SM INDUSTRISERVICE AS

4048 HAFRSFJORD

Finances

Share Ownership

Return on Equity

17,26 %

Current Ratio

2,36

Debt-to-Equity Ratio

5,21

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 175 000	2 202 000	2 446 000	1 839 000
Net Income	29 000	178 000	247 000	145 000
Total Assets	1 578 000	1 870 000	1 822 000	2 048 000
Total Equity	168 000	289 000	311 000	164 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 175 000	2 202 000	2 446 000	1 839 000
Expenditure	2 112 000	1 943 000	2 075 000	1 612 000
Operating Profit	62 000	259 000	371 000	227 000
Financial Income	1 000	0	0	1 000
Financial Costs	32 000	25 000	36 000	41 000
Financial Balance	−31 000	−25 000	−36 000	−40 000
Earnings Before Tax	31 000	234 000	335 000	186 000
Tax	2 000	56 000	89 000	41 000
Net Income	29 000	178 000	247 000	145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	314 000	394 000	150 000	310 000
Total Current Assets	1 264 000	1 476 000	1 672 000	1 738 000
Total Assets	1 578 000	1 870 000	1 822 000	2 048 000
Total Retained Equity	138 000	259 000	281 000	134 000
Total Equity	168 000	289 000	311 000	164 000
Total Long-Term Debt	875 000	875 000	1 000 000	1 209 000
Total Current Debt	535 000	706 000	511 000	674 000
Total Equity and Debt	1 578 000	1 870 000	1 822 000	2 048 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 175 000	2 202 000	2 446 000	1 839 000
Other Income	0	0	0	0
Revenue	2 175 000	2 202 000	2 446 000	1 839 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 511 000	1 357 000	1 495 000	1 166 000
Depreciation	80 000	145 000	160 000	160 000
Impairment	0	0	0	0
Expenditure	2 112 000	1 943 000	2 075 000	1 612 000
Operating Profit	62 000	259 000	371 000	227 000
Financial Income	1 000	0	0	1 000
Financial Costs	32 000	25 000	36 000	41 000
Financial Balance	−31 000	−25 000	−36 000	−40 000
Dividends	150 000	200 000	100 000	300 000
Net Income	29 000	178 000	247 000	145 000

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	123 000	158 000	113 000	263 000
Fixtures	191 000	236 000	37 000	48 000
Total Tangible Assets	314 000	394 000	150 000	310 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	314 000	394 000	150 000	310 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 009 000	1 365 000	1 472 000	1 596 000
Total Current Assets	1 264 000	1 476 000	1 672 000	1 738 000
Total Assets	1 578 000	1 870 000	1 822 000	2 048 000
Total Equity	168 000	289 000	311 000	164 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	875 000	875 000	1 000 000	1 209 000
Creditors	53 000	2 000	19 000	17 000
Unpaid Taxes	191 000	201 000	174 000	206 000
Dividends	150 000	200 000	100 000	300 000
Other Current Debt	139 000	246 000	120 000	100 000
Total Current Debt	535 000	706 000	511 000	674 000
Total Equity and Debt	1 578 000	1 870 000	1 822 000	2 048 000

Financial indicators	2022	2021	2020	2019
Return on Equity	17,26 %	61,59 %	79,42 %	88,41 %
Debt-to-Equity Ratio	5,21	3,03	3,22	7,37
Operating Profit Margin	2,85 %	11,76 %	15,17 %	12,34 %
Current Ratio	2,36	2,09	3,27	2,58
Quick Ratio	2,36	2,09	3,27	2,58
Equity Ratio	0,11	0,15	0,17	0,08
Gross Profit Margin	100 %	100 %	100 %	100 %