SMIUBELGEN AS

2674 MYSUSÆTER

Finances

Return on Equity

41,77 %

Current Ratio

0,6

Debt-to-Equity Ratio

−1,25

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 549 000	963 000	1 186 000	1 693 000
Net Income	−2 196 000	208 000	−1 010 000	−924 000
Total Assets	3 890 000	3 888 000	3 284 000	4 279 000
Total Equity	−5 257 000	−3 061 000	−3 268 000	−2 299 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 549 000	963 000	1 186 000	1 693 000
Expenditure	6 387 000	426 000	921 000	2 341 000
Operating Profit	−1 838 000	536 000	265 000	−649 000
Financial Income	5 000	5 000	6 000	4 000
Financial Costs	328 000	334 000	1 281 000	280 000
Financial Balance	−323 000	−329 000	−1 275 000	−276 000
Earnings Before Tax	−2 160 000	208 000	−1 010 000	−924 000
Tax	36 000	0	0	0
Net Income	−2 196 000	208 000	−1 010 000	−924 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 343 000	2 333 000	2 344 000	2 814 000
Total Current Assets	1 548 000	1 555 000	940 000	1 465 000
Total Assets	3 890 000	3 888 000	3 284 000	4 279 000
Total Retained Equity	−5 497 000	−3 301 000	−3 508 000	−2 499 000
Total Equity	−5 257 000	−3 061 000	−3 268 000	−2 299 000
Total Long-Term Debt	6 554 000	5 991 000	6 096 000	2 400 000
Total Current Debt	2 594 000	958 000	457 000	4 178 000
Total Equity and Debt	3 890 000	3 888 000	3 284 000	4 279 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 504 000	650 000	664 000	1 112 000
Other Income	46 000	313 000	522 000	581 000
Revenue	4 549 000	963 000	1 186 000	1 693 000
Cost of Goods Sold	0	104 000	86 000	387 000
Salary Costs	1 405 000	28 000	307 000	922 000
Depreciation	69 000	66 000	63 000	35 000
Impairment	0	0	0	0
Expenditure	6 387 000	426 000	921 000	2 341 000
Operating Profit	−1 838 000	536 000	265 000	−649 000
Financial Income	5 000	5 000	6 000	4 000
Financial Costs	328 000	334 000	1 281 000	280 000
Financial Balance	−323 000	−329 000	−1 275 000	−276 000
Dividends	0	0	0	0
Net Income	−2 196 000	208 000	−1 010 000	−924 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 913 000	1 954 000	1 996 000	2 037 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	125 000	74 000	98 000	51 000
Total Tangible Assets	2 038 000	2 028 000	2 093 000	2 088 000
Total Fiancial Fixed Assets	305 000	305 000	250 000	726 000
Total Fixed Assets	2 343 000	2 333 000	2 344 000	2 814 000
Stock	0	0	0	25 000
Total Investments	0	0	0	0
Cash, Bank	70 000	111 000	88 000	386 000
Total Current Assets	1 548 000	1 555 000	940 000	1 465 000
Total Assets	3 890 000	3 888 000	3 284 000	4 279 000
Total Equity	−5 257 000	−3 061 000	−3 268 000	−2 299 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	6 554 000	5 991 000	6 096 000	2 400 000
Creditors	500 000	315 000	14 000	371 000
Unpaid Taxes	13 000	25 000	−4 000	47 000
Dividends	0	0	0	0
Other Current Debt	1 866 000	424 000	321 000	3 760 000
Total Current Debt	2 594 000	958 000	457 000	4 178 000
Total Equity and Debt	3 890 000	3 888 000	3 284 000	4 279 000

Financial indicators	2022	2021	2020	2019
Return on Equity	41,77 %	−6,8 %	30,91 %	40,19 %
Debt-to-Equity Ratio	−1,25	−1,96	−1,87	−1,04
Operating Profit Margin	−40,4 %	55,66 %	22,34 %	−38,33 %
Current Ratio	0,6	1,62	2,06	0,35
Quick Ratio	0,6	1,62	2,06	0,35
Equity Ratio	−1,35	−0,79	−1	−0,54
Gross Profit Margin	100 %	89,2 %	92,75 %	77,14 %