	1 729 000
Financial Costs	858 000	122 000	5 983 000	86 000
Financial Balance	1 006 000	2 584 000	−4 967 000	1 643 000
Earnings Before Tax	6 867 000	43 201 000	34 095 000	18 190 000
Tax	1 694 000	9 253 000	7 717 000	3 953 000
Net Income	5 172 000	33 948 000	26 378 000	14 237 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	53 014 000	59 366 000	56 523 000	57 380 000
Total Current Assets	208 983 000	196 652 000	122 729 000	108 876 000
Total Assets	261 997 000	256 019 000	179 253 000	166 256 000
Total Retained Equity	73 799 000	68 627 000	59 679 000	58 892 000
Total Equity	74 999 000	69 827 000	60 879 000	60 092 000
Total Long-Term Debt	0	8 601 000	8 242 000	5 283 000
Total Current Debt	186 998 000	177 591 000	110 131 000	100 881 000
Total Equity and Debt	261 997 000	256 019 000	179 253 000	166 256 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	708 817 000	496 540 000	349 613 000	311 690 000
Other Income	349 000	320 000	888 000	123 000
Revenue	709 166 000	496 860 000	350 502 000	311 814 000
Cost of Goods Sold	571 145 000	344 898 000	204 594 000	184 804 000
Salary Costs	78 373 000	73 508 000	61 924 000	58 701 000
Depreciation	9 344 000	7 123 000	5 312 000	4 505 000
Impairment	0	0	0	0
Expenditure	703 306 000	456 243 000	310 684 000	296 022 000
Operating Profit	5 860 000	40 617 000	39 063 000	16 546 000
Financial Income	1 864 000	2 706 000	1 016 000	1 729 000
Financial Costs	858 000	122 000	5 983 000	86 000
Financial Balance	1 006 000	2 584 000	−4 967 000	1 643 000
Dividends	0	25 000 000	20 000 000	15 000 000
Net Income	5 172 000	33 948 000	26 378 000	14 237 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 946 000	0	0	0
Real Eastate	45 000	49 000	54 000	60 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 022 000	17 183 000	17 353 000	14 734 000
Total Tangible Assets	16 067 000	17 232 000	17 406 000	14 794 000
Total Fiancial Fixed Assets	34 001 000	42 134 000	39 117 000	42 586 000
Total Fixed Assets	53 014 000	59 366 000	56 523 000	57 380 000
Stock	0	0	0	755 000
Total Investments	24 952 000	10 879 000	12 926 000	10 289 000
Cash, Bank	79 424 000	111 142 000	31 685 000	65 215 000
Total Current Assets	208 983 000	196 652 000	122 729 000	108 876 000
Total Assets	261 997 000	256 019 000	179 253 000	166 256 000
Total Equity	74 999 000	69 827 000	60 879 000	60 092 000
Short-Term Group Debt	0	0	7 168 000	10 000 000
Total Long-Term Debt	0	8 601 000	8 242 000	5 283 000
Creditors	116 087 000	103 636 000	42 880 000	36 504 000
Unpaid Taxes	10 414 000	9 670 000	14 376 000	12 500 000
Dividends	0	25 000 000	20 000 000	15 000 000
Other Current Debt	47 257 000	30 390 000	22 527 000	41 338 000
Total Current Debt	186 998 000	177 591 000	110 131 000	100 881 000
Total Equity and Debt	261 997 000	256 019 000	179 253 000	166 256 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,9 %	48,62 %	43,33 %	23,69 %
Debt-to-Equity Ratio	0	0,12	0,14	0,09
Operating Profit Margin	0,83 %	8,17 %	11,14 %	5,31 %
Current Ratio	1,12	1,11	1,11	1,08
Quick Ratio	1,12	1,11	1,11	1,09
Equity Ratio	0,29	0,27	0,34	0,36
Gross Profit Margin	19,46 %	30,58 %	41,63 %	40,73 %