SPINE AS

7025 TRONDHEIM

Finances

Return on Equity

22,44 %

Current Ratio

2,83

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 324 000	2 752 000	2 489 000	2 497 000
Net Income	364 000	144 000	−104 000	85 000
Total Assets	2 382 000	1 902 000	1 517 000	1 816 000
Total Equity	1 622 000	1 259 000	1 114 000	1 218 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 324 000	2 752 000	2 489 000	2 497 000
Expenditure	2 907 000	2 792 000	2 493 000	2 394 000
Operating Profit	417 000	−40 000	−4 000	103 000
Financial Income	42 000	178 000	128 000	29 000
Financial Costs	1 000	2 000	228 000	24 000
Financial Balance	41 000	176 000	−100 000	5 000
Earnings Before Tax	457 000	136 000	−105 000	108 000
Tax	94 000	−8 000	0	23 000
Net Income	364 000	144 000	−104 000	85 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	228 000	85 000	536 000	696 000
Total Current Assets	2 154 000	1 817 000	981 000	1 120 000
Total Assets	2 382 000	1 902 000	1 517 000	1 816 000
Total Retained Equity	1 519 000	1 155 000	1 011 000	1 115 000
Total Equity	1 622 000	1 259 000	1 114 000	1 218 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	760 000	643 000	403 000	598 000
Total Equity and Debt	2 382 000	1 902 000	1 517 000	1 816 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 324 000	2 752 000	2 489 000	2 497 000
Other Income	0	0	0	0
Revenue	3 324 000	2 752 000	2 489 000	2 497 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 367 000	2 129 000	1 738 000	1 759 000
Depreciation	6 000	30 000	40 000	48 000
Impairment	0	0	0	0
Expenditure	2 907 000	2 792 000	2 493 000	2 394 000
Operating Profit	417 000	−40 000	−4 000	103 000
Financial Income	42 000	178 000	128 000	29 000
Financial Costs	1 000	2 000	228 000	24 000
Financial Balance	41 000	176 000	−100 000	5 000
Dividends	0	0	0	0
Net Income	364 000	144 000	−104 000	85 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	17 000	9 000	7 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	16 000	5 000	36 000	76 000
Total Tangible Assets	16 000	5 000	36 000	76 000
Total Fiancial Fixed Assets	204 000	63 000	492 000	613 000
Total Fixed Assets	228 000	85 000	536 000	696 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 811 000	1 729 000	910 000	1 109 000
Total Current Assets	2 154 000	1 817 000	981 000	1 120 000
Total Assets	2 382 000	1 902 000	1 517 000	1 816 000
Total Equity	1 622 000	1 259 000	1 114 000	1 218 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	29 000	30 000	46 000	27 000
Unpaid Taxes	402 000	263 000	196 000	304 000
Dividends	0	0	0	0
Other Current Debt	245 000	351 000	160 000	244 000
Total Current Debt	760 000	643 000	403 000	598 000
Total Equity and Debt	2 382 000	1 902 000	1 517 000	1 816 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,44 %	11,44 %	−9,34 %	6,98 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	12,55 %	−1,45 %	−0,16 %	4,12 %
Current Ratio	2,83	2,83	2,43	1,87
Quick Ratio	2,83	2,83	2,43	1,87
Equity Ratio	0,68	0,66	0,73	0,67
Gross Profit Margin	100 %	100 %	100 %	100 %