SPEARE AS

3125 TØNSBERG

Finances

Return on Equity

59,54 %

Current Ratio

2,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	235 706 000	141 793 000	89 189 000	51 386 000
Net Income	30 494 000	15 172 000	5 081 000	5 058 000
Total Assets	79 746 000	36 387 000	21 408 000	13 996 000
Total Equity	51 217 000	9 973 000	11 290 000	10 709 000

Income (NOK)	2022	2021	2020	2019
Revenue	235 706 000	141 793 000	89 189 000	51 386 000
Expenditure	197 110 000	122 555 000	82 802 000	44 448 000
Operating Profit	38 595 000	19 238 000	6 386 000	6 938 000
Financial Income	217 000	18 000	15 000	7 000
Financial Costs	0	0	0	360 000
Financial Balance	217 000	18 000	15 000	−353 000
Earnings Before Tax	38 813 000	19 256 000	6 401 000	6 586 000
Tax	8 319 000	4 084 000	1 320 000	1 528 000
Net Income	30 494 000	15 172 000	5 081 000	5 058 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 407 000	720 000	0	0
Total Current Assets	77 339 000	35 667 000	21 408 000	13 996 000
Total Assets	79 746 000	36 387 000	21 408 000	13 996 000
Total Retained Equity	51 117 000	9 873 000	11 190 000	10 609 000
Total Equity	51 217 000	9 973 000	11 290 000	10 709 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	28 529 000	26 414 000	10 118 000	3 287 000
Total Equity and Debt	79 746 000	36 387 000	21 408 000	13 996 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	235 206 000	141 590 000	89 173 000	51 385 000
Other Income	500 000	203 000	16 000	1 000
Revenue	235 706 000	141 793 000	89 189 000	51 386 000
Cost of Goods Sold	161 178 000	110 977 000	77 361 000	40 558 000
Salary Costs	24 958 000	6 548 000	2 425 000	2 209 000
Depreciation	210 000	0	0	0
Impairment	0	0	0	0
Expenditure	197 110 000	122 555 000	82 802 000	44 448 000
Operating Profit	38 595 000	19 238 000	6 386 000	6 938 000
Financial Income	217 000	18 000	15 000	7 000
Financial Costs	0	0	0	360 000
Financial Balance	217 000	18 000	15 000	−353 000
Dividends	0	15 000 000	3 000 000	0
Net Income	30 494 000	15 172 000	5 081 000	5 058 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	6 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	109 000	0	0	0
Fixtures	653 000	0	0	0
Total Tangible Assets	762 000	0	0	0
Total Fiancial Fixed Assets	1 639 000	720 000	0	0
Total Fixed Assets	2 407 000	720 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	52 173 000	23 127 000	13 663 000	1 527 000
Total Current Assets	77 339 000	35 667 000	21 408 000	13 996 000
Total Assets	79 746 000	36 387 000	21 408 000	13 996 000
Total Equity	51 217 000	9 973 000	11 290 000	10 709 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	15 527 000	7 448 000	5 251 000	1 056 000
Unpaid Taxes	2 338 000	6 000	4 000	3 000
Dividends	0	15 000 000	3 000 000	0
Other Current Debt	3 363 000	568 000	542 000	699 000
Total Current Debt	28 529 000	26 414 000	10 118 000	3 287 000
Total Equity and Debt	79 746 000	36 387 000	21 408 000	13 996 000

Financial indicators	2022	2021	2020	2019
Return on Equity	59,54 %	152,13 %	45 %	47,23 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	16,37 %	13,57 %	7,16 %	13,5 %
Current Ratio	2,71	1,35	2,12	4,26
Quick Ratio	2,71	1,35	2,12	4,26
Equity Ratio	0,64	0,27	0,53	0,77
Gross Profit Margin	31,62 %	21,73 %	13,26 %	21,07 %