B. SMEDSMO AS

2686 LOM

Finances

Share Ownership

Return on Equity

−54,23 %

Current Ratio

1,41

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	597 000	947 000	885 000	1 236 000
Net Income	−77 000	115 000	−42 000	103 000
Total Assets	425 000	360 000	344 000	468 000
Total Equity	142 000	218 000	103 000	145 000

Income (NOK)	2022	2021	2020	2019
Revenue	597 000	947 000	885 000	1 236 000
Expenditure	692 000	795 000	937 000	1 105 000
Operating Profit	−95 000	152 000	−53 000	132 000
Financial Income	0	0	0	1 000
Financial Costs	3 000	4 000	2 000	1 000
Financial Balance	−3 000	−4 000	−2 000	0
Earnings Before Tax	−98 000	148 000	−54 000	131 000
Tax	−22 000	33 000	−12 000	29 000
Net Income	−77 000	115 000	−42 000	103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	25 000	4 000	4 000	4 000
Total Current Assets	400 000	356 000	340 000	464 000
Total Assets	425 000	360 000	344 000	468 000
Total Retained Equity	112 000	188 000	73 000	115 000
Total Equity	142 000	218 000	103 000	145 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	283 000	142 000	241 000	322 000
Total Equity and Debt	425 000	360 000	344 000	468 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	597 000	947 000	885 000	1 236 000
Other Income	0	0	0	0
Revenue	597 000	947 000	885 000	1 236 000
Cost of Goods Sold	530 000	575 000	656 000	688 000
Salary Costs	32 000	63 000	131 000	256 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	692 000	795 000	937 000	1 105 000
Operating Profit	−95 000	152 000	−53 000	132 000
Financial Income	0	0	0	1 000
Financial Costs	3 000	4 000	2 000	1 000
Financial Balance	−3 000	−4 000	−2 000	0
Dividends	0	0	0	0
Net Income	−77 000	115 000	−42 000	103 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	25 000	4 000	4 000	4 000
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	25 000	4 000	4 000	4 000
Stock	123 000	167 000	164 000	214 000
Total Investments	0	0	0	0
Cash, Bank	60 000	148 000	64 000	124 000
Total Current Assets	400 000	356 000	340 000	464 000
Total Assets	425 000	360 000	344 000	468 000
Total Equity	142 000	218 000	103 000	145 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	241 000	48 000	239 000	191 000
Unpaid Taxes	23 000	44 000	−9 000	69 000
Dividends	0	0	0	0
Other Current Debt	20 000	17 000	11 000	30 000
Total Current Debt	283 000	142 000	241 000	322 000
Total Equity and Debt	425 000	360 000	344 000	468 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−54,23 %	52,75 %	−40,78 %	71,03 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−15,91 %	16,05 %	−5,99 %	10,68 %
Current Ratio	1,41	2,51	1,41	1,44
Quick Ratio	2,5	−14,24	4,42	4,3
Equity Ratio	0,33	0,61	0,3	0,31
Gross Profit Margin	11,22 %	39,28 %	25,88 %	44,34 %