SPEX GROUP AS

7075 TILLER

Finances

Return on Equity

15,76 %

Current Ratio

1,41

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	695 290 000	614 736 000	412 436 000	500 906 000
Net Income	16 076 000	25 875 000	18 645 000	11 942 000
Total Assets	343 663 000	286 557 000	185 198 000	242 136 000
Total Equity	101 991 000	95 755 000	90 012 000	51 155 000

Income (NOK)	2022	2021	2020	2019
Revenue	695 290 000	614 736 000	412 436 000	500 906 000
Expenditure	665 173 000	579 777 000	394 306 000	476 710 000
Operating Profit	30 117 000	34 959 000	18 131 000	24 195 000
Financial Income	19 434 000	5 955 000	35 123 000	3 452 000
Financial Costs	28 581 000	7 707 000	29 349 000	12 170 000
Financial Balance	−9 147 000	−1 752 000	5 774 000	−8 718 000
Earnings Before Tax	20 970 000	33 207 000	23 904 000	15 477 000
Tax	4 894 000	7 332 000	5 259 000	3 534 000
Net Income	16 076 000	25 875 000	18 645 000	11 942 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 457 000	16 356 000	7 330 000	8 291 000
Total Current Assets	329 205 000	270 201 000	177 868 000	233 845 000
Total Assets	343 663 000	286 557 000	185 198 000	242 136 000
Total Retained Equity	53 847 000	47 611 000	41 868 000	24 537 000
Total Equity	101 991 000	95 755 000	90 012 000	51 155 000
Total Long-Term Debt	7 500 000	9 500 000	0	10 142 000
Total Current Debt	234 172 000	181 302 000	95 187 000	180 839 000
Total Equity and Debt	343 663 000	286 557 000	185 198 000	242 136 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	691 433 000	613 053 000	411 003 000	499 023 000
Other Income	3 857 000	1 683 000	1 433 000	1 883 000
Revenue	695 290 000	614 736 000	412 436 000	500 906 000
Cost of Goods Sold	570 652 000	498 372 000	340 909 000	416 135 000
Salary Costs	42 936 000	36 651 000	27 050 000	26 338 000
Depreciation	2 445 000	3 380 000	4 185 000	4 192 000
Impairment	0	0	0	0
Expenditure	665 173 000	579 777 000	394 306 000	476 710 000
Operating Profit	30 117 000	34 959 000	18 131 000	24 195 000
Financial Income	19 434 000	5 955 000	35 123 000	3 452 000
Financial Costs	28 581 000	7 707 000	29 349 000	12 170 000
Financial Balance	−9 147 000	−1 752 000	5 774 000	−8 718 000
Dividends	10 000 000	20 000 000	0	0
Net Income	16 076 000	25 875 000	18 645 000	11 942 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	90 000	1 070 000	2 899 000	5 589 000
Total Intangible Assets	2 981 000	3 356 000	4 540 000	6 202 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 826 000	8 151 000	2 454 000	1 788 000
Total Tangible Assets	7 826 000	8 151 000	2 454 000	1 788 000
Total Fiancial Fixed Assets	3 650 000	4 850 000	336 000	301 000
Total Fixed Assets	14 457 000	16 356 000	7 330 000	8 291 000
Stock	233 118 000	149 780 000	86 233 000	104 520 000
Total Investments	0	0	0	0
Cash, Bank	2 159 000	2 555 000	35 530 000	816 000
Total Current Assets	329 205 000	270 201 000	177 868 000	233 845 000
Total Assets	343 663 000	286 557 000	185 198 000	242 136 000
Total Equity	101 991 000	95 755 000	90 012 000	51 155 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	7 500 000	9 500 000	0	10 142 000
Creditors	164 372 000	108 298 000	62 093 000	150 573 000
Unpaid Taxes	7 298 000	10 705 000	7 771 000	3 970 000
Dividends	10 000 000	20 000 000	0	0
Other Current Debt	15 975 000	11 862 000	6 865 000	8 732 000
Total Current Debt	234 172 000	181 302 000	95 187 000	180 839 000
Total Equity and Debt	343 663 000	286 557 000	185 198 000	242 136 000

Financial indicators	2022	2021	2020	2019
Return on Equity	15,76 %	27,02 %	20,71 %	23,34 %
Debt-to-Equity Ratio	0,07	0,1	0	0,2
Operating Profit Margin	4,33 %	5,69 %	4,4 %	4,83 %
Current Ratio	1,41	1,49	1,87	1,29
Quick Ratio	312,34	8,57	19,86	3,06
Equity Ratio	0,3	0,33	0,49	0,21
Gross Profit Margin	17,93 %	18,93 %	17,34 %	16,92 %