SMIDSRØDVEIEN 2 B AS

3126 TØNSBERG

Finances

Share Ownership

Return on Equity

−23,33 %

Current Ratio

1,6

Debt-to-Equity Ratio

3,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	728 000	1 120 000	960 000	948 000
Net Income	−304 000	116 000	218 000	−89 000
Total Assets	5 540 000	5 675 000	5 571 000	5 565 000
Total Equity	1 303 000	1 606 000	1 658 000	1 440 000

Income (NOK)	2022	2021	2020	2019
Revenue	728 000	1 120 000	960 000	948 000
Expenditure	957 000	863 000	538 000	880 000
Operating Profit	−229 000	258 000	422 000	68 000
Financial Income	2 000	0	0	0
Financial Costs	162 000	109 000	143 000	182 000
Financial Balance	−160 000	−109 000	−143 000	−182 000
Earnings Before Tax	−389 000	149 000	279 000	−114 000
Tax	−86 000	33 000	61 000	−25 000
Net Income	−304 000	116 000	218 000	−89 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 152 000	5 150 000	5 264 000	5 355 000
Total Current Assets	388 000	525 000	307 000	210 000
Total Assets	5 540 000	5 675 000	5 571 000	5 565 000
Total Retained Equity	305 000	609 000	660 000	442 000
Total Equity	1 303 000	1 606 000	1 658 000	1 440 000
Total Long-Term Debt	3 994 000	3 731 000	3 810 000	4 040 000
Total Current Debt	243 000	338 000	104 000	86 000
Total Equity and Debt	5 540 000	5 675 000	5 571 000	5 565 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	960 000	948 000
Other Income	728 000	1 120 000	0	0
Revenue	728 000	1 120 000	960 000	948 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	84 000	98 000	100 000	94 000
Impairment	0	0	0	0
Expenditure	957 000	863 000	538 000	880 000
Operating Profit	−229 000	258 000	422 000	68 000
Financial Income	2 000	0	0	0
Financial Costs	162 000	109 000	143 000	182 000
Financial Balance	−160 000	−109 000	−143 000	−182 000
Dividends	0	0	0	0
Net Income	−304 000	116 000	218 000	−89 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	120 000	34 000	20 000	52 000
Real Eastate	5 032 000	5 116 000	5 200 000	5 284 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	44 000	19 000
Total Tangible Assets	5 032 000	5 116 000	5 244 000	5 304 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 152 000	5 150 000	5 264 000	5 355 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	369 000	466 000	289 000	193 000
Total Current Assets	388 000	525 000	307 000	210 000
Total Assets	5 540 000	5 675 000	5 571 000	5 565 000
Total Equity	1 303 000	1 606 000	1 658 000	1 440 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 994 000	3 731 000	3 810 000	4 040 000
Creditors	64 000	27 000	63 000	60 000
Unpaid Taxes	8 000	1 000	5 000	17 000
Dividends	0	0	0	0
Other Current Debt	171 000	309 000	6 000	8 000
Total Current Debt	243 000	338 000	104 000	86 000
Total Equity and Debt	5 540 000	5 675 000	5 571 000	5 565 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−23,33 %	7,22 %	13,15 %	−6,18 %
Debt-to-Equity Ratio	3,07	2,32	2,3	2,81
Operating Profit Margin	−31,46 %	23,04 %	43,96 %	7,17 %
Current Ratio	1,6	1,55	2,95	2,44
Quick Ratio	1,6	1,55	2,95	2,44
Equity Ratio	0,24	0,28	0,3	0,26
Gross Profit Margin	100 %	100 %	100 %	100 %