SPINNVILT AS

0472 OSLO

Finances

Share Ownership

Return on Equity

12,04 %

Current Ratio

2,76

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 377 000	3 913 000	3 823 000	3 000 000
Net Income	132 000	23 000	280 000	−290 000
Total Assets	1 688 000	1 519 000	1 566 000	1 518 000
Total Equity	1 096 000	964 000	941 000	662 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 377 000	3 913 000	3 823 000	3 000 000
Expenditure	4 153 000	3 863 000	3 489 000	3 260 000
Operating Profit	224 000	49 000	334 000	−261 000
Financial Income	12 000	11 000	9 000	5 000
Financial Costs	67 000	33 000	64 000	34 000
Financial Balance	−55 000	−22 000	−55 000	−29 000
Earnings Before Tax	169 000	27 000	280 000	−290 000
Tax	37 000	4 000	0	0
Net Income	132 000	23 000	280 000	−290 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	58 000	63 000	86 000	114 000
Total Current Assets	1 630 000	1 456 000	1 480 000	1 404 000
Total Assets	1 688 000	1 519 000	1 566 000	1 518 000
Total Retained Equity	1 027 000	895 000	872 000	592 000
Total Equity	1 096 000	964 000	941 000	662 000
Total Long-Term Debt	1 000	0	17 000	58 000
Total Current Debt	590 000	555 000	607 000	798 000
Total Equity and Debt	1 688 000	1 519 000	1 566 000	1 518 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 377 000	3 910 000	3 823 000	3 000 000
Other Income	0	2 000	0	0
Revenue	4 377 000	3 913 000	3 823 000	3 000 000
Cost of Goods Sold	2 571 000	2 387 000	2 286 000	1 804 000
Salary Costs	829 000	741 000	451 000	503 000
Depreciation	5 000	22 000	28 000	32 000
Impairment	0	0	0	0
Expenditure	4 153 000	3 863 000	3 489 000	3 260 000
Operating Profit	224 000	49 000	334 000	−261 000
Financial Income	12 000	11 000	9 000	5 000
Financial Costs	67 000	33 000	64 000	34 000
Financial Balance	−55 000	−22 000	−55 000	−29 000
Dividends	0	0	0	0
Net Income	132 000	23 000	280 000	−290 000

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	6 000	11 000	34 000	62 000
Total Tangible Assets	6 000	11 000	34 000	62 000
Total Fiancial Fixed Assets	52 000	52 000	52 000	52 000
Total Fixed Assets	58 000	63 000	86 000	114 000
Stock	1 481 000	1 278 000	1 345 000	1 348 000
Total Investments	0	0	0	0
Cash, Bank	51 000	110 000	71 000	47 000
Total Current Assets	1 630 000	1 456 000	1 480 000	1 404 000
Total Assets	1 688 000	1 519 000	1 566 000	1 518 000
Total Equity	1 096 000	964 000	941 000	662 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	0	17 000	58 000
Creditors	153 000	76 000	193 000	30 000
Unpaid Taxes	167 000	189 000	138 000	108 000
Dividends	0	0	0	0
Other Current Debt	87 000	120 000	277 000	476 000
Total Current Debt	590 000	555 000	607 000	798 000
Total Equity and Debt	1 688 000	1 519 000	1 566 000	1 518 000

Financial indicators	2022	2021	2020	2019
Return on Equity	12,04 %	2,39 %	29,76 %	−43,81 %
Debt-to-Equity Ratio	0	0	0,02	0,09
Operating Profit Margin	5,12 %	1,25 %	8,74 %	−8,7 %
Current Ratio	2,76	2,62	2,44	1,76
Quick Ratio	−1,83	−2,01	−2,01	−2,55
Equity Ratio	0,65	0,63	0,6	0,44
Gross Profit Margin	41,26 %	39 %	40,2 %	39,87 %