SPIN AS

1324 LYSAKER

Finances

Share Ownership

Return on Equity

−14,69 %

Current Ratio

3,41

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	0	3 986 000	1 676 000	1 172 000
Net Income	−57 000	1 582 000	398 000	513 000
Total Assets	549 000	2 652 000	2 440 000	1 630 000
Total Equity	388 000	955 000	941 000	925 000

Income (NOK)	2021	2020	2019	2018
Revenue	0	3 986 000	1 676 000	1 172 000
Expenditure	−227 000	1 957 000	1 064 000	542 000
Operating Profit	226 000	2 029 000	612 000	631 000
Financial Income	0	0	0	32 000
Financial Costs	125 000	1 000	102 000	36 000
Financial Balance	−125 000	−1 000	−102 000	−4 000
Earnings Before Tax	101 000	2 028 000	511 000	628 000
Tax	159 000	446 000	112 000	115 000
Net Income	−57 000	1 582 000	398 000	513 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	15 000	19 000	24 000
Total Current Assets	549 000	2 637 000	2 422 000	1 607 000
Total Assets	549 000	2 652 000	2 440 000	1 630 000
Total Retained Equity	−312 000	255 000	241 000	225 000
Total Equity	388 000	955 000	941 000	925 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	161 000	1 698 000	1 499 000	705 000
Total Equity and Debt	549 000	2 652 000	2 440 000	1 630 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	0	3 986 000	2 000	1 172 000
Other Income	0	0	1 674 000	0
Revenue	0	3 986 000	1 676 000	1 172 000
Cost of Goods Sold	−834 000	1 699 000	990 000	54 000
Salary Costs	0	0	0	160 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	−227 000	1 957 000	1 064 000	542 000
Operating Profit	226 000	2 029 000	612 000	631 000
Financial Income	0	0	0	32 000
Financial Costs	125 000	1 000	102 000	36 000
Financial Balance	−125 000	−1 000	−102 000	−4 000
Dividends	0	0	0	0
Net Income	−57 000	1 582 000	398 000	513 000

Balance details (NOK)	2021	2020	2019	2018
Goodwill	0	0	0	0
Total Intangible Assets	0	15 000	19 000	24 000
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	15 000	19 000	24 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 000	0	250 000	0
Total Current Assets	549 000	2 637 000	2 422 000	1 607 000
Total Assets	549 000	2 652 000	2 440 000	1 630 000
Total Equity	388 000	955 000	941 000	925 000
Short-Term Group Debt	0	493 000	489 000	601 000
Total Long-Term Debt	0	0	0	0
Creditors	161 000	248 000	42 000	20 000
Unpaid Taxes	0	0	0	22 000
Dividends	0	0	0	0
Other Current Debt	0	957 000	968 000	63 000
Total Current Debt	161 000	1 698 000	1 499 000	705 000
Total Equity and Debt	549 000	2 652 000	2 440 000	1 630 000

Financial indicators	2021	2020	2019	2018
Return on Equity	−14,69 %	165,65 %	42,3 %	55,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	-	50,9 %	36,52 %	53,84 %
Current Ratio	3,41	1,55	1,62	2,28
Quick Ratio	3,41	1,55	1,62	2,28
Equity Ratio	0,71	0,36	0,39	0,57
Gross Profit Margin	-	57,38 %	40,93 %	95,39 %