SMIR AS

7160 BJUGN

Finances

Return on Equity

104,55 %

Current Ratio

2,21

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	108 944 000	128 586 000	219 901 000	110 793 000
Net Income	13 244 000	24 410 000	29 341 000	18 981 000
Total Assets	34 521 000	36 776 000	111 957 000	55 829 000
Total Equity	12 668 000	5 424 000	23 319 000	13 751 000

Income (NOK)	2022	2021	2020	2019
Revenue	108 944 000	128 586 000	219 901 000	110 793 000
Expenditure	92 071 000	97 233 000	180 438 000	85 541 000
Operating Profit	16 874 000	31 353 000	39 464 000	23 652 000
Financial Income	212 000	49 000	103 000	495 000
Financial Costs	70 000	67 000	1 937 000	19 000
Financial Balance	142 000	−18 000	−1 834 000	476 000
Earnings Before Tax	17 015 000	31 335 000	37 631 000	24 128 000
Tax	3 771 000	6 925 000	8 290 000	5 147 000
Net Income	13 244 000	24 410 000	29 341 000	18 981 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 950 000	2 306 000	62 546 000	41 889 000
Total Current Assets	32 571 000	34 470 000	49 411 000	13 940 000
Total Assets	34 521 000	36 776 000	111 957 000	55 829 000
Total Retained Equity	12 638 000	5 394 000	23 289 000	13 734 000
Total Equity	12 668 000	5 424 000	23 319 000	13 751 000
Total Long-Term Debt	7 116 000	3 345 000	45 202 000	0
Total Current Debt	14 737 000	28 008 000	43 436 000	42 078 000
Total Equity and Debt	34 521 000	36 776 000	111 957 000	55 829 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	108 944 000	128 586 000	211 595 000	105 915 000
Other Income	0	0	8 307 000	4 877 000
Revenue	108 944 000	128 586 000	219 901 000	110 793 000
Cost of Goods Sold	62 862 000	70 650 000	132 508 000	75 476 000
Salary Costs	19 606 000	17 227 000	23 693 000	5 670 000
Depreciation	142 000	113 000	8 232 000	43 000
Impairment	0	0	0	0
Expenditure	92 071 000	97 233 000	180 438 000	85 541 000
Operating Profit	16 874 000	31 353 000	39 464 000	23 652 000
Financial Income	212 000	49 000	103 000	495 000
Financial Costs	70 000	67 000	1 937 000	19 000
Financial Balance	142 000	−18 000	−1 834 000	476 000
Dividends	6 000 000	13 000 000	13 000 000	16 000 000
Net Income	13 244 000	24 410 000	29 341 000	18 981 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	103 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	179 000	110 000	27 538 000	118 000
Fixtures	293 000	328 000	262 000	76 000
Total Tangible Assets	472 000	438 000	62 513 000	194 000
Total Fiancial Fixed Assets	1 478 000	1 867 000	32 000	41 592 000
Total Fixed Assets	1 950 000	2 306 000	62 546 000	41 889 000
Stock	288 000	0	0	4 022 000
Total Investments	0	0	0	0
Cash, Bank	9 645 000	23 524 000	28 204 000	3 965 000
Total Current Assets	32 571 000	34 470 000	49 411 000	13 940 000
Total Assets	34 521 000	36 776 000	111 957 000	55 829 000
Total Equity	12 668 000	5 424 000	23 319 000	13 751 000
Short-Term Group Debt	0	0	0	17 231 000
Total Long-Term Debt	7 116 000	3 345 000	45 202 000	0
Creditors	6 332 000	607 000	6 166 000	2 688 000
Unpaid Taxes	0	2 550 000	4 532 000	404 000
Dividends	6 000 000	13 000 000	13 000 000	16 000 000
Other Current Debt	2 405 000	5 786 000	15 212 000	4 576 000
Total Current Debt	14 737 000	28 008 000	43 436 000	42 078 000
Total Equity and Debt	34 521 000	36 776 000	111 957 000	55 829 000

Financial indicators	2022	2021	2020	2019
Return on Equity	104,55 %	450,04 %	125,82 %	138,03 %
Debt-to-Equity Ratio	0,56	0,62	1,94	0
Operating Profit Margin	15,49 %	24,38 %	17,95 %	21,35 %
Current Ratio	2,21	1,23	1,14	0,33
Quick Ratio	2,25	1,23	1,14	0,37
Equity Ratio	0,37	0,15	0,21	0,25
Gross Profit Margin	42,3 %	45,06 %	39,74 %	31,88 %