SPINN SOL- OG TRENINGSSENTER AS

6440 ELNESVÅGEN

Finances

Share Ownership

Return on Equity

48,1 %

Current Ratio

0,69

Debt-to-Equity Ratio

2,06

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 249 000	1 104 000	1 330 000	1 453 000
Net Income	38 000	−160 000	74 000	22 000
Total Assets	509 000	388 000	513 000	904 000
Total Equity	79 000	41 000	−550 000	−248 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 249 000	1 104 000	1 330 000	1 453 000
Expenditure	1 189 000	1 248 000	1 205 000	1 379 000
Operating Profit	60 000	−144 000	125 000	73 000
Financial Income	0	0	0	0
Financial Costs	55 000	17 000	29 000	43 000
Financial Balance	−55 000	−17 000	−29 000	−43 000
Earnings Before Tax	5 000	−160 000	96 000	30 000
Tax	−33 000	0	22 000	8 000
Net Income	38 000	−160 000	74 000	22 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	324 000	302 000	361 000	416 000
Total Current Assets	185 000	87 000	152 000	488 000
Total Assets	509 000	388 000	513 000	904 000
Total Retained Equity	−1 161 000	−1 199 000	−1 000 000	−698 000
Total Equity	79 000	41 000	−550 000	−248 000
Total Long-Term Debt	163 000	183 000	304 000	357 000
Total Current Debt	267 000	164 000	759 000	795 000
Total Equity and Debt	509 000	388 000	513 000	904 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 249 000	1 053 000	1 280 000	1 453 000
Other Income	0	51 000	50 000	0
Revenue	1 249 000	1 104 000	1 330 000	1 453 000
Cost of Goods Sold	33 000	30 000	58 000	−15 000
Salary Costs	201 000	253 000	329 000	459 000
Depreciation	58 000	60 000	63 000	71 000
Impairment	0	0	0	0
Expenditure	1 189 000	1 248 000	1 205 000	1 379 000
Operating Profit	60 000	−144 000	125 000	73 000
Financial Income	0	0	0	0
Financial Costs	55 000	17 000	29 000	43 000
Financial Balance	−55 000	−17 000	−29 000	−43 000
Dividends	0	0	0	0
Net Income	38 000	−160 000	74 000	22 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	194 000	161 000	161 000	182 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	123 000	141 000	201 000	234 000
Total Tangible Assets	123 000	141 000	201 000	234 000
Total Fiancial Fixed Assets	7 000	0	0	0
Total Fixed Assets	324 000	302 000	361 000	416 000
Stock	30 000	43 000	41 000	66 000
Total Investments	0	0	0	0
Cash, Bank	73 000	14 000	27 000	57 000
Total Current Assets	185 000	87 000	152 000	488 000
Total Assets	509 000	388 000	513 000	904 000
Total Equity	79 000	41 000	−550 000	−248 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	163 000	183 000	304 000	357 000
Creditors	216 000	81 000	637 000	688 000
Unpaid Taxes	12 000	12 000	28 000	30 000
Dividends	0	0	0	0
Other Current Debt	39 000	69 000	94 000	77 000
Total Current Debt	267 000	164 000	759 000	795 000
Total Equity and Debt	509 000	388 000	513 000	904 000

Financial indicators	2022	2021	2020	2019
Return on Equity	48,1 %	−390,24 %	−13,45 %	−8,87 %
Debt-to-Equity Ratio	2,06	4,46	−0,55	−1,44
Operating Profit Margin	4,8 %	−13,04 %	9,4 %	5,02 %
Current Ratio	0,69	0,53	0,2	0,61
Quick Ratio	0,78	0,72	0,21	0,67
Equity Ratio	0,16	0,11	−1,07	−0,27
Gross Profit Margin	97,36 %	97,28 %	95,64 %	101,03 %