SPIRE UTVIKLING AS

4005 STAVANGER

Finances

Return on Equity

10,32 %

Current Ratio

4,93

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	247 000	297 000	404 000	900 000
Net Income	52 000	95 000	5 000	299 000
Total Assets	624 000	598 000	680 000	769 000
Total Equity	504 000	452 000	558 000	553 000

Income (NOK)	2022	2021	2020	2019
Revenue	247 000	297 000	404 000	900 000
Expenditure	189 000	185 000	415 000	523 000
Operating Profit	59 000	112 000	−10 000	377 000
Financial Income	11 000	10 000	19 000	10 000
Financial Costs	0	0	0	1 000
Financial Balance	11 000	10 000	19 000	9 000
Earnings Before Tax	69 000	122 000	8 000	386 000
Tax	17 000	27 000	3 000	87 000
Net Income	52 000	95 000	5 000	299 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 000	33 000	33 000	33 000
Total Current Assets	591 000	565 000	647 000	736 000
Total Assets	624 000	598 000	680 000	769 000
Total Retained Equity	400 000	348 000	453 000	448 000
Total Equity	504 000	452 000	558 000	553 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	120 000	145 000	122 000	216 000
Total Equity and Debt	624 000	598 000	680 000	769 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	247 000	297 000	404 000	900 000
Other Income	0	0	0	0
Revenue	247 000	297 000	404 000	900 000
Cost of Goods Sold	0	0	0	170 000
Salary Costs	113 000	110 000	332 000	222 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	189 000	185 000	415 000	523 000
Operating Profit	59 000	112 000	−10 000	377 000
Financial Income	11 000	10 000	19 000	10 000
Financial Costs	0	0	0	1 000
Financial Balance	11 000	10 000	19 000	9 000
Dividends	0	200 000	0	0
Net Income	52 000	95 000	5 000	299 000

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	33 000	33 000	33 000	33 000
Total Fixed Assets	33 000	33 000	33 000	33 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	229 000	213 000	110 000	195 000
Total Current Assets	591 000	565 000	647 000	736 000
Total Assets	624 000	598 000	680 000	769 000
Total Equity	504 000	452 000	558 000	553 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	6 000	5 000	8 000	36 000
Unpaid Taxes	85 000	32 000	74 000	69 000
Dividends	0	200 000	0	0
Other Current Debt	12 000	12 000	36 000	24 000
Total Current Debt	120 000	145 000	122 000	216 000
Total Equity and Debt	624 000	598 000	680 000	769 000

Financial indicators	2022	2021	2020	2019
Return on Equity	10,32 %	21,02 %	0,9 %	54,07 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	23,89 %	37,71 %	−2,48 %	41,89 %
Current Ratio	4,93	3,9	5,3	3,41
Quick Ratio	4,93	3,9	5,3	3,41
Equity Ratio	0,81	0,76	0,82	0,72
Gross Profit Margin	100 %	100 %	100 %	81,11 %