SMIDSRØDVEIEN 14 AS

3120 NØTTERØY

Finances

Share Ownership

Return on Equity

−9,16 %

Current Ratio

3,93

Debt-to-Equity Ratio

20,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 041 000	987 000	980 000	981 000
Net Income	−23 000	−32 000	−68 000	−19 000
Total Assets	5 529 000	5 950 000	6 383 000	6 729 000
Total Equity	251 000	374 000	506 000	574 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 041 000	987 000	980 000	981 000
Expenditure	860 000	806 000	800 000	735 000
Operating Profit	180 000	181 000	180 000	246 000
Financial Income	0	0	0	0
Financial Costs	210 000	222 000	267 000	270 000
Financial Balance	−210 000	−222 000	−267 000	−270 000
Earnings Before Tax	−29 000	−41 000	−87 000	−24 000
Tax	−6 000	−9 000	−19 000	−5 000
Net Income	−23 000	−32 000	−68 000	−19 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 418 000	5 812 000	6 203 000	6 584 000
Total Current Assets	110 000	138 000	180 000	145 000
Total Assets	5 529 000	5 950 000	6 383 000	6 729 000
Total Retained Equity	−549 000	−526 000	−494 000	−426 000
Total Equity	251 000	374 000	506 000	574 000
Total Long-Term Debt	5 250 000	5 550 000	5 850 000	6 060 000
Total Current Debt	28 000	26 000	27 000	94 000
Total Equity and Debt	5 529 000	5 950 000	6 383 000	6 729 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	1 041 000	987 000	980 000	981 000
Revenue	1 041 000	987 000	980 000	981 000
Cost of Goods Sold	0	0	0	0
Salary Costs	171 000	171 000	170 000	171 000
Depreciation	400 000	400 000	400 000	400 000
Impairment	0	0	0	0
Expenditure	860 000	806 000	800 000	735 000
Operating Profit	180 000	181 000	180 000	246 000
Financial Income	0	0	0	0
Financial Costs	210 000	222 000	267 000	270 000
Financial Balance	−210 000	−222 000	−267 000	−270 000
Dividends	0	0	0	0
Net Income	−23 000	−32 000	−68 000	−19 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	154 000	147 000	138 000	119 000
Real Eastate	5 264 000	5 664 000	6 064 000	6 464 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	5 264 000	5 664 000	6 064 000	6 464 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 418 000	5 812 000	6 203 000	6 584 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	54 000	124 000	171 000	132 000
Total Current Assets	110 000	138 000	180 000	145 000
Total Assets	5 529 000	5 950 000	6 383 000	6 729 000
Total Equity	251 000	374 000	506 000	574 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	5 250 000	5 550 000	5 850 000	6 060 000
Creditors	0	0	0	0
Unpaid Taxes	11 000	8 000	8 000	8 000
Dividends	0	0	0	0
Other Current Debt	17 000	19 000	19 000	87 000
Total Current Debt	28 000	26 000	27 000	94 000
Total Equity and Debt	5 529 000	5 950 000	6 383 000	6 729 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−9,16 %	−8,56 %	−13,44 %	−3,31 %
Debt-to-Equity Ratio	20,92	14,84	11,56	10,56
Operating Profit Margin	17,29 %	18,34 %	18,37 %	25,08 %
Current Ratio	3,93	5,31	6,67	1,54
Quick Ratio	3,93	5,31	6,67	1,54
Equity Ratio	0,05	0,06	0,08	0,09
Gross Profit Margin	100 %	100 %	100 %	100 %