SM WELL ENGINEERING SERVICES AS

5232 PARADIS

Finances

Return on Equity

21,37 %

Current Ratio

7,62

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 773 000	2 633 000	2 518 000	2 266 000
Net Income	1 277 000	1 649 000	1 649 000	1 458 000
Total Assets	6 717 000	5 325 000	7 271 000	6 137 000
Total Equity	5 977 000	4 700 000	6 551 000	5 634 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 773 000	2 633 000	2 518 000	2 266 000
Expenditure	1 039 000	902 000	888 000	919 000
Operating Profit	1 733 000	1 731 000	1 629 000	1 347 000
Financial Income	−15 000	374 000	427 000	351 000
Financial Costs	65 000	59 000	52 000	−46 000
Financial Balance	−80 000	315 000	375 000	397 000
Earnings Before Tax	1 653 000	2 045 000	2 004 000	1 744 000
Tax	376 000	397 000	355 000	286 000
Net Income	1 277 000	1 649 000	1 649 000	1 458 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 077 000	901 000	1 244 000	678 000
Total Current Assets	5 640 000	4 424 000	6 026 000	5 459 000
Total Assets	6 717 000	5 325 000	7 271 000	6 137 000
Total Retained Equity	5 958 000	4 681 000	6 532 000	5 615 000
Total Equity	5 977 000	4 700 000	6 551 000	5 634 000
Total Long-Term Debt	0	0	15 000	0
Total Current Debt	740 000	625 000	705 000	502 000
Total Equity and Debt	6 717 000	5 325 000	7 271 000	6 137 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 773 000	2 647 000	2 518 000	2 266 000
Other Income	0	−14 000	0	0
Revenue	2 773 000	2 633 000	2 518 000	2 266 000
Cost of Goods Sold	0	0	0	0
Salary Costs	747 000	586 000	577 000	580 000
Depreciation	0	52 000	6 000	0
Impairment	0	0	0	0
Expenditure	1 039 000	902 000	888 000	919 000
Operating Profit	1 733 000	1 731 000	1 629 000	1 347 000
Financial Income	−15 000	374 000	427 000	351 000
Financial Costs	65 000	59 000	52 000	−46 000
Financial Balance	−80 000	315 000	375 000	397 000
Dividends	0	3 500 000	0	0
Net Income	1 277 000	1 649 000	1 649 000	1 458 000

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	0	0	0	0
Fixtures	0	0	356 000	0
Total Tangible Assets	0	0	356 000	0
Total Fiancial Fixed Assets	1 077 000	901 000	888 000	678 000
Total Fixed Assets	1 077 000	901 000	1 244 000	678 000
Stock	0	0	0	0
Total Investments	3 550 000	2 927 000	4 327 000	3 826 000
Cash, Bank	1 316 000	714 000	1 112 000	1 051 000
Total Current Assets	5 640 000	4 424 000	6 026 000	5 459 000
Total Assets	6 717 000	5 325 000	7 271 000	6 137 000
Total Equity	5 977 000	4 700 000	6 551 000	5 634 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	15 000	0
Creditors	10 000	1 000	4 000	0
Unpaid Taxes	171 000	147 000	273 000	155 000
Dividends	0	3 500 000	0	0
Other Current Debt	183 000	65 000	87 000	61 000
Total Current Debt	740 000	625 000	705 000	502 000
Total Equity and Debt	6 717 000	5 325 000	7 271 000	6 137 000

Financial indicators	2022	2021	2020	2019
Return on Equity	21,37 %	35,09 %	25,17 %	25,88 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	62,5 %	65,74 %	64,69 %	59,44 %
Current Ratio	7,62	7,08	8,55	10,87
Quick Ratio	7,62	7,08	8,55	10,87
Equity Ratio	0,89	0,88	0,9	0,92
Gross Profit Margin	100 %	100 %	100 %	100 %