SPIFF INNOVATION AS

4624 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

7,17 %

Current Ratio

3,13

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	338 000	245 000	231 000	826 000
Net Income	151 000	173 000	−120 000	3 902 000
Total Assets	2 361 000	2 630 000	3 899 000	4 083 000
Total Equity	2 106 000	2 455 000	3 782 000	3 902 000

Income (NOK)	2022	2021	2020	2019
Revenue	338 000	245 000	231 000	826 000
Expenditure	145 000	165 000	388 000	1 454 000
Operating Profit	193 000	80 000	−157 000	−628 000
Financial Income	2 000	27 000	37 000	4 518 000
Financial Costs	0	0	0	−12 000
Financial Balance	2 000	27 000	37 000	4 530 000
Earnings Before Tax	195 000	107 000	−120 000	3 902 000
Tax	44 000	−66 000	0	0
Net Income	151 000	173 000	−120 000	3 902 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 563 000	1 607 000	1 655 000	1 671 000
Total Current Assets	798 000	1 023 000	2 244 000	2 412 000
Total Assets	2 361 000	2 630 000	3 899 000	4 083 000
Total Retained Equity	2 006 000	2 355 000	3 682 000	3 802 000
Total Equity	2 106 000	2 455 000	3 782 000	3 902 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	255 000	175 000	117 000	181 000
Total Equity and Debt	2 361 000	2 630 000	3 899 000	4 083 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	338 000	245 000	231 000	826 000
Other Income	0	0	0	0
Revenue	338 000	245 000	231 000	826 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	47 000	140 000	769 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	145 000	165 000	388 000	1 454 000
Operating Profit	193 000	80 000	−157 000	−628 000
Financial Income	2 000	27 000	37 000	4 518 000
Financial Costs	0	0	0	−12 000
Financial Balance	2 000	27 000	37 000	4 530 000
Dividends	500 000	1 500 000	0	737 000
Net Income	151 000	173 000	−120 000	3 902 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	8 000	52 000	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	1 555 000	1 555 000	1 655 000	1 671 000
Total Fixed Assets	1 563 000	1 607 000	1 655 000	1 671 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	740 000	954 000	2 224 000	2 280 000
Total Current Assets	798 000	1 023 000	2 244 000	2 412 000
Total Assets	2 361 000	2 630 000	3 899 000	4 083 000
Total Equity	2 106 000	2 455 000	3 782 000	3 902 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	0	0	1 000	1 000
Unpaid Taxes	72 000	53 000	53 000	19 000
Dividends	500 000	1 500 000	0	737 000
Other Current Debt	184 000	122 000	63 000	61 000
Total Current Debt	255 000	175 000	117 000	181 000
Total Equity and Debt	2 361 000	2 630 000	3 899 000	4 083 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,17 %	7,05 %	−3,17 %	100 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	57,1 %	32,65 %	−67,97 %	−76,03 %
Current Ratio	3,13	5,85	19,18	13,33
Quick Ratio	3,13	5,85	19,18	13,33
Equity Ratio	0,89	0,93	0,97	0,96
Gross Profit Margin	100 %	100 %	100 %	100 %