SMØRHOLM AS

6490 EIDE

Finances

Share Ownership

Return on Equity

52,13 %

Current Ratio

2,03

Debt-to-Equity Ratio

0,07

Key figures (NOK)	2022	2021	2020	2019
Revenue	62 513 000	50 025 000	37 742 000	26 818 000
Net Income	12 123 000	9 820 000	3 159 000	−1 145 000
Total Assets	47 749 000	32 609 000	21 432 000	15 369 000
Total Equity	23 257 000	17 134 000	12 215 000	10 556 000

Income (NOK)	2022	2021	2020	2019
Revenue	62 513 000	50 025 000	37 742 000	26 818 000
Expenditure	47 311 000	37 448 000	33 720 000	28 355 000
Operating Profit	15 202 000	12 577 000	4 022 000	−1 537 000
Financial Income	358 000	30 000	44 000	94 000
Financial Costs	15 000	15 000	15 000	22 000
Financial Balance	343 000	15 000	29 000	72 000
Earnings Before Tax	15 545 000	12 592 000	4 052 000	−1 465 000
Tax	3 422 000	2 772 000	893 000	−320 000
Net Income	12 123 000	9 820 000	3 159 000	−1 145 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 531 000	1 612 000	1 626 000	1 570 000
Total Current Assets	46 218 000	30 996 000	19 807 000	13 800 000
Total Assets	47 749 000	32 609 000	21 432 000	15 369 000
Total Retained Equity	23 157 000	17 034 000	12 115 000	10 456 000
Total Equity	23 257 000	17 134 000	12 215 000	10 556 000
Total Long-Term Debt	1 674 000	4 088 000	1 491 000	599 000
Total Current Debt	22 819 000	11 387 000	7 726 000	4 215 000
Total Equity and Debt	47 749 000	32 609 000	21 432 000	15 369 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	62 513 000	50 025 000	37 742 000	26 818 000
Other Income	0	0	0	0
Revenue	62 513 000	50 025 000	37 742 000	26 818 000
Cost of Goods Sold	19 804 000	14 106 000	11 510 000	9 933 000
Salary Costs	19 915 000	16 158 000	15 602 000	12 940 000
Depreciation	53 000	75 000	79 000	72 000
Impairment	0	0	0	0
Expenditure	47 311 000	37 448 000	33 720 000	28 355 000
Operating Profit	15 202 000	12 577 000	4 022 000	−1 537 000
Financial Income	358 000	30 000	44 000	94 000
Financial Costs	15 000	15 000	15 000	22 000
Financial Balance	343 000	15 000	29 000	72 000
Dividends	6 000 000	4 900 000	1 500 000	0
Net Income	12 123 000	9 820 000	3 159 000	−1 145 000

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	1 000	8 000	14 000
Fixtures	88 000	124 000	159 000	145 000
Total Tangible Assets	88 000	126 000	167 000	159 000
Total Fiancial Fixed Assets	1 443 000	1 487 000	1 459 000	1 411 000
Total Fixed Assets	1 531 000	1 612 000	1 626 000	1 570 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	32 092 000	23 174 000	12 726 000	8 083 000
Total Current Assets	46 218 000	30 996 000	19 807 000	13 800 000
Total Assets	47 749 000	32 609 000	21 432 000	15 369 000
Total Equity	23 257 000	17 134 000	12 215 000	10 556 000
Short-Term Group Debt	0	1 500 000	0	0
Total Long-Term Debt	1 674 000	4 088 000	1 491 000	599 000
Creditors	3 166 000	1 479 000	1 518 000	902 000
Unpaid Taxes	3 712 000	1 286 000	2 663 000	1 641 000
Dividends	6 000 000	4 900 000	1 500 000	0
Other Current Debt	4 105 000	2 046 000	2 045 000	1 672 000
Total Current Debt	22 819 000	11 387 000	7 726 000	4 215 000
Total Equity and Debt	47 749 000	32 609 000	21 432 000	15 369 000

Financial indicators	2022	2021	2020	2019
Return on Equity	52,13 %	57,31 %	25,86 %	−10,85 %
Debt-to-Equity Ratio	0,07	0,24	0,12	0,06
Operating Profit Margin	24,32 %	25,14 %	10,66 %	−5,73 %
Current Ratio	2,03	2,72	2,56	3,27
Quick Ratio	2,03	2,72	2,56	3,27
Equity Ratio	0,49	0,53	0,57	0,69
Gross Profit Margin	68,32 %	71,8 %	69,5 %	62,96 %