SPINNER RECORDS AS

2100 SKARNES

Finances

Return on Equity

−6,03 %

Current Ratio

25,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 864 000	7 808 000	2 129 000	10 052 000
Net Income	−416 000	267 000	−8 000	1 166 000
Total Assets	7 175 000	7 888 000	8 054 000	8 308 000
Total Equity	6 904 000	7 321 000	7 054 000	7 062 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 864 000	7 808 000	2 129 000	10 052 000
Expenditure	5 349 000	7 183 000	2 304 000	8 600 000
Operating Profit	−485 000	625 000	−175 000	1 452 000
Financial Income	70 000	35 000	66 000	88 000
Financial Costs	1 000	0	−70 000	−2 000
Financial Balance	69 000	35 000	136 000	90 000
Earnings Before Tax	−416 000	660 000	−39 000	1 542 000
Tax	0	394 000	−31 000	376 000
Net Income	−416 000	267 000	−8 000	1 166 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	148 000	164 000	90 000	46 000
Total Current Assets	7 027 000	7 724 000	7 964 000	8 262 000
Total Assets	7 175 000	7 888 000	8 054 000	8 308 000
Total Retained Equity	6 804 000	7 221 000	6 954 000	6 962 000
Total Equity	6 904 000	7 321 000	7 054 000	7 062 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	271 000	568 000	1 000 000	1 246 000
Total Equity and Debt	7 175 000	7 888 000	8 054 000	8 308 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 864 000	7 162 000	1 668 000	10 052 000
Other Income	0	647 000	462 000	0
Revenue	4 864 000	7 808 000	2 129 000	10 052 000
Cost of Goods Sold	283 000	125 000	98 000	157 000
Salary Costs	437 000	373 000	311 000	335 000
Depreciation	33 000	18 000	26 000	30 000
Impairment	0	0	0	0
Expenditure	5 349 000	7 183 000	2 304 000	8 600 000
Operating Profit	−485 000	625 000	−175 000	1 452 000
Financial Income	70 000	35 000	66 000	88 000
Financial Costs	1 000	0	−70 000	−2 000
Financial Balance	69 000	35 000	136 000	90 000
Dividends	0	0	0	500 000
Net Income	−416 000	267 000	−8 000	1 166 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	76 000	92 000	18 000	44 000
Total Tangible Assets	76 000	92 000	18 000	44 000
Total Fiancial Fixed Assets	72 000	72 000	72 000	2 000
Total Fixed Assets	148 000	164 000	90 000	46 000
Stock	355 000	482 000	537 000	570 000
Total Investments	0	0	0	0
Cash, Bank	6 514 000	6 084 000	6 293 000	7 316 000
Total Current Assets	7 027 000	7 724 000	7 964 000	8 262 000
Total Assets	7 175 000	7 888 000	8 054 000	8 308 000
Total Equity	6 904 000	7 321 000	7 054 000	7 062 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	97 000	60 000	898 000	76 000
Unpaid Taxes	39 000	45 000	11 000	172 000
Dividends	0	0	0	500 000
Other Current Debt	135 000	69 000	91 000	122 000
Total Current Debt	271 000	568 000	1 000 000	1 246 000
Total Equity and Debt	7 175 000	7 888 000	8 054 000	8 308 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−6,03 %	3,65 %	−0,11 %	16,51 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−9,97 %	8 %	−8,22 %	14,44 %
Current Ratio	25,93	13,6	7,96	6,63
Quick Ratio	−83,65	89,81	17,2	12,22
Equity Ratio	0,96	0,93	0,88	0,85
Gross Profit Margin	94,18 %	98,4 %	95,4 %	98,44 %