SPLENDIT AS

4016 STAVANGER

Finances

Share Ownership

Return on Equity

36,12 %

Current Ratio

3,05

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 065 000	987 000	824 000	1 116 000
Net Income	151 000	275 000	−61 000	195 000
Total Assets	614 000	513 000	340 000	379 000
Total Equity	418 000	267 000	−8 000	52 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 065 000	987 000	824 000	1 116 000
Expenditure	854 000	647 000	864 000	866 000
Operating Profit	211 000	340 000	−41 000	250 000
Financial Income	0	0	0	0
Financial Costs	0	12 000	20 000	0
Financial Balance	0	−12 000	−20 000	0
Earnings Before Tax	211 000	328 000	−61 000	250 000
Tax	60 000	53 000	0	55 000
Net Income	151 000	275 000	−61 000	195 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	16 000	36 000	64 000	92 000
Total Current Assets	598 000	477 000	276 000	287 000
Total Assets	614 000	513 000	340 000	379 000
Total Retained Equity	393 000	242 000	−33 000	28 000
Total Equity	418 000	267 000	−8 000	52 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	196 000	246 000	349 000	327 000
Total Equity and Debt	614 000	513 000	340 000	379 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 065 000	987 000	824 000	1 116 000
Other Income	0	0	0	0
Revenue	1 065 000	987 000	824 000	1 116 000
Cost of Goods Sold	572 000	382 000	480 000	702 000
Salary Costs	34 000	113 000	286 000	95 000
Depreciation	20 000	28 000	28 000	23 000
Impairment	0	0	0	0
Expenditure	854 000	647 000	864 000	866 000
Operating Profit	211 000	340 000	−41 000	250 000
Financial Income	0	0	0	0
Financial Costs	0	12 000	20 000	0
Financial Balance	0	−12 000	−20 000	0
Dividends	0	0	0	200 000
Net Income	151 000	275 000	−61 000	195 000

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	16 000	36 000	64 000	92 000
Total Tangible Assets	16 000	36 000	64 000	92 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	16 000	36 000	64 000	92 000
Stock	160 000	100 000	85 000	75 000
Total Investments	0	0	0	0
Cash, Bank	40 000	0	0	3 000
Total Current Assets	598 000	477 000	276 000	287 000
Total Assets	614 000	513 000	340 000	379 000
Total Equity	418 000	267 000	−8 000	52 000
Short-Term Group Debt	0	0	75 000	230 000
Total Long-Term Debt	0	0	0	0
Creditors	43 000	31 000	47 000	13 000
Unpaid Taxes	18 000	47 000	42 000	6 000
Dividends	0	0	0	200 000
Other Current Debt	87 000	64 000	71 000	74 000
Total Current Debt	196 000	246 000	349 000	327 000
Total Equity and Debt	614 000	513 000	340 000	379 000

Financial indicators	2022	2021	2020	2019
Return on Equity	36,12 %	103 %	762,5 %	375 %
Debt-to-Equity Ratio	0	0	−0	0
Operating Profit Margin	19,81 %	34,45 %	−4,98 %	22,4 %
Current Ratio	3,05	1,94	0,79	0,88
Quick Ratio	16,61	3,27	1,05	1,14
Equity Ratio	0,68	0,52	−0,02	0,14
Gross Profit Margin	46,29 %	61,3 %	41,75 %	37,1 %