SPITZE AS

4057 TANANGER

Finances

Return on Equity

−4,89 %

Current Ratio

38,33

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	402 000	366 000	67 000	1 512 000
Net Income	−2 196 000	1 618 000	−640 000	61 373 000
Total Assets	45 513 000	61 582 000	62 486 000	64 779 000
Total Equity	44 909 000	49 105 000	62 463 000	63 703 000

Income (NOK)	2022	2021	2020	2019
Revenue	402 000	366 000	67 000	1 512 000
Expenditure	1 567 000	529 000	430 000	1 172 000
Operating Profit	−1 165 000	−163 000	−362 000	339 000
Financial Income	1 599 000	1 802 000	870 000	61 233 000
Financial Costs	2 633 000	0	1 205 000	1 000
Financial Balance	−1 034 000	1 802 000	−335 000	61 232 000
Earnings Before Tax	−2 199 000	1 638 000	−698 000	61 572 000
Tax	−2 000	20 000	−58 000	199 000
Net Income	−2 196 000	1 618 000	−640 000	61 373 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	22 360 000	24 398 000	13 130 000	794 000
Total Current Assets	23 153 000	37 184 000	49 355 000	63 985 000
Total Assets	45 513 000	61 582 000	62 486 000	64 779 000
Total Retained Equity	44 808 000	49 005 000	62 362 000	63 602 000
Total Equity	44 909 000	49 105 000	62 463 000	63 703 000
Total Long-Term Debt	0	2 000	3 000	0
Total Current Debt	604 000	12 474 000	20 000	1 076 000
Total Equity and Debt	45 513 000	61 582 000	62 486 000	64 779 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	18 000	38 000	1 512 000
Other Income	402 000	348 000	29 000	0
Revenue	402 000	366 000	67 000	1 512 000
Cost of Goods Sold	0	0	0	4 000
Salary Costs	997 000	0	100 000	774 000
Depreciation	28 000	26 000	11 000	0
Impairment	0	0	0	0
Expenditure	1 567 000	529 000	430 000	1 172 000
Operating Profit	−1 165 000	−163 000	−362 000	339 000
Financial Income	1 599 000	1 802 000	870 000	61 233 000
Financial Costs	2 633 000	0	1 205 000	1 000
Financial Balance	−1 034 000	1 802 000	−335 000	61 232 000
Dividends	0	0	0	750 000
Net Income	−2 196 000	1 618 000	−640 000	61 373 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	14 133 000	13 983 000	8 919 000	0
Machinery and Plant Facilities	77 000	105 000	110 000	0
Fixtures	102 000	102 000	86 000	79 000
Total Tangible Assets	14 312 000	14 190 000	9 115 000	79 000
Total Fiancial Fixed Assets	8 048 000	10 208 000	4 016 000	716 000
Total Fixed Assets	22 360 000	24 398 000	13 130 000	794 000
Stock	0	0	0	0
Total Investments	2 877 000	23 310 000	1 555 000	25 196 000
Cash, Bank	19 160 000	13 055 000	40 713 000	30 390 000
Total Current Assets	23 153 000	37 184 000	49 355 000	63 985 000
Total Assets	45 513 000	61 582 000	62 486 000	64 779 000
Total Equity	44 909 000	49 105 000	62 463 000	63 703 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	2 000	3 000	0
Creditors	26 000	7 000	4 000	7 000
Unpaid Taxes	12 000	0	12 000	0
Dividends	0	0	0	750 000
Other Current Debt	567 000	12 447 000	4 000	120 000
Total Current Debt	604 000	12 474 000	20 000	1 076 000
Total Equity and Debt	45 513 000	61 582 000	62 486 000	64 779 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−4,89 %	3,29 %	−1,02 %	96,34 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−289,8 %	−44,54 %	−540,3 %	22,42 %
Current Ratio	38,33	2,98	2 467,75	59,47
Quick Ratio	38,33	2,98	2 467,75	59,47
Equity Ratio	0,99	0,8	1	0,98
Gross Profit Margin	100 %	100 %	100 %	99,74 %