SPENNING AS

4373 EGERSUND

Finances

Share Ownership

Return on Equity

13,1 %

Current Ratio

2,96

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 936 000	9 292 000	7 441 000	6 662 000
Net Income	725 000	821 000	371 000	185 000
Total Assets	8 229 000	7 242 000	6 799 000	5 687 000
Total Equity	5 536 000	4 812 000	3 991 000	4 120 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 936 000	9 292 000	7 441 000	6 662 000
Expenditure	10 029 000	8 243 000	6 970 000	6 431 000
Operating Profit	907 000	1 048 000	470 000	232 000
Financial Income	21 000	5 000	5 000	8 000
Financial Costs	0	0	0	1 000
Financial Balance	21 000	5 000	5 000	7 000
Earnings Before Tax	928 000	1 053 000	475 000	239 000
Tax	203 000	232 000	104 000	54 000
Net Income	725 000	821 000	371 000	185 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	270 000	295 000	397 000	577 000
Total Current Assets	7 960 000	6 947 000	6 402 000	5 110 000
Total Assets	8 229 000	7 242 000	6 799 000	5 687 000
Total Retained Equity	5 506 000	4 782 000	3 961 000	4 090 000
Total Equity	5 536 000	4 812 000	3 991 000	4 120 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	2 693 000	2 430 000	2 808 000	1 567 000
Total Equity and Debt	8 229 000	7 242 000	6 799 000	5 687 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 936 000	9 292 000	7 441 000	6 787 000
Other Income	0	0	0	−125 000
Revenue	10 936 000	9 292 000	7 441 000	6 662 000
Cost of Goods Sold	4 701 000	3 806 000	2 973 000	2 612 000
Salary Costs	4 067 000	3 071 000	2 571 000	2 576 000
Depreciation	75 000	67 000	150 000	146 000
Impairment	0	0	0	0
Expenditure	10 029 000	8 243 000	6 970 000	6 431 000
Operating Profit	907 000	1 048 000	470 000	232 000
Financial Income	21 000	5 000	5 000	8 000
Financial Costs	0	0	0	1 000
Financial Balance	21 000	5 000	5 000	7 000
Dividends	0	0	0	0
Net Income	725 000	821 000	371 000	185 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	131 000	129 000	129 000	117 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	66 000	123 000	179 000	235 000
Fixtures	72 000	44 000	33 000	127 000
Total Tangible Assets	139 000	166 000	212 000	362 000
Total Fiancial Fixed Assets	0	0	55 000	98 000
Total Fixed Assets	270 000	295 000	397 000	577 000
Stock	1 160 000	1 036 000	882 000	779 000
Total Investments	0	0	0	0
Cash, Bank	4 111 000	4 653 000	3 144 000	2 617 000
Total Current Assets	7 960 000	6 947 000	6 402 000	5 110 000
Total Assets	8 229 000	7 242 000	6 799 000	5 687 000
Total Equity	5 536 000	4 812 000	3 991 000	4 120 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	866 000	1 002 000	852 000	398 000
Unpaid Taxes	800 000	507 000	531 000	425 000
Dividends	0	0	0	0
Other Current Debt	823 000	689 000	807 000	715 000
Total Current Debt	2 693 000	2 430 000	2 808 000	1 567 000
Total Equity and Debt	8 229 000	7 242 000	6 799 000	5 687 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,1 %	17,06 %	9,3 %	4,49 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	8,29 %	11,28 %	6,32 %	3,48 %
Current Ratio	2,96	2,86	2,28	3,26
Quick Ratio	5,19	4,98	3,32	6,48
Equity Ratio	0,67	0,66	0,59	0,72
Gross Profit Margin	57,01 %	59,04 %	60,05 %	60,79 %