SPEARHEAD TECHNOLOGIES AS

9911 JARFJORD

Finances

Share Ownership

Return on Equity

−16,74 %

Current Ratio

19,5

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	392 000	1 580 000	1 831 000
Net Income	−39 000	0	0	2 000
Total Assets	245 000	542 000	1 534 000	1 356 000
Total Equity	233 000	272 000	272 000	271 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	392 000	1 580 000	1 831 000
Expenditure	50 000	431 000	1 756 000	1 858 000
Operating Profit	−50 000	−38 000	−177 000	−27 000
Financial Income	0	38 000	177 000	37 000
Financial Costs	0	0	0	7 000
Financial Balance	0	38 000	177 000	30 000
Earnings Before Tax	−50 000	0	0	3 000
Tax	−11 000	0	0	1 000
Net Income	−39 000	0	0	2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 000	0	0	0
Total Current Assets	234 000	542 000	1 534 000	1 356 000
Total Assets	245 000	542 000	1 534 000	1 356 000
Total Retained Equity	59 000	98 000	98 000	98 000
Total Equity	233 000	272 000	272 000	271 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	12 000	270 000	1 263 000	1 085 000
Total Equity and Debt	245 000	542 000	1 534 000	1 356 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	392 000	1 580 000	1 831 000
Other Income	0	0	0	0
Revenue	0	392 000	1 580 000	1 831 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	358 000	1 670 000	1 575 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	50 000	431 000	1 756 000	1 858 000
Operating Profit	−50 000	−38 000	−177 000	−27 000
Financial Income	0	38 000	177 000	37 000
Financial Costs	0	0	0	7 000
Financial Balance	0	38 000	177 000	30 000
Dividends	0	0	0	0
Net Income	−39 000	0	0	2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	11 000	0	0	0
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	0	0	0
Total Fixed Assets	11 000	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	234 000	542 000	1 404 000	1 200 000
Total Current Assets	234 000	542 000	1 534 000	1 356 000
Total Assets	245 000	542 000	1 534 000	1 356 000
Total Equity	233 000	272 000	272 000	271 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	3 000	1 000	12 000	8 000
Unpaid Taxes	0	0	32 000	51 000
Dividends	0	0	0	0
Other Current Debt	9 000	269 000	1 219 000	1 025 000
Total Current Debt	12 000	270 000	1 263 000	1 085 000
Total Equity and Debt	245 000	542 000	1 534 000	1 356 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−16,74 %	0 %	0 %	0,74 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	−9,69 %	−11,2 %	−1,47 %
Current Ratio	19,5	2,01	1,21	1,25
Quick Ratio	19,5	2,01	1,21	1,25
Equity Ratio	0,95	0,5	0,18	0,2
Gross Profit Margin	-	100 %	100 %	100 %