SMIDIG IT AS

2033 ÅSGREINA

Finances

Share Ownership

Return on Equity

61,95 %

Current Ratio

1,62

Debt-to-Equity Ratio

0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 676 000	2 350 000	1 745 000	1 510 000
Net Income	293 000	416 000	236 000	25 000
Total Assets	1 745 000	1 940 000	893 000	607 000
Total Equity	473 000	940 000	524 000	288 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 676 000	2 350 000	1 745 000	1 510 000
Expenditure	2 293 000	1 812 000	1 443 000	1 487 000
Operating Profit	382 000	538 000	301 000	23 000
Financial Income	12 000	2 000	2 000	4 000
Financial Costs	16 000	7 000	2 000	2 000
Financial Balance	−4 000	−5 000	0	2 000
Earnings Before Tax	378 000	533 000	302 000	25 000
Tax	84 000	117 000	66 000	1 000
Net Income	293 000	416 000	236 000	25 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	422 000	553 000	18 000	28 000
Total Current Assets	1 323 000	1 387 000	875 000	580 000
Total Assets	1 745 000	1 940 000	893 000	607 000
Total Retained Equity	443 000	910 000	499 000	264 000
Total Equity	473 000	940 000	524 000	288 000
Total Long-Term Debt	455 000	534 000	0	0
Total Current Debt	818 000	467 000	370 000	319 000
Total Equity and Debt	1 745 000	1 940 000	893 000	607 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 675 000	2 350 000	1 745 000	1 510 000
Other Income	0	0	0	0
Revenue	2 676 000	2 350 000	1 745 000	1 510 000
Cost of Goods Sold	0	0	0	0
Salary Costs	1 790 000	1 387 000	1 255 000	1 372 000
Depreciation	131 000	67 000	10 000	3 000
Impairment	0	0	0	0
Expenditure	2 293 000	1 812 000	1 443 000	1 487 000
Operating Profit	382 000	538 000	301 000	23 000
Financial Income	12 000	2 000	2 000	4 000
Financial Costs	16 000	7 000	2 000	2 000
Financial Balance	−4 000	−5 000	0	2 000
Dividends	760 000	0	0	0
Net Income	293 000	416 000	236 000	25 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	1 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	393 000	0	0	0
Fixtures	29 000	553 000	17 000	28 000
Total Tangible Assets	422 000	553 000	17 000	28 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	422 000	553 000	18 000	28 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 136 000	1 098 000	627 000	418 000
Total Current Assets	1 323 000	1 387 000	875 000	580 000
Total Assets	1 745 000	1 940 000	893 000	607 000
Total Equity	473 000	940 000	524 000	288 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	455 000	534 000	0	0
Creditors	32 000	33 000	0	0
Unpaid Taxes	296 000	224 000	209 000	228 000
Dividends	760 000	0	0	0
Other Current Debt	139 000	107 000	93 000	90 000
Total Current Debt	818 000	467 000	370 000	319 000
Total Equity and Debt	1 745 000	1 940 000	893 000	607 000

Financial indicators	2022	2021	2020	2019
Return on Equity	61,95 %	44,26 %	45,04 %	8,68 %
Debt-to-Equity Ratio	0,96	0,57	0	0
Operating Profit Margin	14,28 %	22,89 %	17,25 %	1,52 %
Current Ratio	1,62	2,97	2,36	1,82
Quick Ratio	1,62	2,97	2,36	1,82
Equity Ratio	0,27	0,48	0,59	0,47
Gross Profit Margin	100 %	100 %	100 %	100 %