SCANDINAVIAN MICRO SYSTEMS AS

1414 TROLLÅSEN

Finances

Share Ownership

Return on Equity

55,46 %

Current Ratio

6,2

Debt-to-Equity Ratio

2,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 049 000	7 002 000	6 374 000	7 426 000
Net Income	853 000	765 000	−282 000	1 237 000
Total Assets	6 430 000	5 524 000	4 826 000	5 426 000
Total Equity	1 538 000	684 000	−80 000	202 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 049 000	7 002 000	6 374 000	7 426 000
Expenditure	6 295 000	6 125 000	6 738 000	6 411 000
Operating Profit	753 000	878 000	−363 000	1 014 000
Financial Income	101 000	32 000	194 000	271 000
Financial Costs	1 000	145 000	113 000	48 000
Financial Balance	100 000	−113 000	81 000	223 000
Earnings Before Tax	853 000	765 000	−282 000	1 237 000
Tax	0	0	0	0
Net Income	853 000	765 000	−282 000	1 237 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	488 000	573 000	488 000	505 000
Total Current Assets	5 942 000	4 951 000	4 338 000	4 921 000
Total Assets	6 430 000	5 524 000	4 826 000	5 426 000
Total Retained Equity	−1 202 000	−2 055 000	−2 820 000	−2 538 000
Total Equity	1 538 000	684 000	−80 000	202 000
Total Long-Term Debt	3 933 000	3 933 000	3 933 000	3 933 000
Total Current Debt	959 000	907 000	973 000	1 291 000
Total Equity and Debt	6 430 000	5 524 000	4 826 000	5 426 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 049 000	7 002 000	6 374 000	7 426 000
Other Income	0	0	0	0
Revenue	7 049 000	7 002 000	6 374 000	7 426 000
Cost of Goods Sold	3 889 000	4 010 000	4 910 000	4 599 000
Salary Costs	1 432 000	1 349 000	1 208 000	1 165 000
Depreciation	7 000	7 000	7 000	10 000
Impairment	0	0	0	0
Expenditure	6 295 000	6 125 000	6 738 000	6 411 000
Operating Profit	753 000	878 000	−363 000	1 014 000
Financial Income	101 000	32 000	194 000	271 000
Financial Costs	1 000	145 000	113 000	48 000
Financial Balance	100 000	−113 000	81 000	223 000
Dividends	0	0	0	0
Net Income	853 000	765 000	−282 000	1 237 000

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	15 000	22 000	29 000	36 000
Total Tangible Assets	15 000	22 000	29 000	36 000
Total Fiancial Fixed Assets	474 000	551 000	459 000	469 000
Total Fixed Assets	488 000	573 000	488 000	505 000
Stock	2 887 000	2 692 000	2 161 000	1 463 000
Total Investments	0	0	0	0
Cash, Bank	807 000	504 000	1 080 000	2 708 000
Total Current Assets	5 942 000	4 951 000	4 338 000	4 921 000
Total Assets	6 430 000	5 524 000	4 826 000	5 426 000
Total Equity	1 538 000	684 000	−80 000	202 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	3 933 000	3 933 000	3 933 000	3 933 000
Creditors	585 000	563 000	353 000	294 000
Unpaid Taxes	102 000	169 000	99 000	78 000
Dividends	0	0	0	0
Other Current Debt	272 000	174 000	521 000	919 000
Total Current Debt	959 000	907 000	973 000	1 291 000
Total Equity and Debt	6 430 000	5 524 000	4 826 000	5 426 000

Financial indicators	2022	2021	2020	2019
Return on Equity	55,46 %	111,84 %	352,5 %	612,38 %
Debt-to-Equity Ratio	2,56	5,75	−49,16	19,47
Operating Profit Margin	10,68 %	12,54 %	−5,7 %	13,65 %
Current Ratio	6,2	5,46	4,46	3,81
Quick Ratio	−3,08	−2,77	−3,65	−28,61
Equity Ratio	0,24	0,12	−0,02	0,04
Gross Profit Margin	44,83 %	42,73 %	22,97 %	38,07 %