SPRINGHILL TEXTILE AS

0279 OSLO

Finances

Share Ownership

Return on Equity

8,92 %

Current Ratio

4,74

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	30 843 000	26 826 000	23 050 000	26 073 000
Net Income	611 000	1 530 000	666 000	795 000
Total Assets	8 678 000	11 656 000	11 685 000	7 696 000
Total Equity	6 848 000	6 237 000	4 707 000	4 041 000

Income (NOK)	2022	2021	2020	2019
Revenue	30 843 000	26 826 000	23 050 000	26 073 000
Expenditure	30 062 000	24 864 000	22 197 000	25 055 000
Operating Profit	780 000	1 962 000	854 000	1 018 000
Financial Income	4 000	0	0	1 000
Financial Costs	1 000	0	0	0
Financial Balance	3 000	0	0	1 000
Earnings Before Tax	783 000	1 962 000	854 000	1 019 000
Tax	172 000	432 000	188 000	224 000
Net Income	611 000	1 530 000	666 000	795 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 000	11 000	37 000	27 000
Total Current Assets	8 675 000	11 645 000	11 649 000	7 669 000
Total Assets	8 678 000	11 656 000	11 685 000	7 696 000
Total Retained Equity	6 748 000	6 137 000	4 607 000	3 941 000
Total Equity	6 848 000	6 237 000	4 707 000	4 041 000
Total Long-Term Debt	0	5 000	0	0
Total Current Debt	1 831 000	5 414 000	6 978 000	3 655 000
Total Equity and Debt	8 678 000	11 656 000	11 685 000	7 696 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	30 843 000	26 826 000	23 051 000	25 338 000
Other Income	0	0	0	735 000
Revenue	30 843 000	26 826 000	23 050 000	26 073 000
Cost of Goods Sold	24 102 000	20 025 000	17 383 000	16 442 000
Salary Costs	2 267 000	1 921 000	1 692 000	4 824 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	30 062 000	24 864 000	22 197 000	25 055 000
Operating Profit	780 000	1 962 000	854 000	1 018 000
Financial Income	4 000	0	0	1 000
Financial Costs	1 000	0	0	0
Financial Balance	3 000	0	0	1 000
Dividends	0	0	0	0
Net Income	611 000	1 530 000	666 000	795 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 000	0	26 000	16 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	11 000	11 000	11 000
Total Fixed Assets	3 000	11 000	37 000	27 000
Stock	0	0	3 000	13 000
Total Investments	0	0	0	0
Cash, Bank	2 631 000	4 780 000	8 243 000	3 842 000
Total Current Assets	8 675 000	11 645 000	11 649 000	7 669 000
Total Assets	8 678 000	11 656 000	11 685 000	7 696 000
Total Equity	6 848 000	6 237 000	4 707 000	4 041 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	5 000	0	0
Creditors	487 000	342 000	287 000	45 000
Unpaid Taxes	467 000	1 145 000	753 000	912 000
Dividends	0	0	0	0
Other Current Debt	697 000	3 527 000	5 939 000	2 698 000
Total Current Debt	1 831 000	5 414 000	6 978 000	3 655 000
Total Equity and Debt	8 678 000	11 656 000	11 685 000	7 696 000

Financial indicators	2022	2021	2020	2019
Return on Equity	8,92 %	24,53 %	14,15 %	19,67 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,53 %	7,31 %	3,7 %	3,9 %
Current Ratio	4,74	2,15	1,67	2,1
Quick Ratio	4,74	2,15	1,67	2,11
Equity Ratio	0,79	0,54	0,4	0,53
Gross Profit Margin	21,86 %	25,35 %	24,59 %	36,94 %