SPINAKER AS

4006 STAVANGER

Finances

Return on Equity

86,44 %

Current Ratio

3,35

Debt-to-Equity Ratio

0,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 968 000	2 787 000	2 761 000	2 670 000
Net Income	2 066 000	239 000	920 000	−232 000
Total Assets	3 776 000	2 655 000	2 131 000	1 484 000
Total Equity	2 390 000	971 000	1 225 000	518 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 968 000	2 787 000	2 761 000	2 670 000
Expenditure	1 850 000	1 811 000	1 554 000	2 039 000
Operating Profit	1 118 000	977 000	1 207 000	632 000
Financial Income	1 256 000	113 000	0	1 000
Financial Costs	51 000	615 000	25 000	727 000
Financial Balance	1 205 000	−502 000	−25 000	−726 000
Earnings Before Tax	2 324 000	475 000	1 183 000	−95 000
Tax	258 000	236 000	263 000	138 000
Net Income	2 066 000	239 000	920 000	−232 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 362 000	1 255 000	732 000	918 000
Total Current Assets	1 415 000	1 400 000	1 400 000	566 000
Total Assets	3 776 000	2 655 000	2 131 000	1 484 000
Total Retained Equity	2 290 000	871 000	1 125 000	418 000
Total Equity	2 390 000	971 000	1 225 000	518 000
Total Long-Term Debt	965 000	1 132 000	477 000	538 000
Total Current Debt	422 000	553 000	429 000	429 000
Total Equity and Debt	3 776 000	2 655 000	2 131 000	1 484 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 968 000	2 787 000	2 761 000	2 670 000
Other Income	0	0	0	0
Revenue	2 968 000	2 787 000	2 761 000	2 670 000
Cost of Goods Sold	1 163 000	1 005 000	999 000	998 000
Salary Costs	32 000	32 000	29 000	417 000
Depreciation	212 000	281 000	212 000	197 000
Impairment	0	0	0	0
Expenditure	1 850 000	1 811 000	1 554 000	2 039 000
Operating Profit	1 118 000	977 000	1 207 000	632 000
Financial Income	1 256 000	113 000	0	1 000
Financial Costs	51 000	615 000	25 000	727 000
Financial Balance	1 205 000	−502 000	−25 000	−726 000
Dividends	647 000	493 000	212 000	240 000
Net Income	2 066 000	239 000	920 000	−232 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	33 000	37 000	25 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	857 000	901 000	299 000	511 000
Total Tangible Assets	857 000	901 000	299 000	511 000
Total Fiancial Fixed Assets	1 471 000	317 000	407 000	407 000
Total Fixed Assets	2 362 000	1 255 000	732 000	918 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 121 000	1 124 000	1 121 000	294 000
Total Current Assets	1 415 000	1 400 000	1 400 000	566 000
Total Assets	3 776 000	2 655 000	2 131 000	1 484 000
Total Equity	2 390 000	971 000	1 225 000	518 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	965 000	1 132 000	477 000	538 000
Creditors	13 000	172 000	18 000	14 000
Unpaid Taxes	105 000	132 000	120 000	220 000
Dividends	647 000	493 000	212 000	240 000
Other Current Debt	50 000	0	1 000	36 000
Total Current Debt	422 000	553 000	429 000	429 000
Total Equity and Debt	3 776 000	2 655 000	2 131 000	1 484 000

Financial indicators	2022	2021	2020	2019
Return on Equity	86,44 %	24,61 %	75,1 %	−44,79 %
Debt-to-Equity Ratio	0,4	1,17	0,39	1,04
Operating Profit Margin	37,67 %	35,06 %	43,72 %	23,67 %
Current Ratio	3,35	2,53	3,26	1,32
Quick Ratio	3,35	2,53	3,26	1,32
Equity Ratio	0,63	0,37	0,57	0,35
Gross Profit Margin	60,82 %	63,94 %	63,82 %	62,62 %