SMG AS

5281 VALESTRANDSFOSSEN

Finances

Share Ownership

Return on Equity

83,31 %

Current Ratio

5,79

Debt-to-Equity Ratio

−0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	98 000	264 000
Net Income	1 852 000	20 000	76 000	472 000
Total Assets	2 314 000	463 000	463 000	748 000
Total Equity	2 223 000	371 000	351 000	578 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	98 000	264 000
Expenditure	308 000	2 000	1 000	82 000
Operating Profit	−648 000	−2 000	97 000	182 000
Financial Income	2 500 000	0	0	335 000
Financial Costs	0	0	0	2 000
Financial Balance	2 500 000	0	0	333 000
Earnings Before Tax	1 852 000	−2 000	97 000	515 000
Tax	0	−21 000	21 000	43 000
Net Income	1 852 000	20 000	76 000	472 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	340 000	340 000	94 000
Total Current Assets	2 314 000	123 000	123 000	653 000
Total Assets	2 314 000	463 000	463 000	748 000
Total Retained Equity	2 143 000	290 000	271 000	548 000
Total Equity	2 223 000	371 000	351 000	578 000
Total Long-Term Debt	−309 000	151 000	151 000	9 000
Total Current Debt	400 000	−58 000	−39 000	160 000
Total Equity and Debt	2 314 000	463 000	463 000	748 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	98 000	264 000
Other Income	0	0	0	0
Revenue	0	0	98 000	264 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	5 000
Impairment	0	0	0	0
Expenditure	308 000	2 000	1 000	82 000
Operating Profit	−648 000	−2 000	97 000	182 000
Financial Income	2 500 000	0	0	335 000
Financial Costs	0	0	0	2 000
Financial Balance	2 500 000	0	0	333 000
Dividends	0	0	0	0
Net Income	1 852 000	20 000	76 000	472 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	340 000	340 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	12 000
Total Tangible Assets	0	0	0	12 000
Total Fiancial Fixed Assets	0	0	0	82 000
Total Fixed Assets	0	340 000	340 000	94 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	84 000	84 000	84 000	12 000
Total Current Assets	2 314 000	123 000	123 000	653 000
Total Assets	2 314 000	463 000	463 000	748 000
Total Equity	2 223 000	371 000	351 000	578 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	−309 000	151 000	151 000	9 000
Creditors	96 000	96 000	94 000	43 000
Unpaid Taxes	42 000	42 000	42 000	37 000
Dividends	0	0	0	0
Other Current Debt	242 000	−217 000	−217 000	35 000
Total Current Debt	400 000	−58 000	−39 000	160 000
Total Equity and Debt	2 314 000	463 000	463 000	748 000

Financial indicators	2022	2021	2020	2019
Return on Equity	83,31 %	5,39 %	21,65 %	81,66 %
Debt-to-Equity Ratio	−0,14	0,41	0,43	0,02
Operating Profit Margin	-	-	98,98 %	68,94 %
Current Ratio	5,79	−2,12	−3,15	4,08
Quick Ratio	5,79	−2,12	−3,15	4,08
Equity Ratio	0,96	0,8	0,76	0,77
Gross Profit Margin	-	-	100 %	100 %