FRANK SMED AS

7340 OPPDAL

Finances

Return on Equity

50,3 %

Current Ratio

1,76

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	10 151 000	7 403 000	6 880 000	7 545 000
Net Income	1 342 000	750 000	724 000	854 000
Total Assets	4 943 000	4 030 000	4 684 000	4 429 000
Total Equity	2 668 000	2 326 000	2 170 000	2 846 000

Income (NOK)	2022	2021	2020	2019
Revenue	10 151 000	7 403 000	6 880 000	7 545 000
Expenditure	8 442 000	6 429 000	5 944 000	6 429 000
Operating Profit	1 710 000	973 000	936 000	1 115 000
Financial Income	17 000	4 000	18 000	20 000
Financial Costs	4 000	13 000	23 000	31 000
Financial Balance	13 000	−9 000	−5 000	−11 000
Earnings Before Tax	1 723 000	964 000	931 000	1 104 000
Tax	381 000	214 000	207 000	251 000
Net Income	1 342 000	750 000	724 000	854 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	990 000	857 000	1 019 000	1 121 000
Total Current Assets	3 953 000	3 173 000	3 665 000	3 308 000
Total Assets	4 943 000	4 030 000	4 684 000	4 429 000
Total Retained Equity	2 577 000	2 234 000	2 079 000	2 744 000
Total Equity	2 668 000	2 326 000	2 170 000	2 846 000
Total Long-Term Debt	31 000	172 000	369 000	528 000
Total Current Debt	2 244 000	1 532 000	2 144 000	1 055 000
Total Equity and Debt	4 943 000	4 030 000	4 684 000	4 429 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	10 025 000	7 398 000	6 815 000	7 539 000
Other Income	126 000	5 000	65 000	6 000
Revenue	10 151 000	7 403 000	6 880 000	7 545 000
Cost of Goods Sold	3 286 000	2 063 000	1 789 000	2 105 000
Salary Costs	3 323 000	2 867 000	2 813 000	2 988 000
Depreciation	237 000	186 000	243 000	252 000
Impairment	0	0	0	0
Expenditure	8 442 000	6 429 000	5 944 000	6 429 000
Operating Profit	1 710 000	973 000	936 000	1 115 000
Financial Income	17 000	4 000	18 000	20 000
Financial Costs	4 000	13 000	23 000	31 000
Financial Balance	13 000	−9 000	−5 000	−11 000
Dividends	1 000 000	594 000	1 300 000	0
Net Income	1 342 000	750 000	724 000	854 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	6 000	6 000	7 000	8 000
Machinery and Plant Facilities	0	0	0	1 105 000
Fixtures	963 000	811 000	996 000	0
Total Tangible Assets	968 000	817 000	1 004 000	1 113 000
Total Fiancial Fixed Assets	21 000	40 000	15 000	8 000
Total Fixed Assets	990 000	857 000	1 019 000	1 121 000
Stock	134 000	191 000	135 000	149 000
Total Investments	2 000	2 000	2 000	0
Cash, Bank	2 971 000	2 378 000	2 936 000	2 654 000
Total Current Assets	3 953 000	3 173 000	3 665 000	3 308 000
Total Assets	4 943 000	4 030 000	4 684 000	4 429 000
Total Equity	2 668 000	2 326 000	2 170 000	2 846 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	31 000	172 000	369 000	528 000
Creditors	120 000	39 000	43 000	36 000
Unpaid Taxes	404 000	360 000	337 000	405 000
Dividends	1 000 000	594 000	1 300 000	0
Other Current Debt	328 000	293 000	254 000	350 000
Total Current Debt	2 244 000	1 532 000	2 144 000	1 055 000
Total Equity and Debt	4 943 000	4 030 000	4 684 000	4 429 000

Financial indicators	2022	2021	2020	2019
Return on Equity	50,3 %	32,24 %	33,36 %	30,01 %
Debt-to-Equity Ratio	0,01	0,07	0,17	0,19
Operating Profit Margin	16,85 %	13,14 %	13,6 %	14,78 %
Current Ratio	1,76	2,07	1,71	3,14
Quick Ratio	1,87	2,37	1,82	3,65
Equity Ratio	0,54	0,58	0,46	0,64
Gross Profit Margin	67,63 %	72,13 %	74 %	72,1 %