SPEEDCAST NORWAY AS

4033 STAVANGER

Finances

Share Ownership

Return on Equity

58,11 %

Current Ratio

0,77

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	152 568 000	135 446 000	168 185 000	160 689 000
Net Income	26 777 000	18 428 000	−44 428 000	8 054 000
Total Assets	290 601 000	290 252 000	238 484 000	211 932 000
Total Equity	46 078 000	19 301 000	620 000	45 048 000

Income (NOK)	2022	2021	2020	2019
Revenue	152 568 000	135 446 000	168 185 000	160 689 000
Expenditure	125 199 000	113 113 000	209 317 000	153 204 000
Operating Profit	27 369 000	22 333 000	−41 132 000	7 485 000
Financial Income	1 359 000	−2 026 000	−2 095 000	2 416 000
Financial Costs	0	0	0	0
Financial Balance	1 359 000	−2 026 000	−2 095 000	2 416 000
Earnings Before Tax	28 728 000	20 306 000	−43 227 000	9 902 000
Tax	1 951 000	1 879 000	1 201 000	1 848 000
Net Income	26 777 000	18 428 000	−44 428 000	8 054 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	102 379 000	93 385 000	96 016 000	44 126 000
Total Current Assets	188 223 000	196 867 000	142 468 000	167 806 000
Total Assets	290 601 000	290 252 000	238 484 000	211 932 000
Total Retained Equity	32 618 000	5 841 000	−12 840 000	31 588 000
Total Equity	46 078 000	19 301 000	620 000	45 048 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	244 524 000	270 951 000	237 864 000	166 883 000
Total Equity and Debt	290 601 000	290 252 000	238 484 000	211 932 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	152 568 000	135 446 000	168 185 000	160 689 000
Other Income	0	0	0	0
Revenue	152 568 000	135 446 000	168 185 000	160 689 000
Cost of Goods Sold	84 884 000	86 569 000	84 508 000	91 067 000
Salary Costs	40 939 000	39 544 000	38 533 000	40 134 000
Depreciation	14 112 000	8 412 000	12 223 000	8 796 000
Impairment	0	0	791 000	0
Expenditure	125 199 000	113 113 000	209 317 000	153 204 000
Operating Profit	27 369 000	22 333 000	−41 132 000	7 485 000
Financial Income	1 359 000	−2 026 000	−2 095 000	2 416 000
Financial Costs	0	0	0	0
Financial Balance	1 359 000	−2 026 000	−2 095 000	2 416 000
Dividends	0	0	0	0
Net Income	26 777 000	18 428 000	−44 428 000	8 054 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	4 572 000	9 188 000	10 763 000	7 932 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	33 105 000	28 701 000	30 911 000	36 194 000
Total Tangible Assets	33 105 000	28 701 000	30 911 000	36 194 000
Total Fiancial Fixed Assets	64 701 000	55 496 000	54 341 000	0
Total Fixed Assets	102 379 000	93 385 000	96 016 000	44 126 000
Stock	8 594 000	5 971 000	1 780 000	4 145 000
Total Investments	0	0	0	0
Cash, Bank	5 955 000	12 749 000	13 150 000	13 245 000
Total Current Assets	188 223 000	196 867 000	142 468 000	167 806 000
Total Assets	290 601 000	290 252 000	238 484 000	211 932 000
Total Equity	46 078 000	19 301 000	620 000	45 048 000
Short-Term Group Debt	228 856 000	255 074 000	208 288 000	134 389 000
Total Long-Term Debt	0	0	0	0
Creditors	1 402 000	2 556 000	6 509 000	15 722 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	14 266 000	12 987 000	18 891 000	16 052 000
Total Current Debt	244 524 000	270 951 000	237 864 000	166 883 000
Total Equity and Debt	290 601 000	290 252 000	238 484 000	211 932 000

Financial indicators	2022	2021	2020	2019
Return on Equity	58,11 %	95,48 %	−7 165,81 %	17,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	17,94 %	16,49 %	−24,46 %	4,66 %
Current Ratio	0,77	0,73	0,6	1,01
Quick Ratio	0,8	0,74	0,6	1,03
Equity Ratio	0,16	0,07	0	0,21
Gross Profit Margin	44,36 %	36,09 %	49,75 %	43,33 %