BRØDRENE SMEDSTUEN AS

2436 VÅLER I SOLØR

Finances

Return on Equity

21,94 %

Current Ratio

1,46

Debt-to-Equity Ratio

0,3

Key figures (NOK)	2022	2021	2020	2019
Revenue	55 616 000	44 270 000	38 827 000	43 713 000
Net Income	783 000	1 042 000	568 000	605 000
Total Assets	10 111 000	9 426 000	8 038 000	8 623 000
Total Equity	3 569 000	3 486 000	3 145 000	3 177 000

Income (NOK)	2022	2021	2020	2019
Revenue	55 616 000	44 270 000	38 827 000	43 713 000
Expenditure	54 654 000	43 008 000	38 118 000	42 963 000
Operating Profit	961 000	1 261 000	708 000	750 000
Financial Income	60 000	72 000	33 000	48 000
Financial Costs	24 000	10 000	13 000	28 000
Financial Balance	36 000	62 000	20 000	20 000
Earnings Before Tax	996 000	1 323 000	728 000	770 000
Tax	214 000	282 000	160 000	165 000
Net Income	783 000	1 042 000	568 000	605 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 136 000	1 949 000	2 262 000	2 639 000
Total Current Assets	7 976 000	7 477 000	5 776 000	5 984 000
Total Assets	10 111 000	9 426 000	8 038 000	8 623 000
Total Retained Equity	3 469 000	3 386 000	3 045 000	3 077 000
Total Equity	3 569 000	3 486 000	3 145 000	3 177 000
Total Long-Term Debt	1 064 000	995 000	1 317 000	1 640 000
Total Current Debt	5 478 000	4 945 000	3 577 000	3 807 000
Total Equity and Debt	10 111 000	9 426 000	8 038 000	8 623 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	54 365 000	43 791 000	38 357 000	43 244 000
Other Income	1 251 000	479 000	470 000	469 000
Revenue	55 616 000	44 270 000	38 827 000	43 713 000
Cost of Goods Sold	44 813 000	34 377 000	30 092 000	34 916 000
Salary Costs	5 616 000	5 349 000	4 706 000	4 599 000
Depreciation	366 000	388 000	408 000	665 000
Impairment	0	0	0	0
Expenditure	54 654 000	43 008 000	38 118 000	42 963 000
Operating Profit	961 000	1 261 000	708 000	750 000
Financial Income	60 000	72 000	33 000	48 000
Financial Costs	24 000	10 000	13 000	28 000
Financial Balance	36 000	62 000	20 000	20 000
Dividends	700 000	0	300 000	0
Net Income	783 000	1 042 000	568 000	605 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	71 000	68 000	64 000
Real Eastate	342 000	352 000	371 000	394 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 472 000	1 526 000	1 823 000	2 172 000
Total Tangible Assets	1 814 000	1 878 000	2 193 000	2 566 000
Total Fiancial Fixed Assets	322 000	1 000	0	10 000
Total Fixed Assets	2 136 000	1 949 000	2 262 000	2 639 000
Stock	1 912 000	1 256 000	1 462 000	1 803 000
Total Investments	0	0	0	0
Cash, Bank	2 550 000	3 570 000	2 219 000	1 721 000
Total Current Assets	7 976 000	7 477 000	5 776 000	5 984 000
Total Assets	10 111 000	9 426 000	8 038 000	8 623 000
Total Equity	3 569 000	3 486 000	3 145 000	3 177 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 064 000	995 000	1 317 000	1 640 000
Creditors	2 993 000	2 097 000	1 652 000	1 853 000
Unpaid Taxes	572 000	586 000	481 000	468 000
Dividends	700 000	0	300 000	0
Other Current Debt	1 149 000	1 978 000	978 000	1 269 000
Total Current Debt	5 478 000	4 945 000	3 577 000	3 807 000
Total Equity and Debt	10 111 000	9 426 000	8 038 000	8 623 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,94 %	29,89 %	18,06 %	19,04 %
Debt-to-Equity Ratio	0,3	0,29	0,42	0,52
Operating Profit Margin	1,73 %	2,85 %	1,82 %	1,72 %
Current Ratio	1,46	1,51	1,61	1,57
Quick Ratio	2,24	2,03	2,73	2,99
Equity Ratio	0,35	0,37	0,39	0,37
Gross Profit Margin	19,42 %	22,35 %	22,5 %	20,12 %