SPINNAKER AS

0768 OSLO

Finances

Share Ownership

Return on Equity

3,34 %

Current Ratio

1,67

Debt-to-Equity Ratio

−1

Key figures (NOK)	2022	2021	2020	2019
Revenue	14 000	21 000	175 000	20 000
Net Income	−26 000	−33 000	94 000	−2 000
Total Assets	5 000	45 000	64 000	1 000
Total Equity	−778 000	−735 000	−702 000	−796 000

Income (NOK)	2022	2021	2020	2019
Revenue	14 000	21 000	175 000	20 000
Expenditure	40 000	54 000	81 000	22 000
Operating Profit	−26 000	−33 000	94 000	−2 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−26 000	−33 000	94 000	−2 000
Tax	0	0	0	0
Net Income	−26 000	−33 000	94 000	−2 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	5 000	45 000	64 000	1 000
Total Assets	5 000	45 000	64 000	1 000
Total Retained Equity	−878 000	−835 000	−802 000	−896 000
Total Equity	−778 000	−735 000	−702 000	−796 000
Total Long-Term Debt	780 000	777 000	763 000	798 000
Total Current Debt	3 000	4 000	4 000	−1 000
Total Equity and Debt	5 000	45 000	64 000	1 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	14 000	21 000	175 000	20 000
Other Income	0	0	0	0
Revenue	14 000	21 000	175 000	20 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	2 000	2 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	40 000	54 000	81 000	22 000
Operating Profit	−26 000	−33 000	94 000	−2 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−26 000	−33 000	94 000	−2 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	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	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 000	27 000	51 000	1 000
Total Current Assets	5 000	45 000	64 000	1 000
Total Assets	5 000	45 000	64 000	1 000
Total Equity	−778 000	−735 000	−702 000	−796 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	780 000	777 000	763 000	798 000
Creditors	0	0	0	0
Unpaid Taxes	3 000	4 000	4 000	−1 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	3 000	4 000	4 000	−1 000
Total Equity and Debt	5 000	45 000	64 000	1 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,34 %	4,49 %	−13,39 %	0,25 %
Debt-to-Equity Ratio	−1	−1,06	−1,09	−1
Operating Profit Margin	−185,71 %	−157,14 %	53,71 %	−10 %
Current Ratio	1,67	11,25	16	−1
Quick Ratio	1,67	11,25	16	−1
Equity Ratio	−155,6	−16,33	−10,97	−796
Gross Profit Margin	100 %	100 %	100 %	100 %