SPENNTEKNIKK INTERNATIONAL AS

2212 KONGSVINGER

Finances

Return on Equity

166,48 %

Current Ratio

0,34

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 423 000	1 390 000	1 227 000	3 542 000
Net Income	22 386 000	−19 614 000	−7 339 000	−47 107 000
Total Assets	45 498 000	48 481 000	62 482 000	73 230 000
Total Equity	13 447 000	−8 939 000	174 000	513 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 423 000	1 390 000	1 227 000	3 542 000
Expenditure	7 075 000	7 346 000	5 942 000	5 108 000
Operating Profit	−5 652 000	−5 955 000	−4 715 000	−1 566 000
Financial Income	32 271 000	4 191 000	1 259 000	1 775 000
Financial Costs	4 232 000	17 849 000	3 882 000	47 317 000
Financial Balance	28 039 000	−13 658 000	−2 623 000	−45 542 000
Earnings Before Tax	22 386 000	−19 614 000	−7 339 000	−47 107 000
Tax	0	0	0	0
Net Income	22 386 000	−19 614 000	−7 339 000	−47 107 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	34 651 000	37 778 000	54 643 000	41 211 000
Total Current Assets	10 847 000	10 704 000	7 839 000	32 019 000
Total Assets	45 498 000	48 481 000	62 482 000	73 230 000
Total Retained Equity	−6 558 000	−28 944 000	−19 830 000	−19 492 000
Total Equity	13 447 000	−8 939 000	174 000	513 000
Total Long-Term Debt	353 000	258 000	103 000	0
Total Current Debt	31 698 000	57 163 000	62 204 000	72 717 000
Total Equity and Debt	45 498 000	48 481 000	62 482 000	73 230 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 423 000	1 390 000	0	0
Other Income	0	0	1 227 000	3 542 000
Revenue	1 423 000	1 390 000	1 227 000	3 542 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 873 000	4 095 000	4 179 000	3 078 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	7 075 000	7 346 000	5 942 000	5 108 000
Operating Profit	−5 652 000	−5 955 000	−4 715 000	−1 566 000
Financial Income	32 271 000	4 191 000	1 259 000	1 775 000
Financial Costs	4 232 000	17 849 000	3 882 000	47 317 000
Financial Balance	28 039 000	−13 658 000	−2 623 000	−45 542 000
Dividends	0	0	0	0
Net Income	22 386 000	−19 614 000	−7 339 000	−47 107 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	802 000	802 000	802 000	802 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	67 000	0
Total Tangible Assets	0	0	67 000	0
Total Fiancial Fixed Assets	33 849 000	36 976 000	53 774 000	40 409 000
Total Fixed Assets	34 651 000	37 778 000	54 643 000	41 211 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	91 000	87 000	226 000	180 000
Total Current Assets	10 847 000	10 704 000	7 839 000	32 019 000
Total Assets	45 498 000	48 481 000	62 482 000	73 230 000
Total Equity	13 447 000	−8 939 000	174 000	513 000
Short-Term Group Debt	30 911 000	56 325 000	61 344 000	71 912 000
Total Long-Term Debt	353 000	258 000	103 000	0
Creditors	392 000	114 000	74 000	197 000
Unpaid Taxes	209 000	483 000	312 000	238 000
Dividends	0	0	0	0
Other Current Debt	186 000	241 000	475 000	371 000
Total Current Debt	31 698 000	57 163 000	62 204 000	72 717 000
Total Equity and Debt	45 498 000	48 481 000	62 482 000	73 230 000

Financial indicators	2022	2021	2020	2019
Return on Equity	166,48 %	219,42 %	−4 217,82 %	−9 182,65 %
Debt-to-Equity Ratio	0,03	−0,03	0,59	0
Operating Profit Margin	−397,19 %	−428,42 %	−384,27 %	−44,21 %
Current Ratio	0,34	0,19	0,13	0,44
Quick Ratio	0,34	0,19	0,13	0,44
Equity Ratio	0,3	−0,18	0	0,01
Gross Profit Margin	100 %	100 %	100 %	100 %