SPINNO LIMITED

3360 GEITHUS

Finances

Share Ownership

Return on Equity

6,49 %

Current Ratio

1,2

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	429 000	536 000	577 000	464 000
Net Income	5 000	12 000	−7 000	12 000
Total Assets	455 000	495 000	470 000	461 000
Total Equity	77 000	72 000	60 000	67 000

Income (NOK)	2022	2021	2020	2019
Revenue	429 000	536 000	577 000	464 000
Expenditure	424 000	523 000	586 000	450 000
Operating Profit	6 000	13 000	−9 000	14 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	6 000	13 000	−9 000	15 000
Tax	1 000	1 000	−2 000	3 000
Net Income	5 000	12 000	−7 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	455 000	495 000	470 000	461 000
Total Assets	455 000	495 000	470 000	461 000
Total Retained Equity	77 000	72 000	60 000	67 000
Total Equity	77 000	72 000	60 000	67 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	378 000	423 000	410 000	395 000
Total Equity and Debt	455 000	495 000	470 000	461 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	429 000	536 000	572 000	464 000
Other Income	0	0	5 000	0
Revenue	429 000	536 000	577 000	464 000
Cost of Goods Sold	16 000	81 000	174 000	125 000
Salary Costs	332 000	291 000	286 000	205 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	424 000	523 000	586 000	450 000
Operating Profit	6 000	13 000	−9 000	14 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	5 000	12 000	−7 000	12 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	41 000	3 000	13 000	108 000
Total Investments	0	0	0	0
Cash, Bank	284 000	330 000	132 000	184 000
Total Current Assets	455 000	495 000	470 000	461 000
Total Assets	455 000	495 000	470 000	461 000
Total Equity	77 000	72 000	60 000	67 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	254 000	254 000	254 000	254 000
Unpaid Taxes	102 000	128 000	109 000	86 000
Dividends	0	0	0	0
Other Current Debt	22 000	38 000	47 000	51 000
Total Current Debt	378 000	423 000	410 000	395 000
Total Equity and Debt	455 000	495 000	470 000	461 000

Financial indicators	2022	2021	2020	2019
Return on Equity	6,49 %	16,67 %	−11,67 %	17,91 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,4 %	2,43 %	−1,56 %	3,02 %
Current Ratio	1,2	1,17	1,15	1,17
Quick Ratio	1,35	1,18	1,18	1,61
Equity Ratio	0,17	0,15	0,13	0,15
Gross Profit Margin	96,27 %	84,89 %	69,84 %	73,06 %