SPIT AIR AS

3676 NOTODDEN

Finances

Return on Equity

16,15 %

Current Ratio

3,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 000	120 000	120 000	120 000
Net Income	13 096 000	−86 530 000	686 000	166 598 000
Total Assets	93 494 000	72 499 000	167 671 000	168 069 000
Total Equity	81 090 000	67 994 000	157 524 000	166 838 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 000	120 000	120 000	120 000
Expenditure	367 000	286 000	412 000	140 000
Operating Profit	−247 000	−166 000	−291 000	−20 000
Financial Income	27 716 000	17 891 000	2 291 000	167 823 000
Financial Costs	14 131 000	102 821 000	1 257 000	41 000
Financial Balance	13 585 000	−84 930 000	1 034 000	167 782 000
Earnings Before Tax	13 337 000	−85 096 000	743 000	167 762 000
Tax	241 000	1 434 000	56 000	1 164 000
Net Income	13 096 000	−86 530 000	686 000	166 598 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	51 217 000	33 629 000	117 913 000	86 414 000
Total Current Assets	42 277 000	38 870 000	49 758 000	81 655 000
Total Assets	93 494 000	72 499 000	167 671 000	168 069 000
Total Retained Equity	80 990 000	67 894 000	157 424 000	166 738 000
Total Equity	81 090 000	67 994 000	157 524 000	166 838 000
Total Long-Term Debt	0	0	8 000	6 000
Total Current Debt	12 404 000	4 505 000	10 139 000	1 226 000
Total Equity and Debt	93 494 000	72 499 000	167 671 000	168 069 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	120 000	120 000	120 000	120 000
Other Income	0	0	0	0
Revenue	120 000	120 000	120 000	120 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	54 000	48 000	13 000	0
Impairment	0	0	0	0
Expenditure	367 000	286 000	412 000	140 000
Operating Profit	−247 000	−166 000	−291 000	−20 000
Financial Income	27 716 000	17 891 000	2 291 000	167 823 000
Financial Costs	14 131 000	102 821 000	1 257 000	41 000
Financial Balance	13 585 000	−84 930 000	1 034 000	167 782 000
Dividends	0	0	10 000 000	0
Net Income	13 096 000	−86 530 000	686 000	166 598 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 105 000	1 116 000	1 127 000	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	204 000	225 000	155 000	61 000
Total Tangible Assets	17 611 000	13 745 000	12 930 000	11 125 000
Total Fiancial Fixed Assets	33 606 000	19 884 000	104 983 000	75 289 000
Total Fixed Assets	51 217 000	33 629 000	117 913 000	86 414 000
Stock	0	0	0	0
Total Investments	8 586 000	27 414 000	15 482 000	0
Cash, Bank	33 646 000	11 434 000	34 229 000	81 634 000
Total Current Assets	42 277 000	38 870 000	49 758 000	81 655 000
Total Assets	93 494 000	72 499 000	167 671 000	168 069 000
Total Equity	81 090 000	67 994 000	157 524 000	166 838 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	8 000	6 000
Creditors	25 000	63 000	84 000	28 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	10 000 000	0
Other Current Debt	12 379 000	0	0	33 000
Total Current Debt	12 404 000	4 505 000	10 139 000	1 226 000
Total Equity and Debt	93 494 000	72 499 000	167 671 000	168 069 000

Financial indicators	2022	2021	2020	2019
Return on Equity	16,15 %	−127,26 %	0,44 %	99,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−205,83 %	−138,33 %	−242,5 %	−16,67 %
Current Ratio	3,41	8,63	4,91	66,6
Quick Ratio	3,41	8,63	4,91	66,6
Equity Ratio	0,87	0,94	0,94	0,99
Gross Profit Margin	100 %	100 %	100 %	100 %