SMIDESANG & LYNG AS

7011 TRONDHEIM

Finances

Share Ownership

Return on Equity

244,8 %

Current Ratio

1,24

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 809 000	9 324 000	7 651 000	7 678 000
Net Income	2 448 000	2 632 000	1 541 000	1 619 000
Total Assets	5 173 000	5 433 000	3 554 000	3 692 000
Total Equity	1 000 000	1 000 000	377 000	186 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 809 000	9 324 000	7 651 000	7 678 000
Expenditure	4 686 000	5 949 000	5 680 000	5 597 000
Operating Profit	3 123 000	3 374 000	1 970 000	2 080 000
Financial Income	17 000	4 000	14 000	4 000
Financial Costs	2 000	2 000	3 000	4 000
Financial Balance	15 000	2 000	11 000	0
Earnings Before Tax	3 138 000	3 376 000	1 982 000	2 081 000
Tax	690 000	744 000	441 000	461 000
Net Income	2 448 000	2 632 000	1 541 000	1 619 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 000	27 000	28 000	0
Total Current Assets	5 163 000	5 406 000	3 525 000	3 692 000
Total Assets	5 173 000	5 433 000	3 554 000	3 692 000
Total Retained Equity	970 000	970 000	347 000	156 000
Total Equity	1 000 000	1 000 000	377 000	186 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	4 173 000	4 433 000	3 177 000	3 507 000
Total Equity and Debt	5 173 000	5 433 000	3 554 000	3 692 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 805 000	9 324 000	7 651 000	7 678 000
Other Income	3 000	0	0	0
Revenue	7 809 000	9 324 000	7 651 000	7 678 000
Cost of Goods Sold	147 000	164 000	372 000	308 000
Salary Costs	3 734 000	4 662 000	4 419 000	4 219 000
Depreciation	17 000	17 000	7 000	0
Impairment	0	0	0	0
Expenditure	4 686 000	5 949 000	5 680 000	5 597 000
Operating Profit	3 123 000	3 374 000	1 970 000	2 080 000
Financial Income	17 000	4 000	14 000	4 000
Financial Costs	2 000	2 000	3 000	4 000
Financial Balance	15 000	2 000	11 000	0
Dividends	2 448 000	2 009 000	1 350 000	1 600 000
Net Income	2 448 000	2 632 000	1 541 000	1 619 000

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	10 000	27 000	28 000	0
Total Tangible Assets	10 000	27 000	28 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	10 000	27 000	28 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 985 000	4 046 000	2 258 000	2 690 000
Total Current Assets	5 163 000	5 406 000	3 525 000	3 692 000
Total Assets	5 173 000	5 433 000	3 554 000	3 692 000
Total Equity	1 000 000	1 000 000	377 000	186 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	23 000	27 000	26 000	39 000
Unpaid Taxes	547 000	797 000	628 000	763 000
Dividends	2 448 000	2 009 000	1 350 000	1 600 000
Other Current Debt	465 000	856 000	732 000	644 000
Total Current Debt	4 173 000	4 433 000	3 177 000	3 507 000
Total Equity and Debt	5 173 000	5 433 000	3 554 000	3 692 000

Financial indicators	2022	2021	2020	2019
Return on Equity	244,8 %	263,2 %	408,75 %	870,43 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	39,99 %	36,19 %	25,75 %	27,09 %
Current Ratio	1,24	1,22	1,11	1,05
Quick Ratio	1,24	1,22	1,11	1,05
Equity Ratio	0,19	0,18	0,11	0,05
Gross Profit Margin	98,12 %	98,24 %	95,14 %	95,99 %