SPITSBERGEN INVEST AS

9170 LONGYEARBYEN

Finances

Return on Equity

−13,69 %

Current Ratio

2,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Net Income	−310 000	5 145 000	2 000	23 000
Total Assets	3 082 000	5 585 000	2 487 000	2 478 000
Total Equity	2 265 000	2 574 000	2 477 000	2 476 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	0
Expenditure	271 000	12 000	9 000	12 000
Operating Profit	−271 000	−12 000	−9 000	−12 000
Financial Income	6 000	5 157 000	27 000	35 000
Financial Costs	45 000	0	16 000	0
Financial Balance	−39 000	5 157 000	11 000	35 000
Earnings Before Tax	−310 000	5 145 000	2 000	23 000
Tax	0	0	0	0
Net Income	−310 000	5 145 000	2 000	23 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 377 000	883 000	883 000	883 000
Total Current Assets	1 705 000	4 702 000	1 604 000	1 595 000
Total Assets	3 082 000	5 585 000	2 487 000	2 478 000
Total Retained Equity	2 051 000	2 360 000	2 263 000	2 262 000
Total Equity	2 265 000	2 574 000	2 477 000	2 476 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	818 000	3 011 000	10 000	3 000
Total Equity and Debt	3 082 000	5 585 000	2 487 000	2 478 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	0	0	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	271 000	12 000	9 000	12 000
Operating Profit	−271 000	−12 000	−9 000	−12 000
Financial Income	6 000	5 157 000	27 000	35 000
Financial Costs	45 000	0	16 000	0
Financial Balance	−39 000	5 157 000	11 000	35 000
Dividends	0	5 048 000	0	0
Net Income	−310 000	5 145 000	2 000	23 000

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	83 000	83 000	83 000	83 000
Total Tangible Assets	83 000	83 000	83 000	83 000
Total Fiancial Fixed Assets	1 294 000	800 000	800 000	800 000
Total Fixed Assets	1 377 000	883 000	883 000	883 000
Stock	0	0	0	0
Total Investments	39 000	201 000	141 000	139 000
Cash, Bank	1 666 000	76 000	37 000	32 000
Total Current Assets	1 705 000	4 702 000	1 604 000	1 595 000
Total Assets	3 082 000	5 585 000	2 487 000	2 478 000
Total Equity	2 265 000	2 574 000	2 477 000	2 476 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	18 000	11 000	10 000	3 000
Unpaid Taxes	0	0	0	0
Dividends	0	5 048 000	0	0
Other Current Debt	800 000	0	0	0
Total Current Debt	818 000	3 011 000	10 000	3 000
Total Equity and Debt	3 082 000	5 585 000	2 487 000	2 478 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,69 %	199,88 %	0,08 %	0,93 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	-	-	-
Current Ratio	2,08	1,56	160,4	531,67
Quick Ratio	2,08	1,56	160,4	531,67
Equity Ratio	0,73	0,46	1	1
Gross Profit Margin	-	-	-	-