SPIRIFY NORDIC GROUP AS

0771 OSLO

Finances

Return on Equity

−10,59 %

Current Ratio

6,84

Debt-to-Equity Ratio

0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	148 000	231 000	186 000	230 000
Net Income	−47 000	64 000	22 000	54 000
Total Assets	788 000	799 000	751 000	702 000
Total Equity	444 000	491 000	500 000	478 000

Income (NOK)	2022	2021	2020	2019
Revenue	148 000	231 000	186 000	230 000
Expenditure	195 000	166 000	159 000	161 000
Operating Profit	−47 000	64 000	28 000	70 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Earnings Before Tax	−47 000	64 000	28 000	70 000
Tax	0	0	6 000	15 000
Net Income	−47 000	64 000	22 000	54 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	82 000	82 000	91 000	77 000
Total Current Assets	705 000	717 000	660 000	626 000
Total Assets	788 000	799 000	751 000	702 000
Total Retained Equity	21 000	68 000	77 000	55 000
Total Equity	444 000	491 000	500 000	478 000
Total Long-Term Debt	241 000	245 000	0	0
Total Current Debt	103 000	63 000	251 000	224 000
Total Equity and Debt	788 000	799 000	751 000	702 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	148 000	231 000	186 000	230 000
Other Income	0	0	0	0
Revenue	148 000	231 000	186 000	230 000
Cost of Goods Sold	20 000	0	0	0
Salary Costs	0	0	4 000	4 000
Depreciation	0	0	12 000	12 000
Impairment	0	0	0	0
Expenditure	195 000	166 000	159 000	161 000
Operating Profit	−47 000	64 000	28 000	70 000
Financial Income	0	0	0	0
Financial Costs	0	1 000	0	0
Financial Balance	0	−1 000	0	0
Dividends	0	0	0	0
Net Income	−47 000	64 000	22 000	54 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 000	2 000	2 000	1 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	9 000	20 000
Total Tangible Assets	0	0	9 000	20 000
Total Fiancial Fixed Assets	80 000	80 000	80 000	55 000
Total Fixed Assets	82 000	82 000	91 000	77 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	145 000	135 000	99 000	45 000
Total Current Assets	705 000	717 000	660 000	626 000
Total Assets	788 000	799 000	751 000	702 000
Total Equity	444 000	491 000	500 000	478 000
Short-Term Group Debt	73 000	73 000	245 000	212 000
Total Long-Term Debt	241 000	245 000	0	0
Creditors	39 000	7 000	8 000	−13 000
Unpaid Taxes	−7 000	8 000	2 000	3 000
Dividends	0	0	0	0
Other Current Debt	−2 000	−25 000	−3 000	22 000
Total Current Debt	103 000	63 000	251 000	224 000
Total Equity and Debt	788 000	799 000	751 000	702 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−10,59 %	13,03 %	4,4 %	11,3 %
Debt-to-Equity Ratio	0,54	0,5	0	0
Operating Profit Margin	−31,76 %	27,71 %	15,05 %	30,43 %
Current Ratio	6,84	11,38	2,63	2,79
Quick Ratio	6,84	11,38	2,63	2,79
Equity Ratio	0,56	0,61	0,67	0,68
Gross Profit Margin	86,49 %	100 %	100 %	100 %